Controls Lead for Cash Management Operations at Citi

Budapest, Central Hungary, Hungary -

Full Time

Start Date

Immediate

Expiry Date

13 Mar, 26

Salary

0.0

Posted On

13 Dec, 25

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Analytical Thinking, Business Acumen, Communication, Constructive Debate, Controls Assessment, Controls Lifecycle, Escalation Management, Issue Management, Risk Management, Stakeholder Management

Industry

Financial Services

Description

Collaborate with business/product/functional leaders to ensure compliance with all applicable regulatory & policy requirements. Work closely with the product and their stakeholders, as well as Operational Risk management, Independent Compliance Risk Management, Internal Audit, Legal, Operations Controls and other cross functional partners to assess and strengthen the control environment. Provide leadership in an evolving and increasingly complex regulatory environment. Execute governance model and drive cultural change, embedding practices which mitigate risk. Establish and oversee the application of operational risk policies, control automation efforts, technology and tools, and governance processes to create lasting solutions for minimizing losses from failed internal processes, inadequate or failed controls, and emerging risks. Independently assess risks and drive actions to address the root causes that persistently lead to operational risk losses by challenging both historical and proposed practices. Facilitate accurate and appropriate reporting of operational risks, issues and controls to senior management and various committees or forums. Identify emerging operational risks in the context of the current economic, regulatory and business environment and ensure that measures are being taken to mitigate these risks. Analyze operational risk data and indicators to identify areas of excessive risk, escalates situations that pose excessive risk(s), and engages with relevant functions to mitigate those risks. Perform read-acrosses of Cash Management Operations' processes and controls to self-identify issues Identify root causes of major internal losses and ensure actions are taken to reduce the risk of loss from similar causes. Apply sound ethical judgment regarding personal behavior, conduct and business practices. Escalate, manage and report control issues with transparency. 10+ years of experience in Controls, preferably in financial services, Cash Management, Liquidity, Treasury, Markets Operations, Treasury and Trade Solutions or Risk. Experience managing large projects in complex operational and regulatory environments. Solid leadership track record. Ability to work effectively in a cross-functional organization. Ability to balance strategic priorities with tactical actions. Proven track record and accountability in making quick decision that have an immediate impact on business financials. Demonstrated understanding of business or product procedures, financial services, control and regulatory industry knowledge. Excellent communication skills and fluency in both written and verbal English language are required in order to facilitate reviews with senior stakeholders and control partners. Effective organizational influencing skills required. Excellent Power Point skills required including senior level presentations and ability to tell a story. 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. Then apply to discover the true extent of your capabilities. LI-EV1 ------------------------------------------------------ Job Family Group: Controls Governance & Oversight ------------------------------------------------------ Job Family: Cross-disciplinary Controls ------------------------------------------------------ Time Type: Full time ------------------------------------------------------ Analytical Thinking, Business Acumen, Communication, Constructive Debate, Controls Assessment, Controls Lifecycle, Escalation Management, Issue Management, Risk Management, Stakeholder Management. ------------------------------------------------------ For complementary skills, please see above and/or contact the recruiter. ------------------------------------------------------

Responsibilities

The Controls Lead will collaborate with various stakeholders to ensure compliance with regulatory requirements and strengthen the control environment. They will also assess risks, report issues to senior management, and drive actions to mitigate operational risks.