Product Compliance Lead, Ireland - Prudential (Senior Vice President)

Serves as a Global Function Compliance Risk Officer for Independent Compliance Risk Management (ICRM) responsible for assisting with internal strategies, policies, procedures, processes, and programs to prevent violations of law, rule, or regulation, and the design and delivery of a risk management framework that maintains risk levels within the firm's risk appetite and protects the franchise. Primary areas of coverage will be Risk, Finance and HR (i.e. Global Functions).

In addition, engages with the ICRM Product and Function coverage teams, in order to partner to develop and apply Compliance Risk Management (CRM) program solutions that meet the Global Functions and customer needs in a manner consistent with the Citi program framework.

Primary responsibilities include monitoring compliance risk behaviors, and providing day-to-day compliance advice and challenge relating to the supported functions and guidance on function/business/product rules/laws and interpretation on internal policies and procedures.

Key activities include:

• Assisting in the design, development, delivery and maintenance of best-in-class Compliance, programs, policies and practices for ICRM.
• Assisting with regulatory inquiries and/or examinations on prudential matters, as well as further developing Citi’s engagement with key European prudential Regulators, primarily the Single Resolution Board (SRB) and the Single Supervisory Mechanism (SSM).
• Providing guidance on rules and regulations, primarily relating to Prudential as well as Client Assets and Depositor Protection matters, including:
  • Supporting the regulatory horizon scanning processes, assessment of regulatory changes and challenge of impact assessments by relevant covered areas.
  • Regulatory reporting, such as implementation of sustainability reporting, independent challenge of disclosures and related controls.
  • Attendance and independent second line challenge at key governance committees, including the Risk Management Committee, Asset & Liability Committees, Related Party Lending Committee, New Activity Committee,
  • Independent oversight and challenge of the Client Assets and Depositor Protection processes, controls and reporting.
  • Input and challenge of the annual legal entity Strategic and Operating Plans.
• Providing review and challenge of new product developments to ensure continued compliance with regulatory obligations and commitments.
• Collaborating with other internal areas including: Legal, Business Management, Operations, Technology, Finance, other Control Functions, and In-Business Risk to address compliance which may impact the covered Global Functions.
• Assisting in the development and administration of Compliance training for the covered areas.
• Researching any new reform rules and rule changes to identify any need for new/amended policies, procedures or other controls necessary to comply with the rules.

Skills

Required:

• Knowledge of Compliance laws, rules, regulations, risks and typologies
• Must be a self-starter, flexible, innovative and adaptive
• Strong interpersonal skills with the ability to work collaboratively and with people at all levels of the organization
• Strong written and verbal communication and interpersonal skills
• Ability to both work collaboratively and independently; ability to navigate a complex organization
• Advanced analytical skills
• Ability to both work independently and collaborate with team members
• Excellent project management and organizational skills and capability to handle multiple projects at one time
• Proficient in MS Office applications (Excel, Word, PowerPoint)

Education

Required:

• 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; strong working knowledge of function/business/product supported and the related operations and financial requirements

Preferred:

• MBA or JD with exposure to corporate sustainability reporting also a plus

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Job Family Group:

Compliance and Control

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Job Family:

Compliance Risk Management

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Time Type:

Full time

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Citi is an equal opportunity and affirmative action employer.

Qualified applicants will receive co