Citi Group Loans Operational Risk Senior Manager- Director Hybrid 

Luxembourg 

527568928

Responsibilities:

• Establishes and oversees the application of operational risk policies, technology and tools, and governance processes to create lasting solutions for minimizing losses from failed internal processes, inadequate controls, and emerging risks.
• Independently access risks and drive actions to address the root causes that persistently lead to operational risk losses by challenging both historical and proposed practices.
• Works with colleagues in other areas of Risk Management, Finance, Compliance/Control and the Businesses to assure appropriate management of Operational Risk processes:
• Facilitates accurate and appropriate reporting of operational risks to senior management.
• Promotes the use of risk indicators.
• Supports corporate initiatives, including those related to Operational Risk
• Drives the strategic direction of Operational Risk Management for the Global Lending Operations, working with colleagues around the globe
• Identifies emerging operational risks in the context of the current economic, regulatory and business environment and assure that measures are being taken to mitigate these risks.
• Analyzes operational risk data (typically losses, metrics or assessment results) to identify areas of excessive risk and to ensure that mitigation efforts are having the desired effect(s).
• Investigates causes for metrics that are deviating from trends and escalate situations that pose excessive risk(s).
• Identifies root causes of major internal losses and ensure actions are taken to reduce the risk of loss from similar causes.
• Upholds the Operational Risk Policy:
• Provides Operational Risk oversight to assure policy and regulatory compliance.
• 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 others and create accountability with those who fail to maintain these standards.

Qualifications:

• 10 - 15+ years relevant experience
• Experienced in Operational Risk. Knowledge of other risk disciplines (market risk, credit risk) a plus.
• Experience in Loans operations is a big plus.
• Demonstrated analytical ability; asks insightful questions, break analytical challenges into workable components and draws meaningful conclusions. Well versed in breaking down complex matters into core issues and root causes that can be more readily addressed.
• Proficient in developing new ideas to mitigate risk and improve current processes.
• Advanced Leadership skills Operates as a leader, with an understanding and appreciation for diverse backgrounds.

Education:

• Bachelor’s/University degree, master’s degree preferred and managerial experience

Anticipated Posting Close Date:

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