Job Description
Analyst will provide support to the Risk Assessment and Control Design Lead for the Wealth Sales & Advisory, and New Product Approval.
This role is instrumental in assisting with the design, development, and continuous enhancement of Citi's comprehensive controls program Sales and Advisory.
The incumbent will be responsible for providing in-depth analysis and support for assessing control effectiveness, driving risk mitigation strategies, ensuring adherence to regulatory and internal policies, and contributing to overall risk management excellence within the UAE Wealth Business, under the direct guidance of the Lead based out of UAE.
Responsibilities:
Provide analytical support for the design and development of Citi's comprehensive controls program tailored for Investment, Insurance, FX Sales & Advisory.
Support the assessment of existing controls' effectiveness within Sales & Advisory, identifying areas for improvement, and supporting the implementation of necessary changes.
Proactively support and contribute to driving and managing controls enhancements focused on increasing efficiency and reducing risk within investment, insurance, and FX sales and advisory operations.
Coordinate with key stakeholders and process owners to support management decisions aimed at maintaining operations within the bank's policies and procedures.
Assist in assessing the business/function risk appetite in line with changes in the business environment, regulatory requirements, and strategic objectives.
Support the collaboration with key stakeholders to analyse potential risks and support the development of risk mitigation activities.
Partner with business and related functions in the coordination and analysis of the regulatory change management process and new product approvals.
Support the execution of the Enterprise Risk Management Framework and adherence with Risk Management / Compliance Policies.
Provide analyst support and collaboration with business and functions to analyse control processes and identify potential areas for improvement.
Support the Controls Lead to prepare and provide regular analytical updates to senior management on the performance of controls assessment and design.
Provide analytical support to appropriately assess risk during business decisions, considering the firm's reputation and compliance with applicable laws, rules, and regulations.
Support the coordination of internal audits and regulatory reviews, providing necessary analytical support with audit and examination deliverables, and tracking engagements, issues, and Corrective Action Plans (CAPs).
Contribute to the control function coverage for global risk management programs, such as EUC, Models, Operational Loss Management, New Product Approval, Digital Monitoring Tools, and Lessons Learned exercises.
Qualifications and Competencies:
Minimum of 8-10 years of experience in regulatory change management, compliance, audit, or other control-related functions in the financial services industry.
Demonstrated experience with regulatory inventory management and internal control programs.
Strong understanding of relevant financial services regulations (e.g., AML, KYC, consumer protection, data privacy, prudential regulations) is highly valued.
Exceptional analytical skills with the ability to interpret complex regulatory texts, assess their practical implications, and identify root causes of risk.
Excellent written and verbal communication skills, with the ability to articulate complex issues clearly and concisely to diverse audiences, including senior management and regulators.
Proven project management and organizational skills, with the ability to manage multiple priorities and meet tight deadlines.
High level of attention to detail and accuracy.
Proficiency in Microsoft Office Suite (Excel, PowerPoint, Word)
Familiarity with and/or knowledge of Retail Banking and Wealth Management products and services is a plus.
Education:
Bachelor's/University degree or equivalent experience
Provide support to UAE onshore Business Risk and Controls teams for the UAE Wealth business. Undertake activities and projects in line with direction of UAE Wealth Controls Head.
Job Family Group:
Controls Governance & Oversight
Job Family:
Assessment & Design
Time Type:
Full time
Most Relevant Skills
Analytical Thinking, Business Insights, Communication, Constructive Debate, Controls Lifecycle, Issue Management, Process Design, Program Management, Risk Management, Stakeholder Management.
Other Relevant Skills
For complementary skills, please see above and/or contact the recruiter.
Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, ****** orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.
If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.
View Citi's EEO Policy Statement and the Know Your Rights poster.
This role is instrumental in assisting with the design, development, and continuous enhancement of Citi's comprehensive controls program Sales and Advisory.
The incumbent will be responsible for providing in-depth analysis and support for assessing control effectiveness, driving risk mitigation strategies, ensuring adherence to regulatory and internal policies, and contributing to overall risk management excellence within the UAE Wealth Business, under the direct guidance of the Lead based out of UAE.
Responsibilities:
Provide analytical support for the design and development of Citi's comprehensive controls program tailored for Investment, Insurance, FX Sales & Advisory.
Support the assessment of existing controls' effectiveness within Sales & Advisory, identifying areas for improvement, and supporting the implementation of necessary changes.
Proactively support and contribute to driving and managing controls enhancements focused on increasing efficiency and reducing risk within investment, insurance, and FX sales and advisory operations.
Coordinate with key stakeholders and process owners to support management decisions aimed at maintaining operations within the bank's policies and procedures.
Assist in assessing the business/function risk appetite in line with changes in the business environment, regulatory requirements, and strategic objectives.
Support the collaboration with key stakeholders to analyse potential risks and support the development of risk mitigation activities.
Partner with business and related functions in the coordination and analysis of the regulatory change management process and new product approvals.
Support the execution of the Enterprise Risk Management Framework and adherence with Risk Management / Compliance Policies.
Provide analyst support and collaboration with business and functions to analyse control processes and identify potential areas for improvement.
Support the Controls Lead to prepare and provide regular analytical updates to senior management on the performance of controls assessment and design.
Provide analytical support to appropriately assess risk during business decisions, considering the firm's reputation and compliance with applicable laws, rules, and regulations.
Support the coordination of internal audits and regulatory reviews, providing necessary analytical support with audit and examination deliverables, and tracking engagements, issues, and Corrective Action Plans (CAPs).
Contribute to the control function coverage for global risk management programs, such as EUC, Models, Operational Loss Management, New Product Approval, Digital Monitoring Tools, and Lessons Learned exercises.
Qualifications and Competencies:
Minimum of 8-10 years of experience in regulatory change management, compliance, audit, or other control-related functions in the financial services industry.
Demonstrated experience with regulatory inventory management and internal control programs.
Strong understanding of relevant financial services regulations (e.g., AML, KYC, consumer protection, data privacy, prudential regulations) is highly valued.
Exceptional analytical skills with the ability to interpret complex regulatory texts, assess their practical implications, and identify root causes of risk.
Excellent written and verbal communication skills, with the ability to articulate complex issues clearly and concisely to diverse audiences, including senior management and regulators.
Proven project management and organizational skills, with the ability to manage multiple priorities and meet tight deadlines.
High level of attention to detail and accuracy.
Proficiency in Microsoft Office Suite (Excel, PowerPoint, Word)
Familiarity with and/or knowledge of Retail Banking and Wealth Management products and services is a plus.
Education:
Bachelor's/University degree or equivalent experience
Provide support to UAE onshore Business Risk and Controls teams for the UAE Wealth business. Undertake activities and projects in line with direction of UAE Wealth Controls Head.
Job Family Group:
Controls Governance & Oversight
Job Family:
Assessment & Design
Time Type:
Full time
Most Relevant Skills
Analytical Thinking, Business Insights, Communication, Constructive Debate, Controls Lifecycle, Issue Management, Process Design, Program Management, Risk Management, Stakeholder Management.
Other Relevant Skills
For complementary skills, please see above and/or contact the recruiter.
Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, ****** orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.
If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.
View Citi's EEO Policy Statement and the Know Your Rights poster.
💡 Quick Summary
Seeking a career-building opportunity? The Vice President- Risk Assessment and Control Design position is now open for candidates interested in the Operations Executive Jobs sector. This role in Chennai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Operations Executive Jobs is a plus.
