Technology & Cyber Risk Group Manager, India Lead - Senior Vice President

Job description

Citi’s Risk Management organization oversees risk-taking activities and assesses risks and issues independently of the front-line units. We establish and maintain the enterprise risk management framework that ensures the ability to consistently identify, measure, monitor, control and report material aggregate risks. We’re currently looking for a high caliber professional to join our team as Technology & Cyber Risk Group Manager, India Lead - Senior Vice President (Internal Job Title): Technology & Cyber Risk Group Manager, India Lead – C14 based in Mumbai, India. Being part of our team means that we’ll provide you with the resources to meet your unique needs, empower you to make healthy decisions and manage your financial well-being to help plan for your future. For instance: • Citi provides programs and services for your physical and mental well-being including access to telehealth options, health advocates, confidential counseling and more. Coverage varies by country. • We believe all parents deserve time to adjust to parenthood and bond with the newest members of their families. That’s why in early 2020 we began rolling out our expanded Paid Parental Leave Policy to include Citi employees around the world. • We empower our employees to manage their financial well-being and help them plan for the future. • Citi provides access to an array of learning and development resources to help broaden and deepen your skills and knowledge as your career progresses. • We have a variety of programs that help employees balance their work and life, including generous paid time off packages. • We offer our employees resources and tools to volunteer in the communities in which they live and work. In 2019, Citi employee volunteers contributed more than 1 million volunteer hours around the world The Technology and Cyber Compliance and Operational Risk Office (TCCORO) at Citi is the firm’s reliable second set of eyes. Our mission is to drive comprehensive and consistent practices designed to identify, measure, monitor, report and manage operational and compliance risks while promoting the implementation of actions to address root causes which may lead to unintended operational losses or regulatory breaches. TCCORO provides the specialist subject matter experts to challenge Enterprise, Infrastructure, Operations and Technology entities across the firm. We are the technology and cyber conscience of the bank. In line with the Operational Risk Management (ORM) and Independent Compliance Risk Management (ICRM) frameworks, we aim to ensure that the internal controls that are designed to mitigate technology and cyber risks are managed, mitigated, and aligned with our risk appetite. The Cyber / Tech 2nd LOD Group Manager is part of the Business Segment Technology Risk & Compliance Function within TCCORO which focuses on all lines of businesses within India (Services Markets, Banking), with a primary focus on the growing Services businesses. This role is accountable for management of complex, critical professional disciplinary areas and will manage a team of professionals. The role will leverage technology and cyber subject matter expertise, business experience, data analysis techniques, current events, and industry trends and best practices to inform the prioritization of risks and the second-line’s approach for associated challenge and influence activities. This position actively works with our ORM and Compliance partners and other stakeholders to provide subject matter expertise in line with our operational and compliance risk management frameworks. A successful candidate will have expertise in cyber risk in global financial services, be able to demonstrate a comprehensive understanding of the subject matter and how it applies to related risks.  They should have a strong track record in technology and cyber risk management and/or a strong technical background with excellent analytical skills. Excellent communication skills required to negotiate internally, often at a senior level. A successful candidate should also demonstrate a strong interest in the field and a passion for risk management. In this role, you’re expected to : • Managerial responsibility of a team including management of people, budget and planning, to include performance evaluations, compensation, hiring, disciplinary actions, terminations and budget approval. • Accountable for internal projects on threat issues that support a variety of participants and stakeholders measuring the effectiveness and comprehensiveness of Citi’s first line defenses. • Establishes and oversees the application of compliance and technology and cyber policies and procedures, technology and tools, and governance processes to provide credible challenge for minimizing losses from technology and cyber risks. • Independently assesses technology and cyber risks and drive actions to address the root causes that persistently lead to operational risk losses by challenging both historical and proposed practices. • Leads independent assurance activities to assess areas of concern including substantive and controls testing. • Monitors, evaluates, and challenges Key Risks and associated Key Risk Indicators triggers and thresholds. Also lead discussions with Key Indicator owners on breaches and action steps to correct breaches. • Serves as the substantive analytical authority for potential risks associated with program/project delivery on a technical and detailed level. • Leads various second line of defense technology and cyber assessments including risk assessments, control assessments, maturity assessments etc. • Assesses technology and cyber risks associated with new initiatives and