.The Business Risk & Control Officer for Cash Services Operations is part of the broader Risk & Control function within the COO organization. The Risk & Control function is responsible for driving the Risk and Control framework and Governance across the various Operations business areas.This R&C position covers primarily Citibank Mexico and Latin America (LATAM) for Cash Services Operations, which is responsible for critical cash functions such as Global Payroll Services and Supplier Strategy teams.This role will work in close partnership with other Payroll/Supplier Strategy Operations and Risk Management areas to assess the risk profile of payroll and supplier strategy processes and develop a robust risk framework that proactively identifies and mitigates emerging risks.The individual must have an in-depth understanding of Operational Risk management and a good understanding of the financial industry. The role requires thorough understanding of the strategic direction of the function, combined with a solid conceptual/practical grounding in both the function and/or area of expertise and related subject areas.Excellent communication skills are a must in order to articulate internally issues, action plans, etc., to senior management in Operations.Responsibilities:Responsible for working with business/functional leaders in Payroll and Supplier Strategy to ensure compliance with applicable Citibank Mexico and LATAM regulatory & policy requirements.Work closely with Payroll and Supplier Strategy Operations teams, as well as Operational Risk Management (ORM), Compliance, Internal Audit, Legal, Operations and other cross functional partners to assess and strengthen the control environment.Execute governance model, embedding practices which mitigate risk.Establish the application of operational risk policies, technology and tools, and governance processes to create lasting solutions for minimizing losses from failed internal processes, inadequate controls, and emerging risks.Independently assess risks for the Payroll/Supplier Strategy Cash Services functions and drive actions to address the root causes that persistently lead to operational risk losses by challenging both historical and proposed practices.Prepare accurate and appropriate reporting of operational risks to senior management and the Board of Directors.Identify emerging operational risks in the context of the current economic, regulatory and business environment and assure that measures are being taken to mitigate these risks.Analyze operational risk data and indicators to identify areas of excessive risk, escalate situations that pose excessive risk(s), and engage with relevant functions to mitigate those risks.Identify root causes of major internal losses and ensures actions are taken to reduce the risk of loss from similar causes