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Third Party Management Risk Analyst, Assistant Vice President (EMEA)
CitiTaguig, Metro Manila, Philippines1 day ago
Job descriptionRepresent business leadership in Third-Party Risk Management activities coordination and facilitation. Evaluate market conditions and provide insight into trends that could impact the business. Advise on third-party risk assessments and reassessments. Verify third-party compliance to required policies and controls. Partner with operations and tech teams for on-site visits of third parties when necessary. Maintain and update Exit Strategy Plans as required. Address escalations of non-performance and contractual issues with third parties when necessary. Monitor third-party performance and service level agreements. Ensure proper execution and upload of third-party contracts in Contract Management System. Review, prioritize, assess, and act on third-party risk management assessments results. Facilitate remediation of issues or gaps identified during ongoing monitoring. Define risk mitigation strategies based on business' risk appetite. Strive for supplier optimization and efficiency. Liaise with Third Party Utility for centrally conducted third-party risk management activities. Assess risk when making business decisions. Participate in the identification, measurement, monitoring, and reporting of risks. Assist in the development and implementation of operational risk management protocols. Engage in third-party risk management audits and product oversight reviews. Design strategies to improve current processes and advocate for risk reduction strategies. Support the development, execution, and analysis of reports. Promote operational risk management best practices. Is an enthusiastic and early adopter of change; takes ownership for helping others see a better future and stay positive during uncertainty. Demonstrates and inspires curiosity in seeking new ways to overcome challenges; actively applies learning from failures. Challenges self and others to seek out and communicate alternative views even when unpopular; welcomes diverse ideas to improve outcomes. Acts as a change catalyst by identifying and helping others see where new ideas could benefit the organization. Proactively seeks to understand and act in alignment with organizational decisions; helps others prioritize team and enterprise success over their own personal agenda Focuses on highest-priority work aligned to business goals; helps others effectively manage competing priorities. Proactively identifies opportunities to streamline work; creates process improvements that enhance efficiency for self and the team. Takes personal accountability for escalating, identifying, and managing potential risk; implements controls that enhance the client experience and operational effectiveness. Anticipates problems and proactively identifies solutions that address the root causes and result in meaningful improvements. Sets high expectations and invests the necessary effort to deliver excellence and exceed performance goals. Role-models and helps others to do the right thing for clients and Citi in all situations, even when difficult Engages key stakeholders early and often and actively looks for opportunities to improve collaboration in achieving common goals. Proactively seeks out opportunities to volunteer in Citi programs that support the community; advocates for solutions that meet the needs of Citi’s clients and the community. Enthusiastically promotes the unique needs and preferences of colleagues; makes active commitment to help colleagues achieve balance, well-being, and development. Leverages varied networks to recruit diverse talent; advocates for colleagues with diverse skillsets, styles, and experiences to gain career opportunities. Empathetically listens and understands others’ positions before acting on issues; works to amplify voices that are minimized in the workplace 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 5-8 years of experience Knowledge in risk management, particularly Resilience and Third-Party Risk Management. Understanding of Third-Party Management policy and procedures. Familiarity with risk governance structures and risk appetite parameters. Ability to create, apply, and analyze MIS of reports. Background in the implementation of third-party and resilience risk processes across various sectors and regions. Experience in conducting comprehensive third-party and resilience risk management reviews. Knowledge of relevant regulations and standards related to risk management, and ability to ensure compliance. Adapt to work across a diverse organization, managing various sectors and regions. Utilize strong analytical skills to interpret complex data and present it in a clear and understandable manner. Identify and address potential risks, ensuring adherence to regulatory standards. Communicate effectively with various stakeholders, providing counsel and collaborating on risk management strategies. Utilize project management skills to oversee risk reviews and implement mitigation efforts. Challenge established practices, showing adaptability and critical thinking in diverse organizational contexts. Solve complex problems by identifying and addressing root causes leading to operational risk losses.
Third Party Management Risk Analyst, Assistant Vice President (EMEA)
Citi Taguig, National Capital Region, Philippines
At Citi , we get to connect millions of people across hundreds of cities and countries every day. And we've been doing it for more than 200 years. We do this through our unparalleled global network. We provide a broad range of financial services and products to our clients – whether they be consumers, corporations, governments or institutions – to help them meet their biggest opportunities and face the world's toughest challenges.
Shape your Career with Citi
Citi’s Human Resources (HR) team helps Citi to attract, retain and develop our employees across the globe. The team does this through supporting key areas including recruiting, diversity, global learning and talent development, benefits, compensation and employee relations.
We’re currently looking for a high caliber professional to join our team as Assistant Vice President, Third Party Management Risk Analyst - Hybrid based in Manila, Philippines . Being part of our team means that we’ll provide you with the resources to meet your unique needs, empower you to make healthy decision and manage your financial well-being to help plan for your future.
- Citi provides programs and services for your physical and mental well-being including access to telehealth options, health advocates, confidential counseling and more. Coverage varies by country.
- Citi provides access to an array of learning and development resources to help broaden and deepen your skills and knowledge as your career progresses.
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.
Responsibilities :
Qualifications :
Education : Bachelor's / University degree or equivalent experience
Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.
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Management Assistant • Taguig, Metro Manila, Philippines
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