Jobs
>
Mumbai

    Business Risk Officer - mumbai, India - 12542 Citicorp Services India Private Limited

    12542 Citicorp Services India Private Limited
    12542 Citicorp Services India Private Limited mumbai, India

    1 week ago

    Default job background
    Full time
    Description

    Citi's Client organization focuses on strengthening how we deliver for clients across the bank by taking a comprehensive view of our client relationships, ensuring that we deliver one Citi in a consistent and disciplined way through a centralized view of our client strategy, segmentation, and coverage model. Citi's Client organization brings together key capabilities pertaining to:

  • Marketing and Content
  • Research
  • Financial Resources Management
  • Client data and Analytics
  • Business Development
  • Institutional Credit Management

    • This role will report into the Regulations Management Lead (BAU) (C14) and will be responsible for implementing key processes and establishing adequate governance around 'Regulatory Change' process and one-off regulatory applicability assessments required. In addition, the role will be working closely with 1st, 2nd and 3rd LoD teams towards enhancing the businesses control framework to ensure compliance with applicable Laws, Rules and Regulations.

    This is an exciting opportunity for a motivated professional with a strong understanding of regulations management, associated risks and controls and a keen interest in establishing robust processes, and governance in-line with Citi Client's strategic objectives.

    Key Responsibilities:

    'Regulatory Change':

    This is First Line Risk Officer role supporting the Citi Client business unit in its entirety and will be primarily coordinating and completing 'impact assessments' associated with regulatory changes and verifying that businesses teams take appropriate remediation action to comply with these changes.

    This role is expected to engage with a. multiple business teams under the Citi Client organisation, Independent and Product Compliance Risk teams and/or Subject Matter Experts ("SMEs") as part of managing and coordinating the regulatory change workflow.

    Key tasks include:

    Coordination of 'Impact Assessments' of regulatory changes assigned by various 'Compliance Leads' and identification of other Client functions, potentially impacted by new or updated regulatory requirements.

    Effective and efficient management of the 'Regulatory Change' process by:

    Engaging with appropriate SMEs including the Regulations Management, Independent and Product Product Compliance teams or Legal Counsel as required, to obtain guidance and interpretation of laws, rules and regulations; Monitoring progress of each stage of regulatory assessments, challenge adequacy & timeliness of execution efforts through effective use of Citi tools, platforms and the systems; Executing assigned tasks timely based on Metrics/Key Performance Indicators (KPIs) and due dates; Escalating 'Overdue' tasks to the relevant senior management in accordance with governance and escalation protocols established by the Regulations Management Program; Supporting Citi Client business teams in creating remediation plans in instances of regulatory non-compliance Ensure the adequacy of controls, monitoring and reporting over the Regulations Management process. Completing and submitting completed assessments to the Senior Business/Function Manager for approval.

    Regulations mapping :

    Oversee progress of each stage of regulatory mapping process, challenge adequacy & timeliness of mapping remediation, based on Metrics/Key Performance Indicators (KPIs) and due dates, through effective use of Citi tools, platforms and systems;

    One-off regulatory assessments:

  • Partner with Client businesses/ functions and Product Compliance to ensure that relevant regulations are mapped for newly created Assessment Units (AUs) and supporting maintenance of Regulation to AU mapping for significant change scenarios.
  • Coordinate and monitor timely completion of Client involvement in one-time reviews of Laws, Rules and Regulations as requested by the relevant Country and Product Compliance teams.
  • Work with Client organization to ensure that there are appropriate controls to comply with applicable Laws, Rules and Regulations.

    • Experience and Skills

  • At least 7 years' experience in a business risk & controls, corporate governance, or assurance domains.
  • Prior experience in regulations management; experience in implementing regulatory change would be preferred.
  • Proven experience in interacting with 1st, 2nd and 3rd Lines of Defence in the context of Regulatory Compliance related matters.
  • Ability to operate independently with limited oversight, following a "no surprises" approach.
  • Strong problem-solving skills; ability to think strategically, apply professional judgment and critically access or challenge the 'status quo'.
  • Excellent written and verbal communication skills; ability to lead multiple projects, multitask and deliver results against agreed deadlines.
  • Ability to work proactively and collaboratively in a fast pace, dynamic environment, with people at all levels of seniority and across different geographic locations
  • Range of experience demonstrating flexibility in skillset and approach.

