Vp, Operational Risk Management, Citi

Citi

Location:
Hong Kong, Kowloon

Category:
Finance

Contract Type:
Not provided

Salary:

Not provided

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Job Description:

Individuals in Operational Risk establish and manage operational risk policies, propose strategies, and governance processes designed to minimize losses from inadequate controls, fraud, and potential bankruptcy. This includes supervision over technology operational risk, cyber risk, and fraud risk. These individuals are also responsible for the development of tools and infrastructure that support fraud monitoring and prevention, using advanced analytical and statistical skills to identify policy gaps and recommend changes to current policies. This role is crucial to the company as it fortifies against potential operational risks, thereby protecting the company's financial stability and reputation, and contributing towards the overall business resilience and success.

Job Responsibility:

Support the design and implementation of enterprise operational risk management procedures and methodologies, including effective application within the businesses
Independently assess operational risks in the business to ensure it is within the acceptable risk appetite
Collaborate with the business to understand its risk profile, assess operational risk exposure, integrate risk mitigation controls, and monitor adherence
Review and challenge the effectiveness of risk mitigation strategies and control measures implemented by the 1st line of defense
Provide regular reporting to senior management and stakeholders on the status of operational risks
Analyze data to identify trends or emerging risks and provide timely recommendations to mitigate risk exposure
Lead initiatives to improve operational risk management practices and enhance organizational resilience
Ensure operational risk management activities comply with internal policies, external regulations, and industry standards
Stay abreast of industry best practices and regulatory changes to assess its impact on operational risk management, and advise the business accordingly
Support the execution of remediation with timely and effective outcomes against regulatory expectations

Requirements:

6-10 years of experience
Previous experience supporting risk management, compliance, governance, or controls related roles
Demonstrated track record of effectively assessing and managing competing priorities
Deep understanding of operational risk concepts, methodologies, and tools
Familiarity with regulatory requirements related to operational risk management
Exposure to enterprise risk management frameworks and knowledge of risk reporting tools and techniques
Understanding of different risk types, e.g. credit, market, liquidity
Experience working in a regulated industry (e.g., banking, finance, insurance, healthcare)
Ability to interact effectively at all levels, develop strong partnerships across the organization, and present complex information clearly to senior management and stakeholders
Strong influencer with a focus on building relationships with the 1st line, while remaining independent and retaining the ability to challenge effectively
Comfortable in dynamic environments, capable of adapting to change while maintaining focus on risk management objectives
Strong stakeholder management skills, with the ability to understand drivers and overcome barriers
High level of integrity and professionalism, with the ability to handle sensitive and confidential information appropriately
Analytical, with the ability to comprehend complexity and engage strategically, analyzing and interpreting large volumes of data
Bachelor's/University degree, Master's degree preferred

What we offer:

Extensive on-the-job training and exposure to senior leaders
More traditional learning
Chance to give back and make a positive impact through volunteerism
Global benefits designed to support well-being, growth and work-life balance

Additional Information:

Job Posted:
August 14, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

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Vp, Operational Risk Management