Vice President - Business Risk & Control

Hiring Assistant Vice President- Business Risk and Control for Chennai Location.

Experience- 10-18 Yrs

Job Location- Chennai (Work from office)

Diversity only

Job Description:

- Contribute to governance and the facilitation of the execution of the Manager Control Assessment (MCA, i.e.. Risk & Control Self-Assessment) as required by the MCA Standard including the assessment and appropriate approval of risk associated with business changes.

- Motivate and manage large teams in the quality, completeness, and accuracy of the implementation of the Control Framework, including Risk Control Policy, Control Standard, Issue Management Policy, Lesson Learned Policy and Control Inventory.

- Participate in the review and challenge process, on the effective design and management of controls to mitigate risks as required by the Control Standards, including implementation and operation, conducting the control monitoring, handling deficiencies, and escalating issues for resolution.

- Contribute to the timeliness, accuracy and completeness of the MCA through controls prior to the execution of a process (QC).Support with adherence to the MCA Standard through controls after the execution of a process (QA).

- Actively deals with Operational and Compliance Risk in accordance with established Policy requirements.

- Perform detailed analysis to identify, assess, escalate, and manage risk exposures across Risk Categories (Operational Compliance, Strategic, Reputational, etc), including material, emerging and concentration risks in accordance with enterprise Policies and the establishment of Key Indicators to monitor risk exposures.

- Support Risk Appetite and monitor / assess exposures against this in accordance with enterprise requirements (if applicable).Support with the process to identify, assess, record and response to Operational and Compliance Risk events, ensuring these are captured accurately, timely and in accordance with requirements.

Team Management Responsibilities:

- Handle a team and ensure appropriate coaching & support is provided

- Foster an environment of learning and development

- Drive a strong emphasis on adherence to Citi culture, leading by example

- Ensure a robust performance management system is followed

- As a successful candidate, you'd ideally have the following skills and exposure:

- 10-18 years of relevant experience in Operational Risk/ Enterprise Risk Management/ Business Risk Management including team management

- Project management and governance experience with demonstrated ability to achieve and exceed critical milestones

- Must have Outstanding leadership, communication, and influencing skills as this leader will work with senior leaders, business partners on a regular basis.

- Ability to foster working relationships with other leaders across multiple lines of business

- Demonstrated judgement and critical thinking skills

- Management of a global operations and a complex environment that includes global teams

- Strong sense of accountability and ownership, with strong results orientation

- Demonstrated understanding of operational risk and gap identification

- Flexible to work in Night Shifts