Job
Description
About Procurement and Third-Party Management (P&TPM): As a key player in the procurement process for Citigroup, P&TPM holds the responsibility of managing the risks associated with third-party relationships. This involves overseeing outsourced arrangements across various business lines and locations. We are dedicated to defining and implementing policies and standards that assess and manage these risks effectively, ensuring that third parties deliver services safely, securely, and cost-effectively. Team/Role Overview: You have the opportunity to be a part of a dynamic team that caters to the Third Party Governance needs within TPM International. In this role, you will utilize your project management skills and deep disciplinary knowledge to contribute towards developing new processes and enhancing workflows and controls for the Third Party Management International team while ensuring compliance with regulatory requirements. Key Responsibilities: In this position, you will play a vital role in strengthening Citi's Europe TPM Cluster's Third-Party Risk Management (TPRM) framework. Your primary responsibilities will include: - Governance Oversight: - Ensuring Compliance: Guarantee effective adherence to local and global third-party risk management regulations, policies, and standards. - Supporting Governance Forums: Actively support Cluster and Country Third Party Governance Forums to facilitate communication and collaboration. - Stakeholder Management: Collaborate closely with stakeholders across the Europe Cluster to align with the TPM framework and address any compliance gaps. - Issue Escalation: Proactively identify and escalate potential risks and compliance issues to relevant stakeholders, including In-Business Risk, Third Party Officers, and Business Activity Owners. - Risk Management: - Monitoring & Analysis: Continuously monitor Key Risk Indicators (KRIs) to identify emerging third-party risks and conduct root cause analyses to develop effective mitigation strategies. - Process Enhancement: Evaluate existing TPM practices, identify improvement opportunities, and lead initiatives to enhance standards, procedures, controls, and governance processes for sustainable TPRM program optimization in Malaysia. - Advisory & Support: - TPM Policy Guidance: Provide expert guidance and support to country business teams on the interpretation and implementation of Third Party Risk Management policies, regulations, and local procedures. - Audit & Regulatory Exam Support: Collaborate with internal and external stakeholders to facilitate audits, regulatory examinations, and information requests. - Transformation Initiatives: Actively participate in Third-Party Management Transformation Program initiatives as directed by Global programs. Qualifications: To excel in this role, you should possess the following qualifications: - Analytical & Problem-Solving Skills: Strong analytical and problem-solving abilities with a detail-oriented and logical approach. - Communication & Collaboration: Exceptional interpersonal and communication skills to build strong relationships and influence stakeholders. - Governance & Compliance: Solid understanding of governance frameworks and experience supporting audits and regulatory reviews. - Proactive & Adaptable: Proactive, self-driven, and capable of managing multiple priorities in a fast-paced environment. - TPRM Expertise: Demonstrated knowledge of Third-Party Risk Management frameworks, methodologies, and regulatory requirements. Requirements: - 2-5 years of relevant experience in project management activities, including regulatory change and remediation work. - Proficiency in stakeholder management and collaborative work with partnering teams. - Strong Excel and PowerPoint skills. Education: - Bachelor's or University degree Citi is an equal opportunity and affirmative action employer.,
