Regulatory Risk Officer

28 Dec, 2020

Jobs

Regulatory Risk Officer

Citi
Getzville, NY

The Regulatory Risk Officer is a strategic professional who stays abreast of developments within own field and contributes to directional strategy by considering their application in own job and the business. Recognized technical authority for an area within the business. Requires banking awareness. There are typically multiple people within the business that provide the same level of subject matter expertise. Developed communication and diplomacy skills are required in order to guide, influence and convince others, in particular colleagues in other areas and occasional external customers. Significant impact on the area through complex deliverables. Provides advice and counsel related to the technology or operations of the business. Work impacts an entire area, which eventually affects the overall performance and effectiveness of the sub-function/job family.

Responsibilities:

  • Responsible for supporting critical Regulatory Initiatives as a Program/Project manager
  • Provides risk strategic analytics and information management across Citibank products; facilitating data-quality and controls for other teams and managers.
  • Provides regulatory risk project management support (business requirements, analysis and testing) for delivery of regulatory solutions.
  • Performs business analysis to respond to regulatory and business questions and provides end to end governance of delivery
  • Partners with Clients to understand and quickly respond to Client needs. Proactively seeks Client feedback to influence change throughout organization.
  • Assist Initiative manager and manage end of end delivery of program deliverables
  • Work with business users to gather business requirements and draft and co-ordinate approval for Business Requirement Documents (BRD).
  • Manage User Acceptance Testing and also perform testing
  • Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm’s reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.

Qualifications:

  • 6-10 years experience in program/project management and operational risk management framework.
  • Should have Excellent proficiency in Microsoft Office – particularly Excel (metrics and data analysis), PowerPoint (presentation decks), and Word (writing and editing procedural and technical documentation) and MS Project
  • Thorough knowledge of Operational Risk management systems, and end reporting/ warehousing as well as Governance, Risk & Compliance knowledge.
  • Demonstrate financial and risk reporting knowledge as well as experience from the business and/or technical area desired.
  • Project management knowledge and experience working with diverse group of stakeholders to achieve milestones and deadlines and capability to handle multiple projects at one time.
  • Proven relationship management skills with ability to deepen relationships and build partnerships across the business, executive leadership and key functional support areas like Government Affairs, Communications, Legal, Compliance, Control, in-business Risk and Independent Risk.
  • Good knowledge of Citi products, risk processes and controls with good understanding of regulatory requirements and risk management framework.
  • Experience in compiling process and data quality metrics, analyzing results to clearly communicate data-driven analysis to senior management.
  • Proficient in MS Office applications (Excel, Word, PowerPoint)
  • Proficient in MS Project, PMP Preferred

Education:

  • Bachelor’s/University degree, Master’s degree preferred

This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.

Learn more here

Job posted: 2020-12-28