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Procurement and Third-Party Management (P&TPM) is responsible for procuring products and services for Citigroup and manages the risks associated with Citi’s use of and reliance upon third party relationships, including outsourced arrangements, across all business lines and locations. P&TPM defines and oversees the implementation of policies and standards that provide controls to assess and manage risks related to Citi’s third-party relationships and outsourcing arrangements. The goal of P&TPM is to support Citi’s selection and management of third parties capable of providing products and services in a safe and sound manner and at a reasonable cost and to manage the risks associated with third parties.
By joining Citi, you will become part of a global organization 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:
Compile, review and provide TPM metrics that represent risks or issues on a monthly basis with the applicable stakeholders, forums and committees
Escalate issues that arise due to the failure to execute TPM Program requirements to the applicable In-Business Risk, TPO, BAO, and other stakeholders; where appropriate
Monitor TPM execution of the Cluster/Country against the TPM requirements
Inform TPM & Sector Stakeholders on Country / Legal Entity Specific requirements in relation to outsourcing regulations
Support Supplier relationship risk reduction reviews, in partnership with In-Business Risk, TPO, and BAO
Lead and/or support in TPM projects for the Cluster as required by Global programs
Assist in any Regulatory, Internal Audit, ORM/ICRM exams and request
What we’ll need from you:
3-5 years relevant work experience in Business Risk & Controls
2+ years’ experience in financial services.
Bachelor’s/Universitydegree or equivalent experience, potentially Masters degree
Fluent English knowledge, any other EMEA language knowledge is an advantage (e.g. French, German)
Strong MS Excel, MS Access, SAS, SQL, Visual Basic a plus.
Third party vendor management preferred. Demonstrated ability to lead global team efforts
Excellent problem solving skills Ability to see the big pictures with high attention to critical details
Demonstrated ability to develop and implement strategy and process improvement initiatives.
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
Sounds like Citi has everything you need? Then apply to discover the true extent of your capabilities.
Risk Management
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