Fraud Risk Management Officer, Vice President

Are you looking for a career move that will put you at the heart of a global financial institution? Then bring your skills in analysis, fraud risk management and risk and control to Citi’s Controls Operations Team.

By Joining Citi, you will become part of a global organisation whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.

Team/Role Overview

The Fraud Risk Management Officer (“FRMO”) analyst is an integral role in the Citi Chief Operating Office (“COO”) Controls- Risk Management Compliance Team in support of the Fraud Risk Management function.  This position is responsible for working with the other FRMO analysts on the team in supporting the FRMO’s completion of all requirements of the Fraud Risk Policy for the designated coverage areas in the COO. 

COO is tightly integrated with Citi’s businesses.  COO plays a central role in driving value for the firm and its clients. It provides a foundation for processes and people that enable Citi to achieve its day-to-day operational and its long-term growth goals.  The mission of the COO Controls organization in Citi is to support the identification, assessment, and management / mitigation of risk across COO related to franchise, reputational, and client risks.  Within COO Controls, the COO Risk Management Compliance Team drives timely / quality adherence to compliance programs through effective governance over activities covering, Attestations, Conduct, Conflicts of Interest, Fraud, Mandatory Absence, Private/Public Designation, Personal Trading & Outside Activities / Personal Trading & Investment Policy.

The ideal candidate for this role would possess Fraud Risk Management experience.

What you’ll do

• Maintaining an effective fraud risk management governance and framework (Fraud Risk Management Programs)

• Active involvement in identifying, assessing and documenting fraud risks, defining and implementing appropriate remedial actions to manage residual fraud risks to an acceptable level according to fraud risk appetite

• Performing and maintaining current the Fraud Risk Requirement (“FRRM”) assessment and related actions

• Appropriately responding to fraud, suspected fraud, or allegations of fraud. Escalating fraud risk related control issues to governance forums

• Supplying fraud and fraud risk related data and metrics to other organizational units as necessary, including the second line

• Support the assessment the effectiveness of existing controls, identifying areas for improvement, and implementing necessary changes.

• Help drive and manage controls enhancements focused on increasing efficiency and reducing risk.

• Assist in the execution of Enterprise Risk Management Framework and adherence with Risk Management and Compliance Policies.

• Collaborate with key stakeholders to develop comprehensive corrective action plans to address identified control gaps or failures

• Develops a broad and detailed understanding of the organization’s landscape, culture and technology.

• Has the ability to operate with a limited level of direct supervision.

• Can exercise independence of judgement and autonomy.

What we’ll need from you

• Relevant experience in operational risk management, compliance, audit, or other control-related functions in the financial services industry.

• Ability to identify, measure, and manage key risks and controls.

• Strong knowledge in the development and execution for controls.

• Proven experience in control related functions in the financial industry.

• Proven experience in implementing sustainable solutions and improving processes.

• Understanding of compliance laws, rules, regulations, and best practices.

• Understanding of Citi’s Policies, Standards, and Procedures.

• Bachelor’s degree, potentially Master’s degree

• Strong analytical skills to evaluate complex risk and control activities and processes.

• Strong verbal and written communication skills, with a demonstrated ability to engage at the senior management level.

• Strong problem-solving and decision-making skills

• Ability to manage multiple tasks and priorities.

• Proficiency in Microsoft Office suite, particularly Excel, PowerPoint, and Word.

What we can offer you

This is a role that'll offer you the opportunity to build an in-depth knowledge of fraud risk management. Every day there will be new business challenges that will help you develop new skills that can drive your career.

We work hard to have a positive financial and social impact on the communities we serve. In turn, we put our employees first and provide the best-in-class benefits they need to be well, live well and save well.

By joining Citi Belfast, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed), and enjoy a whole host of additional benefits such as: 

• Generous holiday allowance starting at 27 days plus bank holidays; increasing with tenure

• A discretional annual performance related bonus 

• Private medical insurance packages to suit your personal circumstances

• Employee Assistance Program  

• Pension Plan 

• Paid Parental Leave 

• Special discounts for employees, family, and friends 

• Access to an array of learning and development resources 

Alongside these benefits Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day.  We want the best talent around the world to be energized to join us, motivated to stay, and empowered to thrive. 

Sounds like Citi has everything you need? Then apply to discover the true extent of your capabilities. 

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Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.

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