Let’s get started
By clicking ‘Next’, I agree to the Terms of Service
and Privacy Policy
Jobs / Job page
Operational Risk Senior Officer (Hybrid) image - Rise Careers
Job details

Operational Risk Senior Officer (Hybrid)

The Operational Risk Senior Officer is a strategic professional who closely follows latest trends in own field and adapts them for application within own job and the business. Typically, a small number of people within the business that provide the same level of expertise. Excellent communication skills required in order to negotiate internally, often at a senior level. Developed communication and diplomacy skills are required in order to guide, influence, and convince others, in particular colleagues in other areas and occasional external customers.Accountable for significant direct business results or authoritative advice regarding the operations of the business. Necessitates a degree of responsibility over technical strategy. Primarily affects a sub-function. Responsible for handling staff management issues, including resource management and allocation of work within the team/project.What You’ll Do• 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 a subject matter expert for all performance issues that surface. • Issues Management (KPI/KRI/Corrective Action Plans).• Resolves transactional level escalations coming from the vendor or internal partners Analyses a multitude of scorecards/performance management tools in an attempt to mitigate exposure (risk/financial/regulatory).• Monitors goals are met through performance, risk and relationship oversight of our extended supply chain and ensures compliance.• Collaborates to resolve any issues which fall within the terms of the contract. Escalate those that require commercial or legal support.• Develops and maintains relationships across the business users and Lines of Defense to better understand and deliver customer requirements by responding to changes in the internal and external business environment.• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets.• Drive 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.What we’ll need from you• Ability to review current structure and alignment of Operational Risk policy documents and lead enhancement initiatives as appropriate.• Proven track record of success governing operational risk ahead of policy approval committees.• Outstanding communication and influencing skills through all levels of the organization and with external partners and vendors.• Exceptional relationship management skills; must be able to address and resolve conflict while maintaining relationships.• Detailed oriented with analytical skills, as the role requires a large amount of data manipulation and presentation.• Expert in Microsoft Office Tools • Bachelor’s/University degree, Master’s degree preferred.What We Offer• Working in an international environment in one of the greatest financial institutions worldwide.• An enjoyable and challenging learning path, which leads to a deep understanding of Citi’s products and services.• Competitive salary and social benefits (medical care, multisport, life insurance, award-winning pension plan, holiday allowance, hybrid work model, paternity/maternity scheme, award/recognition system, very lucrative employee referral program, and other).• Consideration for a yearly bonus International projects in a culturally diverse and dynamic environment as well as learning top quality organizational culture.• A supportive workplace for professionals returning to the office from childcare leave.• Abundance of internal job opportunities locally and globally.• Review the current structure and alignment of Operational Risk Policy documents and lead enhancement initiatives as appropriate.• Govern ORM's view ahead of policy approval committees.------------------------------------------------------Job Family Group:Risk Management------------------------------------------------------Job Family:Operational Risk------------------------------------------------------Time Type:Full time------------------------------------------------------Primary Location:Getzville New York United States------------------------------------------------------Primary Location Full Time Salary Range:$115,840.00 - $173,760.00In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.------------------------------------------------------Anticipated Posting Close Date:Dec 10, 2024------------------------------------------------------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
Citi Glassdoor Company Review
3.9 Glassdoor star iconGlassdoor star iconGlassdoor star icon Glassdoor star icon Glassdoor star icon
Citi DE&I Review
No rating Glassdoor star iconGlassdoor star iconGlassdoor star iconGlassdoor star iconGlassdoor star icon
CEO of Citi
Citi CEO photo
Jane Fraser
Approve of CEO

Average salary estimate

$144800 / YEARLY (est.)
min
max
$115840K
$173760K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Operational Risk Senior Officer (Hybrid), Citi

Are you ready to step into a pivotal role with Citi as an Operational Risk Senior Officer in Getzville, NY? This position is all about being proactive in identifying and managing operational risks while ensuring compliance and seamless operations across the board. In this hybrid work environment, you will have the unique opportunity to work both independently and collaboratively with various teams. Your expertise will be crucial as you oversee operational risk policies, assess risk management practices, and strive to implement innovative solutions that mitigate losses. You'll need to possess excellent communication skills to influence and negotiate with senior-level colleagues as well as external partners. Your analytical prowess will help you manage and analyze performance data, ensuring the operational standards are upheld and risk exposures are minimized. If you enjoy establishing solid relationships and guiding teams on navigating risks while complying with regulations, this job would be a perfect match. You’ll be responsible for enhancing operational risk policies and providing significant insights to various levels within Citi. From resolving transactional escalations to leading governance initiatives, you'll be at the forefront of maintaining Citi's reputation as a leading financial institution. If you have a keen eye for detail, proven success in operational risk management, and a knack for fostering relationships, then we would love to have you on board.

Frequently Asked Questions (FAQs) for Operational Risk Senior Officer (Hybrid) Role at Citi
What are the responsibilities of the Operational Risk Senior Officer at Citi?

As an Operational Risk Senior Officer at Citi, your primary responsibilities include establishing and overseeing the application of operational risk policies and governance processes. You will assess risks, drive actions to address root causes, and serve as a subject matter expert for performance issues. Additionally, you will resolve escalations, analyze performance scorecards, oversee compliance, and foster strong relationships across various teams and external vendors.

