ABOUT CITCO:

The Citco Banks offer our clients the ability to transact, place cash on deposit and access foreign exchange markets and loan facilities. Operating from multiple locations globally, we provide custody and depositary services and credit facilities, with our solutions fully integrated with our fund administration and corporate and trust offerings.

• Actively support the First Line in implementing the Operational Risk Management program components, including but not limited to: risk event and action plan management, Risk & Control Self-Assessments, Key Risk Indicators, etc. and monitor for adherence to requirements, escalating concerns where required;
• Actively support the First Line business managers in designing, assessing and managing the control environment, develop and support a consistent best practice design and the effective execution of internal controls;
• Identifying, documenting and assessing key controls for testing on a pro-active basis;
• Champion behaviors that embed a strong risk management culture across the company;
• Foster strong stakeholder management to enable active and collaborative working relationships;
• Coordination/facilitation of the control testing process, which is outsourced to a Shared Service Centre;
• Governance: ensure efficient organization and execution of operational risk governance committees including preparation and coordination of meeting materials, drafting minutes and being an active participant/chair of the meeting;
• Reporting: Provide a monthly OCM report, presented to various committees, as well as any requested ad hoc report;
• Support the Head of OCM and the rest of the team in undertaking ad-hoc projects, as assigned by the Head of OCM.