Regulatory Risk Icaap & Stress Testing Officer jobs at Citi Group in Poland, Warsaw

By Joining Citi, you will become part of a global organisation whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.

What you’ll do:

• Monitor and report Severity 1 and 2 Model Risk Policy Breaches, Policy Dispensations, breaches to Model Risk Appetite Key Indicators into the Global Escalation Platform (GEP) and the Breaches Waivers Dispensations (BWD) platforms.
• Coordinate the Model Overlay Council (MOC) review of material Type 2 overlays, including setting up meetings, gathering minutes and managing follow-up items.
• Collaborate with other MRM teams and functions to execute Consent Order related items that require MRM Governance participation.
• Review any new or updates to firmwide Policy documents (Framework, Policy, Standard, Procedure) outside of MRM to identify and assess impacts on MRM operations and to ensure the external Policy documents adhere to the MRM framework.
• Collaborate the annual review of the Model Testing Guidance/Guidelines for all model areas with MRM senior leadership.
• Act as the point of contact for MRM Reviewers under the Model Inventory Attestation exercise.
• Support management in the identification and remediation of self-identified, regulatory and IA issues, including preparing documents to evidence completion of management corrective actions.
• Generate management’s response to audit inquiries for review by senior management prior to formal delivery of the response.
• Contribute to the strategic and cross-functional initiatives on enhancing model risk management framework.
• Prepare and present materials related model risk inventory and other initiatives to MRM senior management.
• Support other firmwide exercise and requirements that involve MRM (e.g., review and attestation of Intercompany Relationships involving model risk, EUC Management and Retirement Exercise, including EUC Working Group).

What we’ll need from you:

• 10+ years of relevant experience required.
• Must have deep understanding of Model Risk.
• Consistently demonstrates clear and concise written and verbal communication skills.
• Bachelor’s/University degree or equivalent experience.

By joining Citi Solutions Center Poland, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed) and enjoy a whole host of additional benefits such as:

• Private Medical Care Program
• Life Insurance Program
• Pension Plan contribution (PPE Program)
• Employee Assistance Program
• Paid Parental Leave Program (maternity and paternity leave)
• Sport Card
• Holidays Allowance
• Sport and team recreation activities
• Special offers and discounts for employees
• Access to an array of learning and development resources
• A discretional annual performance related bonus
• A chance to make a difference with various affinity networks and charity initiatives

Other Relevant Skills

What you’ll do:

• Drive program and project execution effectively applying project management best practices, utilizing iterative and agile methodologies
• Structure a risk management-based approach with proven methodologies to serve as enablers to the successful execution of the organizational strategy
• Ensure initiatives align to the established control frameworks and are driving control automation, reducing reliance on manual solutions, and mitigating overall risk.
• Assist in performing a detailed analysis on the identification of issue root cause, partnering with control and process owners to recommendations holistic corrective actions and improvements, provide check and challenge to ensure appropriate escalation in according with Issue Management and Escalation Policies.
• Drive tactical and strategic planning to ensure the program corrective actions plans are met. This includes identifications, documentation, reviews of multiple before dissemination on a regular basis
• Support tracking of Issue Management (CAPs/Issues), and in-country audits from ideation to IA validation.
• Support teams in the quality, completeness, and accuracy of the implementation of the Control Framework, including Risk Control Policy, Control Standard, Issue Management Policy, Lesson Learned Policy and Control Inventory.

Competencies:

• Experience working in a global, dynamic environment.
• Excellent interpersonal and communication skills.
• Strong leadership and motivational skills.
• Project management certification preferred.
• Negotiation and Influencing skills.
• Superior Planning & Organization skills.
• Excellent Workflow Management skills / experience.
• Pro-active, flexible, have good organizational skills and must be team player.
• Creates executable path and drives meaningful outcome.
• Virtual /remote management.
• Innovation and Change Management implementation.
• Proficient use of Microsoft Applications.

Qualifications:

• 7+ years of experience in strategy development and execution related with regulatory projects.
• Strong wholesale lending product domain knowledge across including reference data across the various financial products.
• Strong understanding of key credit risk performance metrics, macroeconomic indicators, and general banking concepts.
• Experience with senior engagement management roles and program execution of significant scope in financial services for large organizations.
• History of partnering closely with, engineering, operations, and/or risk to drive change in an organization.
• Communication skills and ability to influence others and deliver clearly articulate presentations to senior leaders.
• Ability to work across all levels of management independently and effectively.
• Experience in defining controls or implementing policy changes.

We offer:

• Work in a challenging area of the financial industry with one of the world's leading companies with exposure to variety of products, processes and controls.
• Cooperation with a high quality, international, multicultural and global team.
• Work in a friendly and diversified environment, appreciating differences in style and perspective and using them to add value to decisions leading to organizational success.
• Management supporting balanced and agile work (flexible working hours, home office).
• Attractive benefits package (Benefit System, medical care, pension plan etc.).
• A chance to make a difference with various affinity networks and charity initiatives.

Time Type:

Responsibilities:

• Manage the AML Risk of a portfolio of Foreign Correspondent Banks including reviewing their AML compliance programs and transactions.

