In-business Controls Vice President

At **Citi**, we get to connect millions of people across hundreds of cities and countries every day. And we've been doing it for more than 200 years. We do this through our unparalleled global network. We provide a broad range of financial services and products to our clients - whether they be consumers, corporations, governments or institutions - to help them meet their biggest opportunities and face the world's toughest challenges.

We’re currently looking for a high caliber professional to join our team as **In-Business Controls Vice President (Banking), based in Singapore**. Being part of our team means that we’ll provide you with the resources to meet your unique needs, empower you to make healthy decision and manage your financial well-being to help plan for your future. For instance:

- We provide access to an array of learning and development resources to help broaden and deepen your skills and knowledge as your career progresses.
- We have a variety of programs that help employees balance their work and life, including generous paid time off packages.

The In-Business Controls (IBC) role will be part of the Singapore IBC team who is responsible for the oversight of Banking (Investment Bank, Corporate Bank and Commercial Bank) controls requirements for Singapore/Asia Clusters. The individual will provide governance & oversight of operational risk identification, assessment, monitoring and mitigation process as a First Line of Defense function. Key stakeholders include but not limited to business management, banking and product teams, in-country business teams, and functional partners. The role has a direct reporting line to the Singapore IBC Lead.

In this role, you’re expected to:

- ** Risk Management and Control Oversight**: Oversee internal controls, identify and assess key operational and emerging risks, design and implement appropriate controls, and ensure compliance with regulations. This includes demonstrating sound ethical judgment and escalating control issues transparently.
- ** Manager's Control Assessment (MCA) Maintenance**: Collaborate with the broader IBC team to update and maintain a robust global MCA within Citi's GRC framework. Participate in risk assessment, control design, KRI threshold setting, and continuous monitoring of Key Operational Risks (KORs).
- ** Reporting and Communication**: Handle local management reporting, coordinating with global and cluster risk and control teams. This involves quarterly reporting on control environment changes, significant events, lessons learned, and root cause analysis. Collaboration with global teams and participation in conference calls may be required.
- ** Collaboration with Second Line of Defense**: Maintain close working relationships with internal policy owners in ICRM, ORM, IS, TPM, and other relevant functions across Asia clusters. Oversee key operational risk areas and ensure alignment with policy requirements.
- ** Audit Management and Remediation**: Act as the primary contact for audit groups, ensuring timely and appropriate responses to audit requests. Conduct root cause analysis on identified issues and support the business in designing and implementing corrective and preventive action plans, discussing these plans with reviewers before validation. Coordinate the implementation of global and cluster risk and control projects, working with various teams to document processes while addressing local nuances.
- ** Extensive Experience**: A minimum of 6-10 years of experience in operational risk management, compliance, audit, or other control-related functions within the financial services industry, preferable in the area of Investment Banking.
- ** Risk and Control Management**: Demonstrated ability to identify, measure, and manage key risks and controls, including development and execution.
- ** Financial Industry Expertise**: Proven experience in control-related functions within the financial industry, including implementing sustainable solutions and process improvements.
- ** Compliance and Regulatory Knowledge**: A solid understanding of compliance laws, rules, regulations, and best practices, as well as Citi's specific policies, standards, and procedures.
- ** Strong Analytical and Communication Skills**: Possess strong analytical skills to evaluate complex risk and control activities, coupled with excellent verbal and written communication skills, including the ability to interact with senior management.

Working at Citi is far more than just a job. A career with us means joining a family of more than 230,000 dedicated people from around the globe. At Citi, you’ll have the opportunity to grow your career, give back to your community and make a real impact.

This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.Job Family Group:
Controls Governance & Oversight
- **Job Family**:
Quality Assurance, Monitoring & Testing
- Time Type:
Full time
- Most