In Business Control Officer, Citi

Citi

Location:
Mexico, Ciudad De Mexico

Category:
Finance

Contract Type:
Employment contract

Salary:

Not provided

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Job Description:

The In Business Control Officer (IBCO) is responsible for overseeing control management activities such as MCA self-assessments, governance reporting, compliance with policies, and regulatory adherence. The role involves leading control-related projects, managing examinations, and supporting the business with effective risk management.

Job Responsibility:

Leads quarterly and annual Managers Control Assessment (MCA) self-assessments and completion of all control related assessments on behalf of the business
Verifies that new or modified products are reviewed through the appropriate governance routines and processes and that these are launched with adequate controls, which can be monitored and reported
Provides support when requested by global, regional or local teams on Scenario Analysis (SA) process (defined at Business Segment Level) ensuring timely and accurate data submission
Performs SA trigger monitoring
Ensures that controls are in place, so Operational Risk Events are timely and accurately reported into Op. Losses-OpenPages
Co-responsible, with the business process owners, of the Business as Usual activities related to the design, establishment and updating of measures and controls
Verifies that the Business follows the Grupo Financiero Banamex Issue Management Policy to analyse and document issues and establish corrective action plans
Verifies that self-identified issues and their corresponding Corrective Action Plans (CAPs) are registered in the OpenPages system as stated in the Grupo Financiero Banamex Issue Management Policy
Provides Business Head with information on known issues
Acts as the Business Coordinator point of contact on examinations during planning, fieldwork and closing
Oversees that issues raised during examinations are registered in OpenPages
Partners with Compliance, Legal and Business, for the analysis of applicable regulations and rules (new or modified) and incorporates them in the Regulatory Control Matrix (RCM) and the mapping into the MCA
Assist his/her business with the implementation of regulatory initiatives
Partners with Business and Policy Owners (Global, Regional & Local as applicable) for the analysis of their policies (new or modified)
verifies that these Policies are mapped into the MCA
Assists his/her business´s key policy initiatives implementation as defined by the GFB IBCO Head and Local Policy Owner (e.g. Records Management, Business Continuity, Regulatory Change Management, Third Party Management, Data Management, etc)

Requirements:

10+ years of experience in operational risk management, compliance, audit, or other control-related functions in the financial services industry
Ability to identify, measure, and manage key risks and controls
Track record leading Control related projects and programs
Ability to see the big picture with high attention to critical details
Develop and implement strategy and process improvement initiatives
Comprehensive knowledge of Citi’s businesses and functions and their risk profiles
Developing new ideas and improving current processes to proactively mitigate risks
Requires an ability to provide challenge and make recommendation for risk and controls remediation
Expert knowledge in the development and execution for controls
Proven experience in control related functions in the financial industry
Proven experience in implementing sustainable solutions and improving processes
Expert understanding of compliance laws, rules, regulations, and best practices
Deep understanding of Citi’s Policies, Standards, and Procedures
Strong leadership, decision-making, and problem-solving skills
Strong analytical skills to evaluate complex risk and control activities and processes
Ability to deliver compelling presentations and influence executive audiences
Strong sense of accountability and ownership, with strong results orientation
Excellent communication skills
ability to engage and inspire across stakeholder groups
Exceptional command in Microsoft Office suite, particularly Excel, PowerPoint, and Word

Nice to have:

Post-Graduate or Master Degree desirable
5+ years of experience in successfully managing control strategic programs
Financial services industry experience desirable
Relevant compliance, risk and control knowledge required
Financial markets Mexgaap and US regulation familiarity
FX and Rates products expertise
Sales practices knowledge
Derivatives and Fixed income products understanding
Market/Credit risk related to markets products

What we offer:

Equal opportunity employer
Accessibility accommodations for individuals with disabilities
Inclusivity across stakeholder groups

Additional Information:

Job Posted:
September 03, 2025

Employment Type:

Fulltime

Work Type:

On-site work

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In Business Control Officer