VP, Business Risk and Control Officer

Welcome to Citigroup, a global leader in financial services. We are currently seeking a highly skilled and experienced Vice President, Business Risk and Control Officer to join our team. In this role, you will be responsible for ensuring the effective management of risks and controls across our business operations. As a critical member of our team, you will play a key role in protecting our company's reputation and financial stability. If you have a strong background in risk management and possess excellent leadership and communication skills, we invite you to apply for this exciting opportunity.

1. Develop and implement risk management strategies and policies to ensure compliance with company and industry regulations and standards.
2. Conduct regular risk assessments and identify potential risks and vulnerabilities within the organization.
3. Collaborate with various departments and business units to establish and maintain effective risk controls and mitigation plans.
4. Monitor and analyze key risk indicators to identify trends and potential areas of improvement.
5. Communicate risk management strategies and updates to senior management and stakeholders.
6. Train and educate employees on risk management policies and procedures.
7. Stay updated on industry trends and best practices in risk management to continuously improve the company's risk management framework.
8. Lead and manage a team of risk and control officers to ensure timely and effective execution of risk management initiatives.
9. Conduct investigations and root cause analysis to identify the underlying causes of risk incidents and implement corrective actions.
10. Collaborate with internal and external auditors to ensure compliance with audit requirements and address any identified issues.
11. Prepare and present risk management reports to senior management and executive teams.
12. Proactively identify and address potential reputational and financial risks to protect the company's brand and financial stability.
13. Foster a culture of risk awareness and accountability throughout the organization.
14. Develop and maintain strong relationships with key stakeholders and regulatory bodies.
15. Continuously evaluate and improve the company's risk management processes and procedures.

According to JobzMall, the average salary range for a VP, Business Risk and Control Officer in Getzville, University at Buffalo, NY, USA is $140,000-$175,000 per year. However, this can vary depending on the specific company, industry, and level of experience of the individual. Additional factors such as bonuses, benefits, and location may also affect the overall salary range.

Citigroup Inc. or Citi is an American multinational investment bank and financial services corporation headquartered in New York City. The company was formed by the merger of banking giant Citicorp and financial conglomerate Travelers Group in 1998; Travelers was subsequently spun off from the company in 2002.