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Citi Group Operational Risk Framework Manager Appetite Metrics Taxonomy 
Hungary 
19201946

09.07.2024

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

  • Support senior risk officers to influence and shape the team’s strategic target state through implementation of its strategy and policies.

  • Establish, manage and execute the Enterprise Risk and Operational Risk framework to create lasting solutions for minimizing losses from failed internal processes, inadequate controls, and emerging risks.

  • Serve as a subject matter expert for the development of Risk Appetite Statements and execution of Risk Appetite Assessments.

  • Work with the First Line of Defense to establish meaningful risk metrics, as well as thresholds, to be used in risk appetite assessments.

  • Monitor metric performance and verify breaches of established thresholds, and subsequently monitors remediation plans.

  • Lead annual risk taxonomy updates and revision for two Operational Risk categories.

  • Maintain Risk and Control taxonomies within the GRC tool in compliance with the Citi Operational Risk Policy, procedural requirements and monitoring methodologies.

  • Support other central function and framework efforts, as required: internal audit engagement, regulatory engagement, policy development and maintenance, internal communication, training, and other tasks, as required.

What we’ll need from you

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

  • 8+ years of experience in financial risk management, consulting, and/or regulatory affairs, with specific experience in operational or enterprise risk management.

  • In depth knowledge of risk framework development and maintenance (risk identification, measurement, mitigation, reporting and monitoring, and governance).

  • Related certifications (CRISC, or similar) preferred.

  • Strong personal drive and ability to mobilize organizational commitment and support for transversal programs.

  • Leadership skills and ability to deliver results, while working with cross-functional and virtual teams.

  • Deep understanding and working knowledge of Governance, Risk, and Compliance.

By joining Citi Hungary, 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 compensation package and enjoy a whole host of additional benefits that support you (and your family) to be well, live well and save well:

  • Cafeteria Program

  • Home Office Allowance (for colleagues working in hybrid work models)

  • Paid Parental Leave Program (maternity and paternity leave)

  • Private Medical Care Program and onsite medical rooms at our offices

  • Pension Plan Contribution to voluntary pension fund

  • Group Life Insurance

  • Employee Assistance Program

  • Access to a wide variety of learning and development programs, online course libraries and upskilling platforms, such as Udemy and Degreed

  • Flexible work arrangements to support you in managing work - life balance

  • Career progression opportunities across geographies and business lines

  • Socially active employee communities with diverse networking opportunities

Operational Risk


Time Type:

Full time

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