Join Rise to see the full answer
What qualifications are necessary for the Operational Risk Senior Officer position at Citi?

To qualify for the Operational Risk Senior Officer position at Citi, a Bachelor's degree is required, while a Master's degree is preferred. You should have a proven track record in governing operational risk, exceptional communication and relationship management skills, and proficiency in data manipulation and analysis. Expertise in Microsoft Office tools is also essential for this role.

Join Rise to see the full answer
How does Citi support work-life balance for the Operational Risk Senior Officer role?

Citi promotes a hybrid work model that fosters work-life balance for the Operational Risk Senior Officer. The company offers flexible working arrangements and supports professionals returning from childcare leave. This commitment to balance helps ensure that you can succeed in your role while maintaining personal well-being.

Join Rise to see the full answer
What career development opportunities exist for the Operational Risk Senior Officer at Citi?

Citi provides ample career development opportunities for its Operational Risk Senior Officers, including participation in international projects, internal mobility options, and access to training programs. These opportunities help you deepen your understanding of Citi’s products and services while advancing your professional skills.

Join Rise to see the full answer
What benefits can an Operational Risk Senior Officer expect at Citi?

An Operational Risk Senior Officer at Citi can expect a competitive salary along with a robust benefits package that includes medical, dental, and vision coverage, a 401(k) plan, life insurance, and wellness programs. There are also paid time off policies, a hybrid work model, award/recognition systems, and potential yearly bonuses.

Join Rise to see the full answer
Common Interview Questions for Operational Risk Senior Officer (Hybrid)
Can you describe your experience with operational risk management?

In responding to this question, highlight specific examples of your previous roles where you successfully identified, assessed, and mitigated operational risks. Discuss any methods or frameworks you implemented and the outcomes that were achieved.

Join Rise to see the full answer
How would you approach developing operational risk policies?

Demonstrate your strategic thinking by outlining a structured approach, beginning with assessing current policies, identifying gaps, engaging stakeholders, and leading enhancement initiatives to ensure alignment with business objectives.

Join Rise to see the full answer
What tools do you use for risk analysis and management?

Mention any specific risk management tools or software you have experience with, explaining how they help in performance management. Look to include any analytical techniques you've applied to improve operational efficiencies.

Join Rise to see the full answer
How do you handle conflicts with internal partners or vendors?

Share an example of a conflict you've resolved and the negotiation strategies you've employed, emphasizing your communication skills and your ability to maintain relationships while addressing the issues.

Join Rise to see the full answer
What metrics do you believe are best for monitoring operational risk?

Discuss various key performance indicators (KPIs) and key risk indicators (KRIs) that you find effective. Explain how they provide insights into risk exposures and operational effectiveness for continuous improvement.

Join Rise to see the full answer
Can you give an example of a time you improved an operational process?

Provide a specific instance where your initiatives led to enhanced operational efficiency or reduced risk exposure, detailing the steps you took and the measurable results achieved.

Join Rise to see the full answer
How do you stay updated on operational risk trends and regulations?

Talk about your commitment to continuous learning, through methods like attending industry conferences, following thought leaders, participating in webinars, or reading relevant publications to ensure you're knowledgeable about current trends.

Join Rise to see the full answer
What role does communication play in managing operational risks?

Emphasize the importance of clear and effective communication in risk management, highlighting how it aids in collaboration, issues resolution, and ensuring alignment across teams for successful operational governance.

Join Rise to see the full answer
What steps would you take if you identified a significant operational risk?

Outline the immediate steps you would take, such as conducting a thorough risk assessment, escalating the issue to relevant stakeholders, and devising a corrective action plan to mitigate the risk effectively.

Join Rise to see the full answer
Why do you want to work as an Operational Risk Senior Officer at Citi?

Express your enthusiasm for joining a leading financial institution like Citi, emphasizing your passion for operational risk management and how your values align with Citi’s commitment to excellence and ethical practices.

Join Rise to see the full answer
Similar Jobs
Photo of the Rise User
Posted 9 days ago
Inclusive & Diverse
Rise from Within
Mission Driven
Diversity of Opinions
Work/Life Harmony
Photo of the Rise User
Posted 8 days ago
Inclusive & Diverse
Rise from Within
Mission Driven
Diversity of Opinions
Work/Life Harmony
Photo of the Rise User
Posted 2 days ago
Photo of the Rise User
Posted 8 days ago
Inclusive & Diverse
Rise from Within
Mission Driven
Diversity of Opinions
Work/Life Harmony
Photo of the Rise User
Posted 5 days ago
Posted 6 days ago

Citi’s mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. Our core activities are safeguarding assets, lending money, making payments and accessing the capi...

227 jobs
MATCH
Calculating your matching score...
CULTURE VALUES
Inclusive & Diverse
Rise from Within
Mission Driven
Diversity of Opinions
Work/Life Harmony
FUNDING
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
EMPLOYMENT TYPE
Full-time, hybrid
DATE POSTED
December 5, 2024

Subscribe to Rise newsletter

Risa star 🔮 Hi, I'm Risa! Your AI
Career Copilot
Want to see a list of jobs tailored to
you, just ask me below!