Managers Control Self-Assessment

About the team:

Within the Banking and International risk and controls organization, this team drives operational resilience through sustaining and utilizing the dynamic Managers Control Self-Assessment (MCA) framework to manage risk into appetite. It actively shapes and implements the MCA as a vital tool to continuously assess and manage the inherent risk profile of the business and drive any required improvement to the control framework to mitigate risk into appetite. Committed to adaptability, the team ensures the MCA process evolves with real-world changes, proactively identifying emerging risks and solidifying control effectiveness across global operations.

About the role:

Individuals in MCA are responsible for designing and implementing a comprehensive and robust Managers Control Self-Assessment (MCA), also known as Risk & Control Self-Assessment (RCSA), and the execution of control activities thus improving identification and remediation of significant control issues and operational risk events in a timely manner.

What you will do:  

• Contribute to control activities of the Managers Control Self-Assessment (MCA) program, also known more generally within Financial Services as the Risk & Control Self-Assessment (RCSA).
• Assist & oversee the MCA program, including quality oversight, and related reporting.
• Identify, analyze, and assess potential inherent risks, ensuring timely identification and remediation of significant control issues and operational events.
• Support the execution of the MCA in accordance with the Operational Risk Management (ORM) Policy & Framework, as well as applicable Policies, Standards, and Procedures.
• Develop and maintain ORM tools and methodologies to support accurate and consistent assessments of the risk and control environment
• Regularly monitor key performance indicators (KPIs) and evaluate the effectiveness of risk and controls.
• Recommend enhancements or improvements as necessary to the Process, Risk and Control content of the MCA.
• Maintain a robust tracking and reporting MCA inventory of content including key metrics to provide visibility on the status of control gaps and MCA quality control processes
• Drive MCA best practices, transformation, and execution consistency across business/functions

What we need from you:

• Minimum of 5-8 years of experience in operational risk management, compliance, audit, or other control-related functions in the financial services industry.
• Ability to identify, measure, and manage key risks and controls.
• Strong knowledge in the development and execution for controls.
• Proven experience in control related functions  and implementing sustainable solutions.
• Understanding of compliance laws, rules, regulations, and best practices.
• A solid grasp of the principles in Citi's Policies, Standards, and Procedures.
• Strong analytical skills to evaluate complex risk and control activities and processes.
• Solid verbal and written communication skills, with a demonstrated ability to engage at the senior management level.
• Exceptional problem-solving and decision-making skills.
• Ability to manage multiple tasks and priorities.
• Proficiency in Microsoft Office suite, particularly Excel, PowerPoint, and Word.
• Bachelor's/University degree or equivalent experience

What we can offer you:

By joining Citi Hungary, you will not only be part of a workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive compensation package and enjoy a whole host of additional benefits that support you (and your family) to be well, live well and save well:

• Cafeteria Program
• Home Office Allowance (for colleagues working in hybrid work models)
• Paid Parental Leave Program (maternity and paternity leave)
• Private Medical Care Program and onsite medical rooms at our offices
• Pension Plan Contribution to voluntary pension fund
• Group Life Insurance
• Employee Assistance Program
• Access to a wide variety of learning and development programs, online course libraries and upskilling platforms, such as Udemy and Degreed
• Flexible work arrangements to support you in managing work - life balance.
• Career progression opportunities across geographies and business lines
• Socially active employee communities with diverse networking opportunities

Alongside these benefits Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day.  We want the best talent around the world to be energized to join us, motivated to stay, and empowered to thrive. 

Sounds like Citi has everything you need? Then apply to discover the true extent of your capabilities. 

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Job Family Group:

Controls Governance & Oversight

Job Family:

Managers Control Self-Assessment

Time Type:

Full time

Most Relevant Skills

Analytical Thinking, Assessment, Business Insights, Communication, Constructive Debate, Controls Lifecycle, Controls Management, Data Quality Management, Risk Management, Stakeholder Management.

Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

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.

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