Job Information
Citigroup Junior Third Party Operational Risk Analyst in Budapest, Hungary
Join our expanding Citi Third Party Management team in Budapest and make your own progress in a supportive and friendly environment!
Team/Role Overview
The Third Party Management Operations (TPM Ops) is a centralized function that delivers common operational Third Party Risk Management (TPRM) processes for all external third party relationships. First Line of Defense providing Citi businesses with TPRM operational support, and performing various controls on behalf of Citi businesses.
Through managing the day-to-day transactional processes, Citi’s TPM Operations plays a pivotal role in supporting Citi’s mission. We are seeking a Junior Third Party Operational Risk Analyst to join our dynamic team.
You will be responsible for daily transaction processing; ensuring that all items are handled in a controlled and compliant manner according to all internal policies and procedures, and external rules and regulations.
What you’ll do
Facilitate Citi businesses’ ongoing compliance with Third Party Management requirements outlined in Citi policies and standards
Perform pre-contract due diligence and post-contract ongoing monitoring activities based on specific third-party risk profile, country, and / or business requirements. Such activities include HR Management, Subcontractor Reliance, Corporate Responsibilities, Insurance Coverage, Exit Strategy Plan Review, Financial Statement Collection etc.
Perform quality control reviews for third-party risk management activities and provide credible challenges to accountable / responsible parties
Monitor progress on agreed upon third-party remediation activities and escalate issues as necessary
Liaise with Sourcing and Business to provide guidance on policy compliance and overall third-party risk management requirements
Engage with Business Stakeholders and Suppliers while completing third party controls
Execute common, standardized third-party risk management processes, managed centrally by the TPU
Ensure high-level of Customer interaction and satisfaction
Participate in continuous improvement activities
What we’ll need from you
Work experience in a multinational company is preferred, however fresh graduates are also welcome for this role
Fluent written and spoken English
Intermediate command of MS Suite
High attention to details
Analytical skills
We are a development-focused organization. The above qualifications and skills are considered as primary assets for the position – but we do not pursue perfectionism: we look for capable colleagues and help them grow to excellence in their fields and positions.
What we can offer you
This is a role that will offer you the opportunity to build and in-depth knowledge of third party risk management including but not limited to stakeholder management, development of negotiation skills, strategic thinking and process reengineering.
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.
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Citi is an equal opportunity and affirmative action employer.
Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.