Processing Risk is a key risk stripe within Operational Risk Management (ORM) at Citi and managing Processing Risk effectively within Citi is a matter of high priority for all key stakeholders including regulators and senior management. Processing risk focuses mainly on the errors arising out of the manual processing of financial transactions (e.g. trades, payments, margin etc.). The central ORM-Processing Risk (ORM-P) team is a team that is focused on managing Processing Risk firmwide within Citi, partnering seamlessly within ORM as well as with key partners in other lines of defence including internal audit and the first line of defence. Metrics & Analytics, Risk Review and Monitoring and Governance & Framework are key elements and teams to effectively manage Processing Risk within