• Represent the second line of defense in risk forums associated with FCBs.

• Lead AML discussions with compliance counterparts at FCB clients.

• Maintain and develop FCB metrics that will better inform decision making.

• Provide AML advisory services for the business as well as other compliance stakeholders.

Qualifications:

• 6+ years of relevant experience in the Compliance field

• Excellent communication and presentation skills with the ability to tailor messaging for diverse audiences.

• Proven ability to effectively collaborate with internal and external clients.

• Strong understanding of FCB and payment processes.

• Proficiency in Microsoft Excel and PowerPoint.

• Experience engaging and influencing very senior stakeholders.

joining Citi Solutions Center Poland, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed) and enjoy a whole host of additional benefits such as:

• Private Medical Care Program

• Life Insurance Program

• Pension Plan contribution (PPE Program)

• Employee Assistance Program

• Paid Parental Leave Program (maternity and paternity leave)

• Sport Card

• Holidays Allowance

• Sport and team recreation activities

• Special offers and discounts for employees

• Access to an array of learning and development resources

• A discretional annual performance related bonus

• A chance to make a difference with various affinity networks and charity initiatives

Sounds like Citi has everything you need? Then apply to discover the true extent of your capabilities.

Time Type:

By Joining Citi, you will become part of a global organisation whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.

What you’ll do

• Serve as the primary point of contact for assigned vendors, building strong, collaborative relationships

• Conduct regular performance reviews, addressing issues and monitoring KPIs/SLAs

• Facilitate communication between stakeholders and vendors for alignment and transparency

• Manage vendor contracts, ensuring favourable terms and maintaining a contract repository

• Monitor contract expirations and collaborate with Sourcing/Legal/Business/Risk teams for extensions and amendments

• Review and approve vendor invoices for accuracy, compliance, and adherence to pricing agreements; resolve discrepancies

• Monitor vendor spending against the allocated budget, proactively addressing variances and preparing budget reports

• Conduct cost analyses to identify opportunities for optimization, savings, and efficiency

• Ensure compliance with internal policies/regulations; participate in audits and provide documentation

• Create Purchase Orders and oversee the timely and accurate processing of vendor payments

• Assess risks, ensure compliance with laws/regulations, and report on exposures

• Ensure vendor compliance with policies and track/report risk exposures

• Develop and maintain performance dashboards, analyse data for trends, and create reports for management review.

• Identify opportunities for cost savings and efficiency improvements through data analysis

• Identify and implement process enhancements for vendor management, document procedures, and stay updated on industry best practices

• Collaborate with stakeholders, communicate updates, and facilitate meetings.

What we’ll need from you

• Relevant experience in a fast-paced, large global financial services firm (Operations/Finance/Accounting preferred).

• Experience with Resources @ Citi, P2P, and Fieldglass is advantageous.

• Demonstrable experience in third-party management is preferred.

• Energetic, flexible, collaborative, and proactive.

• Self-reliant, good problem solver, results-oriented with attention to detail.

• Ability to establish and build trust with professionals throughout the business.

• Strong, influential communicator who is articulate and concise.

• Strong risk management and control mindset.

• Evaluative judgment based on analysis of factual information in complicated, unique, and dynamic situations.

By joining Citi Belfast, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed), and enjoy a whole host of additional benefits such as:

• Generous holiday allowance starting at 27 days plus bank holidays; increasing with tenure

• A discretional annual performance related bonus

• Private medical insurance packages to suit your personal circumstances

• Employee Assistance Program

• Pension Plan

• Paid Parental Leave

• Special discounts for employees, family, and friends

• Access to an array of learning and development resources

Time Type:

KYC Risk Evaluation Management (REM) is an AML function that is responsible for conducting a risk evaluation of new and existing clients with certain high-risk attributes. A risk evaluation is a holistic assessment of these high-risk attributes reviewing in conjunction with the client’s KYC Profile to determine whether to on-board or maintain the relationship from an AML perspective. To achieve this goal, a REM analyst needs to be able to understand risk concepts, identify root causes, and analyze complex issues. As such, responsibilities include:

Responsibilities:

• Assess various components of the KYC Profile to support the disposition of the client. This may include: Client Information, Ownership Structure, Name Screening Matches, EDD, Product Profile, and Local Requirements.
• Identify and analyze interconnected risks within a KYC Profile
• When necessary, independently investigate risks components to understand context and resolve material issues
• Provide clear, concise, and self-sustaining risk analyses that support the ultimate disposition of each KYC Profile reviewed
• Disposition each KYC Profile in a timely and effective manner
• Provide advice from an AML perspective on issues escalated by the Business
• Escalate AML concerns or any significant suspicious activities to senior management
• Coordinate workflow of KYC Records that have routed to REM
• Responsibilities may evolve as the program dictates

Requirements:

• 3+ years of relevant work experience
• Bachelor’s Degree and AML Certification preferred
• Effective verbal and written communication skills
• Ability to critically think and assess complex issues
• Recent working knowledge of AML legislation and regulatory requirements
• Ability to rapidly comprehend new and complex products
• Proactive, organized, and ability to work independently with minimal supervision
• Ability to manage and complete multiple tasks on time
• Understanding of appropriate escalation and follow-up methods when potential AML risk is identified.

