Payments In-Business Risk and Controls Lead - SVP

Citi is a leading global bank with operations in approximately 90 countries. They are seeking a Payments In-Business Risk and Controls Lead to manage operational and compliance risk for their Payments business, focusing on product innovations in e-commerce, fintech, and digital assets.

Responsibilities:

• Manage the pipeline of new initiatives in accordance with the New Activity Policy and Procedure; coordinate with product partners and lines of defense stakeholders to expediate reviews and approvals of new initiatives; support the coordination of Business Risk Review meetings
• Assess the effectiveness of existing controls, identifying areas for improvement, and implementing necessary changes. Continually drive and manage controls enhancements focused on increasing efficiency and reducing risk
• Support oversight of the MCA program as it pertains to the Sub-Assessment Units (SAUs) for the specific products, including conducting analysis on key risk drivers and proposing action plans for remediation of any deficiencies or out of risk appetite metrics
• Support the monthly and quarterly production of the risk and control forums for the products including coordinating the meetings and stakeholders, managing agenda items, and ensuring follow-up on action items
• Responsible for the coordination and comprehensive management of issues with key stakeholders
• Manage the Product Risk Reviews and Product Approval Programs in collaboration with the product teams to ensure consistent information exists pertaining to the risk profile of the products
• Support the product teams with internal (Compliance, Operational Risk Management, Internal Audit) and external (regulatory) reviews
• Responsible for compliance with the Escalations Policy and all related tracking and management processes
• Ad-hoc projects and reviews enabling responsible business growth
• 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 behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of teams and create accountability with those who fail to maintain these standards