Citi Senior Third Party Risk & Control Manager in Mexico

  • Primary Location: Mexico

  • Education: Bachelor's Degree

  • Job Function: Risk Management

  • Schedule: Full-time

  • Shift: Day Job

  • Employee Status: Regular

  • Travel Time: No

  • Job ID: 17048180


Job Purpose:

Reporting to Third Party Management Head, the Senior Third Party Risk & Control Manager will be responsible to ensure that all third party risk and control activities within the franchise are conducted in a safe and sound manner and in compliance with applicable laws, rules, regulations, policies and standards of conduct.

Senior Third Party Risk & Control Manager will work together with the Business and Function Heads, and will be supported by Business Activity Owners, Third Party Officers, Enterprise Supply Chain, Legal, Finance, Compliance and In Business Control Officers for oversight, regulatory compliance and risk assessment of third party relationships across Grupo Financiero Banamex end to end.

Job Background/context:

Citibanamex Office of Governance & Control (OGC) is a function within the “first line of defence”, reporting directly to the Mexico GFB CEO. It is responsible for strengthening the control environment across the entire franchise and to build a more effective Governance Structure and Operating Model.

Citi utilizes Third Parties in many ways to achieve certain strategic goals. This utilization does not diminish Citi’s responsibility to ensure that all Third Party activity is conducted in a safe and sound manner and in compliance with applicable laws, rules, regulations, policies and standards of conduct.

The use of Third Parties may pose many risks to Citi and its customers, notably strategic, operational, reputational, legal, regulatory, compliance, fraud and in some cases, credit risks. Citi is responsible for the management of all of these risks and has an obligation to provide governance and oversight of Third Parties commensurate with the level of risk associated with each Third Party Relationship.

Third Party management requirements are organized by five main phases of the Third Party Relationship: Planning, Due Diligence and Third Party Selection, Contracting, Ongoing Monitoring, and Termination. Each phase presents different requirements to identify, mitigate and/or escalate the risk(s) associated with the Third Party Relationship, depending on the type and risk level involved.



· Bachelor's Degree. Master’s Degree is a plus.

· 10+ years of financial services industry experience required.

· Relevant Third Party Management and Risk & Control knowledge required

· Knowledge of relevant local and global regulation and internal policies.

· Relevant risk assessment knowledge required.

· Leadership and management experience.

· Experienced in supply chain and service management concepts.

· Experience in leading transformation programs.


· Bachelor's Degree and/or Master’s Degree

· Fluent in English and Spanish

Relevant Training and Certifications (Process Improvement, Quality, Service Management, Risk & Control and similar)


· Ability to foster co-operative and collaborative working

· Strong communication abilities to serve as liaison between different groups within the Organization

· Experience working with direct and indirect reports or teams

· Provide both verbal and written communications regarding training programs status, risks and issues to escalate to stakeholders and senior management

· Identify and monitor critical dependencies between training programs and recommend appropriate action

· Proactively mitigate, manage and escalate issues

· Orchestrate and drive the successful & timely completion of programs to achieve business goals

· Expert capabilities as a team leader: creating a positive environment; providing feedback in a timely manner; and keeping leadership informed of progress and issues.

· Good understanding of organizational development, governance and business transformation.

· Sound risk management expertise


· Action-oriented, entrepreneurial, flexible, and innovative approach to operational management

· Passion, humility, integrity, positive attitude, mission-driven, and self-directed

· Excellent influencing, facilitation, and partnering skills with key stakeholders and Senior Management

· Strategic and goal-oriented thinker

· Strong interpersonal skills – including teamwork and organisational skills

· Strong written and verbal communication skills; a persuasive and passionate communicator with excellent public speaking skills

· Strong attention to detail and ability to multi-task

· Ability to work under pressure, tight deadlines and with unexpected requirement changes

· Leading of teams to generate a vision, establish direction, create an atmosphere of trust, leverage diverse views, coach staff, and encourage improvement.