FAQs
What is the primary responsibility of the Compliance Testing Officer?
The primary responsibility of the Compliance Testing Officer is to assess compliance risks and controls implemented by the first and second line of defense, perform independent testing activities, and report on compliance issues and control effectiveness.
Is prior experience in compliance testing required for this position?
Yes, compliance testing experience is a key qualification for this role.
What type of skills are important for building relationships with stakeholders?
Strong interpersonal skills are essential for building effective relationships with stakeholders and engaging teams.
What is the educational requirement for this role?
A Bachelor's/University degree is required, with a Master's degree preferred. Relevant experience in compliance or control-related functions is also necessary.
Do I need to have knowledge of specific asset classes?
Yes, an understanding of rules, laws, and regulations specific to financial services, particularly in the commodities and currencies asset classes, is important for this position.
What kind of benefits does Citi offer to employees in this role?
Citi offers a competitive salary, generous holiday allowance, discretionary annual performance-related bonus, private medical insurance, pension plan, and various discounts, among other benefits.
Will I need to perform data analysis as part of this job?
Yes, utilizing innovative compliance testing solutions, including data analytics, is part of the responsibilities to enhance compliance-related activities.
Is this position located in a specific city?
Yes, this position is based in London.
What kind of communication skills are necessary for this role?
Excellent oral communication and writing skills are required to effectively interact with both non-executives and executive management across various business lines.
Does this position require knowledge of compliance laws and regulations?
Yes, knowledge of compliance laws, rules, regulations, risks, and typologies is crucial for the successful performance of this role.