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TTS Payments - Line Control Officer

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Citi

24d ago

  • Job
    Full-time
    Senior & Expert Level
  • Banking & Finance
  • Dublin

AI generated summary

  • You should have 6-10 years in Operational Risk, experience in Internal Audit, strong communication skills, and knowledge of payment products and controls.
  • You will oversee operational risk policies, assess and mitigate risks, ensure effective controls, facilitate audits, maintain metrics, and support strategic objectives across the organization.

Requirements

  • 6-10 years experience in Operational Risk is a must. Other risk and control disciplines would be a plus – credit, and market.
  • Experience in Internal Audit or Financial Control would be desirable.
  • Expertise in the following is beneficial: Fraud Awareness and Risk Management Legal and Regulatory Compliance, specifically
  • Management of a global operations and a complex environment that includes global teams.
  • Excellent communication skills – verbal & written
  • Background in payment products and controls

Responsibilities

  • Establishes and oversees the application of operational risk policies, technology and tools, and governance processes to create lasting solutions for minimizing losses from failed internal processes, inadequate controls, and emerging risks.
  • Provides oversight over the TTS Payment Ops MCA to ensure that controls are documented, operating effectively and that inherent risk of underlying processes is mitigated within the firm's appetite.
  • Help facilitate operational responses to various exams including internal audit, compliance assurance and external regulatory exams.
  • Assesses risks and drive actions to address the root causes that persistently lead to operational risk losses by challenging both historical and proposed practices.
  • Establishes and maintains a robust control environment and culture within the Citi businesses worldwide.
  • Assists management in achieving and maintaining strategic objectives, promotes efficiency, reduces the risk of loss and helps ensure compliance with corporate polices, procedures, laws and regulatory requirements.
  • Develops and maintains tracking metrics for management reporting and escalation.
  • Develops a broad and detailed understanding of the organization’s landscape, culture and technology.

FAQs

What is the role of a TTS Payments Line Control Officer at Citi?

The TTS Payments Line Control Officer is responsible for mitigating operational risk in the TTS Payment space, maintaining the controls framework, overseeing the operation team, setting and monitoring key risk indicators, and ensuring operational adherence to policies and standards.

What experience is required for this position?

A minimum of 6-10 years of experience in Operational Risk is required. Experience in other risk disciplines such as credit or market risk, as well as in Internal Audit or Financial Control, would be a plus.

Is knowledge in payments required for this role?

Yes, knowledge in payment products such as Wires, ACH, Instant Payments, and Checks is essential for this position.

What communication skills are needed for this role?

Excellent verbal and written communication skills are essential for effectively coordinating with cross-functional partners and achieving risk and control objectives.

What does the work environment look like at Citi Dublin?

Citi Dublin offers a business casual workplace with a hybrid working model, allowing up to two days of remote work per week.

What kind of benefits does Citi offer to its employees?

Citi provides a competitive base salary, additional benefits that support employees and their families to be well, live well, and save well, along with a commitment to creating an inclusive workplace.

What are the main responsibilities of the Line Control Officer?

Responsibilities include establishing operational risk policies, providing oversight over the TTS Payment Ops MCA, facilitating responses to audits, assessing risks, maintaining a robust control environment, and developing management reporting metrics.

How does Citi ensure a diverse and inclusive workplace?

Citi is committed to ensuring that its workplace is welcoming to everyone, allowing employees to come to work as their whole selves, promoting talent retention, and empowering individuals to thrive.

Will Citi provide training for new hires in this role?

While not explicitly stated in the job description, as part of a global organization, Citi likely offers training and development programs for new hires to enhance their skills and knowledge.

What is the process for applying for this position?

Interested applicants are encouraged to apply for career opportunities through the Citi website, where they can find relevant positions and submit their applications.

Finance
Industry
10,001+
Employees
1998
Founded Year

Mission & Purpose

Citigroup Inc. or Citi is an American multinational investment bank and financial services corporation headquartered in New York City. Citi's operation is to provide financial services that enable growth and economic progress. Core activities are safeguarding assets, lending money, making payments and accessing the capital markets.

Benefits

  • Live Well, Stay Healthy

    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.

  • Paid parental leave

    We believe all parents deserve time to adjust to parenthood and bond with the newest members of their families. That’s why in early 2020 we began rolling out our expanded Paid Parental Leave Policy to include Citi employees around the world.

  • Save well, for now and your future

    We empower our employees to manage their financial well-being and help them plan for the future.

  • Keep learning

    Citi provides access to an array of learning and development resources to help broaden and deepen your skills and knowledge as your career progresses.

  • Be well, take time off

    We have a variety of programs that help employees balance their work and life, including generous paid time off packages.

  • Support Your Community

    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.