AVP - Third Party Risk Country Assessor (Hybrid) Chennai

Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments, and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Our core activities are safeguarding assets, lending money, making payments, and accessing the capital markets on behalf of our clients.

Procurement and Third-Party Management (P&TPM) is responsible for procuring products and services for Citigroup and manages the risks associated with Citi’s use of and reliance upon third party relationships, including outsourced arrangements, across all business lines and locations. P&TPM defines and oversees the implementation of policies and standards that provide controls to assess and manage risks related to Citi’s third-party relationships and outsourcing arrangements. The goal of P&TPM is to support Citi’s selection and management of third parties capable of providing products and services in a safe and sound manner and at a reasonable cost and to manage the risks associated with third parties.

Citi is currently seeking a Third Party Management strategic professional who stays abreast of developments within own field and contributes to directional strategy by considering their application in own job and the business.  This role will have a specific focus on Citi’s TPM approaches globally, so to conduct consistent and high quality Global TPM Country Assessments.

By joining Citi, you will become part of a global organization whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.

What you’ll do:

• Deliver our strategic Global TPM Country Assessments as part of our High Performing team.

• Interface with Global stakeholders for compliance to TPM policy and standard and the required cluster/country TPM Governance Framework

• Escalate issues that arise due to the failure to execute TPM Program requirements to the applicable In-Business Risk, Third Party Management Office (TPMO), Business Activity Owner (BAO), and other stakeholders; where appropriate

• Produce/Maintain MI and Issue Tracking through the lifecycle of Global TPM Country Assessments, and be a point-person for our Global TPM Country Assessments where applicable

What we’ll need from you:

• 6-10 years relevant work experience in Business Risk & Controls and Third Party Management

• 5+ years’ experience in financial services.

• Fluent English knowledge, any other language knowledge is an advantage

• Strong MS Excel, MS Access, SAS, SQL, Visual Basic a plus.

• Third party vendor management preferred. 

• Demonstrated ability to lead global team efforts

• Excellent problem-solving skills 

• Ability to see the big pictures with high attention to critical details

• Demonstrated ability to develop and implement strategy and process improvement initiatives.

Education: Bachelor’s/University degree or equivalent experience, potentially Masters degree