Citi Third Party Risk Team Lead in Budapest, Hungary
Primary Location: Hungary,Budapest,Budapest
Education: Bachelor's Degree
Job Function: Risk Management
Shift: Day Job
Employee Status: Regular
Travel Time: No
Job ID: 18020844
Citi Service Center Budapest was established in 2005 to serve 54 countries across EMEA and globally in some functions. We have grown over the years to boast over 20 separate products and functions, exceeding 1,000 employees and we continue to grow.
We are looking for a Third Party Risk Team Lead for our Team within the Enterprise Supply Chain (ESC) organization.
Who we are? Our team 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.
Third Party Risk Team Lead
Build strong internal relationships and help strengthen controls and awareness across Citi businesses globally
Conduct root-cause analysis and recommend solutions to improve efficiency and effectiveness of third-party risk management activities conducted by the ESC Third Party Utility (TPU)
Liaise with Third Party Officers (TPOs), Business Activity Owners (BAOs), and Sector and Regional Risk teams as necessary, to review findings, when related to business actions taken or to be taken
Provide expert guidance and support on the development of key controls, standard processes, operating procedures, and promulgation of best practices
Perform a lead role in the design, development, and execution of key TPU initiatives
Supporting third-party selection process through evaluation of different questionnaires for insurance coverage, HR Management, Subcontractor reliance, corporate responsibilities, etc.
Conduct different research activities, like Sanctions Screening, AB&C assessment, Reputation Check and Note Worthy News monitoring
Support ongoing monitoring activities through the evaluation of different questionnaires
Third-party onboarding activities
Documenting termination plans and off boarding of third parties etc.
Perform quality assurance and quality control reviews
Monitor progress on agreed upon third-party remediation activities and escalate issues as necessary
People management responsibility for a team, including coaching and training, as well as regular performance management. Maintain low attrition rate throughout the year.
Workforce management responsibility
Resource and staff up for related activities
Monitor metrics and performance indicators
Min. 5 years employment in multinational, supply chain, shared service environment OR 7 years regardless of the field
Minimum 3 years of direct people management experience
Fluent written and spoken English
Organizational skills: time, priorities, coordination, delegation
Decision making, conflict resolution
Diplomatic skills / political savvy
What we offer:
Opportunity to gain in-depth knowledge of a Shared Services and Supply Chain organization.
Opportunity to develop team management, Supply Chain knowledge, process improvement and project management skills
Opportunity to develop into a financial shared service professional, especially in terms of stakeholder management, problem solving, strategic thinking, influencing skills
Apply now to be part of this multicultural and dynamic team. Your place is here.