Serves as a senior function/business/product compliance risk officer for Independent Compliance Risk Management (ICRM) responsible for establishing internal strategies, policies, procedures, processes, and programs to prevent violations of law, rule, or regulation and design and deliver a risk management framework that maintains risk levels within the firm's risk appetite and protect the franchise. In addition, engages with the ICRM product and function coverage teams, in order to partner to develop and apply CRM program solutions that meet the function/business/product and customer needs in a manner consistent with the Citi program framework. Primary responsibilities include monitoring compliance risk behaviors, providing day-to-day Compliance advice relating to operations, financial requirements, and guidance on the supported function/business/product and the associated regulatory rules/laws and interpretation on internal policies and procedures.
Responsibilities:
* Designing, developing, delivering and maintaining best-in-class Compliance, programs, policies and practices for ICRM.
* Serving as a subject matter expert on Citi's Compliance programs.
* Staying abreast of relevant changes to rules/regulations and other industry news including regulatory findings.
* Overseeing the monitoring and identification of regulatory developments.
* Analysing and scoping the impact of new and complex regulatory developments.
* Advising ICRM and function/business/product management and personnel on regulatory and compliance issues.
* Participating in industry groups and trade association working groups or other forums.
* Leading initiatives and managing high-impact special project work streams.
* Managing strategy and responses to regulatory examinations, reviews and inquiries.
* Designing and leading compliance and control reviews.
* Partnering with other ICRM teams and global functions.
* Additional duties as assigned.
* Appropriately assess risk when business decisions are made.
Qualifications:
* Expertise of Compliance laws, rules, regulations, risks and typologies;
* Excellent written, verbal and analytical skills;
* Must be a self-starter, flexible, innovative and adaptive;
* Highly motivated, strong attention to detail, team oriented, organized;
* Experience in interpreting regulations, providing guidance for UK/ EU and US export control;
* Working knowledge of Letters of Credit, Bonds, guarantees and standby credits;
* Ability to build relationships with external agencies;
* Strong presentation skills;
* Ability to work collaboratively with regional and global partners;
* Experience in managing regulatory exams and relationships with examiners;
* Awareness of regulatory requirements;
* Advanced knowledge in area of focus;
* Related certifications desirable.
Education:
* Bachelor's degree; experience in compliance, legal or other control-related function in the financial services firm, regulatory organization, or legal/consulting firm; experience in area of focus; strong working knowledge of function/business/product and the related operations and financial requirements; previous experience managing a diverse staff; Advanced degree a plus.
Job Family Group:
Compliance and Control
Job Family:
Product Compliance Risk Management
Time Type:
Full time
Citi is an equal opportunity and affirmative action employer. Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
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