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Compliance Testing Sr Officer I - Consumer Compliance Testing

Company: Citi
Location: The Colony
Posted on: January 13, 2022

Job Description:

The Governance and Oversight Lead is a role within the Independent Compliance Risk Management (ICRM) organization, focused on tracking annual plan progress, and tracking and coordination of governance and oversight requests. The role contributes to ensuring Compliance Testing is a strong, transparent and well-governed organization by supporting key governance processes and by finding and creating efficiencies in the governance processes, templates and reporting. Additionally, this role is responsible for identifying process improvement opportunities, where appropriate, and manages approved enhancements.Key Activities include:

  • Developing, implementing, and executing compliance testing, continuous testing, and reporting programs within an assigned region in accordance with the Compliance Testing (CT) Plan.
  • Participating in the planning, executing, and reporting of compliance testing reviews and compliance and regulatory issue validation activities for a component of a product line, function, or legal entity within an assigned region in accordance with CT Plan.
  • Ensuring the timely delivery of high quality, value added testing and audit reports for a portfolio of business activities, which meet the requirements of the Boards of Citigroup and Citibank, their affiliates, and of Citi 's respective regulators, globally.
  • Analysing and documenting report findings and having preliminary discussions with corresponding control/process owners.
  • Assisting with development of Compliance Testing Risk Assessments, Monitoring Monthly, and Quarterly Summaries and the development and enhancement of the Compliance Testing Methodologies and Standards for auditing, testing, monitoring, and reporting.
  • Utilizing innovative compliance testing solutions including Data Analytics to increase value and reduce costs of compliance-related activities.
  • Developing effective relationships within CT function and with other stakeholders including Business process owners and Internal Audit function.
  • Identifying industry best practices and share insight with the CT teams on a regular basis.
  • Informing CT management of significant compliance matters that require their attention or action.
  • Managing audit and exam deliverables, attending status meetings and providing meeting notes, and written responses.
  • Coordinating and creating decks for applicable governance forums.
  • Tracking annual plan status and providing updates to management. -
  • Assume day to day responsibilities for various projects and tasks to include creation of the annual plan, quarterly plan refresh, and managing socialization timelines.
  • Planning, coordinating, and keeping contents of meetings focused.
  • Leading hiring processes to include drafting and posting job descriptions, outlining the interview process, and screening candidates as first step in interview process.
  • Additional duties as assigned.Qualifications:
    • 10+ years of experience in a audit, risk or compliance testing position focused on consumer banking
    • Expertise of Compliance laws, rules, regulations, risks and typologies
    • Experience with governance type of reporting
    • Demonstrated career progression within highly respected diversified institutions with complex and diverse products and customers
    • Understanding of rules, laws, and regulations, and specific regulatory requirements impacting financial services and [insert product, function, legal entity or regional nature of role as required]
    • Strong interpersonal skills for building strong relationships with stakeholders and engaging teams
    • Effectiveness in working within a large scale and complex matrix organization is essential
    • Effective negotiation skills, a proactive and -no surprises - approach in communicating issues, and strength in sustaining independent views
    • Excellent oral communication and writing skills in interacting with non-executives and executive management and across a number of business lines and control functions
    • Willingness to travel
    • 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 standardsEducation:
      • Bachelor's/University degree, Master's degree preferred
      • 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; Advanced degree a plus-------------------------------------------------Job Family Group: Compliance and Control-------------------------------------------------Job Family:Assurance------------------------------------------------------Time Type:------------------------------------------------------Citi is an equal opportunity and affirmative action employer.Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.Citigroup Inc. and its subsidiaries ("Citi -) invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review .View the "" poster. View the .View the .View the -----------------------------Effective November 1, 2021, Citi requires that all successful applicants for positions located in the United States or Puerto Rico be fully vaccinated against COVID-19 as a condition of employment and provide proof of such vaccination prior to commencement of employment.

Keywords: Citi, The Colony , Compliance Testing Sr Officer I - Consumer Compliance Testing, Accounting, Auditing , The Colony, Texas

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