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Descubre tu futuro en Citi: gerencia de riesgos y cumplimiento en la industria de seguros.
Contribuye a la organización global de Citi y lidera prácticas de gobernanza en Hong Kong.
Discover your future at Citi
Working at Citi is far more than just a job. A career with us means joining a team of more than 230,000 dedicated people from around the globe. At Citi, you’ll have the opportunity to grow your career, give back to your community and make a real impact.
Job Overview
At Citi , we get to connect millions of people across hundreds of cities and countries every day. And we've been doing it for more than 200 years. We do this through our unparalleled global network. We provide a broad range of financial services and products to our clients – whether they be consumers, corporations, governments or institutions – to help them meet their biggest opportunities and face the world's toughest challenges.
Shape your Career with Citi
We’re currently looking for a high caliber professional to join our team as VP, Product Mgmt Lead Analyst (Internal Job Title: Product Mgmt Lead Analyst - C13) based in Hong Kong. Being part of our team means that we’ll provide you with the resources to meet your unique needs, empower you to make healthy decision and manage your financial well‑being to help plan for your future. For instance:
Citi provides programs and services for your physical and mental well‑being including access to telehealth options, health advocates, confidential counseling and more. Coverage varies by country.
We believe all parents deserve time to adjust to parenthood and bond with the newest members of their families. That’s why in early 2020 we began rolling out our expanded Paid Parental Leave Policy to include Citi employees around the world.
We empower our employees to manage their financial well‑being and help them plan for the future.
Citi provides access to an array of learning and development resources to help broaden and deepen your skills and knowledge as your career progresses.
We have a variety of programs that help employees balance their work and life, including generous paid time off packages.
We offer our employees resources and tools to volunteer in the communities in which they live and work. In 2019, Citi employee volunteers contributed more than 1 million volunteer hours around the world.
In this role, you’re expected to:
Insurance Business Governance Lead is responsible for managing a holistic and integrated approach to Product Solutions and Advisory related risks within Insurance business in Hong Kong. The Insurance Business Governance Lead will help ensure that insurance governance, compliance and control matters from business perspective are within the operating risk discipline. Insurance Business Governance Lead is also responsible in continuously identifying and assessing risks, design and establish effective mitigation plans and oversight of robust governance framework for Insurance.
Key Responsibilities:
- Lead the insurance business governance meeting in Hong Kong, ensuring strong governance and oversight of the Insurance Business, and oversees enforcement and adherence to Citi’s policies, standards and procedures
- Partner and collaborate with 1st line and 2nd line of defense stakeholders to ensure governance routines and controls are effective and aligned to support business growth and strategies.
- Manage emerging risk evaluation, promptly reports control issues, identifies root causes, and recommends corrective actions to prevent potential breaches. Ensure that any insurance self-identified issues are addressed and closed in a timely manner and within the target due date.
- Track insurance Key Risk Indicators (KRI) in country and ensures that appropriate corrective actions are taken, and controls and monitoring are established, when required, for any observations or breaches in the business set KRI thresholds.
- Lead the regulatory change management in Hong Kong and enforce the requirements to Product Solutions and Advisory stakeholders for adherence. Drives the implementation of corrective actions for any observations or gaps identified in the regulatory change assessment in consultation with 2nd line of defense.
- Represent insurance business in any internal audit and compliance testing reviews, and regulatory examinations. Ensure that requested deliverables are submitted in a timely manner; preparation on process walkthroughs where all relevant functions are sufficiently briefed and aligned on the requirements; identification of any gaps or observation on the processes are raised as a self-identified issues to secure credit on the review results.
- Facilitate the implementation of Citi’s Control Assessment transformation activities for Insurance business. Identify and assess new controls or enhance existing controls to ensure they are adequately designed, effectively monitored and thoroughly tested, to address the evolving nature of the business and associated process, and regulatory requirement changes.
- Oversight on the applicable control requirements on insurance provider relationships which includes product compliance, ongoing governance and monitoring on quantity and quality of third party risk management to achieve satisfactory risk assessment results.
- Participate in cross-functional teams to drive insurance control simplification initiatives, resolve operational or regulatory issues, to mitigate business impact and adherence to laws and regulations.
- Oversee procedural implementation and change management to ensure sound governance and controls.
- Proactively identify opportunities for process improvement, integration and simplification of controls, and drive adoption of best practices to improve operational effectiveness within the business.
- Foster a culture of compliance, risk awareness, and continuous improvement within the insurance business.
Qualifications
Bachelor’s degree/University degree or equivalent experience with strong strategic, analytical and product management skills
Must have exposure to minimum 5 years of business governance, risk, control, audit or compliance roles
Understanding of banking system and insurance regulatory landscape in Hong Kong
Proven ability to operate successfully in a complex and highly regulated business environment
Experience with governance, risk and control management, as well as engaging with 2nd/3rd lines of defense
Demonstrated ability to drive business process improvements with enhanced controls
Ability to move from granular detail to strategic level, with effective executive presentation skills
Comfortable operating with limited guidance and under significant time pressure
Ability to work in a team-oriented environment and lead a team towards a common goal
Citi is an equal opportunity employer
Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.
If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi .
View Citi’s EEO Policy Statement and the Know Your Rights poster.