The Audit Director is a senior level management position responsible for contributing to the strategic direction of Citi’s Internal Audit (IA) function, in coordination with the Audit team. This role is also responsible for managing multiple teams of professionals. The overall objective of this role is to direct audit activities that support a subset of a product line, function, or legal entity at the global or regional level, in accordance with IA standards, Citi policies, and local regulations.
Responsibilities:
1. Deliver multiple current audits to specification, and ensure the delivery of audit reports are complete, insightful, timely, error free and concise
2. Contribute to the delivery of reports outlining IA’s contributions, and oversee audit’s coverage and reporting on common high risk areas
3. Provide independent assurance on the design and operating effectiveness of an area, at a global or regional level
4. Ensure timely delivery of comprehensive regulatory and internal audit issue validation, including issues arising from other external parties
5. Ensure IA meets/exceeds expectations, and support and drive the IA Transformation Program and IA’s and management’s efforts
6. Improve the identification, measurement, management, reporting and controls in governance, risk and control environments
7. Support and endorse the Quality Assurance (QA) function of IA, and resolve issues found by QA, improving audit processes and coverage
8. Ensure the adoption of Citigroup and Citibank Audit Committee Charters and the IA Charter, and engage in internal/external negotiations
9. Oversee various tasks to build the audit team, including recruiting staff, developing and training the team, and managing the budget
10. Appropriately assess risk when business decisions are made, demonstrating 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, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.
11. In situations where this role is the designated Legal Entity Chief Audit Executive, their responsibility towards the legal entity additionally includes:
12. Overseeing and having the responsibility for the development of the annual Audit Plan as it relates to the legal entity where required by local regulators or Citi internal policies; presenting the annual Audit Plan for approval by the legal entity Board / Board Audit Committee;
13. Providing periodic reports to the legal entity Audit Committees, senior management, and other Board committees as relevant, summarizing the status of the legal entity Audit Plan, results of audit activities, details of significant issues identified.
Qualifications:
14. 15+ years of experience in a related role
15. Related certifications (CPA, ACA, CFA, CIA, CISA or similar) preferred
16. Demonstrated success in business, functional and people management
17. Consistently demonstrates clear and concise written and verbal communication
18. Demonstrated ability to remain unbiased in a diverse working environment
19. Effective negotiation skills
Education:
20. Bachelor’s degree/University degree or equivalent experience
21. Master’s degree preferred
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Job Family Group:
Internal Audit
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Job Family:
Audit
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Time Type:
Full time
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Most Relevant Skills
Control Monitoring, Data Analysis, Industry Knowledge, Issue Management, Laws and Regulations, Management Reporting, Professional Judgement, Professional Standards, Root Cause Analysis, Waterfall Model.
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Other Relevant Skills
Data Reporting, Technology Tools.
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