FAQs
What is the primary role of the Rates Product Compliance Officer at Citi?
The primary role of the Rates Product Compliance Officer is to assist with internal strategies, policies, procedures, and risk management frameworks to prevent violations of laws, rules, or regulations, while providing day-to-day compliance advice related to the supported function, business, or product.
What are the key responsibilities of this role?
Key responsibilities include designing and maintaining compliance programs, providing guidance on operational rules and regulations, assisting with regulatory inquiries, supporting compliance reviews of new products, collaborating with various internal areas, and developing compliance training.
What qualifications are necessary for this position?
Candidates should have previous experience in a similar role within financial services, particularly in Rates and Markets Treasury, strong knowledge of compliance laws and regulations, and a Bachelor's degree, preferably with an advanced degree. Relevant certifications in compliance or finance are also desirable.
What skills are important for a successful Rates Product Compliance Officer?
Important skills include strong analytical capabilities, excellent interpersonal and communication skills, project management abilities, proficiency in MS Office applications, and the capacity to work both independently and collaboratively.
What type of experience is preferred for applicants?
Previous experience within financial services, particularly in rates and markets treasury functions or similar compliance roles, is preferred. A strong working knowledge of the operational and financial aspects of the function or business supported is also important.
What benefits can I expect if I join Citi as a Rates Product Compliance Officer?
Benefits include a competitive base salary, generous holiday allowance starting at 27 days plus bank holidays, performance-related bonuses, private medical insurance, an Employee Assistance Program, a pension plan, paid parental leave, exclusive discounts, and access to learning and development resources.
Will this position allow for flexible working arrangements?
Yes, the role offers a hybrid working model, allowing up to 2 days of work from home per week.
How does Citi support diversity in the workplace?
Citi is committed to ensuring an inclusive workplace where everyone feels comfortable coming to work as their whole self. The company encourages a diverse workforce and values the contributions of individuals from various backgrounds.
What is the career growth potential for this position?
Joining Citi in this role provides opportunities for career growth within a global financial institution, enabling professionals to enhance their skills in compliance and risk management while working closely with various business functions.
What kind of projects will a Rates Product Compliance Officer handle?
The officer will handle various compliance-related projects, including compliance reviews of new products, research on regulatory changes, the development of compliance training programs, and collaboration with internal areas to address compliance issues.