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Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments, and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Our core activities are safeguarding assets, lending money, making payments, and accessing the capital markets on behalf of our clients.

Team/Role Overview

Procurement and Third-Party Management (P&TPM) is responsible for procuring products and services for Citigroup and manages the risks associated with Citi’s use of and reliance upon third party relationships, including outsourced arrangements, across all business lines and locations. P&TPM defines and oversees the implementation of policies and standards that provide controls to assess and manage risks related to Citi’s third-party relationships and outsourcing arrangements. The goal of P&TPM is to support Citi’s selection and management of third parties capable of providing products and services in a safe and sound manner and at a reasonable cost and to manage the risks associated with third parties.

Citi is currently seeking a Third-Party Management professional to join the team to support the United Kingdom in ongoing compliance with local regulations (PRA SS2/21) supported by Citi’s TPM Program.

What you’ll do:

• Maintain the United Kingdom Committee Decision Register (Committee Register) in line with Prudential Regulatory Authority requirements which includes all UK Outsourcing and Third-Party Management relationships.

• Reconcile the Committee Register against Citi Golden Sources and UK Relationship Outsourcing summarizes, including half yearly validation with Business Activity Owners and UK Service Recipient Owners.

• Maintain the Committee Register, Reconciliation and Validation Process documents.

• Produce the Annual Material outsourcing Register and submission to the Regulator within required timeline including maintaining required processes document and evidence of execution / approvals.

• Interpret and implement the UK Regulators Material outsourcing register requirements including engagement of 2nd and 3rd line to ensure ongoing compliance.

• Work with Initiative Owners and UK Regulatory Engagement Team to ensure that regulatory notifications are sent to the UK Regulators by action due date / prior to implementation of material outsourcing / Third Party relationships.

• Liaise with UK Service Recipient Owners and Business Activity Owners to ensure appropriate controls are in place and effective for Material and Critical Outsourcing Arrangements.

• Support the UK Outsourcing and TPM Committee as requested.

What we’ll need from you:

• 4+ years of experience

• Attention to detail is key to be able to successfully manage the role

• Excellent interpersonal and communication skills, which engage and maintain mutually beneficial relationships across functions and businesses on all levels

• Analytic thinking and problem solving

• Beneficial to have experience or good understanding of Citi TPM Policy and Standards and the TPM Life Cycle phases.

• Experience in managing to regulatory requirements is a plus

• Ability to operate in an ambiguous environment.

• Proven excellent skills in Microsoft Office products (excel, power-point, word, access) and other collaboration tool.

What we can offer you:

By joining Citi Hungary, you will not only be part of a business casual 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 model)

• 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.

Job Family Group:

Risk Management

Job Family:

Operational Risk

Time Type:

Full time

Citi is an equal opportunity and affirmative action employer.

Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. 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 (https://www.citigroup.com/citi/accessibility/application-accessibility.htm) .

View the "EEO is the Law (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf) " poster. View the EEO is the Law Supplement (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf) .

View the EEO Policy Statement (http://citi.com/citi/diversity/assets/pdf/eeo_aa_policy.pdf) .

View the Pay Transparency Posting (https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp_%20English_formattedESQA508c.pdf)

Citi is an equal opportunity and affirmative action employer.

Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.