TTS - Platform & Data Services (PDS) Controls - Asia, Australia and Japan Clusters - SVP

eFinancialCareers; Singapore; On-site; SGD 150,000 - 250,000; Full time

Job summary

A prominent financial services organization is seeking a PDS Controls SVP to drive operational risk management across Asia. This role encompasses oversight of controls, regulatory compliance, and risk assessment. Candidates should possess a strong background in operational risk with excellent communication and relationship-building capabilities.

Qualifications

• Approximately 10 years in operational risk, audit, compliance, or control functions.
• Knowledge of digital products and third-party risk models.
• Ability to work independently and coordinate globally.

Responsibilities

• Maintain a robust Manager's Control Assessment (MCA) in compliance with policies.
• Assess risks in business decisions while ensuring compliance with laws and standards.
• Coordinate regional and global projects, ensuring timely responses to audits.

Skills

Communication

Diplomacy

Commercial Awareness

Education

Bachelor's degree

Master's degree

Job description

The role will be responsible for managing Platform and Data Services (PDS) operational risk and control activities across multiple clusters within Asia (Asia North & Australia and Asia South and Japan Clusters). This involves working closely with product teams and senior management to monitor, maintain, and enhance the risk and control framework.

Excellent communication skills are required to negotiate internally, often at a senior level. Strong commercial awareness is essential.

Well-developed diplomacy skills are necessary to guide, influence, and convince colleagues in other areas and occasionally external customers.

This role collaborates with the global Controls & Regulatory Management (CRM) team as part of a holistic approach within Treasury & Trade Solutions (TTS).

The PDS Controls SVP is a strategic professional who follows latest trends in the field and adapts them for application within their role and the business. Typically, a small team provides this level of expertise.

Excellent communication skills are required to negotiate at senior levels and influence others, including external stakeholders.

The role is accountable for significant business results or authoritative advice regarding operations, with responsibility over technical strategy.

Responsibilities

1. Assist the PDS business in key policy adherence and monitoring.
2. Keep management informed of the risk and control environment through ongoing communication and participation in Risk Control Forums.
3. Maintain a robust Manager's Control Assessment (MCA) in compliance with Citi policies.
4. Ensure adherence to operational risk policies, including loss approvals and reporting.
5. Maintain a sound control environment, including information security policies.
6. Coordinate regional and global projects.
7. Facilitate audits and ensure timely responses to requests.
8. Assess risks in business decisions, ensuring compliance with laws, policies, and ethical standards.

Specific Responsibilities

• Manage regulatory change impacts.
• Oversee issues and action plans.
• Coordinate Risk & Control Forums and support MCA activities.
• Review Product Approval Program renewals.
• Oversee third-party vendors and records management.
• Review EUC and model risks and incidents.
• Monitor Financial Crime escalations.

Qualifications

• Approximately 10 years in operational risk, audit, compliance, or control functions.
• Knowledge of digital products and third-party risk models.
• Strong communication and influencing skills.
• Ability to work independently and coordinate globally.
• Build strong relationships with product teams, second line, and audit.

Education

Bachelor's degree or equivalent; Master's preferred.

Role focuses on regulatory change management, oversight, MCA support, vendor oversight, incident tracking, and escalation of AML and financial crime issues.