Job Description :
The Process Control Lead Analyst is responsible for the administration, oversight and maintenance of the Finance and Risk Operations Audit / SOX program including;
Corrective Action Plan management, Audit Management and the reengineering, redesign and establishment of Key Risk indicators utilizing a variety of management metrics and tools utilized by FRO.
The ideal candidate must be a strategic professional who advises on directional strategy by analyzing subject matter and its application in own job and the business. Duties include :
Coordinate all Audit related engagements and deliverables both internal and external, including the preparation and Coordination of SOX deliverables to assist KPMG with annual SOX audit and related activities.
Oversee daily Risk and Control processes pertaining to Information Security, Continuity of Business, Audit Reporting and Compliance activities.
Provide training and guidance to Business Units regarding the implementation of operational risk policies and procedures.
Develop and manage monthly metrics of audit universe and corrective action plans for Senior Management.
Provide support to the R&C Management in the implementation of Citi wide initiatives and projects including key corporate policies and procedures .
Develop effective working relationships with senior business management and strong understanding of strategies and emerging risks
Assist the line managers and the Center Head to identify Risk and Control gaps / weaknesses, analyze root cause, and develop robust and practical correction action plans to improve the quality and effectiveness of the control environment.
Independently assess the effectiveness of controls and determine the potential impact of any control failures and corrective actions required.
Manage and monitor control related initiatives, audit activities, corrective actions and communicate to staff & management about status, due dates, etc.
Co-ordinate periodic reporting; analyze self-assessment and audit results; and assist in formulating effective remedial solutions
Align the FRO internal self-assessment program with business monitoring and audit related focus activities.
Work with FRO business units to ensure they adhere to policies and procedures and regulatory requirements, with respect to Control and Operational Risk practices.
Ensures Control and IS issues are reported timely to Senior Management with appropriate documentation.
Provide counsel and advice on the interpretation of methodologies, policies and standards.
Hold regular meetings with the FRO process teams to discuss risk and control related activities; and work closely with them to instill a proactive risk management approach and awareness.
Establish and maintain effective customer focused working relationships with managers, customers, audit partners and other colleagues during the course of work.
Ensure departmental processes and procedures are current and assist management with reengineering efforts, as needed.
Key Responsibilities :
Manage audit interaction model
Monitor the control environment
Proactively advance integrated auditing concepts.
Facilitate completion of departmental goals.
Propose creative and pragmatic solutions for risks and control issues.
Provide guidance and training
Act as advisor of control related guidelines and policies to FRO community.
Knowledge / Experience :
The ideal candidate will have highly analytical, management and communication skills. To qualify for this position you must have a minimum of 7+ years of experience in risk advisory, operational risk, compliance, and / or internal control related reporting functions within the banking industry and the following :
BS Business Administration, Finance or Accounting, or equivalent experience
7+ years of audit experience
5+ years of management experience
Experience with applying principles, methods and techniques in the design and operation of process controls and their system components;
including business process and entity relationship analysis
Comprehensive knowledge of compliance policies and processes and proficiency in risk and control related practices.
Capable of providing leadership in optimization and efficiencies in control practices for the business as well as the resolution of cross business issues.
Well versed in developing new ideas and improving current processes and proactively engages business and functional managers to mitigate risks.
Strong knowledge of US GAAP and Financial Control risks and controls for Financial Services companies.
Exposure to regulatory and control models.
Able to develop and produce monthly metrics.
Requires a collegial and service oriented demeanor and an ability to challenge existing conventions and make recommendation for improvement within FRO operating units.
Strong Presentation skills - comfortable with public speaking across various forums and be able to effectively and logically communicate when ideas are being challenged in an open forum
Able to identify trends and themes from high volume information sources and synthesize reports for easy consumption of senior business managers.
Skilled at building partnerships across functions and regions; collaborates well with others with experience working in cross-cultural global teams.
Project management experience a+
Audit certification a+