24754049 Compliance Independent Assessment Sr Officer I - SVP

Serves as a senior compliance risk officer for Independent Compliance Risk Management (ICRM)’s Delegated Controls Independent Assessment (CIA) team responsible for assessing compliance risks and controls implemented by the first and second line of defense. Also responsible for performing risk assessments of Citi's compliance risks; performing independent testing and monitoring activities to assess the design and effectiveness of key controls designed to address compliance risk; reporting and escalating control issues and any violations of laws or breaches of policy; and validating adequacy of remediation taken to address reported issues.

Key Activities include:

• Developing, implementing, and executing compliance testing, continuous monitoring, and reporting programs within an assigned area in accordance with the CIA Plan.

• Participating in the planning, executing, and reporting of compliance reviews and compliance and regulatory issue validation activities for a component of a product line, function, or legal entity within an assigned area in accordance with CIA Plan.

• Serving as a lead reviewer for complex reviews, analysing report findings, and communicating findings to corresponding control/process owners.

• Serving as Review Manager for team's reviews and owning accountability for reviews conducted by other members of the team

• Ensuring the timely delivery of high quality, value added testing, monitoring and audit reports for a portfolio of business activities, which meet the requirements of the Boards of Citigroup and Citibank, their affiliates, and of Citi’s respective regulators, globally.

• Analysing and documenting report findings, and having preliminary discussions with corresponding control/process owners.

• Assisting with the identification of Significant Compliance Risks via Compliance Risk Assessments, and other internal and external inputs in order to build and refresh the CIA plans for Delegated Controls.

• Utilizing innovative compliance testing and monitoring solutions including Data Analytics to increase value and reduce costs of compliance-related activities.

• Developing effective relationships within 1st and 2nd line functions and with other stakeholders including Business process owners and Internal Audit function.

• Identifying industry best practices and share insight with the CIA teams on a regular basis.

• Informing CIA management of significant compliance matters that require their attention or action.

• Additional duties as assigned.

• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citi, 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.

Qualifications:

• 10+ years of experience

• Candidates expected to provide global coverage and be able to attend meetings at all times necessary including late hours/evenings (within reason) to get their work completed.

• Expertise of Compliance laws, rules, regulations, risks and typologies

• Experience in planning, executing, and reporting on compliance testing/monitoring 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

• Demonstrated career progression within highly respected diversified institutions with complex and diverse products and customers

• Understanding of rules, laws, and regulations, and specific regulatory requirements impacting financial services and [insert product, function, legal entity or regional nature of role as required]

• Strong interpersonal skills for building strong relationships with stakeholders and engaging teams

• 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