Third Party Risk Analyst - BAO Support Team

Are you looking for a career move that will put you at the heart of a leading financial institution? Then bring your skills in analysis, problem solving and communication to Citi’s Third Party Management – BAO Support Team.

By joining Citi, you will become part of a global organization whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.

Team/Role Overview

Through managing the day-to-day processes, Citi’s Third Party Risk Management – BAO Support Team plays a pivotal role in supporting Citi’s mission. We are seeking a Third Party Risk Analyst to join our dynamic team. Your job will be focused on guiding our business activity owners (BAOs) through Citi’s wide and complex risk management policies and be a trusted advisor for them.

What you’ll do

• Build strong internal relationships and help strengthen controls and awareness across Citi businesses globally
• Provide expert guidance and support on key controls, standard processes, operating procedures, and promote best practices
• Monitor reports to ensure third-party management policy required pre-contract due diligence and post-contract ongoing monitoring is carried out by responsible and / or accountable parties
• Work closely together with BAOs and support them to make sure all products and third parties comply with Citi’s risk mitigation standards
• Contribute to risk assessments and drive actions to address the root causes that persistently lead to operational risk losses by challenging both historical and proposed practices.
• Ensures that all product, operational, fiduciary, regulatory and payment system risks are actively identified, monitored, and adequately controlled
• Identify system or process weaknesses, proposing resolutions that will mitigate the exposure and increase processing efficiency

What we’ll need from you

• 1-2 years of relevant experience
• Proficient English knowledge (both written and verbal)
• Excellent communication and influencing skills
• Ability to function independently
• Proficiency in MS Office Word, Excel and PowerPoint applications
• Bachelor’s/University degree or equivalent experience

We are a development-focused organization. The above qualifications and skills are considered as primary assets for the position – but we do not pursue perfectionism: we look for capable colleagues and help them grow to excellence in their fields and positions.

What we can offer you

This is a role that will offer you the opportunity to build and in-depth knowledge of financial services risk operations. Every day there will be new business challenges that will help you develop new skills that can drive your career.

By joining Citi Hungary, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive compensation package and enjoy a whole host of additional benefits that support you (and your family) to be well, live well and save well:

• Cafeteria Program
• Home Office Allowance (for colleagues working in hybrid work model)
• Paid Parental Leave Program (maternity and paternity leave)
• Private Medical Care Program and onsite medical rooms at our offices
• Pension Plan Contribution to voluntary pension fund
• Group Life Insurance
• Employee Assistance Program
• Access to a wide variety of learning and development programs, online course libraries and upskilling platforms, such as Udemy and Degreed
• Flexible work arrangements to support you in managing work - life balance
• Career progression opportunities across geographies and business lines
• Socially active employee communities with diverse networking opportunities

Alongside these benefits Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day.  We want the best talent around the world to be energized to join us, motivated to stay, and empowered to thrive. 

Sounds like Citi has everything you need? Then apply to discover the true extent of your capabilities.