Vice President, Asset Servicing In-Business Risk & Control Senior Manager, Citi

Citi

Location:
Hong Kong SAR, Kowloon

Category:
Finance

Contract Type:
Not provided

Salary:

Not provided

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Job Description:

Citi provides world-class solutions and an unmatched global presence. This role involves managing risks inherent to the Asset Servicing Business, ensuring compliance, mitigating risks, and designing strategic solutions to enhance processes and frameworks.

Job Responsibility:

Ability to identify and manage risks inherent to the Asset Servicing Business
Complete process walkthroughs to identify existing and emerging enterprise-wide risks whilst assessing the Design Effectiveness of key controls
Manage control issues front to back including identification, root cause analysis, designing strategic solutions to mitigate the inherent risk, overseeing remediation and completing validation to prevent reoccurrence
Propose solutions to implement asset servicing process improvements, client service enhancements, or overall technology enhancements
Advise management on the application of existing and new firm wide policies and standards and ensure management are aware of procedural changes and that these changes are implemented correctly within defined timelines
Manage all communications with Internal Audit including deliverables, walkthrough requests and issue discussions
Support management with ad hoc projects and deliverables to improve the group’s oversight of Risk & Control and Issue Management
Keep Management aware of the risk and control environment including progress of issues and remediation on a timely basis
Utilize strong communication, interpersonal skills to interact with colleagues and stakeholders, and to exchange potentially complex sensitive information, while being sensitive to audience diversity
Support the development of an effective control framework that fully meets Audit, Compliance and Regulatory requirements

Requirements:

Ability to identify and manage risks inherent to the Asset Servicing Business
Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behaviour, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards
Complete process walkthroughs to identify existing and emerging enterprise-wide risks whilst assessing the Design Effectiveness of key controls
Manage control issues front to back including identification, root cause analysis, designing strategic solutions to mitigate the inherent risk, overseeing remediation and completing validation to prevent reoccurrence
Provide detailed analysis of escalated issues when necessary and recommend actions for resolution
Propose solutions to implement asset servicing process improvements, client service enhancements, or overall technology enhancements
Advise management on the application of existing and new firm wide policies and standards and ensure management are aware of procedural changes and that these changes are implemented correctly within defined timelines
Manage all communications with Internal Audit including deliverables, walkthrough requests and issue discussions
Support management with ad hoc projects and deliverables to improve the group’s oversight of Risk & Control and Issue Management
Keep Management aware of the risk and control environment including progress of issues and remediation on a timely basis
Utilize strong communication, interpersonal skills to interact with colleagues and stakeholders, and to exchange potentially complex sensitive information, while being sensitive to audience diversity
Demonstrate an advanced level of understanding of products and processes, and of how duties relate and/or integrate with others in the team and closely related teams
Support the development of an effective control framework that fully meets Audit, Compliance and Regulatory requirements

Nice to have:

Strong risk and control mindset and understanding of Asset Servicing and/or Settlement Lifecycle
Strong analytical and problem-solving skills with an ability to analyze data, identify trends and evaluate risk scenarios
Excellent written and verbal communication and interpersonal skills with a proven ability to effectively engage with stakeholders in other risk related functions including 1st, 2nd and 3rd lines
Strong presentation skills
Ability to work in a structured, high volume, time sensitive, high risk and demanding environment
Working knowledge of Microsoft Suite
Bachelor’s Degree or equivalent experience in Asset Servicing or Risk Management (e.g. Operational Risk Management and/or Internal Audit)

What we offer:

Programs and services for your physical and mental well-being including access to telehealth options, health advocates, confidential counseling
Expanded Paid Parental Leave Policy
Resources to manage financial well-being and help plan for the future
Access to an array of learning and development resources
Generous paid time off packages
Resources and tools to volunteer in the communities

Additional Information:

Job Posted:
May 20, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

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Vice President, Asset Servicing In-Business Risk & Control Senior Manager