At a Glance
- Tasks: Join Citi's Markets Conduct team to manage risk and ensure compliance in a dynamic environment.
- Company: Citi is a global financial institution focused on responsible growth and economic progress.
- Benefits: Enjoy hybrid working, generous holidays, private medical insurance, and a competitive salary.
- Why this job: Be part of a supportive culture that values your contributions and promotes personal growth.
- Qualifications: Experience in risk management or compliance, strong analytical skills, and proficiency in Microsoft Office required.
- Other info: Citi fosters an inclusive workplace where everyone can thrive and be their authentic selves.
The predicted salary is between 43200 - 72000 £ per year.
Are you looking for a career move that will put you at the heart of a global financial institution? Then bring your skills in risk, governance and problem solving to Citi's Markets Conduct Financial Crime & Regulatory Risk Team. By joining Citi, you will become part of a global organisation whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.
Team/Role Overview
This is a global role part of the Customer Protection & Market Practices First Line of Defence Risk Team. The Customer Protection & Market Practices Risk AVP will collaborate extensively with stakeholders across all three lines of defence, working closely with the global Customer Protection & Market Practices Risk team to manage a dynamic and diverse portfolio of risk exposures. This role requires a highly motivated individual with strong analytical skills, a deep understanding of risk and control principles, and exceptional communication abilities as will have direct exposure/involvement to the 3 different teams within Customer Protection & Market Practices Risk.
What you'll do
- Disclosures & Disclaimer Management
- Support the development of a framework for the ongoing management of client disclosures and disclaimers, ensuring accuracy, completeness, and compliance with regulatory requirements.
- Implement corrective action steps related to the structured communications project to address identified gaps.
- Collaborate across multiple stakeholders in Markets and across the Clusters to ensure consistent and effective client communication strategies.
- Risk Assessment
- Evaluate existing Customer Protection & Market Practices-related policies and procedures, identifying discrepancies and recommending improvements to align with current control frameworks.
- Executing improvements in the risk assessment framework with a data driven approach to reach the target state.
- Conduct deep-dive analyses of emerging risks and control gaps within market practices and customer protection, proposing innovative solutions to mitigate these risks.
- Participate in Continuous Risk Monitoring and support Annual Risk Assessment requirements.
- Governance
- Present to senior management, providing regular updates on key risk indicators and control effectiveness.
- Participate in ad-hoc projects and initiatives related to Customer Protection & Market Practices risk management as assigned by senior management.
- Maintain up-to-date knowledge of relevant regulations and industry best practices, ensuring Customer Protection & Market Practices Risk activities remain compliant.
What we'll need from you
- Experience in risk management, compliance, or a related field, with a focus on market practices or customer protection.
- Demonstrate an understanding of risk and control principles, including risk assessments, controls design assessments, controls operating effectiveness, and reporting activities.
- Strong analytical and problem-solving skills, with the ability to analyze complex data sets and identify key trends and patterns.
- Good communication, presentation, and facilitation skills, with the ability to articulate complex concepts clearly and concisely.
- Ability to build strong relationships and influence stakeholders at all levels of the organization.
- Strong work ethic, personal initiative, and a high degree of professionalism.
- Proficiency in Microsoft Office suite, especially Excel and PowerPoint, with experience in data analysis and visualization tools.
What we can offer you
We work hard to have a positive financial and social impact on the communities we serve. In turn, we put our employees first and provide the best-in-class benefits they need to be well, live well and save well. By joining Citi Belfast, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed), and enjoy a whole host of additional benefits such as:
- Generous holiday allowance starting at 27 days plus bank holidays; increasing with tenure.
- A discretional annual performance related bonus.
- Private medical insurance packages to suit your personal circumstances.
- Employee Assistance Program.
- Pension Plan.
- Paid Parental Leave.
- Special discounts for employees, family, and friends.
- Access to an array of learning and development resources.
Alongside these benefits, Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day. We want the best talent around the world to be energized to join us, motivated to stay, and empowered to thrive.
Sounds like Citi has everything you need? Then apply to discover the true extent of your capabilities.
Contact Detail:
Citi Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Associate VP (Risk Management) - Citi
✨Tip Number 1
Familiarise yourself with Citi's risk management framework and recent regulatory changes. This knowledge will not only help you understand the role better but also allow you to engage in meaningful conversations during interviews.
✨Tip Number 2
Network with current or former employees of Citi, especially those in risk management roles. They can provide valuable insights into the company culture and expectations, which can be a game-changer in your application process.
✨Tip Number 3
Prepare to discuss specific examples of how you've identified and mitigated risks in previous roles. Being able to articulate your experience with real-world scenarios will demonstrate your capability and fit for the position.
✨Tip Number 4
Stay updated on industry trends related to customer protection and market practices. Showing that you're informed about the latest developments will highlight your commitment to the field and make you stand out as a candidate.
We think you need these skills to ace Associate VP (Risk Management) - Citi
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in risk management, compliance, and customer protection. Use specific examples that demonstrate your analytical skills and understanding of risk principles.
Craft a Compelling Cover Letter: Write a cover letter that clearly articulates your motivation for applying to Citi and how your skills align with the role. Mention your ability to collaborate with stakeholders and your experience in managing risk assessments.
Showcase Analytical Skills: In your application, provide examples of how you've used data analysis to identify trends or mitigate risks in previous roles. This will demonstrate your strong analytical and problem-solving abilities.
Highlight Communication Skills: Emphasise your communication and presentation skills in your application. Provide instances where you successfully communicated complex concepts to various stakeholders, as this is crucial for the role at Citi.
How to prepare for a job interview at Citi
✨Understand the Role and Responsibilities
Before the interview, make sure you thoroughly understand the job description and the key responsibilities of the Associate VP in Risk Management. Familiarise yourself with risk management principles, especially those related to customer protection and market practices, as this will help you answer questions more effectively.
✨Prepare for Analytical Questions
Given the emphasis on strong analytical skills in the role, be ready to discuss your experience with data analysis and problem-solving. Prepare examples of how you've identified trends or gaps in previous roles and the innovative solutions you proposed to mitigate risks.
✨Showcase Your Communication Skills
As the role requires exceptional communication abilities, practice articulating complex concepts clearly and concisely. You might be asked to present a scenario or explain a risk assessment process, so ensure you can convey your thoughts in an organised manner.
✨Demonstrate Stakeholder Engagement
The ability to build strong relationships and influence stakeholders is crucial. Prepare examples of how you've successfully collaborated with different teams or departments in the past, highlighting your interpersonal skills and ability to navigate complex organisational structures.