Posted:
9/19/2024, 7:41:25 AM
Location(s):
Nevada, United States ⋅ Las Vegas, Nevada, United States
Experience Level(s):
Senior
Field(s):
Business & Strategy
Department Overview
Citi’s Client organization focuses on strengthening how we deliver for clients across the bank by taking a comprehensive view of our client relationships, ensuring that we deliver one Citi in a consistent and disciplined way through a centralized view of our client strategy, segmentation, and coverage model. Citi’s Client organization brings together key capabilities pertaining to:
This role will report into the Client Control - Non-Regulatory Engagements, Policies, Regulations, and Issue Remediation Lead (C15) and will be responsible for implementing key processes and establishing adequate governance around Engagement Coordination as Issue Remediation. In addition, the role will be working closely with 1st, 2nd and 3rd LoD teams towards fulfilling the roles and responsibilities related to the above processes.
This is an exciting opportunity for a motivated professional with a strong understanding of regulations management, associated risks and controls and a keen interest in establishing robust processes, and governance in-line with Citi Client’s strategic objectives.
Key Responsibilities:
Direct and navigate a team of professionals in:
centrally overseeing a large portfolio of non-regulatory engagements pertaining to Client and effectively supporting the process of independent pre-validation for the Client wide inventory of new and existing issues.
Engagements
Oversee the creation and continuous maintenance of a comprehensive, centralised view of the progress of planned non-regulatory engagements with potential impact to Client processes and teams, including planned coverage of internal control functions (e.g. Internal or External Audit, Independent Compliance Risk Management testing, Global Risk Review etc.) where oversight, advisory contribution or independent challenge are needed.
Oversee and direct the design and implementation of a reporting capability to ensure effective and timely communication of progress of these engagements including scope, impact on Client teams and prompt escalation of potential issues.
Support Client teams by providing credible challenge through-out the key phases of complex reviews performed by control functions and support impacted teams during the formation and of potential findings during reporting.
Establish a solid network of key stakeholders in control functions to enable effective collaboration and partnership during engagements.
Issue Management (Quality Assurance and Issue Quality Control)
Support ICM stakeholders in the creation, drafting and qualitative pre-validation of observations raised on the back of self-identified control gaps, as well as internal or external engagements.
Facilitate Issue Management engagement throughout the lifecycle and stages of remediating high severity issues and key programs owned by Client teams.
Act as a key resource for Client teams’ issue owners to advise and support on the effective design and implementation of key controls remediated through issues.
Partner with colleagues to build highly effective relationships across the Client teams to ensure remediation design and implementation is effectively project managed and executed in co-ordination with second and third lines.
Design, execute and report to issue owners and Client senior management on the effectiveness of control remediations prior to submission for independent validation by control functions.
Establish a solid network of key stakeholders in control functions to enable effective collaboration and partnership during the creation and remediation of issues.
Qualifications:
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Job Family Group:
Risk Management------------------------------------------------------
Job Family:
Business Risk & Control------------------------------------------------------
Time Type:
Full time------------------------------------------------------
Primary Location:
New York New York United States------------------------------------------------------
Primary Location Full Time Salary Range:
$170,000.00 - $300,000.00
In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.
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Anticipated Posting Close Date:
Sep 26, 2024------------------------------------------------------
Citi is an equal opportunity and affirmative action employer.
Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.
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Website: https://www.citigroup.com/
Headquarter Location: New York, New York, United States
Employee Count: 10001+
Year Founded: 1812
Last Funding Type: Post-IPO Equity
Industries: Banking ⋅ Credit Cards ⋅ Financial Services ⋅ Wealth Management