BCMA - Business Risk Senior Analyst Managers Control Assessment (MCA) Specialist BCMA - Business Risk Senior Analyst Managers  …

in Singapore
Permanent, Full time
Be the first to apply
in Singapore
Permanent, Full time
Be the first to apply
BCMA - Business Risk Senior Analyst Managers Control Assessment (MCA) Specialist
The Managers Control Assessment (MCA) Specialist role will be responsible for the oversight and management of Banking, Capital Markets and Advisory (BCMA) MCA requirements across the APAC region country Assessment Units (AUs). Working with the In-Business Risk & Control Regulatory Change Management SME the individual will provide guidance, oversight and as needed challenge to the Business on all matters relating to the MCA process including -
  • Governance;
  • Activity, Risk, Control & Monitoring assessments;
  • Issue and loss mapping

The role has a direct reporting line to the Senior Regional IBR&C member in Singapore .

The individual will perform the role through proactive engagement and coordination with the Regional Business Risk & Control Teams, and In-Country Business teams, through effective challenge in formal governance forums and in day-to-day management processes. Additionally, the role leverage all the core tools that are part of the Operational Risk Management (ORM) framework, viz., the Key Operational Risk (KOR) identification and Key Risk Indicator (KRI) monitoring process, scenario analysis, Manager's Control Assessment (MCA) challenge as part of Citi's Governance, Risk and Control (GRC) framework. The objective is to ensure compliance with Citi's Operational Risk Framework and Firm policies.

Key responsibilities

In-Business Risk and Control responsibilities:
  • Working with the Regional In-Business Risk & Control Teams actively participate in Risk and Control initiatives and projects

CRC & MCA Specific responsibilities:
  • CRC Data Quality
  • Review and ensure remediation of all items arising from ORM and Business quarterly and ad hoc data quality reviews
  • Review and ensure remediation of all items noted on the data Quality Metrics published by ORM and or BCMA.
  • Tracking of unmapped Issues & OREs
  • Assist in both Inherent and Residual Risk reviews
  • Ensure Activity, Risk, Control and Monitoring descriptions meet the requirements as set out in the MCA procedures
  • Ensure all critical dependencies are accurately reflected in CRC
  • Ensure timely and accurate completion of QRA & ARAs
  • Reporting on status of MCA activities
  • Perform other independent challenges and clean ups to ensure sound data quality of data in CRC
  • Participate in all First and Second line challenges, as required

Help drive consistency of:
  • Interpretation and execution of MCA standards and procedures
  • Usage of standard MCA profiles (SMPs)
  • Standardization and rationalization of content
  • Risk scoring of ARCM's
  • Monitoring methods
  • Identify opportunities to automate monitoring
  • AU & MGE Structure, including DU's
  • Assist the regulation change management process, ensuring consistency of applicability and control mappings

Facilitate MCA Standardization and data quality

Job Requirements

Qualifications and skills:
  • Minimum 8 - 10 years in Enterprise / Operational Risk Management, Audit, Compliance or other control functions
  • Demonstrated strong working knowledge of BCMA products and the related operations and financial requirements
  • Excellent project management and organizational skills and capability to handle multiple projects at one time
  • Consistently demonstrates clear and concise written and verbal communication skills
  • Proficient in the learning and use of new systems to capture operational risk data for internal analysis

Knowledge and understanding of Citi applications and systems would be advantageous

  • Bachelor's/ University degree or equivalent professional qualification

Job Family Group:
Risk Management

Job Family:
Business Risk & Controls

Time Type:
Full time

Citi is an equal opportunity and affirmative action employer.

Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Citigroup Inc. and its subsidiaries ("Citi") invite all qualified interested applicants to apply for career opportunities. 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 .

View the " EEO is the Law " poster. View the EEO is the Law Supplement .

View the EEO Policy Statement .

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