Serves as a compliance risk manager for Independent Compliance Risk Management (ICRM) responsible for establishing internal strategies, policies, procedures, processes, and programs to prevent violations of law, rule, or regulation and designing and delivering a risk management framework that maintains risk levels within the firm's risk appetite and protects the franchise of Citi Taiwan.
In addition, engaging with the ICRM product and function coverage teams in order to partner to develop and apply CRM program solutions that meet business and customer needs in a manner consistent with the Citi program framework.
Key Activities include :
Participating in the design, development, delivery and maintenance of best-in-class Compliance, programs, policies and practices for ICRM.
Managing a specialized team of Compliance professionals responsible for program execution activities. Oversight for compensation, performance appraisals, staff development, training, etc.
Analyzing complex comparative data, preparing and presenting country and Citibank (Taiwan) Limited reports related to compliance risk assessments, and monitoring of compliance related issues.
Reviewing materials to ensure compliance with various regulatory and legal requirements and to ensure compliance risks are appropriately identified and addressed.
Investigating and responding to compliance risk issues. Investigating regulatory inquiries, preparing required documentation, making recommendations to senior management on how to proceed, and preparing responses for the regulatory inquiries.
Overseeing the monitoring of adherence to Citi’s Compliance Risk Policies and relevant procedures and preparation, editing, and maintenance of Compliance program related materials.
Interacting and working with other areas within Citi, as necessary.
Keeping abreast of regulatory changes, new regulations and internal policy changes in order to further identify new key risk areas.
Additional duties as assigned.
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, strong working knowledge of function / business / product supported and the related operations and financial requirements