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
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.
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.
experience in area of focus; previous experience managing staff, strong working knowledge of function / business / product supported and the related operations and financial requirements