Job Description

Primary Location: Costa Rica Education: Bachelor’s Degree Job Function: Corporate Services Schedule: Full-time Shift: Day Job Employee Status: Regular Travel Time: Yes, 10 % of the Time Job ID: 18010252 Description Job Purpose: The Third Party Risk Analyst IV will be responsible for executing day-to-day activities in support of Citi’s Third Party Management Program, including the implementation of key, standardized processes related to compliance with Citi’s policies and standards; guiding internal stakeholders; monitoring the timely and effective completion of pre-contract due diligence and post-contract ongoing monitoring activities; and ensuring data accuracy for the reporting of third-party related metrics Job Background/Context: Enterprise Supply Chain (ESC) reports in to the Enterprise Infrastructure group which in turn is part of the Citigroup Enterprise O&T division. ESC aims to deliver world-class end to end supply chain operations to Citigroup through Strategic Sourcing & Third Party Management, Third Party Risk Management and Supply Chain Operations including purchase processing and payables. Enterprise Supply Chain Controls and Governance is expanding and enhancing its operating model. A key priority for the team is to help strengthen Citi’s Third Party Management framework and program. Integral to this new framework is establishing, supporting and managing the new Third Party Utility (TPU), responsible for delivering standardized Citi-wide third party management processes. The TPU provides operational support, process guidance, and quality assurance and quality control oversight to businesses across Citi, leveraging a central utility infrastructure, standardized processes and operating procedures in order to execute robust risk management activities throughout the third-party management life cycle. Key Responsibilities: Provide support to Citi businesses for the execution of third-party risk management activities, including: Quality control reviews of Citi’s Management Plans for higher risk third-party relationships Data quality reviews of Citi businesses’ Exit Strategy Plans Reviewing a third party’s execution of business process requirements in accordance with operating procedures Information Security Assessments with third parties and Citi business stakeholders Internal risk assessments Third-party onboarding activities Documenting termination plans and off boarding of third parties Review results of third-party risk monitoring activities providing credible challenges to, and quality checks of, such results Perform quality assurance and quality control reviews for third-party risk management activities and provide credible challenges to accountable / responsible parties Monitor progress on agreed upon third-party remediation activities and escalate issues as necessary Liaise with Third Party Officers (TPOs) and Business Activity Owners (BAOs) to provide guidance on policy compliance and overall third-party risk management requirements Facilitate Citi businesses’ ongoing compliance with Third Party Management requirements outlined in Citi policies and standards Facilitate and coordinate with Subject Matter Experts (SMEs) in areas such as Data Privacy, Export Licensing, and Continuity of Business (CoB) to complete required due diligence and ongoing monitoring activities Execute common, standardized third-party risk management processes, managed centrally by the TPU. For example: Support third-party selection process through evaluation of bid responses against specific risk and control criteria Acts as a liaison between various internal and external stakeholders to provide process support throughout the third-party management life cycle Support reporting activities as required Participate on continuous improvement activities Complete all tasks in connection with the organization’s activity but not detailed in the current job description, charged by the direct manager, supervisor, or the functional head. Qualifications Knowledge/Experience: Preferred 4+ years of direct, relevant experience in third-party risk management or operational risk management Ideal candidate would have experience in the financial services industry and a working knowledge of banking regulatory requirements Knowledge of third-party management risk and control methodologies and best practices Skills: Strong organization skills, with proven ability to successfully manage multiple priorities Detail oriented, with strong problem solving and analytical skills Relationship management skills, with the ability to build partnerships across various Citi businesses Strong risk, process, and project management skills with proven ability to influence and drive results across a diverse team of stakeholders Excellent communication skills and fluent in English (both written and verbal) Proficient in MS Office applications Qualifications: Bachelor’s degree required Competencies: Demonstrated ability to synthesize, prioritize and drive results with a strong sense of urgency Ability to assess level of risk exposure based on identified risk characteristics Proven ability to interact effectively with diverse cultures and backgrounds

Source: Citi jobs in Costa Rica

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