Compliance Assurance Officer Vp Gcb Nam

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Compliance Assurance Officer, VP – GCB NAM
Responsibilities: Serves as a senior compliance risk officer for Independent Compliance Risk Management (ICRM)’s Assurance team responsible for assessing compliance risks and controls implemented by the first and second line of defense. Also responsible for performing risk assessments of Citi’s compliance risks; performing independent assurance activities (testing and on-going monitoring) to assess the design and effectiveness of key controls designed to address compliance risk; reporting and escalating control issues and any violations of laws or breaches of policy; and validating adequacy of remediation taken to address reported issues. Developing, implementing, and executing compliance testing, continuous assurance, and reporting programs within an assigned region (North America) in accordance with the Compliance Assurance (CA) Plan. Participating and leading in the planning, executing, and reporting of compliance assurance reviews and compliance and regulatory issue validation activities for a component of a product line, function, or legal entity within an assigned region (North America) in accordance with CA Plan, specifically for Shared Services and Operations entities in support of Branded Cards, Citi Retail Services and Retail Banking. Analysing and documenting report findings, and having preliminary discussions with corresponding control/process owners. Assisting with development of Compliance Assurance Risk Assessments, Monitoring Monthly, and Quarterly Summaries and the development and enhancement of the Compliance Assurance 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 CA function and with other stakeholders including Business process owners and Internal Audit function. Identifying industry best practices and share insight with the CA teams on a regular basis. Informing CA management of significant compliance matters that require their attention or action. Identifying compliance training resources and tools available centrally to support country/business compliance programs training and research needs. 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.

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