Sanctions Business Intelligence Manager jobs at Citi Group in India, Mumbai

Individuals in Issue Management are responsible for the coordination and comprehensive management of issues with key stakeholders, such that Citi achieves and maintains compliance and appropriately remediates findings from internal and external reviews as well as self-identified issues. Includes coordinating with key stakeholders to investigate controls gaps or failures, develop corrective action plans, and provide robust challenge enabling the key stakeholders to implement sustainable solutions by addressing root causes and adopting enhanced discipline including consideration of lessons learned for the timely closure of issues.

Responsibilities:

• Assist in the coordination and comprehensive management of issues with key stakeholders
• Support issue quality reviews ensuring compliance with Issue Management Policy, Standards and Procedures
• Facilitate Business / Function Quality Control engagement across the full lifecycle of high impact issue remediations and key remediation programs
• Maintain a robust tracking and reporting issue inventory including issue quality metrics to provide visibility on the status of control gaps and Issues quality control processes highlighting risk and escalating concerns in timely manner
• Provide challenge enabling the key stakeholders to implement sustainable solutions to address root causes
• Utilize analytics to assess issue remediation trends, identify key risks, and develop insights for process improvement
• Support identification and analysis of potential control gaps and operational risks across Citi, leveraging data analysis to assess impact.
• Support key stakeholders to develop corrective action plans to address identified control gaps or failures
• Incorporate lessons learned guidance into the development of corrective action plans, promoting continuous improvement and timely closure of issues
• Ensure compliance with all relevant regulatory requirements and internal policies
• Partner with internal audit, business units, and senior management, communicating effectively to drive issue resolution, influence decision-making, and promote a culture of risk awareness
• Appropriately assess 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, as well as effectively supervise the activity of teams and create accountability with those who fail to maintain these standards

Qualifications:

• 10+ years of experience in operational risk management, compliance, audit, or other control-related functions in the financial services industry.
• Ability to identify, measure, and manage key risks and controls.
• Strong knowledge in the development and execution for controls.
• Proven experience in control related functions in the financial industry.
• Proven experience in implementing sustainable solutions and improving processes.
• Understanding of compliance laws, rules, regulations, and best practices.
• Understanding of Citi’s Policies, Standards, and Procedures.
• Strong analytical skills to evaluate complex risk and control activities and processes.
• Strong verbal and written communication skills, with a demonstrated ability to engage at the senior management level.
• Strong problem-solving and decision-making skills
• Ability to manage multiple tasks and priorities.
• Proficiency in Microsoft Office suite, particularly Excel, PowerPoint, and Word.

Education:

Bachelor's/University degree, Master's degree preferred

Time Type:

Responsibilities:

• The position requires a candidate with general management skills, leadership abilities and administrative experience, who can manage and lead a variety of activities geared at helping manage a global organization with resources and providing data & analytics solutions to all regions and lines of businesses. This includes building ties with other business teams. The individual will be a direct report to the Global Head of Oversight Technology and Process Risk while working closely with the senior Decision Management leadership in their planning, definition and execution of organizational strategy.
• Ability to review Risk Management Framework and policies and provide credible challenge
• Excellent organizational skills Governance skills and robust Project Management Skills e.g. reporting to senior management, assembling materials / packs to go to senior management
• Robust Business Analyst skills to independently lead workstreams / initiatives at the request of senior management
• The Business Sr. Lead Analyst will ensure that data is summarized from across the business to provide critical information to executive team
• Partner directly with various players across decision management groups, analyze data and evaluate multiple sources to develop recommendations on high-priority strategic initiatives, including the annual strategic plan
• Help to manage executable strategies, partnering across the organization
• Establish best practices and principles for the decision management organization globally
• Program/Project Management - Help provide oversight of the Business Critical Milestone Reporting process and various other executive / client / management reporting processes. Ensure quality, efficiency and accuracy throughout the reporting process.
• Communication - Work with the team and respective Decision Management leaders on the communication strategy (e.g. town halls, new hire events) for the department and facilitate the development of communication materials and presentations for senior management, including C-level management, the Board of Directors, Operating Committee and other key stakeholders as required
• Appropriately assess 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.

Qualifications:

• +5 years in Risk Management ideally within Wealth Risk Management
• 10+ years experience in global and complex settings with multiple stake holders
• 10+ years Business Analyst / PM skills - work experience in area related to analytics and/or strategy consulting

Education:

• Bachelor’s/University degree, Master’s degree preferred

Time Type:

Your key responsibility will be to manage a team of professionals servicing sanctions insights for all TTS Business Lines throughout the world, identifying opportunities for optimizations and strengthen our data and BI protocols and influence the change! As a manager you will:

• Oversee and organize a team’s work and provide feedback and help people improve and grow

• Set goals and drive the overall roadmap for the Sanctions Optimizations stream

• Contribute to the Business Intelligence strategy and ensure the agenda is delivered

• Lead on reporting, analytics and data exploration that will provide insights and process optimization opportunities

