Client Risk Assessment and Controls Design – In Business Regulatory Risk Management

The incumbent will provide essential support to the Business Risk and Controls Team for the UAE Wealth business. This role involves assisting in the development, design, and implementation of robust control programs, ensuring adherence to Citi's Policies, Standards, and Frameworks. The analyst will be instrumental in supporting the assessment of control effectiveness, identifying areas for improvement, and helping to implement necessary changes. This position requires active contribution to managing risks within the firm's Risk Appetite and supporting various global risk management programs, all under the direct supervision and guidance of the Manager.

Responsibilities:

• Provide analytical support in managing regulatory change, including data compilation for risk identification, impact assessments, and tracking implementation status.

• Support the Risk Assessment and Controls Design Lead in facilitating regulatory change management activities, including preparing materials for impact assessments on business processes, policies, and systems.

• Support coordination and efforts for regulatory examinations, audits, and inquiries, encompassing meticulous information gathering, document production, and logistical management.

• Help with coordination of the preparation and review responses to regulatory requests, ensuring accuracy and completeness of approvals.

• Assist in the continuous evaluation and maintenance of regulatory inventory linkages to supporting controls, contributing to the assessment of regulatory risk within the Managers Control Assessment (MCA) process.

• Support the development and implementation of robust and integrated risk and control frameworks and contribute to strengthening control practices and recommendations.

• Support data collection and collaboration with cross-functional teams to ensure accurate, complete, and timely submission of all required regulatory reports.