Citi EMEA Fraud Risk - Director in Budapest, Hungary

  • Primary Location: Hungary,Budapest,Budapest

  • Other Location: United Kingdom,Northern Ireland,Belfast; Ireland,Leinster,Dublin

  • Education: Bachelor's Degree

  • Job Function: Risk Management

  • Schedule: Full-time

  • Shift: Day Job

  • Employee Status: Regular

  • Travel Time: Yes, 25 % of the Time

  • Job ID: 17040306


This role supports fraud risk management within the Global Fraud Independent Risk team.

The role serves as an Independent Fraud Risk Director for the EMEA Region. Covers all divisions and businesses within Citi. e.g. Core Consumer, Small Business Banking, Retail Commercial Bank,Citi Personal Wealth Management, Private Bank, TTS, Corporate Banking, Markets and Global Functions.

Key Responsibilities:

  • Support Regional Oversight lead in the implementation of Regional fraud strategy, policy and projects through close & continuous oversight.

  • Conduct fraud thematic and product oversight reviews in the region.

  • Coordinate and manage Fraud Risk tools development, design and implementation in conjunction with regional Fraud Execution (1st Line of Defense).

  • Assist and establish/maintain proactive fraud prevention mechanisms and fraud detection/investigation processes in the region.

  • Ensure fraud losses are operating within the defined Risk Appetite parameters. Setup/implement sampling and other required techniques for other products in the region.

  • Track fraud losses versus plan and counsel /review of individual countries / portfolios.

  • Oversee compliance to all policies and procedures established at the group level including connected Financial Crimes disciplines.

  • Recognised for fraud expertise as part of a wider group of peers with similar experience



  • A seasoned fraud risk professionalwith 10+ years of Fraud or Risk Management in the Banking space

  • Extensive experience banking products in eith Consumer, Commercial or Corproate Banking.

  • Deep understanding of risk management and credit cycle management

  • Thought leadership and clarity in presenting ideas to senior management.

  • Understanding and management of various drivers and metrics and the impact on Citi’s P&L.



  • Ability to work effectively with individuals with diverse backgrounds and positions

  • Ability to work independently

  • Ability to communicate complex analytical ideas effectively and persuasively

  • Ability to influence and stablish relationships with key stakeholders from remote locations

Functional Background:

  • Project management

  • Understanding of banking business , systems and processes

Technical Skills:

  • Deep understanding of risk management and credit cycle management

  • Thorough understanding of global Fraud practices and industry trends


  • University degree; Graduate or postgraduate in Business Administration, Economics, Statsistics, Econometrics, Engineering or any other computationally intensive discipline.


  • Core Credit Risk skills and understanding

  • Strong business drive and ability to mobilize organizational commitment and support for regional programs

  • Regulatory Risk and Compliance

  • Leadership skills and ability to deliver results, working with cross-functional and virtual teams

  • Good business understanding and working knowledge of Risk, Legal, Operations, Technology and Finance