About Citi:

Citi is a leading global bank with a vast customer base and operations in over 160 countries. We provide a wide range of financial products and services to consumers, corporations, governments, and institutions. Our core activities revolve around safeguarding assets, lending, facilitating payments, and providing access to capital markets.

About Procurement and Third-Party Management (P&TPM):

P&TPM plays a critical role in procuring products and services for Citigroup while managing the associated risks of third-party relationships. This includes overseeing outsourced arrangements across all business lines and locations. We define and implement policies and standards to assess and manage these risks, ensuring that third parties provide services safely, soundly, and cost-effectively.

Team/Role Overview

We are seeking a highly motivated and detail-oriented individual to join our International Third-Party Management team in Germany. This role will be instrumental in overseeing and managing third-party relationships, ensuring compliance with internal policies and regulatory requirements.

What you'll Do

This role offers a unique opportunity to contribute to the robust Third-Party Risk Management (TPRM) framework within Citi's Third Party Management team in Germany. You will play a crucial role in ensuring compliance with internal policies, regulatory requirements, and industry best practices. Your responsibilities will encompass:

1. Governance Oversight:

• Driving Compliance: Ensure effective adherence to local and global third-party risk management regulations, policies, and standards.
• Supporting Governance Forums: Provide active support to Country Third Party Governance Forums, facilitating communication and collaboration.
• Stakeholder Management: Collaborate closely with stakeholders across the Europe Cluster, including country-level teams, to ensure alignment with the TPM framework and address any compliance gaps.
• Issue Escalation: Proactively identify and escalate potential risks and compliance issues to relevant stakeholders, including In-Business Risk, Third Party Officers, and Business Activity Owners.

2. Risk Management:

• Monitoring & Analysis: Continuously monitor Key Risk Indicators (KRIs) to identify emerging third-party risks. Conduct thorough root cause analyses to understand underlying issues and develop effective mitigation strategies.
• Collaboration with Business Units: Partner with business units, including senior leadership like the Chief Country Officer and Head of Operations, to assess the broader impact of identified risks and implement corrective action plans.
• Process Enhancement: Critically evaluate existing TPM practices and identify opportunities for improvement. Lead initiatives to enhance standards, procedures, controls, and governance processes, ensuring the ongoing sustainability and optimization of the TPRM program in Germany

3. Advisory & Support:

• TPM Policy Guidance: Provide expert guidance and support to country business teams on interpreting and implementing Third Party Risk Management policies, regulations, and local procedures.
• Regulatory Change Management: Stay abreast of evolving regulatory landscapes and partner with country teams to assess the impact of regulatory changes on third-party relationships.
• Audit & Regulatory Exam Support: Collaborate with internal and external stakeholders, including Independent Operational Risk Management, Compliance, Internal Audit, and Regulators, to facilitate audits, regulatory examinations, and information requests.
• Transformation Initiatives: Actively participate in and contribute to the execution of Third-Party Management Transformation Program initiatives as directed by Global programs.

What we'll need from you

• Experience: Extensive proven experience in managing or participating in projects and teams within the finance sector, in a professional management role.
• TPRM Expertise: Demonstrated knowledge of Third-Party Risk Management frameworks, risk management methodologies, and relevant regulatory requirements.
• Analytical & Problem-Solving Skills: Strong analytical and problem-solving abilities, with a keen eye for identifying root causes and developing practical solutions. Detail-oriented approach and a structured, logical problem-solving mindset.
• Communication & Collaboration: Exceptional interpersonal and communication skills, with a proven ability to build strong relationships across functions and influence stakeholders at all levels.
• Governance & Compliance: Solid understanding of governance frameworks and experience in supporting audits and regulatory reviews.
• Proactive & Adaptable: Proactive, self-driven, and capable of effectively managing multiple priorities in a fast-paced, dynamic environment.
• Bachelor’s/University degree or equivalent experience

What we can offer you

By joining Citi Germany, 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 that support you (and your family) to be well, live well and save well. Discover more HERE.

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.

#LI-SM9

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Job Family Group:

Project and Program Management

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Job Family:

Program Management

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Time Type:

Full time

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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.

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