Logo of Huzzle

Compliance Risk Senior Officer - Privacy and Data Responsibility Framework

image

Citi

11d ago

  • Job
    Full-time
    Senior Level
  • Legal
  • Belfast

AI generated summary

  • You must have expertise in compliance laws, regulations, and risks, excellent communication skills, be a self-starter and team player, ability to work collaboratively with global partners, experience managing regulatory exams, advanced knowledge in privacy and data management, and a Bachelor’s degree with relevant experience.
  • You will oversee compliance risk for privacy and data responsibilities at Citi, ensuring policies are upheld, risks are identified, and regulatory changes are monitored to protect the company's reputation and assets.

Requirements

  • 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
  • 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 of privacy, data, and records management.
  • Education:
  • 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; previous experience managing a diverse staff; Advanced degree preferred

Responsibilities

  • Directing the design, development, delivery and maintenance of 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; providing direction and guidance on the programs.
  • Providing oversight and guidance over the assessment of complex issues, structuring potential solutions and driving effective resolution with other stakeholders.
  • Overseeing the identification and assessment of 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, specific to the risk taxonomy designed for privacy, data, and records compliance risk.
  • Monitoring adherence to Citi’s Compliance Risk Policies and measuring compliance risk through a robust control framework and ensures that reviews are conducted consistently across each entity on a regular basis to confirm that controls identified are operating effectively.
  • Partnering, collaborating 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.
  • Additional duties as assigned.
  • 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.

FAQs

What is the primary responsibility of a Compliance Risk Senior Officer - Privacy and Data Responsibility Framework?

The primary responsibility of this role is to establish internal strategies, policies, procedures, processes, and programs to prevent violations of law, rule, or regulation in the area of privacy, data compliance, and records management within Citi. This includes designing and delivering a risk management framework that maintains risk levels within the firm's risk appetite and protects the franchise.

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

  • Live Well, Stay Healthy

    Citi provides programs and services for your physical and mental well-being including access to telehealth options, health advocates, confidential counseling and more. Coverage varies by country.

  • Paid parental leave

    We believe all parents deserve time to adjust to parenthood and bond with the newest members of their families. That’s why in early 2020 we began rolling out our expanded Paid Parental Leave Policy to include Citi employees around the world.

  • Save well, for now and your future

    We empower our employees to manage their financial well-being and help them plan for the future.

  • Keep learning

    Citi provides access to an array of learning and development resources to help broaden and deepen your skills and knowledge as your career progresses.

  • Be well, take time off

    We have a variety of programs that help employees balance their work and life, including generous paid time off packages.

  • Support Your Community

    We offer our employees resources and tools to volunteer in the communities in which they live and work. In 2019, Citi employee volunteers contributed more than 1 million volunteer hours around the world.