company and was built to create a highly diversified financial services company
that could act as one to deliver solutions to clients throughout the world.
With the most diverse array of products and the greatest distribution capacity
of any financial firm in the world, our employees manage 200 million customer
accounts across six continents in more than 100 countries.
Citi is recruiting to fill the position of:
JOB POSITION: ENTERPRISE RISK MANAGEMENT (ERM) – RISK OFFICER
LOCATION: EMEA-NGA-LA-Lagos
REF: 13027386
KEY RESPONSIBILITIES:
-Conduct BRCC (Business Risk, Compliance, and Control Committee) as required by
governance policy guidelines
-Participate in Proactive Integration Reviews across the Africa Division.
-Participate in the Africa Enhanced Control Framework initiative.
-Assist the Cluster Head with the implementation of the Fraud Management
Programme within the region
-Monitor changes in the operational environment (in Citi’s strategy, in our
operational and technology capabilities)proactively and oversee appropriate
modifications/enhancements to the control environment that arise from those
changes.
-Work with Operational Risk Management (ORM) to determine resource key areas
that require focus. -Assist local management in properly highlighting inherent
risks and associated key controls related to country Prioritization / re
optimization projects.
-Travel within Nigeria and across Africa on a periodic basis as designated by
the Division.
-Conduct Infrastructure Risk Reviews to assess control environments, identify
vulnerabilities, develop solutions and oversee implementation of enhancements.
-Track open issues / corrective action plans and independently validate issue
closures.
-Partner with controls design specialists to oversee implementation of Points
of Control standards.
-Work with Operational Risk Management and business management to remediate
inconsistencies as required.
-Provide country specific insights when required.
-Partner with relevant business and control groups to ensure their best
practices conform to country’s operating standards and/or regulatory
requirements. Provide input into Compliance Control Matrix in this
regard.
-Coordinate with the cluster/region in providing information on control
environment, implement control related initiatives initiated at region and
cluster level
-Identify emerging risks for the Citi Franchise.
-Administer the Manager’s Control Assessment (MCA) process.
-Facilitate the MCA process for all MCA entities in the Country. Oversee the
facilitation of the MCAs for all other entities in the region. Track the MCAs,
corrective action plans, and other required follow-up through the Citi Risk
system.
JOB DESCRIPTION
The ERM Risk Officer will report directly into the ERM Nigeria Head. Be
responsible for the provision of control advisory support, assisting the Head
conduct the relevant Governance meetings, execution of the Control Framework
and assisting in ERM activities within the wider Africa Division.
JOB BACKGROUND / CONTEXT:
Enterprise Risk Management (ERM) is part of the Franchise Risk and Strategy organization.
Comprised of a few hundred employees globally. ERM was created to proactively
assist the businesses, O&T, and the independent control groups in enhancing
the effectiveness of controls, managing operational risks across products,
business lines and regions.
SKILLS:
Strong interpersonal skills
Strong written and oral communication skills
Unwavering commitment to co-operative and collaborative working
Strong Excel and presentation skills.
Strong analytical abilities Significant attention to detail
Strategic and goal-oriented focus
QUALIFICATIONS
A good University degree
An MBA will be an added advantage.
Exceptional candidates who do not meet these criteria may be considered for the
role provided they have the necessary skills and experience.
KNOWLEDGE/EXPERIENCE:
-Familiarity with corporate and investment banking
-Strong experience in operational / product control.
-Minimum of 10 years post qualification experience of which a minimum of 7
years must be in Risk, Compliance or Controls, preferably in an
international financial institution.
-A thorough knowledge of multiple control environments.
CLICK LINK TO APPLY
https://citi.taleo.net/careersection/2/jobdetail.ftl?job=13027386&lang=en
