Mca Senior Coordinator

The Manager Control Assessment (MCA) Sr Coordinator is accountable for management of complex/critical/large professional disciplinary areas. The Manager Control Assessment (MCA) Sr Coordinator function works with members of the 1st, 2nd, and 3rd Line of Defense and Business Process Owners (BPO) to maintain Operational Risk Management design of their respective Cluster. The MCA Sr Coordinator supports the Business to deliver the Bank's Operational Risk Framework, maintaining a strong MCA program and ensures a consistent implementation of MCA Standards and Procedures, and ORM Framework across the Cluster.The Manager Control Assessment (MCA) Sr Coordinator provides excellent communication skills required to negotiate internally, often at a senior level. Some external communication may be necessary. Accountable for the end results of an area.This position reports to the Cluster IBCO or IBCO and must have appropriate experience in Internal Control, and Operational Risk Management. Additionally, the role will require working support functions, Business Stakeholders, MCA Coordinator, Functional areas, and Global related areas.**Key responsibilities**:**Activity, Risk & Control Identification**:- Work in collaboration with the Business Process Owner (BPOs) to identify, review and maintain Risk & Controls considering information sources (i.e. Business processes, Internal & External Reviews, SMPs, emerging operational risk, Issues, Operational Losses Events, Regulations & Policies and dependencies) to ensure Manager's Control Assessment (MCA) completeness.- Ensure new and changed risks and controls are appropriately articulated in the Manager Control Assessment (MCA).- Assist, escalate and follow up with BPO and OGC in the identification and evaluation of operational risks and controls, including identification of potential issues and opportunities for improvement.**Risk, Control & Monitoring Assessment**:- Execution oversight to ensure monitoring quality, completeness, and effectiveness of Business MCA; in case of control breaches identified, escalate and follow up with the Cluster IBCO, IBCO and or Senior Management to develop Corrective Action Plans (CAPs) that will address said control breaches.- **Quarterly & Annual Risk Assessment**- Support the Cluster IBCO, IBCO and Assessment Unit (AU) Owner to analyse and integrate information for Residual Risk Results (control and monitoring design, issues mapping, Operational Risk mapping (back testing), monitoring results, Data Quality).- Ensure that overrides have a robust and clear rational. Confirm its applicability monthly and perform maintenance on the system.- Assist AU Owner and MCA Governance Entity (MGE) Owner carrying out a comprehensive Quarterly Risk Assessment (QRA) and Annual Risk Assessment (ARA) according MCA Standards.- Drive risk profile discussions, provide input, and ensure decisions are made regarding risk acceptance and mitigation with Cluster IBCO, IBCO, AU Owner and MGE Owner.**Risk & Control **Support** **Functions**- Provide information regarding MCA during Internal and External Reviews (i.e. Internal Audit, Strategic Franchise Reviews, FCR, Compliance Testing, Peer review, Regulatory Agencies).- Support the Cluster IBCO and IBCO to define the most significant ARCMs and monitoring methods (metrics and indicators), assess MIS adequacy, document key controls dependencies to internal service providers and vendors.- Assist in strengthening issue notification and escalation to ensure issue accountability by the respective BPO or functional areas; oversight of issues tagging accuracy, track the related corrective action plan portfolio.- Ensures that significant risks and issues are appropriately and timely escalated.- Oversight accurate entitlements assignment to ensure a consistent profiling within Citi Risk and Control system for the Cluster, MGE and Assessment Unit assigned.- Partner with business to ensure that governance and procedures associated with new project initiatives are within the Risk Framework.- Conduct inherent risk assessments in collaboration with the BPOs and SMEs.**Knowledge/Experience**:- Desirable with at least 5+ years of experience in successfully managing control strategic programs, audit risk, operational risk, and internal control background.- Significant experience in Operational Risk is necessary. Other risk and control disciplines would be a plus - credit, and market.- Experience in Internal Audit or Financial Control would be desirable.- Experience in Project Management, Design Thinking and Change Management would be desirable.**Qualifications**:- Bachelor’s/University degree, Master’s degree desirable.- Fluent in English and Spanish.- **Job Family Group**:Risk Management- **Job Family**:Operational Risk- **Time Type**:Full timeCiti is an equal opportunity and affirmative action employer.Qualified applicants will receive consideration without regard to their race, color,