VP -Business Risk & Control(Procurement & Third Party Management)- C13

The P&TPM Risk and Control Officer will lead and manage In-Business Risk & Control activities for the Procurement & TPM organization. Integrates subject matter and industry expertise within risk and controls space to help strengthen the control environment. Developed communication and diplomacy skills are required in order to guide, influence and convince others, in particular colleagues in other areas of the organization.

Responsibilities:

• Support 1st line adherence to 2nd line risk policies, standards, and framework
• Collaborate with business partners to oversee and ensure compliance w/Risk Policies (End-User Computing, Records Mgmt, Business Continuity, etc.)
• Review updates to Citi Policies/Procedures and assess impact to key stakeholders
• Participate in the review and challenge process, within the FLUs, on the effective design and management of controls to mitigate risks as required by the Control Standards, including implementation and operation, conducting the control monitoring, handling deficiencies, and escalating issues for resolution. 
• Actively deals with Operational and Compliance Risk in accordance with established Policy requirements.
• Perform detailed analysis to identify, assess, escalate, and manage risk exposures across Risk Categories (Operational Compliance, Strategic, Reputational, etc), including material, emerging and concentration risks in accordance with enterprise Policies and the establishment of Key Indicators to monitor risk exposures.
• Support Risk Appetite and monitor / assess exposures against this in accordance with enterprise requirements (if applicable).
• Support with the process to identify, assess, record and response to Operational and Compliance Risk events, ensuring these are captured accurately, timely and in accordance with requirements.
• Proactively ensure that adequate governance and training are in place to support management of Risk profiles.
• Deal with the risks associated with New Activities and changes to the Business, ensuring these are well understood and adequately controlled (if applicable).
• Support operational risk scenario analysis and stress testing for Operational Risk Capital requirements.
• Support with risk and control assessments or coordination for programs within various risk stripes and ensure sufficient subject matter expertise exists to enable management of these risks within the Business (e.g. third party, fraud, sanctions etc) (if applicable).
• May be responsible to ensure that risk and control responsibilities and accountabilities are embedded within FLUs, including providing training and leading by example.
• Support with standards and procedures that conform to enterprise requirements and support sound operational and compliance risk management.
• Apply knowledge of the business, products or services to identify and implement control points and processes throughout the business.
• Appropriately assess 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.
• Contribute to the timeliness, accuracy and completeness of the MCA through controls prior to the execution of a process (QC).
• Support with adherence to the MCA Standard through controls after the execution of a process (QA).

Qualifications:

• 10+ years of experience.
• Project management and governance experience with demonstrated ability to achieve and exceed critical milestones.
• Must have Outstanding leadership, communication, and influencing skills as this leader will work with Sr leaders, and audit partners on a regular basis.
• Ability to foster working relationships with other leaders across multiple lines of business and with support organizations, including auditors and regulators.
• Demonstrated judgement and critical thinking skills.

Education:

• Bachelor's/University degree, Master's degree preferred