Citi Group Finance CRO CAO Team - Internal Controls AVP 

United States, New York 

595829021

The Finance Chief Risk Office (CRO) team provides risk management oversight of the Finance function, including effective risk challenge and mitigation of risk for capital, liquidity and interest rate risks, Treasury investments, and private equity investments, and ensures compliance with all risk-related regulatory requirements. The Finance CRO Chief Administrative Office (CAO) team is responsible for execution, governance, and control oversight of FinCRO, including: (i) regulatory and audit communications; (ii) transformation agenda; (iii) policies, supporting standards and procedures, and training; (iv) reporting to Board and committees; (v) internal controls; and (vi) employee engagement across the Finance CRO organization. The Internal Controls team member will be responsible for the development and oversight of sustainable execution of robust internal controls. This will include assisting in contributing to the development of solutions, enhancements and monitoring of controls, compliance with regulatory requirements and firm Policy and Standards.

Key Responsibilities

• Be a key partner for Finance CRO on Manager Control Assessment (MCA) Quarterly Risk Assessment (QRA) and the Annual Risk Assessment (ARA) processes, working directly with Finance CRO teams.
• Drive the continuous review, monitoring, and improvement of control processes and streamline control design to ensure consistency across Finance CRO.
• Oversee/ensure issues are opened to address control deficiencies identified, drive risk escalation process where controls cannot be enhanced.
• Support with strategic MCA transformation initiatives:
  • Global Process MCA Profile Build (GPMP) - standardize the treatment of processes and begin creation of GPMPs for Finance CRO ARCMs
  • Global Assessment Unit (GAU) Creation – finalize GAU alignment for countries and legal entities and align relevant processes, map them to lvl 3 processes.
  • CEAM Process taxonomy - review and confirm all activities for processes alignment with GPMP creation. Support with process flow model creation.
  • Inherent Risk Assessment – review and support with teams with new methodology changes
  • Uplift MCA content standards - simplify current control and monitoring tools to drive efficiencies, and identify opportunities to improve controls.
• Understand the drivers behind control performance and facilitate standardization of Activity, Risks, Controls and Monitoring Tools (ARCM) within the team.
• Monitor the new KRI/KPI Metrics and create data analytics dashboards to track metrics and progress, escalating to senior management as required.
• Acts as SME to senior stakeholders and /or other team members. Coordinate collation and production of materials for relevant governance forums.
• Build a strong understanding of core controls platforms, including, but not limited to MCA and Integrated Corrective Action Plan System (iCAPS).

Qualifications

• 3-10 years or relevant experience in financial services industry.
• Risk, Finance, Operational Risk, Controls experience preferred. Project Management experience a plus.
• Familiarity with Citi’s MCA and iCAPS is highly preferred.
• Exceptionally strong interpersonal and people management skills and ability to interact with all levels of management particularly at the Director and Managing Director level.
• Excellent planning and task management skills; ability to see the bigger picture as well as maintain strong focus on day-to-day execution.
• Excellent communication and interpersonal skills, willingness, and ability to work across all levels of organization.
• Ability to influence teams, with non-direct reporting lines, including teams comprised of senior managers.
• Quick learner, with ability to understand complex requirements and translate into clear and simple guidance for the business.
• Methodical and proactive thinker with strong organizational and follow-up skills.
• Proven time and task management skills with the ability to multi-task effectively and promptly.
• Must be highly proficient in Excel, dealing with large sets of data and PowerPoint

Education

• Undergraduate degree in Finance, Economics, or a technical discipline.
• Exceptional candidates who do not meet these criteria may be considered for the role provided they have the necessary skills and experience.

Anticipated Posting Close Date:

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