SVP / Payment Controls Operations – Implementation Lead

About the team:

Cash Services is an enterprise-wide utility providing financial integrity and efficiency through comprehensive payroll management, strategic cash flow optimization and robust payment capabilities controls, empowering our organization to thrive and our employees to succeed. 

Payment Controls Operations, as part of Cash Services, is responsible for enabling a framework for movement of funds risk and portfolio governance oversight for Citi.  Leads strategy and initiatives to implement new or enhanced governance processes and enable operationalization of enterprise-wide standards.

Key Responsibilities:

·Oversees the development, implementation and application of operational risk policies, technology and tools, and governance processes to create lasting solutions for deliverables on movement of funds governance as a core enterprise capability.

·Governance and oversight of movement of funds, large payment controls system or process and application integration initiatives, serving as an oversight function working with lines of businesses or in business risk and control teams.

·Act as escalation point centrally to communicate and escalate reviews, concerns, and breaches.

·Research, document and exports best practices and common risk, controls, and corrective actions through Framework Papers

·Ensures that movement of funds related KORs and KRCIs are communicated and understood by Businesses.

·Develops and maintains relationships across the business users and Lines of Defense to better understand and deliver control and oversight requirements.

Key Human Skills:

·10+ years’ work experience

·Self-motivated and accountable

·Excellent communication skills – verbal & written.

·Strategic mindset with the ability to think critically, solve complex problems, and drive innovative solutions through practical outcomes.

·Ability to be responsible for a strategy, process, or control portfolio.

·Experience with stakeholder management or cross functional teams.

Technical Skills:

·2 years+ relevant experience in the area of Movement of Funds/ Payments Operational Risk. Knowledge of other risk disciplines (market risk, credit risk) a plus.

·Expertise in the following would be beneficial: Processing mapping, Processing Risk, Management Control assessments.

Education:

• Bachelor’s/University degree, Master’s degree preferred

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In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.

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Anticipated Posting Close Date:

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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.

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