    • Job Family Group:

    Risk Management

    Job Family:

    Business Risk & Control

    Time Type:

    Full time

    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 .

  • SAMCO Asset Management Company

    Risk Officer

    1 week ago

    SAMCO Asset Management Company Mumbai, India

    **Designation**: · - Risk Officer · **Reporting To**: · - The CEO · **Main Purpose of job**: · - The role of the Risk personnel will encompass the analysis and reporting of risks in the following areas: · 1. Investment risk Management · 2. Credit Risk Monitoring · 3. Operational ...

  • Citi

    Chief Risk Officer

    1 week ago

    Citi Mumbai, India

    **Responsibilities** · The CRO is responsible for leading the Risk function to identify, assess, monitor and make timely and measured judgments on all current and potential future risks faced, in order to protect the employees, assets and reputation of CFIL and to grow shareholde ...

  • Obsidian Achernar Limited

    Risk and Compliance Officer

    2 weeks ago

    Obsidian Achernar Limited Mumbai, India

    **Your success, our tradition** · **OBSIDIAN ACHERNAR LIMITED** · **Job Title**: Risk and Compliance Officer · **Company**: Obsidian Achernar Limited (OAL) · **Location**: India/Ghana (Full-Time) · **About OAL Financial Services**: · Obsidian Achernar Limited is a leading financi ...

  • Citi

    Business Risk Officer

    3 weeks ago

    Citi Mumbai, India

    **FDIC 370 CBNA Governance**: · **Responsibilities**: · Support FDIC program lead on following activities · FDIC 370 CBNA Governance · - Manage the FDIC Part 370 CBNA Steering Committee with CBNA COO and CBNA O&T Head · - Oversee the Quarterly Call report reconciliation and revie ...

  • Citi

    Business Risk Officer

    3 weeks ago

    Citi Mumbai, India

    **FDIC 370 CBNA Governance**: · **Responsibilities**: · Support FDIC program lead on following activities · FDIC 370 CBNA Governance · - Manage the FDIC Part 370 CBNA Steering Committee with CBNA COO and CBNA O&T Head · - Oversee the Quarterly Call report reconciliation and revie ...

  • Citi

    Business Risk Officer

    3 weeks ago

    Citi Mumbai, India

    **Responsibilities**: · - Responsible for managing and supporting multiple risk and control programs for the organization including defining the strategy, approach, processes, quality, tools and reporting that provide global risk management consistency and excellence. · - Establi ...

  • Spice HR – Your Growth Partner

    Chief Risk Officer

    3 weeks ago

    Spice HR – Your Growth Partner Mumbai, India

    **Education, experience**, **and certification requirements**: · 1. Post Graduate degree in Finance, Accounting, or a related field. · 2. Professional certification in risk management or a related field is preferred. · 3. At least 15 years of experience in risk management, with a ...

  • Riverforest Connections

    Oro IT Risk Officer

    1 week ago

    Riverforest Connections Mumbai, India

    **Position Purpose** · - Purpose: · The below requirement is for ORO-IT Officer role and part of the Risk ORM, ORO-IT team and will be responsible for assisting with the management and execution of the bank?s IT risk management function within the 2nd Line of Defense. · - Scope: ...

  • BNP Paribas

    Operational Risk Officer

    3 days ago

    BNP Paribas Mumbai, India

    . · About BNP Paribas Group: · BNP Paribas is a top-ranking bank in Europe with an international profile. It operates in 71 countries and has almost employees. The Group ranks highly in its three core areas of activity: Domestic Markets and International Financial Services (whose ...

