Citi Group FX Transaction Monitoring Senior Analyst- AVP United Kingdom, Northern Ireland, Belfast 489185988
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The role will have responsibilities for Third-Party Vendor Management. This role is responsible for executing the Enterprise Data Organization business strategy, provide support for strategic initiatives, managing common capabilities, and driving cross-business initiatives to achieve simplification, increased productivity, and efficiency. May manage ad hoc projects as requested.Responsibilities:
Responsible for managing the entire end-to-end vendor management lifecycle.
Support Stakeholders and Vendors to coordinate and facilitate Third Party Risk Management activities.
Ensure vendor’s compliance to required policies and regulations (e.g., Third Party Management Policy, Information Security, Continuity of business)
Maintain supplier systems of record, automating and optimizing vendor data sources to be self-service and provide insight for senior management.
Establish new relationships between Citi and its vendors, creating and managing Initial Risk Questionnaires (IRQ) and Third-Party Management Systems (CASP, P2P,GEP)
Review, assess, and act on results of Third-Party Risk Management activities assessments/controls, facilitating and executing planning and pre-contract due diligence activities, contract, ongoing monitoring, and termination.
Provide expert guidance and support on the development of Third-Party Management key controls, standard processes, operating procedures, and promulgation of best practices.
Perform reviews of Vendor Lifecycle (Pre-Contract due diligence, post-contract ongoing monitoring) and provide credible challenges to accountable / responsible parties.
Assist with/review results of additional vendor monitoring activities (Adverse results)
Manage Third Party contracts (e.g. Statements of Work) ensure contracts are properly executed and uploaded in the Vendor Contract Management System (GEP) working with Business if re-negotiations are required..
Support Third-Party Risk Management reporting activities as required and participate in continuous improvement activities.
Interface with all third-party stakeholders Third Party Officers (TPOs), Business Activity Owners (BAOs), TP-RAP Support, Supplier Oversight, Third Party Management Team (TPM) and Sector and Regional Third-Party Risk teams and other Citi business stakeholders on a regular basis
Build relationships with vendor contacts that cross regions, sectors, and functions to ultimately ensure third party compliance to Citi policies, contractual obligations, and SLAs.
Review results of third-party risk monitoring activities providing credible challenges to, and quality checks of, such results
Monitor the Key Indicators for the business, including vendor’s performance.
Identify any significant changes for the vendor relationships and trigger the update of Third-Party Risk Assessments
Partner with Vendor Contract Management Team to strategically manage a large portfolio of contracts, facilitating on time renewals, defining strategies, and identifying opportunities to optimize and consolidate services.
Coordinating the search, interview scheduling and execution, selection, recruitment, and on-boarding of external project resources
Effectively communicating with key stakeholders both internal and external
Provide thought leadership to drive supplier optimization and efficiencies based on Vendor risk profiles, performance, and market trends.
Serve as point of contact with vendors and hiring managers.
Complete and update Third Party Risk Management procedures and documentation.
Assist the project manager to procure services from the third parties in compliance with relevant Third-Party Risk Management policies.
Qualifications:
6+ years of experience in a financial services role
Communications or marketing experience preferred
Demonstrated working knowledge of financial services industry
Consistently demonstrates clear and concise written and verbal communication skills
Education:
Bachelor’s Degree/University degree or equivalent experience
Anticipated Posting Close Date:
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