Operational Control Manager (VP) - 13 month FTC
Join to apply for the Operational Control Manager (VP) - 13 month FTC role at The Citco Group Limited
Operational Control Manager (VP) - 13 month FTC
3 days ago Be among the first 25 applicants
Join to apply for the Operational Control Manager (VP) - 13 month FTC role at The Citco Group Limited
JOB DESCRIPTION
The Citco Banks offer our clients the ability to transact, place cash on deposit and access foreign exchange markets and loan facilities. Operating from multiple locations globally, we provide custody and depositary services and credit facilities, with our solutions fully integrated with our fund administration and corporate and trust offerings.
About Citco
JOB DESCRIPTION
The Citco Banks offer our clients the ability to transact, place cash on deposit and access foreign exchange markets and loan facilities. Operating from multiple locations globally, we provide custody and depositary services and credit facilities, with our solutions fully integrated with our fund administration and corporate and trust offerings.
About The Team & Business Line
Citco Banks are looking for an Operational Control Manager (OCM) who will assist the business in executing the risk management framework. The Operational Control Manager will work closely with business managers and their operational teams to identify and assess operational risks and propose mitigating actions in areas such as payment processing, Depositary Services, Treasury. The OCM will report to the Head of OCM based in Toronto.
Within the three lines model, the OCM team sits in the first line. As the “Operational Control Manager” you will be a key reference point for the business to develop and maintain operational risk management processes in everyday activities, supporting and promoting the concept that ‘everyone is a risk manager’.
Responsibilities
Your Role:
* Actively support the First Line in implementing the Operational Risk Management program components, including but not limited to: risk event and action plan management, Risk & Control Self-Assessments, Key Risk Indicators, etc. and monitor for adherence to requirements, escalating concerns where required;
* Actively support the First Line business managers in designing, assessing and managing the control environment, develop and support a consistent best practice design and the effective execution of internal controls;
* Identifying, documenting and assessing key controls for testing on a pro-active basis;
* Champion behaviors that embed a strong risk management culture across the company;
* Foster strong stakeholder management to enable active and collaborative working relationships;
* Coordination/facilitation of the control testing process, which is outsourced to a Shared Service Centre;
* Governance: ensure efficient organization and execution of operational risk governance committees including preparation and coordination of meeting materials, drafting minutes and being an active participant/chair of the meeting;
* Reporting: Provide a monthly OCM report, presented to various committees, as well as any requested ad hoc report;
* Support the Head of OCM and the rest of the team in undertaking ad-hoc projects, as assigned by the Head of OCM.
Qualifications
About You:
* You are degree qualified with a minimum of 5-8 years operational risk or control management related work experience in a financial services institution;
* A solid understanding of banking, treasury management and payments processes is an asset;
* Experience or strong knowledge in Business Continuity Management is desirable but not essential.
* Ability to build strong relationships with operational staff at all levels and Second Line staff;
* Strong analytical, research and reporting skills with attention to detail;
* Proven solution provider with an innovative approach;
* Pro-active and result driven;
* Hands-on mentality;
* Strong critical thinking;
* Strong verbal and written communication skills;
* Strong organization and time management skills
* Ability to work independently and as part of a widely distributed team and partner with multiple stakeholders.
Our Benefits
Your well being is of paramount importance to us, and central to our success. We provide a range of benefits, training and education support, and flexible working arrangements to help you achieve success in your career while balancing personal needs. Ask us about specific benefits in your location.
We embrace diversity, prioritizing the hiring of people from diverse backgrounds. Our inclusive culture is a source of pride and strength, fostering innovation and mutual respect.
Citco welcomes and encourages applications from people with disabilities. Accommodations are available upon request for candidates taking part in all aspects of the selection.
#INDCIT
Seniority level
* Seniority level
Mid-Senior level
Employment type
* Employment type
Full-time
Job function
* Job function
Accounting/Auditing and Finance
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