At a Glance
- Tasks: Lead innovative projects to enhance controls and manage risks in a dynamic environment.
- Company: Join Citi, a global leader in financial services with a focus on community impact.
- Benefits: Enjoy a competitive salary, generous holiday allowance, and hybrid working model.
- Other info: Be part of a culture that values diversity and empowers you to thrive.
- Why this job: Make a real difference by driving compliance and improving processes in a supportive team.
- Qualifications: 6-10 years in risk management or compliance; strong analytical and communication skills required.
The predicted salary is between 70000 - 90000 £ 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. 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.
- Lead cross-functional projects, ensuring alignment between solutions and business objectives through effective communication.
- Support the design and development of Citi's comprehensive controls program.
- Support assessment of the effectiveness of existing controls, identifying areas for improvement, and helping to implement necessary changes.
- Continually drive and manage controls enhancements focused on increasing efficiency and reducing risk.
- Help coordinate with key stakeholders and relevant process owners to drive management decisions aimed at maintaining operations within the firm's Risk Appetite.
- Support the assessment for the business/function risk appetite in line with changes in the business environment, regulatory requirements, and strategic objectives.
- Help 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.
- Help to drive execution of Enterprise Risk Management Framework and adherence with Risk Mgmt. / Compliance Policies.
- Help collaborate with business and functions to understand the control processes and identify potential areas for improvement.
- Stay updated on regulatory changes and industry best practices related to control management and ensure the controls program aligns with these standards.
- Support providing regular updates to senior management on the performance of the controls assessment and design.
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.
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.
Benefits
- 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.
Hybrid Controls Design & Risk Manager in City of Westminster employer: Citigroup, Inc.
Citi London is an exceptional employer that prioritises the well-being and growth of its employees, offering a hybrid working model and a competitive salary package. With generous holiday allowances, private medical insurance, and extensive learning resources, Citi fosters a supportive work culture where individuals can thrive while making a positive impact on the community. The company is dedicated to inclusivity, ensuring that every employee feels valued and empowered to bring their authentic selves to work.
StudySmarter Expert Advice🤫
We think this is how you could land Hybrid Controls Design & Risk Manager in City of Westminster
✨Tip Number 1
Network like a pro! Reach out to folks in your industry on LinkedIn or at events. A friendly chat can open doors that a CV just can't.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Tailor your answers to show how you fit into their vision and values.
✨Tip Number 3
Practice makes perfect! Do mock interviews with friends or use online platforms to get comfortable with common questions and scenarios.
✨Tip Number 4
Don’t forget to follow up after interviews! A quick thank-you email can leave a lasting impression and keep you top of mind.
We think you need these skills to ace Hybrid Controls Design & Risk Manager in City of Westminster
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 controls design. 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 successful controls in your 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 and avoid jargon where possible. We appreciate a well-structured application that’s easy to read.
Apply Through Our Website:We encourage you to submit your application directly through our website. It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at Citigroup, Inc.
✨Know Your Controls Inside Out
Make sure you have a solid understanding of controls design and risk management principles. Familiarise yourself with Citi's Policies, Standards, and Frameworks, as well as recent regulatory changes. This will help you demonstrate your expertise and show that you're proactive about staying updated.
✨Showcase Your Project Management Skills
Be prepared to discuss your experience managing cross-functional projects. Highlight specific examples where you've successfully aligned solutions with business objectives. Use the STAR method (Situation, Task, Action, Result) to structure your responses and make them impactful.
✨Engage with Stakeholders
Illustrate your ability to collaborate with key stakeholders by sharing examples of how you've driven management decisions in the past. Emphasise your communication skills and how you've effectively engaged with senior management to assess risks and implement improvements.
✨Demonstrate Analytical Thinking
Prepare to showcase your analytical skills by discussing complex risk and control activities you've evaluated. Bring examples of how you've identified areas for improvement and implemented sustainable solutions. This will highlight your problem-solving abilities and decision-making skills.
