01Overview
Discover your future at Citi Working at Citi is far more than just a job. A career with us means joining a team of more than 230,000 dedicated people from around the globe. At Citi, youll have the opportunity to grow your career, give back to your community and make a real impact. Job Overview Whether youre at the start of your career or looking to discover your next adventure, your story begins here. At Citi, youll have the opportunity to expand your skills and make a difference at one of the worlds most global banks.Were fully committed to supporting your growth and development from the start with extensive on-the-job training and exposure to senior leaders, as well as more traditional learning. Youll also have the chance to give back and make a positive impact where we live and work through volunteerism.Shape your Career with CitiCiti Finance is responsible for the firms financial management and related controls. We manage and partner on key Citi initiatives and deliverables, such as our quarterly earnings process and ensuring Citis compliance with financial rules and regulations. The team comprises chief financial officers who partner with each of our businesses and disciplines including controllers, financial planning and analysis, strategy, investor relations, tax and treasury.Were currently looking for a high caliber professional to join our team as Assistant Vice President, Model Governance & Inventory Management Sr. Analyst - Hybrid (Internal Job Title: Assessment & Design Sr. Analyst C12) based in Mumbai, India. Being part of our team means that well 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. For instance: 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. We believe all parents deserve time to adjust to parenthood and bond with the newest members of their families. Thats why in early 2020 we began rolling out our expanded Paid Parental Leave Policy to include Citi employees around the world. We empower our employees to manage their financial well-being and help them plan for the future. Citi provides access to an array of learning and development resources to help broaden and deepen your skills and knowledge as your career progresses. We have a variety of programs that help employees balance their work and life, including generous paid time off packages. We offer our employees resources and tools to volunteer in the communities in which they live and work. In 2019, Citi employee volunteers contributed more than 1 million volunteer hours around the world.Individuals in Assessment & design are responsible for developing, designing, and implementing controls programs, and providing review and guidance on robust controls design adhering to Citis Policies, Standards, and Frameworks. Individuals proactively identify and drive controls enhancements such as automation, standardization and rationalization including transformation execution activities. Includes first line activities for identification, measurement (significance and likelihood), and ongoing assessment of key risks and controls in partnership with relevant process owners to drive management decisions to operate within the firms Risk Appetite.In this role, youre expected to: Support teams in the quality, completeness, and accuracy of the implementation of the Control Framework, including Model Risk Policy, Risk Control Policy, Control Standard, Issue Management Policy, Lesson Learned Policy and Control Inventory.Assist in performing a detailed analysis on the identification of issue root cause, partnering with control and process owners to recommendations holistic corrective actions and improvements, provide check and challenge to ensure appropriate escalation in according with Issue Management and Escalation Policies.Help drive semi-annual Model Attestation process for FinanceWork with the rest of the Risk & Control organization, Model Sponsors and Model Risk Management to keep Finance compliant with Model Risk Policy & ProceduresHelp contribute to governance and the facilitation of the execution of the Manager Control Assessment (MCA, i.e. Risk & Control Self-Assessment) as required by the MCA Standard including the assessment and appropriate approval of risk associated with business changes.Help contribute to the Lessons Learned Policy, including monitoring of control breaches and disseminati on and learnings across other business units for process improvement to limit the occurrence of similar future events and where similar risk exposure might exist.Support the review and challenge process, within the FLUs, on the effective design and management of controls to mitigate risks as required by the Control Standards, including .
