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Compliance Risk Management Programs - Senior Officer (Senior Vice President)

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Citi

10d ago

  • Job
    Full-time
    Expert Level
  • Legal
  • London

AI generated summary

  • You must possess compliance expertise, strong analytical and communication skills, flexibility, attention to detail, experience with regulatory exams, and a relevant degree; advanced degree preferred.
  • You will design compliance programs, assess risks, monitor adherence, analyze data, guide solutions, and stay updated on regulations while ensuring effective compliance across Citi.

Requirements

  • 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 standards
  • 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; Advanced degree preferred
  • Drive embedding of Tier 1 Regulation Ownership and Accountability Framework in relation to Compliance Risk Management Programs & Oversight (FRB SR08-08)
  • Support oversight and maintenance of requirements within the Procedure for Compliance Risk Management Accountability.

Responsibilities

  • Designing, developing, delivering and maintaining best-in-class Compliance, programs, policies and practices for ICRM.
  • Translating ICRM strategy and goals across Citi’s clients, products and geographies in a succinct and clear manner; provide direction and guidance on the programs. Serves as a subject matter expert on Citi’s Compliance programs.
  • Providing oversight and guidance over the assessment of complex issues, structuring potential solutions and driving effective resolution with other stakeholders.
  • Identifying and assessing Citi’s key compliance risks. Ensuring compliance risks within Citi are effectively identified, measured, monitored, and controlled, consistent with the bank’s risk appetite statement and all policies and processes established within the risk governance framework.
  • Monitoring adherence to Citi’s Compliance Risk Policies and measuring compliance risk through a robust control framework and ensuring that reviews are conducted consistently across each entity on a regular basis to confirm that controls identified are operating effectively.
  • Performing complex analyses of comparative data, preparing and presenting regional and global reports related to compliance risk assessments, and monitoring of compliance related issues.
  • Keeping abreast of regulatory changes, new regulations and internal policy changes in order to further identify new key risk areas.
  • 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.
  • Drive embedding of Tier 1 Regulation Ownership and Accountability Framework in relation to Compliance Risk Management Programs & Oversight (FRB SR08-08)
  • Support oversight and maintenance of requirements within the Procedure for Compliance Risk Management Accountability.

FAQs

What is the primary role of the Senior Officer in Compliance Risk Management Programs?

The primary role involves establishing internal strategies, policies, procedures, and risk management frameworks to prevent violations of laws and regulations, while partnering with various teams to deliver compliance solutions.

What qualifications are required for this position?

A bachelor's degree is required, along with experience in compliance, legal, or control-related functions in financial services or regulatory organizations; an advanced degree is preferred.

What skills are necessary for a successful candidate?

Necessary skills include expertise in compliance laws and regulations, excellent written and verbal communication, strong analytical abilities, attention to detail, and the ability to collaborate across diverse teams.

What is the job family group for this position?

The job family group for this position is Compliance and Control.

How is compliance risk assessed within the organization?

Compliance risk is assessed through robust control frameworks that ensure effective monitoring, measurement, and identification of compliance risks consistent with the firm's risk appetite.

Will I need to manage regulatory exams and relationships with examiners?

Yes, experience in managing regulatory exams and relationships with examiners and auditors is required for this position.

Is prior experience in the financial services industry necessary?

Yes, experience in the financial services industry or a regulatory/legal consulting firm is necessary.

What is the time commitment for this role?

This is a full-time position.

Does Citi have a commitment to diversity and inclusion?

Yes, Citi is an equal opportunity and affirmative action employer, ensuring qualified applicants are considered without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.

Are there opportunities for career advancement in this role?

Yes, as a senior officer, there are potential opportunities for advancement based on performance and contributions to the organization.

Finance
Industry
10,001+
Employees
1998
Founded Year

Mission & Purpose

Citigroup Inc. or Citi is an American multinational investment bank and financial services corporation headquartered in New York City. Citi's operation is to provide financial services that enable growth and economic progress. Core activities are safeguarding assets, lending money, making payments and accessing the capital markets.

Benefits

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  • Paid parental leave

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  • Be well, take time off

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  • Support Your Community

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