Compl Testing Sr Officer Ii-global Compliance Testing Prudential Testing- Director

Profile

Compl Testing Sr Officer II-Global Compliance Testing Prudential Testing- Director

The candidate will be responsible for assessing compliance risks and controls implemented by the first and second line of defense. Responsible for reporting and escalating control issues and any violations of laws or breaches of policy; and validating adequacy of remediation taken to address reported issues. Overseeing the development, implementation, and execution of the compliance testing, continuous testing, and reporting programs within an assigned region in accordance with Compliance Testing (CT) Plan. Directing the planning, execution, and reporting of compliance testing reviews and compliance and regulatory issue validation activities for a component of a product line or function, or legal entity within an assigned region in accordance with CT Plan. Assisting in the development of a robust CT Plan to monitor for compliance with rules, laws, and regulations for Global Functions and Prudential Regulations i.e., Regulation O, Y, K, W. Developing a valued interactive program of support and assurance 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 Key Compliance Risks across businesses and products, legal entities and jurisdictions, providing stakeholders with insight and practical solutions to improve the control culture and environment across Citigroup. Defining resource requirements and budgets for CT projects. Serving as a testing owner for complex reviews, analyze report findings, and recommend appropriate interventions where needed. Identifying and evaluating emerging risks and present findings to Product/function leadership. Participating in discussions with the firm’s regulators in connection with inquiries, inspections, and exams. Participating in the development and enhancement of the CT Methodology and Standards for auditing, testing, and reporting with compliance risk focus. 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. Appropriately assessing risk when business decisions are made, demonstrating 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. Bachelor’s degree is required. Master's degree preferred. Advanced degree (e.g., J.D., MBA) is a plus. Experience in compliance, legal or other control-related function in the financial services firm, regulatory organization, or legal/consulting firm, or a combination thereof is required. Should have 15+ years of experience

Additional Information

Job requisition ID: 22471426

Company info

Citigroup, Inc
480 Washington Blvd
Jersey Cit
New Jersey
United States 07310
Website : http://www.citigroup.com