Operational Risk Manager - BAO Support Team

Posted:
11/6/2024, 4:00:00 PM

Location(s):
Budapest, Budapest, Hungary ⋅ Budapest, 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 people and stakeholder management to Citi’s Third Party Management - BAO Support Team.

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

We are a people-oriented organization that appreciates and promotes personal and professional aspirations. Our corporate culture is empathic: we acknowledge life-work balance throughout your career path.

Operational Risk Manager - BAO Support Team

The Business Activity Owner (BAO) Team handles with various third party risk management related activities. The team collaborates with both local and global teams to make sure that each of the Third Party Relationships under the BAOs they support are being selected, onboarded and then monitored in compliance with Citi’s Third Party Management Policy and all the applicable regulations.

What you will do:

  • Provide full leadership and supervisory responsibility and direction to BAO teams
  • Establish and oversee 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
  • Independently assess risks and drive actions to address the root causes that persistently lead to operational risk losses by challenging both historical and proposed practices
  • Look for ways to improve the current process and share best practices with senior leadership
  • Participate in senior leadership meetings to analyze documentation and processes to ensure risks and control points are properly addressed
  • Assist senior level management in gathering data and information for executive level reporting and to take ownership of specified projects and tasks
  • Build trusted internal and external customer relationships

What we will need from you:

  • 5-8 years of working experience, preferably in Third Party Operational Risk
  • University/College degree
  • Excellent verbal and written English
  • Strong analytical and communication skills
  • Strong PC skills in Excel, Word.
  • Minimum 1 year of Operational Leadership Experience including delivering in a high-volume, goal-based production/operations-based environment

We are a development-focused organization. The above qualifications and skills are considered as primary assets for the position – but we do not pursue perfectionism: we look for capable colleagues and help them grow to excellence in their fields and positions.

What can we 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:

Project and Program Management

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Job Family:

Program Management

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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.

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 Accessibility at Citi.

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