At a Glance
- Tasks: Lead innovative projects to enhance controls and manage operational risks.
- Company: Join Citi, a leading financial services firm with a dynamic culture.
- Benefits: Enjoy generous holidays, private medical insurance, and a competitive salary.
- Other info: Flexible hybrid working model and extensive learning resources for career growth.
- Why this job: Make a real impact by improving processes and driving compliance in a global company.
- Qualifications: 6-10 years in risk management or compliance; strong analytical and communication skills.
The predicted salary is between 60000 - 80000 £ per year.
Individuals in Assessment & Design are responsible for developing, designing, and implementing controls programs, and providing review and guidance on robust controls design adhering to Citi’s Policies, Standards, and Frameworks. Individuals proactively identify and drive controls enhancements such as automation, standardization and rationalization including transformation execution activities. This includes first line activities for identification, measurement (significance and likelihood), and ongoing assessment of key risks and controls in partnership with relevant process owners to drive management decisions to operate within the firm’s Risk Appetite.
Responsibilities:
- Manages, plans and conducts a broad range of deliverables for projects.
- Manages and executes strategic design and process improvement projects across the enterprise.
- Leads cross-functional projects, ensuring alignment between solutions and business objectives through effective communication.
- Supports the design and development of Citi's comprehensive controls program.
- Supports assessment of the effectiveness of existing controls, identifying areas for improvement, and helping to implement necessary changes.
- Continually drives and manages controls enhancements focused on increasing efficiency and reducing risk.
- Helps coordinate with key stakeholders and relevant process owners to drive management decisions aimed at maintaining operations within the firm’s Risk Appetite.
- Supports the assessment for the business/function risk appetite in line with changes in the business environment, regulatory requirements, and strategic objectives.
- Helps collaborate with key stakeholders to assess potential risks and develop risk mitigation activities to define the acceptable level of risk across various areas of operation.
- Helps to drive execution of Enterprise Risk Management Framework and adherence with Risk Management / Compliance Policies.
- Helps collaborate with business and functions to understand the control processes and identify potential areas for improvement.
- Stays updated on regulatory changes and industry best practices related to control management and ensures the controls program aligns with these standards.
- Supports providing regular updates to senior management on the performance of the controls assessment and design.
- Appropriately assesses 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.
- Effectively supervises the activity of teams and creates accountability with those who fail to maintain these standards.
Qualifications:
- Minimum of 6-10 years of experience in operational risk management, compliance, audit, or other control-related functions in the financial services industry.
- Ability to identify, measure, and manage key risks and controls.
- Strong knowledge in the development and execution for controls.
- Proven experience in control related functions in the financial industry.
- Proven experience in implementing sustainable solutions and improving processes.
- Understanding of compliance laws, rules, regulations, and best practices.
- Understanding of Citi’s Policies, Standards, and Procedures.
- Strong analytical skills to evaluate complex risk and control activities and processes.
- Strong verbal and written communication skills, with a demonstrated ability to engage at the senior management level.
- Strong problem-solving and decision-making skills.
- Ability to manage multiple tasks and priorities.
- Proficiency in Microsoft Office suite, particularly Excel, PowerPoint, and Word.
- Bachelor's/University degree, Master's degree preferred.
By joining Citi London, 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.
Benefits:
- Generous holiday allowance starting at 27 days plus bank holidays; increasing with tenure.
- A discretionary 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.
Equal Employment Opportunity Statement: Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.
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 Accessibility at Citi. View Citi’s EEO Policy Statement and the Know Your Rights poster.
Assessment & Design Manager in London employer: Citi
Citi London is an exceptional employer that fosters a dynamic and inclusive work environment, offering a hybrid working model that promotes work-life balance. With a competitive salary structure, generous holiday allowance, and extensive benefits including private medical insurance and a robust employee assistance programme, Citi prioritises the well-being and professional growth of its employees. The company also provides ample opportunities for learning and development, ensuring that team members can thrive in their careers while contributing to meaningful projects that enhance operational risk management.
StudySmarter Expert Advice🤫
We think this is how you could land Assessment & Design Manager in London
✨Tip Number 1
Network like a pro! Reach out to folks in your industry, especially those at Citi. A friendly chat can open doors and give you insights that a job description just can't.
✨Tip Number 2
Prepare for interviews by practising common questions related to risk management and controls. We all know the drill – the more you rehearse, the more confident you'll feel when it’s showtime!
✨Tip Number 3
Showcase your problem-solving skills during interviews. Share specific examples of how you've tackled challenges in the past, especially in operational risk or compliance. It’s all about demonstrating your value!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, you’ll find loads of resources to help you along the way.
We think you need these skills to ace Assessment & Design Manager in London
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience in operational risk management and compliance. We want to see how your skills align with the responsibilities outlined in the job description.
Showcase Your Achievements:Don’t just list your duties; share specific examples of how you've improved processes or implemented controls in previous roles. We love seeing quantifiable results that demonstrate your impact!
Be Clear and Concise:When writing your application, keep it straightforward and to the point. Use clear language to convey your ideas, as strong communication skills are key for this role. We appreciate a well-structured application!
Apply Through Our Website:We encourage you to submit your application directly through our website. It’s the best way to ensure your application gets into the right hands and shows your enthusiasm for joining our team!
How to prepare for a job interview at Citi
✨Know Your Controls Inside Out
Make sure you have a solid understanding of Citi’s Policies, Standards, and Frameworks. Familiarise yourself with the key controls and risk management processes relevant to the role. This will not only help you answer questions confidently but also demonstrate your commitment to compliance and operational excellence.
✨Showcase Your Project Management Skills
Be prepared to discuss your experience managing cross-functional projects. Highlight specific examples where you've successfully led initiatives that align with business objectives. Use the STAR method (Situation, Task, Action, Result) to structure your responses and make them impactful.
✨Stay Updated on Industry Trends
Research recent regulatory changes and industry best practices related to control management. Being knowledgeable about current trends will show that you’re proactive and can adapt to the evolving landscape, which is crucial for the Assessment & Design Manager role.
✨Prepare Thoughtful Questions
At the end of the interview, have a few insightful questions ready to ask your interviewers. This could be about their approach to risk appetite or how they measure the effectiveness of existing controls. It shows your genuine interest in the role and helps you assess if the company is the right fit for you.
