In-Business Risk and Controls Analyst

Recruiter
Citi
Location
Belfast, United Kingdom
Salary
Competitive
Posted
16 Jan 2023
Closes
31 Jan 2023
Ref
18478278
Job Function
Banking
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Overview of Citi
Citi is a world-leading global bank. We have approximately 200 million customer accounts and a presence in more than 160 countries and jurisdictions worldwide. We provide consumers, corporations, governments, and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. We enable clients to achieve their strategic financial objectives by providing them with cutting-edge ideas, best-in-class products and solutions, and unparalleled access to capital and liquidity.

Citi Belfast is one of the largest employers in Northern Ireland with a diverse and talented team of over 3000 people from over 40 different nationalities across our four Belfast offices.

We are the only global investment bank operating in Northern Ireland. Every day, our local experts interact with global teams in over 100 countries developing and supporting next-generation technology solutions for the enterprise and delivering critical services to the bank and its customers, to make sure we are a stronger and safer organization for our clients.

You will have a truly global reach, which will provide you with new experiences and development opportunities right here in Belfast's iconic Titanic Quarter.

Team/Function Overview
The Business Risk and Controls Analyst is a developing professional role that deals with most duties independently and has some latitude to solve complex problems. The role integrates in-depth specialty area knowledge with a solid understanding of industry standards and practices. It requires a good understanding of how the team and area integrate with others in accomplishing the objectives of the sub-function/ job family.

Analytical thinking and knowledge of data analysis tools and methodologies are also key to success in this role. It requires attention to detail and sound judgments and recommendations based on the analysis of factual information. The role typically involves handling variable issues with potentially broader business impacts.

The Business Risk and Controls Analyst also needs to apply professional judgment when interpreting data and results and to be able to break down information in a systematic and communicable manner requiring highly developed communication and diplomacy skills in order to properly handle potentially complex/sensitive issues and information.

The role may involve moderate but direct impact through close contact with the businesses' core activities. The quality and timeliness of the service provided by this role will affect the effectiveness of the Global Legal Control team and other closely related teams.

Role / Position Overview
  • Supports activities related to legal risk/controls
  • Coverage of Managers Control Assessment (MCA) oversight for the EMEA and APAC regions, including managing and coordinating Quarterly and Annual Risk Assessments
  • Assist with coordinating and consolidating corrective action plans to bring resolution of issues owned by the Global Legal
  • Controls team
  • Ensure all MCA related activities are in compliance with the Enterprise Risk Management Framework/Policy, Operational Risk Policy, Standards and Procedures.
  • Assist with leading ad-hoc projects and initiatives to ensure successful and timely completion.
  • Assist with review of Policies, Standards, Procedures for proposed enhancements.
  • Assist with Internal Audit and Regulatory requests/reviews.
  • Provide training, reporting, and support for the Legal department on the MCA process, as needed.
  • Assist with any MCA transformation efforts within the Legal department.
  • Performs varied work requests from multiple sources that may be complex in character and have tight deadlines
  • Responsible for tasks associated with programs and projects
  • Provides analysis of matters in support of resolution of situations or to formulate an approach
  • Liaises with other control and functional businesses in support of project initiatives
  • Works closely with the team's manager to complete tasks assigned
  • Appropriately assesses 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.
Development Value
  • Exposure to a wide range of operational risk management activities in a global financial services environment
  • Develop a detailed understanding of Citi control processes and methodologies, global data privacy requirements, and to the operations of a Global Legal Organisation
  • Exposure to corporate strategic initiatives and change programs.
  • Drive process improvements, working in partnership with a global team
  • Participation in projects with high level of visibility to all levels of management
Knowledge/Experience
  • Relevant experience
  • Experience working in corporate legal department, law firm, financial services, consulting, technology firm or related industry, preferred but not required
  • Knowledge and understanding of the financial services industry
Skills
  • Proficiency with MS Office products
  • Good interpersonal, verbal and written skills, with the ability to present to and influence senior management
  • Strong work ethic
  • Analytical approach with an eye for detail and emphasis on accuracy
  • Understanding of project management methodologies
Qualifications
  • Bachelors/University degree or equivalent experience
Exceptional candidates who do not meet these criteria may be considered for the role provided they have the necessary skills and experience.

Competencies
  • Must have excellent organizational skills, attention to detail, exceptional verbal communication and listening skills
  • Self-starter. Consistently high standard of work. Timely and accurate delivery
  • Ability to manage multiple tasks, prioritise and escalate
  • Ability to meet tight deadlines
  • Flexibility to adapt to changing demands and priorities
What we Offer
We work hard to have a positive financial and social impact on the communities we serve. In turn, we put our employees first and provide the best-in-class benefits they need to be well, live well and save well. We'll provide you with the resources to meet your unique needs, empower you to make healthy decisions, and allow you to choose which benefits suit you and your personal life best.

Visit our Global Benefits page to learn more.

Highlights to our core benefits include:
  • Award winning pension
  • On-site health services
  • Private medical insurance packages to suit your personal circumstances
  • Paid parental leave
  • Generous holiday allowance starting at 27 Days plus bank holidays; increasing with tenure
Citi Belfast also champions diversity within our workforce, which helps us be well and live well together. We have over 40 different nationalities in our Northern Ireland offices, are a vocal supporter of LGBTQ+ rights, and are proud to have 47% of our leadership team made up of individuals who identify as women.

We encourage and lead inclusivity through our Pride, Disability, Multicultural, Families Matter, and Women affinity networks that are run by and for, Citi Belfast colleagues; providing them with the support they need in their personal and professional journeys and supplying them with the tools to help educate colleagues on all things related to each network to help us work better together.
  • Coverage of Managers Control Assessment (MCA) oversight for the EMEA and APAC regions.
  • Guide or assist when needed, the MCA Assessment Unit and MCA Governance Entity owners in the performance of their quarterly and annual assessments.
  • Assist with coordinating and consolidating corrective action plans to bring resolution of issues owned by the Global Legal Controls team.
  • Coordinating and leading the MCA Annual Risk Assessment and Quarterly Risk Assessment processes across the regions.
  • Ensure all MCA related activities are in compliance with the Enterprise Risk Management Framework/Policy, Operational Risk Policy, Standards and Procedures.
  • Assist with leading ad-hoc projects and initiatives to ensure successful and timely completion.
  • Assist with review of Policies, Standards, Procedures for proposed enhancements.
  • Assist with Internal Audit and Regulatory requests/reviews.
  • Provide training, reporting, and support for the Legal department on the MCA process, as needed.
  • Assist with any MCA transformation efforts within the Legal department.
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Job Family Group:
Legal -------------------------------------------------
Job Family:
Legal Support ------------------------------------------------------
Time Type:
Full time ------------------------------------------------------
Citi is an equal opportunity and affirmative action employer.

Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Citigroup Inc. and its subsidiaries ("Citi") invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi .

View the " EEO is the Law " poster. View the EEO is the Law Supplement .
View the EEO Policy Statement .
View the Pay Transparency Posting
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