Leads a small team of Compliance professionals in review planning, executing, and reporting of Compliance Independent Assessment (CIA) reviews for a component of a product lines, functions, or legal entities globally. These include analyzing and documenting review findings, and discussions with corresponding control/process owners.
Develops and enhance Monitoring routines or Monitoring Targeted Assessments according to the Compliance Testing Methodologies and Standards
Appropriately assess risk, demonstrates particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.
Performs CAPs and issue validation and the maintenance of records in iCAPs.
Utilizing innovative compliance testing solutions including Data Analytics to increase value and reduce costs of compliance-related activities.
Assists in the gathering and preparation of regulatory examination deliverables as requested by examiners.
Builds relationships within CIA function and with other stakeholders including Business process owners, Product Compliance and Internal Audit function.
Identifying industry best practices and share insight with the CIA teams.
Informing CIA management of significant compliance matters that require their attention or action.
Identifying compliance training resources and tools available centrally to support country/business compliance programs training and research needs and helps train new joiners and CIA analysts.
Additional duties as assigned.
Qualifications:
6-10 years of experience
Experience in planning, executing, and reporting on compliance testing reviews and regulatory issue validation activities
Knowledge and extensive experience with auditing principles including audit planning, risk assessments, development of risks and controls matrices, processes and controls design assessments, controls operating effectiveness testing, transactional access segregation of duties, transactional testing, surveillance systems, and reporting activities
Strong interpersonal skills for building strong relationships with stakeholders and engaging teams at all levels of the organization
Effectiveness in working within a large scale and complex matrix organization is essential
Effective negotiation skills, a proactive and “no surprises” approach in communicating issues, and strength in sustaining independent views
Excellent oral communication and writing skills in interacting with non-executives and executive management and across a number of business lines and control functions
Product knowledge of Trust business and Retail Investments.
Knowledge of Compliance laws, rules, regulations, risks and typologies including but not limited to SEC Regulation Best Interest and 12 CFR 9 Fiduciary Activities of National Banks
Must be a self-starter, flexible, innovative and adaptive
Advanced analytical skills
Excellent project management and organizational skills and capability to handle multiple projects at one time
Proficient in MS Office applications (Excel, Word, PowerPoint)
Demonstrated knowledge in area of focus
Advance level for English language speaking and written
Bachelor’s degree; experience in compliance, legal or other control-related function in the financial services firm, regulatory organization, or legal/consulting firm, or a combination thereof; experience in area of focus; Advanced degree a plus