Business Risk and Control Group Manager – C15
The Business Risk and Control Group Manager is a strategic professional who leads a team within the Wealth Controls Organization supporting Wealth Operations. Developed communication and diplomacy skills are required to guide, influence, and convince others, often at a senior level. Provides advice and counsel related to risk management within Wealth Operations. Responsible for handling staff management issues, including resource management and allocation of work within the team/project.
Responsibilities
As a first line of defense risk and control partner, collaborate with North & Latin America Wealth Operations in performing key risk management activities in accordance with policy and procedure requirements. Collaboration includes, but not limited to managing a team of resources that are tasked with the following responsibilities:
- Identifying, assessing, escalating, and dispositioning events throughout the escalation lifecycle, with a strong focus on money movement and payments.
- Identifying and evaluating issues, including assessing root cause analysis to support the development of effective Corrective Action Plans (CAPs) and corresponding timelines
- Remediating and closing issues and CAPs, including validating supporting documentation used for closure and engaging risk partners across all three lines of defense
- Collecting, capturing, and submitting Operational Risk Events (OREs) into the Loss Capture System (LCS)
- Evaluating internal and external review data and information requests, including relationship management with risk partners across all three lines of defense
- Assessing the execution of Transformation related deliverables, including reviewing supporting documentation and engaging risk partners across all three lines of defense
- Engagement in strategic initiatives, including collaboration with key stakeholders and risk partners across all three lines of defense
- Develop and manage risk management reporting related to governance forums
- Contribute to governance and the facilitation of the execution of the Manager Control Assessment (MCA)
- Facilitate Lessons Learned event analysis, including documentation and collaboration with key stakeholders and risk partners across all three lines of defense
- Engagement in the planning and execution of the Scenario Analysis Program and the underlying scenarios
- Providing risk and control guidance in accordance with Enterprise Risk Management Framework
Qualifications
- Strong understanding of an Enterprise Risk Management Framework
- 15+ years of financial services risk management experience. Prior Wealth Operations and/or internal or external audit experience is a plus.
- Robust understanding of an effective control environment, including control design and operating effectiveness
- Strong problem-solving skills; comfortable tackling complex problems by breaking down into manageable portions
- Ability to work in a fast-paced, dynamic, and global environment, including strong communication, facilitation, and consensus-building skills
- Detailed oriented, including strong organization and project management skills to meet strict deadlines
Skill Requirements
- Strong process and project management skills, including the ability to manage several large initiatives simultaneously
- Detail oriented and analytical
- Ability to use broad knowledge and expertise to clearly define complex issues despite incomplete or ambiguous information
- Ability to create and maintain a network of strong partnerships across the regions/products/functions
- Provides well-reasoned, balanced assessments of issues and questions, in a timely fashion
- Considers broad implications of decisions on different functions and units
- Thinks strategically and articulates concepts clearly
- Ability to drive operating and culture change and has the long-term vision and leadership stamina to maintain course within a constantly changing environment.
- Demonstrate ability to synthesize information, prioritize business goals and drive results with a high sense of urgency
- Exceptional communication, executive reporting, influencing, and negotiation skills
- Accomplished change leader with a flexible approach and resilience to setbacks
- Openness to challenge and continuously challenging the status quo
- Self-motivated, highly adaptive, and able to work well under high stress
- Strategically minded with track record of execution excellence
Education
- Bachelor's/University degree
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Job Family Group:
Controls Governance & Oversight
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Job Family:
Assessment & Design
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Time Type:
Full time
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Primary Location:
New York New York United States
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Primary Location Full Time Salary Range:
$170,000.00 - $300,000.00
In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.
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Anticipated Posting Close Date:
Apr 10, 2025
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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.
Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. 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 review Accessibility at Citi.
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Citi Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Citi and has not been reviewed or approved by Citi.
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Healthcare Strength — Benefits coverage is positioned as comprehensive, including health, dental, and vision insurance plus on-site clinics, prescription drug support, and disability coverage. Family-building support such as fertility assistance is described as a notable differentiator within the overall package.
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Retirement Support — Retirement benefits are framed as strong, highlighted by a 401(k) with matching and additional plan options like a Roth 401(k). Financial support is reinforced through discounts and broader financial guidance resources tied to the benefits ecosystem.
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Wellbeing & Lifestyle Benefits — Wellbeing support extends beyond insurance through programs like an Employee Assistance Program, counseling/legal resources, and gym or wellness reimbursement. These offerings increase the perceived total rewards value even when cash compensation sentiment varies by role.
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