Managers Control Self-Assessment Group Manager

The Operational Risk Grp Manager is accountable for management of complex/critical/large professional disciplinary areas. Leads and directs a team of professionals. Requires a comprehensive understanding of multiple areas within a function and how they interact to achieve the objectives of the function. Applies in -depth understanding of the business impact of technical contributions. Strong Retail Bank and Mortgage business knowledge is a necessity. Generally accountable for delivery of a full range of services to one or more businesses/ geographic regions. Excellent communication skills are required in order to negotiate internally, often at a senior level. Some external communication may be necessary. Accountable for the end results of an area. Exercises of control over resources, policy formulation and planning. Primarily affects a sub -function. Involved in short- to medium-term planning of actions and resources for own area. Full management responsibility of a team or multiple teams, including management of people, budget and planning, to include performance evaluation, compensation, hiring, disciplinary actions and terminations and budget approval.

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 asses risks and drive actions to address the root causes that persistently lead to operational risk losses by challenging both historical and proposed practices.   Governance and oversight may include (not limited to) technology operational risk, cyber risk for example.   Serves as an oversight function working with the In-Business OR and Independent Risk Teams   Drives – Operation Risk Anticipation, Mitigation and Loss Recovery (and respective Recovery Plans)   Ensures Operation Risk Policy implementation and exception approvals   Informs Operational Risk Council on Sub-Segment Level OR related matters   Attends In Business Risk Committees   Leads the development of new/change initiative risk assessments in partnership with business project teams   Functions as a line of business subject matter expert in the development of cross line of business/cross channel project risk assessments   Liaises with Business ORM on residual risk mitigation strategies for covered initiatives   Participates in post implementation review to assess potential new or emerging residual risks   Exports best practices and common risk, controls and corrective actions through Framework Papers   Ensures that Citi wide KORs and KRCIs are communicated and understood by Businesses   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.

10+ years relevant experience   Significant experience in Operational Risk is a must . Other risk and control disciplines would be a plus – credit, and market.   Experience in Internal Audit or Financial Control would be desirable.   Expertise in the following would be beneficial: New/Change Initiative Risk Assessment, Fraud Awareness and Risk Management Operations and Systems (Information Security Standards, Vendor/Outsourcing Management and MCA Legal and Regulatory Compliance Management of a global operations and a complex environment that includes global teams.   Excellent communication skills – verbal & written – including experience