Business Risk Officer, Citi

Citi

Location:
Singapore, Singapore

Category:
Finance

Contract Type:
Not provided

Salary:

Not provided

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Job Description:

The Third Party Officer (TPO) is responsible to focus on those third-party relationships which carry the highest risk for Citi’s businesses. The TPO requires in-depth business product knowledge and expertise and will support the management of third-party relationships across all stages of the lifecycle.

Job Responsibility:

complete initial risk assessment for third party and reevaluate as required
identify any significant changes in relationship to trigger update of risk assessment
collaborate with business and other relevant stakeholders to ensure contracts meet Citi requirements
verify third party’s compliance to required policies and controls
interact with BAOs and third parties on escalations of non-performance and contractual issues to drive resolution when appropriate
maintain summary dashboard and manage third party performance, including SLA breaches
review, assess and act on results of Risk Management Assessments/Analysis
lead remediation of any issues or gaps identified from ongoing monitoring
define risk mitigation strategies and risk exceptions based on the business’ risk appetite
monitor exceptions to dispute policy and identify drivers of exceptions
operate with a limited level of direct supervision
exercise independence of judgment and autonomy
act as SME to senior stakeholders and/or other team members
appropriately assess risk when business decisions are made

Requirements:

5-8 years relevant work experience in Business Risk & Controls
MS Excel, MS Access, SAS, SQL, Visual Basic a plus
5+ years’ experience in financial services
consistently demonstrates clear and concise written and verbal communication skills
effective organizational influencing skills required
third party vendor management preferred
demonstrated ability to lead global team efforts
excellent problem solving skills
ability to see the big picture with high attention to critical details

Nice to have:

third party vendor management preferred
MS Excel, MS Access, SAS, SQL, Visual Basic a plus

What we offer:

best-in-class benefits
support system
equal opportunity employer policies

Additional Information:

Job Posted:
May 01, 2025

Employment Type:

Fulltime

Work Type:

On-site work

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Business Risk Officer