Third-Party Management & Sourcing Operations Senior Analyst

Posted:
8/27/2024, 10:16:20 PM

Location(s):
Budapest, Central Hungary, Hungary ⋅ Central Hungary, Hungary

Experience Level(s):
Senior

Field(s):
Operations & Logistics

Workplace Type:
Hybrid

Are you looking for a career move that will put you at the heart of a leading financial institution? Then bring your skills in analysis, problem solving and communication to Citi’s Third-Party Management Operations Team.

Team/Role Overview

The Third-Party Management Operations (TPM Ops) is a centralized function that delivers common operational Third-Party Risk Management (TPRM) processes for all external third party relationships. First Line of Defence providing Citi businesses with TPRM operational support and performing various controls on behalf of Citi businesses.

Through managing the day-to-day transactional processes, Citi’s TPM Operations plays a pivotal role in supporting Citi’s mission. We are seeking a Third-Party Operational Risk Analyst to join our dynamic team.

The TPM & Sourcing Operations Senior Analyst is responsible for participating in procurement (sourcing) and third party management operational activities.

They are responsible for daily transaction processing, including workload and Team coordination; ensuring that all items are handled in a controlled and compliant manner according to all internal policies and procedures, and external rules and regulations.

What you’ll do

  • Facilitate Citi businesses’ ongoing compliance with Third Party Management requirements outlined in Citi policies and standards
  • Support ongoing monitoring activities through the evaluation of different questionnaires for Insurance Coverage, HR Management, Subcontractor Reliance, Corporate Responsibilities, Exit Strategy etc.
  • Perform quality control reviews for third-party risk management activities and provide credible challenges to accountable / responsible parties
  • Monitor progress on agreed upon third-party remediation activities and escalate issues as necessary
  • Liaise with Third Party Officers (TPOs) and Business Activity Owners (BAOs) to provide guidance on policy compliance and overall third-party risk management requirements
  • Fulfil Single Point Of Contact role (SPOC) and SPOC Backup role if it is assigned
  • Engage with Business Stakeholders and Suppliers while completing third party controls
  • Execute common, standardized third-party risk management processes, managed centrally by the TPU
  • Acts as a liaison between various internal and external stakeholders to provide process support throughout the third-party management life cycle
  • People management responsibility for a team, including coaching and training. Support individuals’ growth and development agenda
  • Support reporting activities as required

What we’ll need from you

  • 3-5 years of relevant experience
  • Bachelor’s degree/University degree or equivalent experience
  • Proficient computer skills with a focus on Microsoft Office applications
  • Working knowledge of business specific policies and standards involving Third Party financial due diligence
  • Consistently demonstrates clear and concise written and verbal communication
  • Fluent written and spoken level of English

What we can offer you

By joining Citi Hungary, 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 compensation package and enjoy a whole host of additional benefits that support you (and your family) to be well, live well and save well:

  • Cafeteria Program
  • Home Office Allowance (for colleagues working in hybrid work model)
  • Paid Parental Leave Program (maternity and paternity leave)
  • Private Medical Care Program and onsite medical rooms at our offices
  • Pension Plan Contribution to voluntary pension fund
  • Group Life Insurance
  • Employee Assistance Program
  • Access to a wide variety of learning and development programs, online course libraries and upskilling platforms, such as Udemy and Degreed
  • Flexible work arrangements to support you in managing work - life balance
  • Career progression opportunities across geographies and business lines
  • Socially active employee communities with diverse networking opportunities

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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Job Family Group:

Corporate Services

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Job Family:

Supply Chain

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Time Type:

Full time

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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.

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