Loan Operation Control Officer – Vice President

Recruiter
Citigroup
Location
Holywood
Posted
19 May 2019
Closes
21 May 2019
Sector
Accountancy
Contract Type
Permanent
Hours
Full Time
Job Description - Loan Operation Control Officer – Vice President (19017061)Job Description Loan Operation Control Officer – Vice President-19017061Description About CitiCiti, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Our core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of our clients.Citi’s Mission and Value Proposition explain what we do and Citi Leadership Standards explain how we do it. Our mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. We strive to earn and maintain our clients’ and the public’s trust by constantly adhering to the highest ethical standards and making a positive impact on the communities we serve. Our Leadership Standards is a common set of skills and expected behaviors that illustrate how our employees should work every day to be successful and strengthens our ability to execute against our strategic priorities.Diversity is a key business imperative and a source of strength at Citi. We serve clients from every walk of life, every background and every origin. Our goal is to have our workforce reflect this same diversity at all levels. Citi has made it a priority to foster a culture where the best people want to work, where individuals are promoted based on merit, where we value and demand respect for others and where opportunities to develop are widely available to all.Description:This is lead Line Control Officer (“LCO”) for NAM Loans Ops, a large and complex Operating unit. The LCO is responsible for working with management to assist in ensuring Business Unit is well controlled and in compliance with control-related policies and procedures. The job responsibilities support control activities partnering with Operations, ORM, Compliance, Internal Audit and other stakeholders to deliver all required Operations Control functions. This includes proactively identifying and assessing risks and controls, evaluating and reporting significant control events, interfacing with internal and external audit examiners, and advising on corrective action plans. The individual must maintain strong relationships within the organization to effectively influence changes that improves the control environment.Provide intellectual leadership on internal controls and formulate and implement the department’s internal control program in accordance with MCA and ICG O&T frameworkLead control monthly control forum with Operations Management to review and assess the overall control environment and any required remediation. This includes the documentation of key internal control issues identified by the participants, together with leading the discussion and identification of possible actions to strengthen their controls MCA Program Management and Coordination – Work with MCA partners to assist in the coordination of firm-wide initiatives, proactive identification of control issues; monitoring of MCA issues; and consistency of MCA execution Issue/CAP Management – work with staff and Operations management to identify areas of concern and related risks; develop corrective action plans for significant issues; issuesFacilitate various control forums including Monthly business Review, Near Miss Reduction Strategy, and Quarterly Risk AssessmentsLead Balance Sheet (BSER/NBSER) and other KRI Review CallsComplete "deep dive" reviews as identified by control organization or requested by coverage area management. Evaluate processes to ensure that internal controls are implemented and risks are mitigated related to Operations functions, corporate policies, and regulatory requirementsQualifications Qualifications:Requires in depth understanding of Loan operations and a high level of Risk and Control experience and knowledge. Minimum of 5 years’ experienceUnderstanding of Control Functions and Operational Risk within Citi. Further, in-depth knowledge of Front-to-Back processes and the ability to be highly analytical regarding evaluation of risk & controlsExpertise in establishing and implementing control environments and programs. A record of success in building, servicing, and supporting strategic and tactical initiatives and projects to enhance the operational framework.Excellent problem-solving abilities; strong analytical skills; both quantitative and qualitativeStrong leadership; effective verbal and written communication skills; able to influence othersHighly analytic business leader, strong organizer, motivator, and team builder successful in managing and prioritizing cross-functional initiatives. Results oriented and tenacious EEO Statement: Citi is an equal opportunity and affirmative action employer. Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity Pay Transparency: Citi won’t discriminate against anyone for discussing pay, but those with access to pay data in their work can’t disclose it unless responding to complaints/investigations or legal requirements.Primary Location: NAM-USA-DE-New CastleJob Category: Compliance and ControlSchedule: Full-timeEducation Level: Bachelor's DegreeShift: Day JobEmployee Status: RegularTravel: NoOffice Location / Address: 1615 Brett Road, New Castle, DE

Similar jobs

Similar jobs