Manager - Risk & Control - BFSI

Manager Risk and Control-16002009

Fin Rep Analyst 3 - Manager Risk and Control-16002009

Description :

Fin Rep Analyst 3

Business/Department Objectives :

Finance and Risk Operations (FRO) is a part of Company, and is responsible for delivering Financial, Regulatory and Risk Reporting solutions to all of company businesses and regions through four global, located strategically in Tampa (USA), Manila (Philippines), Mumbai (India) and San Jose (Costa Rica). FRO is a key business partner to Citi Finance as well as the Risk organization

Core Responsibilities :

Act as a Consultant to FRO organization to build robust controls landscape and enable receptive culture towards dynamic risk environment with center growth.

The key responsibilities are :

- Ensure timely risk assessment of new and existing processes and reduce risk exposure

- Closely work with operational leads, Managers, BISO, Legal, Compliance and send site business partners as R&C representative

- Work with Teams and global partners in Business Continuity Planning, Disaster Recovery and COB management

- Enhance knowledge of products, Control & Operational Risk, provide with insightful updates and health scorecard on effectiveness of IS Controls

- Work closely with business teams for facilitating data privacy clearances

- Review PRCM ( Process Risk Controls Metrics ) for processes within FRO and identify gaps

Day-to-Day Responsibilities :

The role entails following duties :

Control and Analysis :

- Review current Manager Control Assessment (MCA) to identify weaknesses in process or controls and highlight where process can be improved

- Back testing and review of controls to ensure effectiveness and robustness of control's procedures

- Work with Teams and global partners in Business Continuity Planning, Disaster Recovery and developing BCP

- Be a one-stop-shop for all CoB related matters and work with India/send site CoB team to drive the Annual CoB Program

- Ensure compliance with CoB Policy and Program as well as local regulations and provide guidance to site COE businesses where required

- Actively manage crisis events working with business seniors and key stakeholders including the Country Crisis Management Team; keeping in-country and regional senior management apprised of the latest status, impact, etc.

- Assist unit in the annual CoB attestation

- Enable teams to develop full procedure and process flow leveraging Blueworks

- Proactively capture risks and track closure of open items for the center

- Actively partner in remediation of issues and liaison within varied functions across organization

- Train and coach teams on controls and regulatory and information security compliance aspects within unit

- Closely track Entitlement reviews for the team and raise flag for potential lapses

- Assists the businesses in the completion of the IS Risk Assessments and other related IS-related compliance processes, ensuring that they are understood, appropriate controls are embedded in the day-to-day operations, and remediation of non-compliance is documented and addressed

- Address IS incidents by following the CTI SIRT (Security Incident and Response Team) process

- Ensure appropriate validation of CAPs/Issues takes place before closure

- Provide appropriate communication to enable the department of upcoming new policies and provide an impact assessment

Qualifications :

Education :

- Bachelor's Degree (or equivalent). Accountancy/audit qualification

- PG - Any PG Course

Experience :

Desired Expertise and Requirements :

- Candidate should have minimum 5-8 years of experience in Process Control and Risk Assessment, Project assurance and governance

- Experience in the identification of risk, evaluation of processes and documentation of process flows depicting corresponding controls

- Understanding of Business Risks and Exposure

- Experience in Business Continuity Planning, Disaster Recovery and developing BCP

- Knowledge of Information security controls in Finance world

- Hand-on experience on Risk and control self-assessment

- Technical expertise/Industry certification will be an added advantage

- Certifications: Any Risk Management related certification

Skills :

- Strong people management skills to liaise with stakeholders, Auditors, COB Partners along with global teams

- Works as part of a global team, the individual is expected to be self-motivated, proactive and keen to drive change with responsibility of team stationed at multiple locations

- Excellent verbal and written communication and strong interpersonal skills

- Attention to detail and the ability to develop and follow a structured logical methodology are key attributes

- Working well under pressure the individual must have excellent time management skills and multitask extensively

- Strong MIS and presentation skills