At a Glance
- Tasks: Lead operational risk management and develop strategies to minimise losses and enhance financial stability.
- Company: Join Citi, a global financial institution dedicated to responsible financial services and client growth.
- Benefits: Enjoy hybrid working, generous holidays, private medical insurance, and a supportive workplace culture.
- Why this job: Be part of a dynamic team that drives innovation and ethical practices in risk management.
- Qualifications: Experience in risk assessments, compliance, and strong communication skills are essential.
- Other info: Citi values diversity and offers a culture 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 to Citi's Risk Management 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
Individuals in Operational Risk establish and manage operational risk policies, propose strategies, and governance processes designed to minimize losses from inadequate controls, fraud, and potential bankruptcy. This includes supervision over technology operational risk, cyber risk, and fraud risk. These individuals are also responsible for the development of tools and infrastructure that support fraud monitoring and prevention, using advanced analytical and statistical skills to identify policy gaps and recommend changes to current policies. This role is crucial to the company as it fortifies against potential operational risks, thereby protecting the company's financial stability and reputation, and contributing towards the overall business resilience and success.
What you'll do
- Establish policies, standards, and procedures to ensure consistency and alignment of operational risk management across the organization.
- Influence and guide businesses in risk-related decision-making, ensuring the integration of risk management into business planning and daily operations.
- Oversee the development and implementation of risk monitoring programs, including the creation of key risk indicators (KRIs) and dashboards to track operational risk exposure.
- Drive by example, a culture of look across ORM (business, L1 Risk SME and cluster teams) to elevate risks identified and elicit insights from work performed.
- Lead the reporting and presentation of operational risk status, trends, and key developments to the board, regulators, and other key stakeholders.
- Support internal and external audits and regulatory examinations, as applicable.
- Create a highly resilient organization in which people persist through challenges and transparently communicate and own mistakes.
- Foster a culture that rewards teams to pursue breakthrough ideas and improve business results.
- Align critical priorities across businesses, functions, and regions; eliminates nonessential work that could distract the organization from executing key priorities.
- Proactively solve systemic enterprise challenges by investing time and resources to gather cross-enterprise data.
- Energize an ethical environment where doing the right thing for clients and Citi is expected in every decision and action.
What we'll need from you
- Proven experience managing complex risk assessments, designing risk mitigation strategies, and overseeing compliance with operational risk frameworks.
- Robust understanding of operational risk management frameworks, industry standards, regulatory requirements, and risk mitigation practices.
- Bachelor's/University degree, Master's degree preferred.
- Demonstrated track record of effectively assessing and managing competing priorities.
- Outstanding communication skills, with the ability to present complex risk matters clearly and persuasively.
- Effective negotiation skills, a proactive and 'no surprises' approach in communicating issues.
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.
Senior Manager - Citi employer: Citi
Contact Detail:
Citi Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Manager - Citi
✨Tip Number 1
Familiarise yourself with Citi's operational risk management frameworks and industry standards. Understanding their specific policies and procedures will not only help you in interviews but also demonstrate your commitment to aligning with their organisational goals.
✨Tip Number 2
Network with current or former employees of Citi, especially those in the Risk Management Team. Engaging in conversations can provide you with insider knowledge about the company culture and expectations, which can be invaluable during the interview process.
✨Tip Number 3
Prepare to discuss real-world examples of how you've managed complex risk assessments and implemented risk mitigation strategies. Being able to articulate your past experiences clearly will showcase your expertise and fit for the role.
✨Tip Number 4
Stay updated on the latest regulatory changes and trends in operational risk management. Demonstrating your knowledge of current events in the financial sector can set you apart as a candidate who is proactive and well-informed.
We think you need these skills to ace Senior Manager - Citi
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in operational risk management. Use specific examples that demonstrate your ability to manage complex risk assessments and design effective mitigation strategies.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role at Citi and explain how your skills align with their mission. Mention your understanding of operational risk frameworks and your experience in influencing risk-related decision-making.
Highlight Key Skills: Emphasise your outstanding communication skills and analytical problem-solving abilities. Provide examples of how you've effectively presented complex risk matters to senior management and influenced change within an organisation.
Showcase Cultural Fit: Citi values a culture of ethical behaviour and innovation. In your application, illustrate how you embody these values by sharing experiences where you've fostered a positive team environment or championed innovative solutions to risk management challenges.
How to prepare for a job interview at Citi
✨Understand Operational Risk Management
Make sure you have a solid grasp of operational risk management frameworks and practices. Be prepared to discuss how these frameworks apply to Citi's operations and how you can contribute to enhancing them.
✨Showcase Your Analytical Skills
Citi values strong analytical problem-solving abilities. Be ready to provide examples of how you've used data analysis to identify risks and implement effective mitigation strategies in your previous roles.
✨Communicate Clearly and Confidently
Outstanding communication skills are crucial for this role. Practice presenting complex risk matters clearly and persuasively, as you will need to convey important information to senior management and stakeholders.
✨Demonstrate Leadership and Influence
Highlight your experience in leading teams and influencing decision-making across diverse cultures. Share specific instances where you've successfully guided businesses in risk-related decisions and fostered a culture of transparency and accountability.