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Procurement and Third-Party Management Operational Excellence Group Manager - Senior Vice President

Citi · Chennai, Tamil Nadu, India

15–25 yrs experiencePosted 4w ago
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Job description

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:** - Develop strategy, working framework and execute on P&TPM comprehensive remediation plans to address compliance deficiencies identified by regulators and internal audits. - Develop cross-functional relationships with stakeholders to ensure successful execution of the plan. - Identify, analyze risks, and develop strategies to mitigate them. - Provides regular updates and reports to senior management and at necessary governance forums regarding the progress of the remediation plan. - Develop and maintain best practices for regulatory compliance and ensure adherence to these practices. - Maintain knowledge of third-party risk management and their associated compliance requirements - 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. - Proactively identify continuous improvement opportunities to de-risk P&TPM Operations - Manage a small team of individuals with similar capabilities. **Qualifications:** - 12+ years of relevant experience - Extensive experience in audit, risk and control, supervision, quality assurance / control and monitoring processes. - Extensive experience in risk and control (including regulatory) remediation activities. - Ability to effectively drive and lead change in an organization with Citigroup’s size. - Meaningful knowledge of the risk management framework, including risk identification, risk appetite and strategy, risk-related decisions, processes and controls, risk analytics and governance. - Experience working horizontally across an organization and participating in enterprise-wide implementations of major policy and relevant risk programs. - Broad understanding of relevant Third-Party Risk Management regulation and supervisory expectations for large complex financial institutions preferred. - 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. - Superior oral and written communication skills, and in particular ability to assess and contribute to the content of key risk and control reporting. - Strong leadership skills and demonstrated experience with a proven track record in driving positive and sustained change. - 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. ------------------------------------------------------ *Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.* *If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review* *[Accessibility at Citi](https://www.citigroup.com/citi/accessibility/application-accessibility.htm).* *View Citi’s [EEO Policy Statement](https://www.citigroup.com/global/eeo-aa-policy) and the [Know Your Rights](https://www.eeoc.gov/sites/default/files/2023-06/22-088_EEOC_KnowYourRights6.12ScreenRdr.pdf) poster.*