Markets - Control Assessment Lead - C14 - SINGAPORE

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Shape your Career with Citi
Citi’s
Markets
business provides world-class solutions and an unmatched global presence. We serve corporates, institutional investors and governments from trading floors in almost 80 countries. The strength of our underwriting, sales and trading and distribution capabilities span asset classes and currencies, providing us with an unmatched ability to meet the needs of our clients.
We’re currently looking for a high caliber professional to join our team as
Senior Vice President (SVP), Control Assessment Lead,
based in
Singapore . This position reports to the Markets Control Assessment & Testing Head, within the COO’s Controls Testing Utility. It is a strategic- and execution-oriented management position that is accountable for operational controls performance assessment and assurance for Markets controls as well as monitoring and testing tools. This includes the design and execution of control assessment processes, results reporting, and insight sharing related to the above scope of controls assurance activities. The role is focused on Markets controls to manage Compliance and Operational Risks but will operate as part of a team responsible for control assessment and assurance of all other Markets controls and controls owned by the Markets business segment.
The
Markets – Compliance Risk Control Assessment Lead
directs a team of approximately six controls testing professionals responsible for supporting the above responsibilities. Excellent management and communication skills are required to negotiate internally, frequently with Business and COO stakeholders. Strong communication and diplomacy skills are required to guide, influence, and convince others, particularly colleagues in other areas and occasional external customers. Accountable for controls testing results and advice regarding the controls execution. Responsible for supporting the Markets Control Assessment & Testing Head on handling staff management issues, including resource management and allocation of work within the team/project.
Responsibilities:
Supports the Markets Controls Testing Utility by leading a team responsible for assessing control design, designing control assessment tools and developing control assessment procedures, ensuring control assessment transitions, dispositioning exceptions, and developing insights.
Carries key responsibility for Control Design Assessment (CDA) by influencing the design of the quality review process, defining the work plan, and resolving escalations.
Performs decision-making of control assessment design activity, which includes approving/signing-off, undertaking escalations, and owning Internal Audit and issue management related actions.
Has the ultimate decision on controls assessment outlier escalations.
Handles control assessment interactions with senior managers at Director or Managing Director levels.
Maintains relationships and drives accountability with partners and stakeholders to drive control assessment success in support of the business's strategy.
Represents control testing in Operational Risk Forums (ORF) and senior meetings as needed and works with each respective team to finalize materials.
Works with colleagues in other areas of Risk Management, Compliance/Control, and the Businesses to assure appropriate management of Compliance and Operational Risks applicable to the Markets business.
Oversees the application of operational risk policies, technology and tools, and governance processes to create lasting solutions for detecting unmitigated risks arising from failed internal processes, inadequate controls, and emerging risks in partnership with Markets.
Approves assessment procedures in Confluence and is responsible for delivering relevant procedures to Internal Audit reviews and issue remediation.
Maintains resource forecast for own team as well as forecasting for successful controls assessment transition and Central Execution training. Supports team members on topics ranging from testing design and execution to performance management and control assessment platforms basics.
Helps driving continuous improvements in accuracy, efficiency, timeliness, and quality of MCA control design assessment testing.
Develops and drives quality-checking routines to ensure compliance with all relevant policies, operating guides, and owned control assessments.
Sets ambitious and measurable control testing goals for self and teams that align to business strategy and support business strategy realization.
Appropriately assesses 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.
Supports other relevant work efforts of department where needed and as directed by their manager.
Qualifications:
10+ years relevant experience, 5+ years in Risk & Controls roles, 5+ years of direct or indirect managerial experience.
Experience managing Compliance and Operational Risks in a first line role, or experience in a second- or third-line assurance or testing role.
Experienced in Markets products and distribution channels.
Subject matter expert on controls design, execution and/or control testing.
Advanced skills in MS Word, MS Excel, MS PowerPoint, and MS SharePoint.
Effective communication, written and presentation skills.
Outstanding people and relationship management skills with the ability to influence others and foster a sense of collaboration.
Demonstrated analytical ability; asks insightful questions, breaks analytical challenges into workable components and draws meaningful conclusions.
Independent thinker and able to provide value-adding credible challenge to businesses/functions.
Proficient in developing new ideas to mitigate risk and improve current processes.
Excellent communication skills required to negotiate internally, often at a senior level.
Experience of human-centered control design an advantage.
Travel Requirement:
Less than 10% of the time.
Education:
University degree preferred.
Primary Locations:
Singapore
Job Family Group:
Risk Management
Job Family:
Business Risk & Control
Time Type:
Full time
Citi is an equal opportunity and affirmative action employer.
Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
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