Serves as a senior function / business / product compliance risk manager 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 rregulatory rules / laws and interpretation on internal policies and procedures.
Designing, developing, delivering and maintaining best-in-class Compliance, programs, policies and practices for ICRM at the regional level.
Translates ICRM strategy and goals across Citi’s clients, products and geographies in a succinct and clear manner; provide direction and guidance on the programs.
Identify and lead transformation
Managing a team or multiple teams of Compliance professionals. Responsible for hiring, compensation, performance appraisals, staff development, training, etc.
Lead Enterprise Risk & Program Management Team consisting of Analytics & Governance Reporting, Program Operations & MCA, and Regional Coordination.
Duties of the team comprises of : -SOC ProcessesRegional reportingRisk appetite reportingEscalationsICRM-owned policy breach reportingEnhance GRC framework and ICRM relianceInternal ICRM ReportingData Quality and Oversight processesOrganizational Design processesBudgetCapacity planningTraining coordinationICRM MCASPOC for audits / exams of GCB ICRMManage GCB ICRM Owned Issue reportingDevelop / Maintain GCB ICRM ProceduresCAP trackingRegional coordination Attestations, Communications, ELT Calls, Town Halls, Share PointPTP
Serving as a subject matter expert on Citi’s Compliance programs. Provides expert guidance on Consumer business regulations on a real-time basis to manage compliance risk.
Staying abreast of relevant changes to rules / regulations and other industry news including regulatory findings.
Overseeing the monitoring and identification of regulatory developments, including enforcement actions, and new laws, regulations, rules, and interpretations or guidance relating to the supported Consumer business regionally.
Analysing and scoping the impact of new and complex regulatory developments across senior Consumer business, including cross-border impact.
Advising ICRM and Consumer business management and personnel on regulatory and compliance issues and provide credible challenge.
Participating in industry groups and trade association working groups or other forums.
Leading initiatives and managing high-impact special project work streams with a results-driven focus to deliver solutions, including coordinating the implementation of new regulatory requirementsDrive Strategic Initiatives
Managing strategy and responses to regulatory examinations, reviews and inquiries and internal and external investigations, as well as testing and audit.
Designing and lead compliance and control reviews.
Partnering with other ICRM teams and global functions, including Legal, Risk, Operations and Technology, and Finance to prevent and detect non-compliance issues and promote a culture of compliance.
Support processes to evidence adherence to Product & Function ICRM procedures
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
Strong presentation skills with the ability to articulate complex problems and solutions through concise and clear messaging
Ability to work collaboratively with regional and global partners in other functional units; ability to navigate a complex organization;
to influence and lead people across cultures at a senior level
Experience in managing regulatory exams and relationships with examiners, auditors, etc.
Awareness of regulatory requirements including local and US laws, international and industry standard
Advanced knowledge in area of focus
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; strong working knowledge of function / business / product and the related operations and financial requirements
Job Family Group :
Compliance and Control
Job Family :
Product Compliance Risk Management
Time Type : Full time