Audit Director - Wealth Compliance, Citi

Citi

Location:
Canada, Mississauga

Category:
Finance

Contract Type:
Employment contract

Salary:

Not provided

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Job Description:

The Audit Director for Wealth Compliance is a senior level management position responsible for contributing to the strategic direction of Citi’s Internal Audit (IA) function, in coordination with the Audit team. This role is also responsible for managing multiple teams of professionals who conduct end-to-end audits of compliance with key laws and regulations. The role is also responsible for audit coverage of Citi's Compliance Chief Administration Office, as well as the Compliance Risk Management Framework for the Wealth Compliance function. The overall objective of this role is to direct audit activities that support a subset of a product line, function, or legal entity at the global or regional level, in accordance with IA standards, Citi policies, and local regulations.

Job Responsibility:

Deliver multiple concurrent regulatory focused audits to specification, and ensure the delivery of audit reports are complete, insightful, timely, error free and concise
Contribute to the delivery of reports outlining IA’s contributions, and oversee audit’s coverage and reporting on common high risk areas
Provide independent assurance on the design and operating effectiveness of an area, at a global or regional level
Ensure timely delivery of comprehensive regulatory and internal audit issue validation, including issues arising from other external parties
Ensure IA meets/exceeds expectations, and support and drive the IA Transformation Program and IA’s and management’s efforts
Improve the identification, measurement, management, reporting and controls in governance, risk and control environments
Support and endorse the Quality Assurance (QA) function of IA, and resolve issues found by QA, improving audit processes and coverage
Ensure the adoption of Citigroup and Citibank Audit Committee Charters and the IA Charter, and engage in internal/external negotiations
Oversee various tasks to build the audit team, including recruiting staff, developing and training the team, and managing the budget
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

Requirements:

15+ years of experience in a related role
Compliance risk management related experience
Knowledge of key laws and prudential regulations such as Flood Disaster Protection Act, Regulation O, Regulation BI and others
Prefer related certifications such as CRCM, CPA, ACA, CFA, CIA, CISA or similar
Demonstrated success in business, functional and people management
Consistently demonstrates clear and concise written and verbal communication
Demonstrated ability to remain unbiased in a diverse working environment
Effective negotiation skills

What we offer:

Accessibility accommodations for persons with disabilities
Equal opportunity employment

Additional Information:

Job Posted:
May 22, 2025

Employment Type:

Fulltime

Work Type:

On-site work

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Audit Director - Wealth Compliance