
Procurement and Third-Party Management Operational Excellence Group Manager - Senior Vice President
About the role
Procurement and Third-Party Management (P&TPM) is responsible for procuring products and services for Citigroup and manages the risks associated with Citi’s third-party arrangements, across all business lines and locations. P&TPM defines and oversees the implementation of policies and standards that provide controls to assess third parties and outsourcing arrangements. The goal of P&TPM is to support Citi’s selection and management of third parties capable of providing products and services in a safe and sound manner and at a reasonable cost and to manage the risks associated with third parties.
Citi is currently seeking a P&TPM Operational Excellence SVP who is passionate about driving meaningful changes and is ready to make an impact. The ideal candidate will have a background in operational excellence, change management, regulatory remediation and compliance audits and ability to lead and inspire a team. This selected candidate will be responsible for managing, coordinating, on time delivering of P&TPM remediation activities globally while proactively identifying improvements to de-risk P&TPM Operations.
Key Responsibilities:
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Develop strategy, working framework and execute on P&TPM comprehensive remediation plans to address compliance deficiencies identified by regulators and internal audits.
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Develop cross-functional relationships with stakeholders to ensure successful execution of the plan.
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Identify, analyze risks, and develop strategies to mitigate them.
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Provides regular updates and reports to senior management and at necessary governance forums regarding the progress of the remediation plan.
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Develop and maintain best practices for regulatory compliance and ensure adherence to these practices.
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Maintain knowledge of third-party risk management and their associated compliance requirements
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Partner with P&TPM management and their organizations on third-party risk, remediation, and strategies to ensure robust operational risk management capability and effective management of third-party inventories including outsourcing.
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Proactively identify continuous improvement opportunities to de-risk P&TPM Operations
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Manage a small team of individuals with similar capabilities.
Qualifications:
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12+ years of relevant experience
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Extensive experience in audit, risk and control, supervision, quality assurance / control and monitoring processes.
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Extensive experience in risk and control (including regulatory) remediation activities.
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Ability to effectively drive and lead change in an organization with Citigroup’s size.
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Meaningful knowledge of the risk management framework, including risk identification, risk appetite and strategy, risk-related decisions, processes and controls, risk analytics and governance.
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Experience working horizontally across an organization and participating in enterprise-wide implementations of major policy and relevant risk programs.
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Broad understanding of relevant Third-Party Risk Management regulation and supervisory expectations for large complex financial institutions preferred.
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Well-developed listening skills and a strong ability to engage at the executive management level by providing proactive support and advice on a variety of risk matters.
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Superior oral and written communication skills, and in particular ability to assess and contribute to the content of key risk and control reporting.
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Strong leadership skills and demonstrated experience with a proven track record in driving positive and sustained change.
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Strong ability to engage at the senior management level and demonstrated communication experience at different levels of organization.
------------------------------------------------------ ## Job Family Group:
Project and Program Management:
------------------------------------------------------ ## Job Family:
Program Management
------------------------------------------------------ ## Time Type:
Full time
------------------------------------------------------ ## Most Relevant Skills
Please see the requirements listed above.
------------------------------------------------------ ## Other Relevant Skills
For complementary skills, please see above and/or contact the recruiter.
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