  • Citi

    Business Risk Officer

    1 day ago

    Citi Mumbai, Maharashtra, India

    Citi's Client organization focuses on strengthening how we deliver for clients across the bank by taking a comprehensive view of our client relationships, ensuring that we deliver one Citi in a consistent and disciplined way through a centralized view of our client strategy, segm ...

  • Julius Baer

    Credit Risk Officer

    1 week ago

    Julius Baer Mumbai, India

    At Julius Baer, we celebrate and value the individual qualities you bring, enabling you to be impactful, to be entrepreneurial, to be empowered, and to create value beyond wealth. Let's shape the future of wealth management together. · Responsible for supporting day-to-day activi ...

  • BNP Paribas

    Ispl Risk Orm Officer

    3 weeks ago

    BNP Paribas Mumbai, India

    ISPL RISK ORM OFFICER (JOB NUMBER: CIB007710) · - About BNP Paribas Group: · - BNP Paribas is a top-ranking bank in Europe with an international profile. It operates in 71 countries and has almost employees. The Group ranks highly in its three core areas of activity: Domestic Mar ...

  • Gen Re

    Chief Compliance and Risk Officer

    3 weeks ago

    Gen Re Mumbai, Maharashtra, India

    Shape Your Future With Us · General Re Corporation, a subsidiary of Berkshire Hathaway Inc., is a holding company for global reinsurance and related operations, with more than 2,000 employees worldwide. It owns General Reinsurance Corporation and General Reinsurance AG, which con ...

  • Citizencredit Co-op Bank

    Chief Risk Officer Cro

    2 weeks ago

    Citizencredit Co-op Bank Mumbai, India

    CITIZENCREDIT Centre, CTS No. 236, Marve Road, Orlem, Malad West, Mumbai 400064 · **Chief Risk Officer (CRO)** · ***Proven leadership experience in Risk Department - Minimum 10 years experience in the BFSI · sector. · Drive to process embedding of the risk framework throughout th ...

  • Citi

    Cti Business Risk Officer

    2 weeks ago

    Citi Mumbai, India

    **Responsibilities**: · - Responsible for managing and supporting multiple risk and control programs for the organization including defining the strategy, approach, processes, quality, tools and reporting that provide global risk management consistency and excellence. · - Establi ...

  • JPMorgan Chase Bank, N.A.

    Corp risk middle office

    3 days ago

    JPMorgan Chase Bank, N.A. Mumbai, India

    As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks and using your expert judgement to solve real-world challenges that imp ...

  • Citi

    Business Risk and Control Officer

    16 hours ago

    Citi Mumbai, Maharashtra, India

    The Closing & Validation Quality Assurance (CVQA) team, part of Finance QA Testing and Validation group within the Finance Chief Operating Officer (COO) organization is responsible for the design and implementation of risk and control frameworks that span the Finance function glo ...

  • UBS

    Compliance and Operational Risk Officer

    2 days ago

    UBS Mumbai, India

    India · - Compliance · - Group Functions · **Job Reference #** · BR · **City** · - Mumbai · **Job Type** · - Full Time · **Your role** · - Are you someone who likes to work in a fast-paced environment? Are you looking for a Compliance & Operational Risk Control (C&ORC) position t ...

  • dLocal

    Governance, Risk and Compliance Officer

    1 week ago

    dLocal Mumbai, Maharashtra, India

    **Why you should join dLocal?** · dLocal enables the biggest companies in the world to collect payments in 40 countries in emerging markets. Global brands rely on us to increase conversion rates and simplify payment expansion effortlessly. As both a payments processor and a merch ...

  • Arin Consultancy

    Risk mid Office mutual Funds

    2 weeks ago

    Arin Consultancy Mumbai, Maharashtra, India

    Compliance Mumbai _Mumbai Western Suburbs_ March 20, March 21, 2025 Mutual Fund · **Job Overview**: · - **Office Location (Area) **Mumbai · - **Required Education **CS/ LLB / CA/ MBA · - **Course Type **Full Time · - **Min Required Experience (Years) **6 · - **Max Required Experi ...