Assessment & Design Sr. Lead Analyst - C14 - SINGAPORE

Overview

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 Senior Vice President, Business Risk and Control Manager based in Singapore as part of Global Investment Risk Assessment and Control Design team. The Citi Wealth business delivers a comprehensive wealth solution to clients across the wealth continuum, with integrated advice and execution, as well as traditional and alternative investments, managed account strategies, world-class research and investment guidance. Our Wealth business serves ultra-high-net-worth individuals and family offices through Citi Private Bank, operates in the affluent and high-net-worth customer relationship tiers of Citigold and Citigold Private Client and offers wealth management in the workplace through Citi Wealth.

Responsibilities

• Act as primary GAU Regulatory Coverage Lead for Global Investment Assessment Unit for Private Bank and Consumer business in Asia. Candidate will also support EMEA CPB for regulatory change management, wherever required.
• Engage in close coordination with ICRM across Product & Client Segments on understanding the changes required as part of Regulatory change, involving gap analysis of regulatory change vis-vis current process, communicate the actions to business stakeholder and drive the completion of action items before regulation compliance date.
• Proactively work with Investment Products teams (referred as Capital Markets, Manage Investments, CIM) and Insurance in mapping the regulations vis-vis current process, conduct gapping analysis and develop clear action plan as part of impact assessment to meet the regulatory guidelines.
• Working closely with Product teams to continuously evaluate and drive the maintenance of the regulatory inventory linkage in supporting controls in Citi's system so that management can effectively demonstrate adherence to applicable laws and regulations through the Manager's Control Assessment program.
• The candidate will operate in close partnership with the teams across 1st line of defense (in particular Capital Market, CIM and Manage Investment Product, Front office Risk & Control leads) and 2nd line of defense (in particular, Independent Compliance Risk Management, Legal and Independent Operational Risk Management) responsible for challenging and monitoring business adherence with all laws, regulations and rules and internal policies.
• Engage with ICQ Team in designing Issues and CAPs emanating out of Regulatory Change Management with control owners to mitigate the risk including overseeing its completion on time.
• Responsible for ensuring adequate governance on overdue action plans emanating out of Reg Change Management including regular updates in governance forum locally and globally.
• Supporting the business in review of Product Programs, Operational Manual to identify risks in current process, evaluating areas of strengthening of controls and ensure sustainability of those controls are built as part of monitoring, wherever applicable.
• Assess the effectiveness of existing controls through horizontal process-based reviews out of lesson learned activity on internal events or external events faced by industry. Wherever, gaps are identified, work with business to develop and implement corrective action plan.
• Work with Global and country stakeholders for annual exercise on Carrom and Tier 1, 2, 3 regulation mapping to ensure adequate evidence is provided to Second line for closure.
• Developing strong relationships with Business, Operations & Technology and partners in 2nd and 3rd line of defense to reduce and mitigate regulation risk. The candidate will also participate in discussions pertaining to the continuous enhancement of regulation controls and monitoring.

Required Qualifications

• University graduate with at least 8-10 years of experience with strong strategic, analytical and product management skills
• Must have exposure to 4-6 years of Risk, Control, Audit or Compliance roles.
• Working-level knowledge of core end-to-end processes performed in the Consumer and Private Bank business.
• Prior experience and exposure in Investment Products across Capital Markets and Manage Investments.
• Experience with governance, risk and control management, risk approvals, as well as engaging with 2nd/3rd lines of defense
• Understanding / familiarity with new product development (e.g. first and second line of defense risk/control mechanisms
• Ability to move from granular detail to strategic level, with effective executive presentation skills
• Comfortable operating with limited guidance and under significant time pressure

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, status as a protected veteran, or any other characteristic protected by law. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity, Accessibility at Citi. View Citi's EEO Policy Statement and the Know Your Rights poster.

Seniority level

• Not Applicable

Employment type

• Full-time

Job function

• Information Technology

Industries

• Banking, Financial Services, and Investment Banking

Most Relevant Skills

• Analytical Thinking
• Business Insights
• Communication
• Constructive Debate
• Controls Lifecycle
• Issue Management
• Process Design
• Program Management
• Risk Management
• Stakeholder Management

Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

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