By joining Citi Solutions Center Poland, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed) and enjoy a whole host of additional benefits such as:

• Private Medical Care Program
• Life Insurance Program
• Pension Plan contribution (PPE Program)
• Employee Assistance Program
• Paid Parental Leave Program (maternity and paternity leave)
• Sport Card
• Holidays Allowance
• Sport and team recreation activities
• Special offers and discounts for employees
• Access to an array of learning and development resources
• A discretional annual performance related bonus
• A chance to make a difference with various affinity networks and charity initiatives

Sounds like Citi has everything you need? Then apply to discover the true extent of your capabilities.

Time Type:

Responsibilities:

• Develops, implements, and executes monitoring procedures addressing key compliance risks impacting middle and back office Operations within Citi's Markets business, in accordance with the Compliance Independent Assessment (CIA) plan. Reports any findings and documents them accordingly.

• Utilizes innovative compliance monitoring solutions including Data Analytics to enhance the value and efficiency of compliance-related activities to address emerging risks.

• Develops effective and collaborative relationships with stakeholders within and outside the CIA function and outside stakeholders, such as business and technology process owners, and promotes education and best practices across ICRM and the business.

• Promoting knowledge sharing and promulgation of best practices across ICRM and the business.

• Escalating to CIA management significant compliance matters that require their attention or action.

Qualifications:

• 5+ years of relevant work experience

• Knowledge of Compliance laws, rules, regulations, risks and typologies

• Experience with auditing principles including audit planning, risk assessments, development of risks and controls matrices, processes and controls design assessments, controls operating effectiveness testing, transactional testing, and reporting activities.

• Experience in planning, executing, and reporting on compliance testing reviews and regulatory issue validation activities.

• Extensive global compliance and audit related experience, and strong knowledge of business processes.

• Exhibit project management, interpersonal, sound decision making, and intuitive thinking skills.

• Understanding of relevant rules, laws, regulations, and specific regulatory requirements. Strong interpersonal skills for building strong relationships with stakeholders and engaging teams.

• Excellent oral communication and writing skills in interacting with non-executives and executive management and across a number of multiple business lines and control functions.

• Applies knowledge of key regulations to influence monitoring procedure scope.

• Develops effective line management relationships to ensure strong understanding of the business.

• Must be a self-starter, flexible, innovative, and adaptive.

• Works collaboratively with regional and global partners in other functional units.; ability to navigate a complex organization.

• Proficient in MS Office applications (Excel, Word, PowerPoint)

• Private Medical Care Program

• Life Insurance Program

• Pension Plan contribution (PPE Program)

• Employee Assistance Program

• Paid Parental Leave Program (maternity and paternity leave)

• Sport Card

• Holidays Allowance

• Sport and team recreation activities

• Special offers and discounts for employees

• Access to an array of learning and development resources

• A discretional annual performance related bonus

• A chance to make a difference with various affinity networks and charity initiatives

Time Type:

We are a diverse group of professionals with backgrounds in physics, engineering, finance, economics, and data science. You will work alongside experienced colleagues to further develop your analytical and quantitative skills. Your responsibilities will include building models and analytical applications to tackle real-world challenges, paving the way for a career as a risk management expert and leader.

What you will be doing

• Prepare regular and time sensitive analytics, visualizations, and reports for risk managers and senior management
• Synthesize and communicate complex risk exposures and metrics
• Analyse, implement, and automate underlying data, data flows, and data controls to enhance processes and efficiency
• Work with risk managers, businesses, modelers, and tech to design and build analytical applications

What we need from you

• Undergraduate or master’s degree in finance, business, economics, engineering, sciences, or other related technical disciplines
• Knowledge of or interest in finance, markets, risk management. Prior experience not required.
• Skilled in Data, Analytics, Databases, Data quality
• Experience in Tableau, Power BI or equivalent preferred
• Previous experiencing in Python is preferred, but not essential
  

What we offer

By joining Citi Solutions Center Poland, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed) and enjoy a whole host of additional benefits such as:

• Private Medical Care Program
• Life Insurance Program
• Pension Plan contribution (PPE Program)
• Employee Assistance Program
• Paid Parental Leave Program (maternity and paternity leave)
• Sport Card
• Holidays Allowance
• Sport and team recreation activities
• Special offers and discounts for employees
• Access to an array of learning and development resources
• A discretional annual performance related bonus
• A chance to make a difference with various affinity networks and charity initiatives

Whether you’re at the start of your career or looking to discover your next adventure, your story begins here. At Citi, you’ll have the opportunity to expand your skills and make a difference at one of the world’s most global banks. We’re fully committed to supporting your growth and development from the start with extensive on-the-job training and exposure to senior leaders, as well as more traditional learning. You’ll also have the chance to give back and make a positive impact where we live and work through volunteerism.

Time Type: