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 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

• At least 1 year of work experience in a multinational company, preferably in a risk or procurement related area
• 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.