Overview
serves as a function/business/product compliance risk manager for independent compliance risk management (icrm) responsible for assisting with internal strategies, policies, procedures, processes, and programs to prevent violations of law, rule, or regulation and design and deliver a risk management framework that maintains risk levels within the firm's risk appetite and protect the franchise. In addition, engages with the icrm product and function coverage teams, in order to partner to develop and apply crm program solutions that meet the function/business/product and customer needs in a manner consistent with the citi program framework. Primary responsibilities include monitoring compliance risk behaviors and providing day-to-day compliance advice relating to the supported function/business/product and guidance on function/business/product rules/laws and interpretation on internal policies and procedures.
responsibilities
* assisting in the design, development, delivery and maintenance of best-in-class compliance, programs, policies and practices for icrm.
* managing a team of compliance professionals responsible for program execution activities. Oversight for compensation, performance appraisals, staff development, training, etc.
* providing guidance on rules and regulations relating to function/business/product operational issues, as well as, provide transactional approvals and interpretation of internal compliance policies.
* assisting with regulatory inquiries and/or examinations. This may include coordination with regulators and other parties.
* collaborating with other internal areas including: legal, business management, operations, technology, finance, other control functions, and in-business risk to address compliance issues which may impact the supported function/business/product.
* supporting the function/business/product in performing timely compliance reviews of new products.
* assisting in the development and administration of compliance training for the function/business/product.
* researching any new reform rules and rule changes and implementing policies, procedures or other controls necessary to comply with the rules.
* additional duties as assigned.
* acknowledging risk when business decisions are made, with attention to the firm's reputation and safeguarding citi, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to policy, applying sound ethical judgment, escalating, managing and reporting control issues with transparency, and supervising others to uphold standards.
qualifications
* knowledge of compliance laws, rules, regulations, risks and typologies
* must be a self-starter, flexible, innovative and adaptive
* strong interpersonal skills with the ability to work collaboratively and with people at all levels of the organization
* strong written and verbal communication and interpersonal skills
* ability to both work collaboratively and independently; ability to navigate a complex organization
* advanced analytical skills
* ability to both work independently and collaborate with team members
* excellent project management and organizational skills and capability to handle multiple projects at one time
* proficient in ms office applications (excel, word, powerpoint)
* demonstrated knowledge in area of focus
* relevant certifications desirable
education
* 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; previous experience managing staff; advanced degree a plus
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