Citigroup Inc. Jacksonville , FL 32277
Posted 2 weeks ago
Job Description: Enterprise Controls Testing Team Leader SVP
The Global Functions Control Testing Utility is responsible for the testing of controls that are designed and executed by the Citi's Global Functions teams such as Finance, HR, Operations, Technology, COO & ESPA as well as the CBNA Legal Vehicle.
The Enterprise Controls Testing Team Leader for COO & CBNA reports to the Enterprise Controls Testing Head within the COO organization's Central Controls Capabilities. This is a strategic and execution-oriented management position which along with the Enterprise Controls Testing Head, is accountable for end-to-end controls testing i.e., operational controls performance assurance/testing - which includes design, execution, results reporting, and insight sharing related to the above scope of controls testing. Initially, this role will focus on Maker Checker Controls across segments of the organization in support of Risk Reduction efforts related to the risks identified by IA for Maker Checker type controls.
The Enterprise Controls Testing Team Leader leads and directs a team of approximately 6 to 7 controls testing professionals responsible for supporting the above responsibilities, with breadth and depth on control testing planning and execution. The position closely follows latest trends in controls testing and adapts them for application within own job and covered businesses and functions, and often will be in touch with senior managers at Director or Managing Director levels.
This person will be accountable for controls testing results and advice regarding the controls execution. The role necessitates a degree of responsibility over technical strategy. Responsible for supporting the Enterprise Controls Testing Head on handling staff management issues, including resource management and allocation of work within the team/project.
Responsibilities:
Supports the Controls Testing Utility by assessing control design, designing control testing tools, developing control testing procedures, ensuring control testing transitions, dispositioning exceptions, and developing insights for all controls within COO and CBNA.
Carries key responsibility for Control Design Assessment (CDA) by resolving escalations, defining the work plan, and designing the quality review process.
Performs decision-making of control testing design activity, which includes approving/signing-off, undertaking escalations, and owning Internal Audit and issue management related actions.
Approves testing procedures in Confluence and is responsible for delivering relevant procedures to Internal Audit reviews and issue remediation.
Maintains resource forecast for own team as well as forecasting for successful controls testing transition and Central Execution training.
Has the ultimate decision on controls testing outlier escalations.
Handles control testing interactions with senior managers at Director or Managing Director levels.
Represents control testing in Operational Risk Forums (ORF) and senior meetings as needed and works with each respective team to finalize materials.
Develops and drives quality-checking routines to ensure compliance with all relevant policies, operating guides, and owned control testing.
Supports team members on topics ranging from testing design and execution to performance management and control testing platforms basics.
Helps driving continuous improvements in accuracy, efficiency, timeliness, and quality of MCA control design assessment and controls testing.
Maintains relationships and drives accountability with partners and stakeholders to drive control testing's success in support of the business's strategy.
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 others and create accountability with those who fail to maintain these standards.
Qualifications:
10+ years relevant experience, 5+ years in Risk & Controls roles, 5+ years of direct management experience preferred.
Good understanding of Financial Services products and services.
Subject matter expert on controls design, execution and/or control testing.
Expert-level understanding of MCA (Managers Control Assessment) frameworks and processes.
Advanced skills in MS Word, MS Excel, MS PowerPoint, and MS SharePoint.
In-depth experience with testing tools / harnesses as well as ability to use Business Intelligence software.
Outstanding people and relationship management skills with the ability to influence others and foster a sense of collaboration.
Independent thinker and able to perform a credible challenge of businesses/functions.
Ability to work effectively on virtual teams, including across different geographies and time zones preferred.
Education:
Job Family Group:
Risk Management
Job Family:
Business Risk & Control
Time Type:
Full time
Primary Location:
Jacksonville Florida United States
Primary Location Full Time Salary Range:
$130,880.00 - $196,320.00
In addition to salary, Citi's offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.
Anticipated Posting Close Date:
Aug 12, 2024
Citi is an equal opportunity and affirmative action employer.
Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
Citigroup Inc. and its subsidiaries ("Citi") invite all qualified interested applicants to apply for career opportunities. 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 the "EEO is the Law" poster. View the EEO is the Law Supplement.
View the EEO Policy Statement.
View the Pay Transparency Posting
Citigroup Inc.