Key Activities Serves as a 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 protects 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 business and customer needs in a manner consistent with the Citi program framework. Key Activities include:
Participating in the design, development, delivery and maintenance of best-in-class Compliance programs, policies and practices for ICRM.
Analyzing complex comparative data, preparing and presenting regional and global reports related to compliance risk assessments, and monitoring of compliance related issues.
Reviewing materials to ensure compliance with various regulatory and legal requirements and to ensure compliance risks are appropriately identified and addressed.
Oversee policy development and governance of GCB ICRM U.S. and global policy owners to ensure that policies satisfy policy document structure, content, review and approval requirements and are aligned with related and governing policy documents in accordance with the Policy Hierarchy
Investigating and responding to compliance risk issues. Investigating regulatory inquiries, preparing required documentation, making recommendations to senior management on how to proceed, and preparing responses for the regulatory inquiries.
Manage and oversee process to support GCB ICRM policy inventory, in support of accuracy and completeness of policy ownership requirements and information in the Global Policy Directory.
Manage, oversee and report on process for policy review and maintenance, so that existing policies are subject to appropriate periodic reviews and policy effectiveness metrics are tracked and reported
Overseeing the monitoring of adherence to Citi's Compliance Risk Policies and relevant procedures and preparation, editing, and maintenance of Compliance program related materials.
Advise policy owners on the development, drafting and review of ICRM GCB-owned policy documents so that documents satisfy structural/template requirements and are in compliance with the requirements of the Policy Governance Policy.
Conduct periodic due diligence to identify ICRM GCB policy documents in development; maintain and report documents in pipeline.
Provide advice with respect to policy governance and management to non-ICRM policy owner groups
Oversee the creation and dissemination of firm-wide policy communications
Provide support for Internal Audit reviews of policies
Publish and maintain policy documents on the Citi Policy Directory.
Interacting and working with other areas within Citi, as necessary.
Keeping abreast of regulatory changes, new regulations and internal policy changes in order to further identify new key risk areas.
Assist policy owners in aligning policies with regulatory requirements and risk categories, as necessary
Advise policy owners where necessary on policy content requirements to better address regulatory expectations
Additional duties as assigned.
Education level and/or relevant experience(s) 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; experience in area of focus Preferred: Advanced degree (e.g. JD, MBA) a plus Knowledge and skills (general and technical) 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)
Demonstrated knowledge in area of focus
Grade :All Job Level - All Job FunctionsAll Job Level - All Job Functions - PL Time Type :Full time Citi is an equal opportunity and affirmative action employer. Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity. Citigroup Inc. and its subsidiaries ("Citi") invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity CLICK HERE . To view the "EEO is the Law" poster CLICK HERE . To view the EEO is the Law Supplement CLICK HERE . To view the EEO Policy Statement CLICK HERE . To view the Pay Transparency Posting CLICK HERE .
Internal Number: 6589997
eFinancialCareers is a career site specializing in financial services.