SVP, Business Risk and Control Sr. Officer- C14

$130,880 - $196,320/Yr

Citigroup - Jacksonville, FL

Full-time - Senior

Jacksonville, FL

Credit Intermediation and Related Activities

About the position

The SVP, Business Risk and Control Sr. Officer is responsible for managing complex and critical areas within the Business Risk and Control Group. This role requires a comprehensive understanding of Operational and Compliance Risk Management, particularly the Manager Control Assessment (MCA) methodology. The officer will oversee the delivery of services across various business units, ensuring effective risk management and compliance with established policies. The position involves full management responsibility for teams, including performance evaluation, budget management, and strategic planning.

Responsibilities

• Guide and influence governance and facilitate the execution of the Manager Control Assessment (MCA).
• Ensure the quality, completeness, and accuracy of the Control Framework implementation, specifically the MCA Control Inventory.
• Manage resources for identifying issue root causes and partner with control and process owners for corrective actions.
• Collaborate with teams to implement the MCA and monitor control breaches for process improvement.
• Support review and challenge on the effective design and management of controls to mitigate risks as per Control Standards.
• Direct teams on the timeliness, accuracy, and completeness of the MCA through controls prior to process execution.
• Assess adherence to the MCA Standard through controls after process execution.
• Exercise control over Operational and Compliance Risk in accordance with established Policy requirements.
• Allocate resources to identify, assess, escalate, and manage risk exposures across various Risk Categories.
• Assess Risk Appetite and monitor exposures against it as per enterprise requirements.
• Take ownership of identifying, assessing, recording, and responding to Operational and Compliance Risk events.
• Ensure adequate governance and training are in place to support management of Risk profiles.
• Assess risks associated with New Activities and changes to the Business.
• Support operational risk scenario analysis and stress testing for Operational Risk Capital requirements.
• Ensure risk and control responsibilities are embedded within FLUs and provide training.
• Guide and influence standards and procedures that conform to enterprise requirements.
• Apply business knowledge to identify and implement control points and processes throughout the business.
• Assess risk in business decisions, ensuring compliance with laws and regulations.

Requirements

• 8+ years of experience within Business Risk and Control.
• 5+ years MCA controls experience.
• 5+ years experience with Operational Risk and Control/Risk and control framework (RCSA Framework).
• 5+ years with CRC and MCA Center.
• 5+ years experience with Data Analytics.
• 3+ years experience with Tableau.
• Influence and persuasion experience.
• Previous Management/Lead experience.
• Excellent communication skills for internal negotiations at a senior level.

Nice-to-haves

• Flexibility to adapt to change quickly.

Benefits

• Medical, dental & vision coverage
• 401(k)
• Life, accident, and disability insurance
• Wellness programs
• Paid time off packages including vacation, sick leave, and paid holidays