Compliance Independent Assessment Director, Citi

Citi

Location:
United Kingdom, London

Category:
-

Contract Type:
Employment contract

Salary:

Not provided

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Job Description:

The Compliance Independent Assessment Senior Manager serves as a senior compliance risk analyst manager who is responsible for overseeing the Independent Compliance Risk Management (ICRM)’s Compliance Independent Assessment team that is responsible for assessing the first line of defense's significant compliance risks and for providing governance and oversight of compliance with Laws, Rules, and Regulations. This person will oversee the work that is performed through independent assessment activities (testing and monitoring) to evaluate the design and/or performance of business processes and/or controls, to conclude on the severity of underlying compliance risks

Job Responsibility:

Overseeing the development, implementation, and execution of the Compliance Independent Assessment (monitoring and testing) programs within an assigned area/function in accordance with the Compliance Independent Assessment Plan
directing the planning, execution, and reporting of compliance monitoring and testing assessment activities and compliance and regulatory issue validation activities for a component of a product line or function, or legal entity within an assigned area in accordance with the Compliance Independent Assessment Plan
managing a team or multiple teams of Compliance professionals
assisting in the development of a robust Compliance Independent Assessment Plan to assess significant compliance risks and monitor for compliance with rules, laws, and regulations
developing a valued interactive program of support and testing that provides regulators and stakeholders’ insight into compliance trends, themes, issues, and root causes
developing a valued interactive program of support and compliance risk management services covering the assessment and reporting of Significant Compliance Risks across businesses and products, legal entities and jurisdictions
defining resource requirements and budgets for Compliance Independent Assessment projects
serving as owner for complex compliance assessment activities, analyze report findings, and recommend appropriate interventions where needed
identifying and evaluating emerging risks and present findings to Compliance Independent Assessment function leadership
analyzing and providing credible challenges to team’s assessment of the control environment
participating in discussions with the firm’s regulators in connection with inquiries, inspections, and exams
participating in the development and enhancement of the Compliance Independent Assessment Procedures for auditing, testing, and reporting
providing regulator briefings as necessary and insight to the State of Compliance Report on a quarterly basis to the Audit Committees of Citigroup and Citibank

Requirements:

Extensive experience in both technical Compliance space and in managerial position
extensive global compliance and audit related experience, and strong knowledge of business processes and IT technologies utilized in the Financial Services Industry
possess strong project management, budgeting, and interpersonal skills, makes sound decisions, and exhibit initiative and intuitive thinking
executive presence and a reputation for building strong relationships with stakeholders and leading teams, both direct reports and in peer/influence models
solid understanding of rules, laws, and regulations, and specific regulatory requirements impacting financial services
proven experience in leading transformational change, in influencing geographically dispersed teams of world-class professionals and in implementation of cost effective and technology enabled innovative solutions in compliance monitoring, testing, and reporting
effective negotiation skills, a proactive and 'no surprises' approach in communicating issues, and strength in sustaining independent views
excellent communication skills in interacting with non-executives, executive management, regulators, and across a number of business lines and control functions
effective persuasion skills, the ability to work effectively at the highest levels of the organization, and networking and influencing skills
proven track record in preparing and presenting formal written reports to Audit Committee, Compliance Committee, Board of Directors, and C-Suite Management
willingness to travel domestically and internationally
highly motivated, strong attention to detail, team oriented, organized
strong communication and interpersonal skills
experience in the design and implementation of Compliance programs
demonstrated ability to assess complex issues through root cause analysis and other analytical techniques
ability to influence and lead people across cultures at a senior level using sound judgment and successful execution
experience with and previous exposure to internal or external control functions and regulators
ability to challenge business management and escalate issues when appropriate
strong track record of effectively assessing and managing competing priorities
experience managing diverse teams, and comfort navigating complex, highly-matrixed organizations
subject matter expertise in area of focus

What we offer:

Best-in-class benefits
opportunities for global career growth
employee-first approach

Additional Information:

Job Posted:
May 02, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

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Compliance Independent Assessment Director