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Enterprise Risk Technology Product Owner

2 months ago


Mississauga, Ontario, Canada 08763 Citi Canada Technology Services ULC Full time
Job Description

Job Summary:

The Enterprise Risk Technology Product Owner will be responsible for leading and executing an end-to-end creation and quality review process for Enterprise Risk Management Technology (ERM Tech) owned and impacted regulatory business critical milestones (RBCMs) included in the consent order Phase 2 plans.

This role is a key function within the Functions Technology Team to ensure that the closure process of milestones is completed within the letter and spirit of regulatory commitment prior to IA validation.

Key Responsibilities:
  • Lead and Execute Technology Owned Phase 2 Consent Order Milestones: The successful candidate will lead and execute technology owned Phase 2 consent order milestones for Enterprise Risk Management Technology (ERM Tech) for Risk ID, Risk Appetite, New Activity, MRE, Limit Management, etc.
  • Provide Credible Challenge to Transformation Leads: The candidate will provide credible challenge to transformation leads throughout the program lifecycle to ensure deliverables are executed in a controlled manner. Review substantiation artifacts and challenge effectively closure of an action plan milestones prior to internal audit validation.
  • Support ERM Tech Product Manager: The candidate will support the ERM Tech Product Manager in day-to-day quality review activities across the functions pillars, providing support on various control matters, advising on current issues, reviewing documentation of deliverables from a control standpoint, discussing control requirements, etc.
  • Provide Oversight and Quality Assurance Review: The candidate will provide oversight and quality assurance review of ERM Tech RBCMs closure documentation to ensure evidence and artifacts provided are sufficient to meet internal audit validation expectations and requirements.
  • Support Escalation Criteria: The candidate will support escalation criteria to ensure issues and risks are escalated timely and reporting to senior management occurs appropriately, consistently, and at the right levels.
  • Ensure Complete Review of Artifacts: The candidate will ensure the complete review of artifacts to identify issues or gaps based on agreed deliverables and ensure consistent and clear processes, monitoring, reporting, and escalation.
  • Prepare Project Scoping Documents: The candidate will prepare required project scoping documents for ERM Tech related milestones.
  • Ensure Fit-for-Purpose Approach: The candidate will ensure a fit-for-purpose approach for the closure process and minimize internal audit reopens/returns.
  • Support Enterprise Risk Management Technology Team: The candidate will support the Enterprise Risk Management Technology Team, including compliance and controls, on consent order milestone-related inquiries from internal audit.
  • Engage with Internal Audit and Key Stakeholders: The candidate will engage with internal audit and key stakeholders on questions, returns, or reopens for previously completed quality reviews.
  • Engage in Special Quality Review/Risk Assessment Projects: The candidate will engage in special quality review/risk assessment projects as requested by Functions Technology leadership.
  • Ensure Adherence to Operations & Technology and Functions Technology Standards: The candidate will ensure adherence to operations & technology and functions technology standards on program delivery, compliance, process management, risk, and controls.
  • Assess Risk and Demonstrate Ethical Judgment: The candidate will appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients, and assets, by driving compliance with applicable laws, rules, and regulations, adhering to policy, applying sound ethical judgment regarding personal behavior, conduct, and business practices, and escalating, managing, and reporting control issues with transparency, as well as effectively supervising the activity of others and creating accountability with those who fail to maintain these standards.
Leadership Qualities:
  • An Advocate of Inclusion and Diversity: The candidate will be an advocate of inclusion and diversity in everything they do.
  • An Excellent Communicator: The candidate will be an excellent communicator who gets on well with others, building strong professional relationships.
  • Ability to Negotiate and Influence: The candidate will have the ability to negotiate and influence at all levels, even in the absence of formal reporting relationships.
  • Collaborative by Nature: The candidate will be collaborative by nature, building partnerships across the firm.
  • Creative and Innovative: The candidate will be creative and innovative, bringing different angles to problems and providing new solutions through inclusion.
  • Risk and Controls Focused: The candidate will be risk and controls focused, putting diligent risk management and security at the core of everything they do.
  • Enjoys Technology: The candidate will enjoy technology in their spare time, always seeking to learn more about technology.
Qualifications:
  • Relevant Experience: The candidate will have relevant experience in a related role within technology, risk technology, internal audit, risk management, regulatory remediation, or a combination of.
  • Relevant Experience in Risk & Controls: The candidate will have relevant experience in risk & controls, including regulatory remediation initiatives.
  • Solid Understanding of Relevant Banking Regulation: The candidate will have a solid understanding of relevant banking regulation and supervisory expectations for large complex financial institutions.
  • Proven Leadership, Communication, and Influencing Skills: The candidate will have proven leadership, communication, and influencing skills.
  • Ability to Discuss Complex Issues: The candidate will have the ability to discuss complex issues in a manner that is easily understandable across multiple levels.
  • Proven Ability to Consistently Follow Through: The candidate will have a proven ability to consistently follow through in an environment with many key stakeholders and high volume of activities.
  • Subject Matter Expertise: The candidate will have subject matter expertise in risk and controls disciplines within technology processes.
  • Effective Negotiation Skills: The candidate will have effective negotiation skills.
  • Solid Track Record of Accomplishments: The candidate will have a solid track record of accomplishments and implementations, including business transformations.
  • Possesses an Observable and Impactful Delivery Track Record: The candidate will possess an observable and impactful delivery track record on business or risk function transformation.
Desired Qualifications:
  • University Degree: The candidate will have a university degree in computer science, information systems, and/or business administration or relevant equivalent work experience.