Operational Risk Analyst

7 days ago


Pretoria, Gauteng, South Africa 11113 Citibank, N.A. South Africa Full time

Our values

We believe in empowering Africa's tomorrow, together...one story at a time. At 11113 Citibank, N.A. South Africa, we offer a unique opportunity to be part of our growth journey and shape our destiny as a leading financial institution in Africa.

Job Responsibilities

We are seeking a highly skilled Operational Risk Analyst - Investment Banking to join our team in the Investment Banking Division (IBD). The successful candidate will have a deep understanding of IB products and strong control assurance experience within a Pan African financial services environment.

The ideal candidate will have 5 years operational and/or risk experience in an Investment Banking environment and possess excellent analytical and communication skills.

The role involves guiding IBD front office and support functions in identifying current and emerging material inherent operational risk exposures and performing design and operational effectiveness assessments through assurance.

  1. Risk Identification: Guide IBD front office and support functions in identifying current and emerging material inherent operational risk exposures.
  2. Control Assessment: Perform design and operational effectiveness assessments through assurance and assist in meeting the annual assurance plan targets.
  3. Evaluation: Facilitate the rigorous assessment of the effectiveness of process checks and system controls in place to mitigate the material inherent risks identified.
  4. Control Environment Remediation: Advise on the effectiveness of existing controls as well as the design and implementation of new controls required to sufficiently mitigate material gaps.
  5. Risk Profile Monitoring: Lead in the monitoring and compilation of the IBD Risk Profile by partnering with risk teams from other control areas that impact IBD as well as with 2nd-line Operational Risk.
  6. Reporting: Consolidate reports to highlight issues, trends, remediation, testing outcomes and feed into the various CIB governance committees.
Benefits

We offer a competitive benefits package, including medical aid, life insurance, and retirement fund contributions.



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