Global Head of Operational Risk - Markets & Broker Dealers
Citi · US
Operational Risk Management (ORM) is an enterprise-level independent risk management function responsible for enterprise-wide oversight and aggregation of op...
Job description
Operational Risk Management (ORM) is an enterprise-level independent risk management function responsible for enterprise-wide oversight and aggregation of operational risk. Its mandate covers all business lines (U.S. Consumer Cards, Wealth Management, Services, Markets, Banking & International, and Client) along with Functions (e.g., Technology, Finance, COO, HR, etc.) spanning all geographies. The ORM function oversees the design and implementation of the non-financial risk management framework. Key objectives of the risk management framework are: The 2nd LoD Global Head of ORM- Markets & Broker-Dealers is responsible for leading ORM’s oversight, review, and challenge of Citi’s sales and trading businesses and its most material broker-dealer entities. They will face off with 1st line enterprise roles and will be working closely with Business and Cluster Operational in dispensing their key risk oversight responsibilities to ensure well- coordinated risk assessments, risk identification, measurement/monitoring and timely remediation of key gaps including appropriate enterprise-level aggregation. - Operating model, staffing and culture: Ensure the operating model across lines of defe...