25855963 Business Risk and Control Sr Analyst

CITIBANK N.A.; Singapore; On-site; SGD 100,000 - 130,000; Full time

Job summary

A leading global financial services firm is seeking an Assistant Vice President, Business Risk and Control Sr Analyst in Singapore. This role involves identifying and mitigating regulatory risks, ensuring compliance, and collaborating with various teams to improve controls and monitoring.

Benefits

Telehealth services

Confidential counseling

Financial well-being support

Qualifications

• 6-8 years of experience in risk, control, audit, or compliance roles.
• Good knowledge of investment products.

Responsibilities

• Control Design Assessment and ARCM Management for Asia Investment Solution business.
• Producing reports and identifying control issues.
• Collaborating on the design of digital monitoring tools.

Skills

Analytical

Strategic

Product Management

Presentation

Education

University degree

Job description

At Citi, we connect millions of people across cities and countries daily, leveraging our extensive global network. We offer a wide range of financial services and products to various clients, including consumers, corporations, governments, and institutions, helping them seize opportunities and address global challenges.

• Citi provides programs and services for physical and mental well-being, including telehealth, health advocates, confidential counseling, and more. Coverage varies by country.
• We support our employees in managing their financial well-being and planning for the future.

Citi Wealth integrates Citi Private Bank and the Consumer Wealth organization to serve clients across the wealth spectrum, aiming to be a leading global wealth management provider. A robust Risk & Control framework is essential to support this goal through an independent internal control organization.

The Citi Wealth Control organization promotes sustainable growth within risk appetite, ensures compliance with laws and policies, manages risks impacting strategic objectives, oversees public perception, and optimizes controls and monitoring.

We are seeking a high-caliber professional for the role of Assistant Vice President, Business Risk and Control Sr Analyst in Singapore, part of the Global Investment Solution Risk Assessment and Control Design team.

The Citi Wealth business offers comprehensive solutions, including advice, investments, research, and guidance, serving ultra-high-net-worth individuals and family offices through Citi Private Bank, as well as affluent clients via Citigold, Citigold Private Client, and Citi Global Wealth at Work.

Reporting to the Asia Investment Solution Risk Assessment and Control Design Head, the Risk and Control Program Lead will identify and mitigate regulatory risks across end-to-end processes to stay within risk appetite. The role involves collaboration with first and second lines of defense, ensuring adherence to laws, regulations, and internal policies, and working with various teams across Hong Kong and Singapore to manage regulatory risks comprehensively.

Key responsibilities include:

• Control Design Assessment, ARCM Management, and Review for Asia Investment Solution business, covering multiple trading desks and activities.
• Oversight and implementation of MCA standards, supporting business in MCA lifecycle and risk management.
• Producing reports, identifying control issues, and evaluating controls with business stakeholders.
• Engaging with global teams and stakeholders to execute control design, report outcomes, and improve controls based on new activities, process changes, audits, and lessons learned.
• Acting as a point of contact within the team for MCA control design, monitoring, and addressing issues.
• Collaborating on the design of digital monitoring tools and supporting business in addressing outliers and root causes.

Required Qualifications:

• University degree with 6-8 years of experience, including strategic, analytical, and product management skills.
• Good knowledge of investment products.
• 2-3 years of experience in risk, control, audit, or compliance roles.
• Understanding of end-to-end processes in consumer and private banking.
• Experience with governance, risk management, and engaging with second and third lines of defense.
• Familiarity with new product development risk/control mechanisms.
• Ability to operate at both detailed and strategic levels, with strong presentation skills.
• Comfort working independently under time constraints.