Reporting to ESC LATAM Regional Risk and Control Lead. He / she is responsible for working with the Regional Sourcing, Accounts Payable, Country, Operations teams and, supporting regional risk and control needs, ensuring consistency across the CSCs while working closely with the Global R&C team across the globe to ensure consistency in application of policies, procedures, and risk and control programs.
This includes responsibility for leading the Risk Assessment process reviews of the control structures in place for ESC at the region and country level, also deployed the testing model according the best practice define by the Regional and Global team.
ESC aims to deliver world-class end to end supply chain operations to Citigroup through Strategic Sourcing & Supplier Management, Supplier Risk Management and Supply Chain Operations including purchase processing and payables.
Key Responsibilities :
Support management in understanding risk policy matters and ensuring appropriate implementation and enhancement of procedures
Work to establish a culture of control where regional and CSC staff understand their role in the control environment and the criticality of a robust control environment
Ensure that changes in processes and controls within the region that impact risks or tests are effectively implemented.
Support the monitoring of emerging risks or other potential deficiencies and control weaknesses from their region timely for assessment and remediation
Assist in the identification and assessment of risk and control data to identify trends and potential issues when applicable
Support the annual risk assessment update resulting in the establishment of an effective MCA program for the region : Support the Global MCA Program lead in roll out and implementation, including country and regional coverage from the CSCSupport the operations teams in creation of a consistent and robust MCA programProvide feedback on Significant risksProvide feedback on the effectiveness of test scripts to ensure effective testing of the control objectiveEnsure the timely and appropriate execution of the established MCA program is completed for the controls being tested in their area.
Deploy a thorough Risk Assessment process to define risk tiers for Core ESC processes; accountable for accuracy of process flows and break-point analysis, identifying process / control gaps.
Ensure sufficient evidence is maintained to enable MCA testing to be recreated.Develop and deploy testing model; responsible for testing the design and effectiveness on all Tier 1 & 2 controls, executing and reporting quarterly MCA results locally and regionallySummarize and gain departmental approval of MCA results along with corrective action plan(s) for issues if identified;
provide to global R&C team and Regional ESC Head.Review and update the entire core process list with the support of the process owners.
Train all the process owners regarding MCA procedure and policy.Take all the trainings at local and regional level regarding MCA methodology.
Ensure the ESC LATAM (Regional and Country Level) is in compliance with the Corporate Policies that support MCA also all the ones related with Operational Risk.
Support of key risk and control projects and ad-hoc requests from the Global R&C team
Review and identified the operational risk ensuring the controls are in place.
Ability to drive results and affect change without direct authority.
Able to interpret and apply policies, standards, and procedures
Exceptional verbal, written, and presentations skills; multi lingual (English and Spanish; Portuguese a plus)
Strong analytical / problem solving skills
High integrity and strong work ethic with a global mindset
Strong interpersonal and relationship skills with experience working in a matrix environment
Ability to work in virtual teams
Fluent English and Spanish, written and oral.
Functional Skills :
Ability to build test plans for assessing integrity of control design and effectiveness
Knowledge of COSO Internal Control Framework
Analytical abilities and intellectual curiosity in determining root-cause of issues, challenging assumptions, defending conclusions and recommend action plans.
Knowledge / Experience :
Ideal candidate would have strong business background spanning areas such as operations, technology, finance, and compliance / control;
financial services experience a plus
Procurement and / or Accounts Payable experience desirable
Sound, deep knowledge of risk and control methodology and best practices; preferably an understanding of Citi’s R&C programs (i.e. MCA)
Program / Project management experience desirable
Knowledge of local / regional regulations governing financial institutions
Knowledgeable with Citi’s Expense Management Policy, Citi Supplier Selection and Management Policy, Citi’s Code of Conduct, Gift and Entertainment policies, etc. a plus
An understanding of Citi’s management structure, its businesses and governance structures a plus
Experience of working in an international context
BA / BS degree
Strong data analysis
Focused and accurate
Ability to develop analysis and recommendations for action
Ability to work on multiple tasks and assignments effectively
Grade : All Job Level - All Job FunctionsAll Job Level - All Job Functions - CR
Time Type :
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