• Prepare one-pagers, decks and power point presentations in a structured and concise way

• Translate complex analytics tasks into easily digestible information to guide data-based decisions with various stakeholders

• You will lead a stream focused on optimization of our screening process and outcomes, including:

• Conditional rules creation and monitoring (closely partnering with Compliance)

• Sanctions Policy Manager management (closely partnering with Payments Product, Operations and Compliance)

• Creating risk-balanced pattern optimization requests (low quality patterns) as well as exploring other opportunities towards data- and evidence-based proposals for optimizing the match dispositioning process

Qualifications:

• Strong leadership and decision-making abilities

• Minimum 2 years of experience in managing people

• Experience in sanctions match dispositioning (Match Verification Guidelines, Global Operating Standard for Sanctions Matches)

• Comfortable with Microsoft Office Suite, particularly Excel. Able to perform complex tasks involving datasets and statistics

• Fluent English spoken and written

• Knowledge of payments (SWIFT, MT structure) would be an asset

• Ability to work under time pressure and to solve problems

What we offer:

• Competitive salary connected with annual salary review and discretionary annual performance bonus
• Social benefits (private healthcare, award winning pension scheme, multisport, life insurance, holiday allowance, anniversary program, competitive maternity and paternity scheme)
• Hybrid model of work – from the office and from home
• Working in a friendly, dynamic, supportive and diverse environment – including multiple affinity and social networks & voluntary activities to engage with
• Structured onboarding process and extensive training offering (e.g. including Udemy, Degreed)
• Opportunity to have an influence on the way you perform your tasks - our teams are constantly looking for new and better ways and we encourage all improvement ideas
• Unlimited development opportunities within Citi global network
• Exposure to a wide range of internal stakeholders as well as to senior management

This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.

Time Type:

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• Positions within Global Consumer Risk Management of Citi for Non Regulatory Decisions Models Performance Monitoring & Analytics for Unsecured / Secured portfolios.

  Core Responsibilities:

  This position within Global Consumer Banking will focus on model performanceMonitoring, Analytics & Insightsfor Non-Regulatory Decision Models for Unsecured products (e.g., Credit Cards). The responsibility includes but not limited to the following activities:

• Perform Root Cause Analysis explaining model performance to second line of defense and Policy teams for Business risk decisioning.
• Analyze & bring out Insights for Credit Risk Non-Regulatory Scoring/ Non-Scoring Segmentation models. This would include performance assessment, drill down root cause analysis for performance deterioration, coming up with mitigation action providing rational for continued usage of the model without business impact.
• Present model performance to senior stakeholders, CROs, Risk Policy managers, Sponsors explaining the heath of the model, connecting model metrices to business scenarios explaining the breach in model performance; understanding the incremental benefit the models bring to Risk strategies.
• Explain model performance to second line (Model Risk Management) of defense providing rational of model performance deterioration (if any), explaining the applicability of the usage of the model.
• Respond to queries from 3rd Line of Defense (Internal and External Auditors) on model performance.
• Work effectively across cross functional teams - Development, Implementation, Policy, Validation and Governance teams - coordinating the horizontal model usage and maintenance activities.
• Perform analysis for benchmark models and other adhoc analysis as required by business/validation teams.
• Develop knowledge and drive discussions on Model usage across channels, score range with Risk Strategy managers.
• Conduct QA/QC on all steps (e.g., input data, model output, etc.) required for model monitoring and production forecast reporting.
• Deliver comprehensive write-up of ongoing model performance assessment, Annual Model Review / Revalidation documents.
• Understand model variables and economic forecasts and conduct drill down analysis and reporting of model performances.
• Deliver end user computing process related mandates.
• Expected to manage own projects independently.
• Train and mentor junior team members on Model Monitoring, generating insights from different analysis required by business.

• Individual Contributor

  Education:

  Advanced Degree (Bachelors required or Masters preferred) in Statistics, Computer Science, Operations Research, Economics, etc. MBA s should apply only if they are interested in career in specialized quantitative risk management discipline.

  Skillset

• Strong programming (SAS, R, Python, etc.) skills.
• Experience in reporting tools - Excel, Tableau, Cognos
• Understanding of traditional modeling processes (linear/ logistic regression, segmentation, decision tree) and machine learning algorithms (Random Forest, Gradient Boosting, XG Boost, SVM, etc.), time series, linear/nonlinear optimization.
• Understanding of relevant model metrics / KPIs & bring out insights on model performance tracking.
• Good communication skill to communicate technical information verbally and in writing to both technical and non-technical audiences is a must.
• Extensive experience in model monitoring/validation, performance scorecards, etc. in Excel, Tableau, Cognos, etc.
• Experience in developing optimal/ automated solution of reporting processes using SAS, Excel VBA, Tableau will be a plus.

• Experience

• 5+ YEARS reporting & analytics experience.
• At least 5 years of extensive experience in reporting (risk/marketing) in portfolio reporting, model monitoring, generating business insights.
• Experience in automating reporting processes would be a plus.

Time Type:

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