TTS Global Sales In Business Operational Risk Head - SVP
Company: Citi
Location: Pinellas Park
Posted on: May 15, 2022
Job Description:
Citi's Treasury and Trade Solutions (TTS), a division of
Citigroup's Institutional Clients Group, offers integrated cash
management and trade services and finance to multinational
corporations, financial institutions and public sector
organizations around the world. TTS has the industry's largest
proprietary network with banking licenses in over 90 countries and
globally integrated technology platforms. The business continues to
lead the way in offering the industry's most comprehensive range of
digitally enabled cash management, payments, receivables, liquidity
management and investment services, working capital solutions,
commercial card programs, and trade finance.The TTS Global Sales
organization is responsible for driving the TTS growth strategy
through client relationship management, generation of incremental
client revenue and profitability, and driving the client experience
agenda. -The Sales organization cover three primary client segments
- 1) Corporate and Public Sector, 2) Financial Institutions, and 3)
eCommerce clients - -Overall objective for this position is to
manage and mitigate operational, compliance and regulatory risks,
and executing risk and control responsibilities across all three
Sales Client Segments as a First Line of Defense function. -The
Sales In Business Operational Risk Head has the responsibility to
work in partnership with all areas in TTS plus functional partners
inclusive of 2nd and 3rd line of defense.
-Responsibilities:Represent the Sales organization on risk and
control matters to maintain oversight over emerging and existing
key risks, issues, control weaknesses, control processes,
corrective actions, control validations, and control enhancement
initiatives.
- Participate in relevant risk and control committees, management
meetings, and forums (e.g. Business Risk, Compliance, and Control
(BRCC) committee, AML BGC, Sanctions meetings, Legal Vehicle
Governance Committees, MCA committees, Operational Risk Metrics
committee etc.) to represent the risk and control aspects for the
global sales group.Risk Identification, Analysis, and Management:
- Work with sales teams to identify, quantify, prioritize, and
report key risks and vulnerabilities and document lessons learned
reports. -
- Provide specialist risk and control advice and guidance.
- Lead and support the root cause analysis of material risk
events and control breaks and establish an effective feedback loop
with country teams and regional/global business and control
management. Support the business in drafting appropriate corrective
and preventive actions plans.
- Assess, evaluate, and validate controls through processes and
tools such as the MCA and Key Risk Indicators (KRIs), and work with
the process owners to develop action plans that remediate the
weaknesses. -
- Support the business in reviewing, maintaining, and enhancing
Permanent Control ReadinessResponsible for the Manager's Control
Assessment (MCA) Program
- Coordinate the overall MCA Quarterly Risk Assessment (QRA) and
Annual Risk Assessment (ARA) processes and activities.
- Perform sampling-based quality assurance on MCA results and
corrective actions arising from identified exceptions. -
- Analyze MCA issues and trends. Work with the business on
implementing appropriate corrective actions and share best
practices.Issue management and Corrective Action Plan (CAP)
Coordination, Monitoring and Escalation
- Assist in the creation of issues/ CAPs in iCAPS as needed,
inclusive of performing quality reviews.
- Track issue and CAP status and progress, and proactively
escalate as appropriate.
- Validate completed CAPs in the iCAPs system prior to validation
by other control and assessment functions such as Internal Audit
and ORMAudits, Franchise Reviews and Regulatory Examination
Management
- Support the Sales Groups on reviews and audits - Deliverables,
interaction with reviewers, reviewing and responding to findings
issued by reviewers. -
- Lead pre-review assessments and post-review
remediation.Coordinate periodic reviews of the Business's processes
and controls, and validate changes as a result of such
reviews.Operational Risk Management Policy & Standards: Support gap
analysis and the implementation of global policy requirements and
regional standards, and on the assessment of legal and regulatory
requirements with Country Legal and Compliance as well as the
development of local proceduresProcess improvement, Governance and
Best Practice implementationThird Party Risk Management Policy
implementation - -Qualifications:
- 10+ years experience in Operational Risk Management, Audit,
Compliance or other control function or financial services
industry
- Experience in an Internal Audit, Risk Management, or Control
Management-related role
- Knowledge of TTS business and products
- Consistently demonstrates clear and concise written and verbal
communication skills
- Ability to manage through influence (e.g. management in the
absence of reporting lines or with matrix reporting)
- Ability to build rapport and work closely with key senior
stakeholders and partners within and outside the business
- Up-to-date understanding of key risk and control concepts,
tools and trends relating to risk identification, rating,
mitigation, and reporting
- Risk-based thinking and analytical mindset
- Strategy and execution skills to prioritize areas of focus
while also driving implementation in a large, global, and matrixed
environment
- Proficient in the use of basic Microsoft applications (Word,
Excel, PowerPoint) -Education:
- Bachelor's/University degree or equivalent experience,
potentially Masters
degree-------------------------------------------------Job Family
Group: Risk
Management-------------------------------------------------Job
Family:Business Risk &
Controls------------------------------------------------------Time
Type:Full
time------------------------------------------------------Citi is
an equal opportunity and affirmative action employer.Qualified
applicants will receive consideration without regard to their race,
color, religion, sex, sexual orientation, gender identity, national
origin, disability, or status as a protected veteran.Citigroup Inc.
and its subsidiaries ("Citi") invite all qualified interested
applicants to apply for career opportunities. If you are a person
with a disability and need a reasonable accommodation to use our
search tools and/or apply for a career opportunity review .View the
"" poster. View the .View the .View the
-----------------------------Effective November 1, 2021, Citi
requires that all successful applicants for positions located in
the United States or Puerto Rico be fully vaccinated against
COVID-19 as a condition of employment and provide proof of such
vaccination prior to commencement of employment.
Keywords: Citi, Pinellas Park , TTS Global Sales In Business Operational Risk Head - SVP, Sales , Pinellas Park, Florida
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