Data Risk Officer, Risk Appetite Planning, Metrics and Analysis - Vice President

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Overview

Operational Risk Management (ORM) is an enterprise-level independent risk management function responsible for enterprise-wide oversight and aggregation of operational risk. Its mandate covers all business lines spanning all geographies. The ORM function oversees the design and implementation of the non-financial risk management framework. Key objectives of the data risk management framework include:

• Operating model, staffing, and culture
• Operational risk appetite
• Control objectives and standards
• Operational risk and control assessments and reporting
• Strategic decision-making
• The effective execution of Citis Enterprise Data transformation.

Role Responsibilities

• Support the primary oversight of the firms Data Risk Appetite, including assessment of factors of risk, monitoring "path-to-green" efforts, and managing metrics that measure risk and associated analysis.
• Work collaboratively with 1LOD teams to support the definition of clear "path-to-green" strategies and assist in driving the execution of agreed plans.
• Contribute to identifying and executing independent second-line risk assessments, in coordination with ORM teams where needed, to meet internal commitments leveraging the hub-and-spoke model.
• Participate in internal knowledge sharing initiatives related to Data Risk Appetite efforts.
• Help ensure that this multidisciplinary and cross-cutting risk area is well understood and that the implications of firm-wide remediation efforts are understood in terms of "path-to-green" efforts.
• Assist in the negotiation and remediation of identified risk and control concerns.
• Prepare materials for escalation of significant or unaddressed risk issues and control environment concerns to appropriate governance forums and Risk leadership.
• Support the primary interface to key stakeholders such as regulators, senior management, and the Board regarding 2LOD assessment point of view for the Risk Category.
• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firms 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, as well as effectively supervising the activity of teams and creating accountability with those who fail to maintain these standards.

Qualifications

• 5-7 years of direct experience in a non-financial risk, data, technology or reporting risk function within a financial services organization.
• Experience assessing risk appetite for non-financial risks aligned with regulatory expectations and proficiency in risk assessment principles and supervisory expectations.
• Demonstrable understanding of Data Management fundamentals including data architecture, data principles and deep appreciation of intersectionality with enterprise technology and systems architecture.
• Strong technical problem-solving and analytical skills to design and execute risk and control assessments, identify conflicts and discrepancies, and contribute to solving them, with deep expertise with risk metrics, designing and delivering metrics.
• Well-developed listening skills and strong ability to communicate and engage effectively, both orally and in writing, and ability to constructively challenge others at all levels.
• Continuous improvement mindset to solve for root causes, assess impact of actions and adjust as needed; simplify and standardize at every opportunity.
• Well-versed in executing risk management monitoring routines, tracking identification to resolution, applying operational risk management frameworks in a global organization.
• Bachelors degree in Computer Science, Data Science, Information Technology, Business or a related field.

Benefits

• Private Medical Care Program
• Life Insurance Program
• Pension Plan contribution (PPE Program)
• Employee Assistance Program
• Paid Parental Leave Program (maternity and paternity leave)
• Sport Card
• Holidays Allowance
• Sport and team recreation activities
• Special offers and discounts for employees
• Access to an array of learning and development resources
• A discretional annual performance related bonus
• A chance to make a difference with various affinity networks and charity initiatives.

Equal Opportunity & EEO

Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status or any other characteristic protected by law.

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