Regulatory Remediation Oversight Lead Analyst (Hybrid)

Posted:
9/26/2024, 10:28:08 PM

Location(s):
Belfast, Northern Ireland, United Kingdom ⋅ Northern Ireland, United Kingdom

Experience Level(s):
Senior

Field(s):
Legal & Compliance

Workplace Type:
Hybrid

Are you looking for a career move that will put you at the heart of a global financial institution? Then bring your skills in programme leadership, senior level stakeholder management, problem solving and communication skills to Citi.

By Joining Citi, you will become part of a global organisation whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.

Team/Role Overview

The Services, Markets and Client (SM&C) Regulatory Remediation Oversight Manager is a strategic professional who closely follows latest trends in own field and adapts them for application within own job and the business. This role provides Oversight and  leadership  for the business in relation to the execution of initiatives and supporting remediation activities including Data Concerns Remediation Management and Issue Management  This role provides oversight over a portfolio of regulatory driven initiatives that requires partnership with Operations, Technology, Finance, Risk, Compliance and other key stakeholders to continuously improve delivery quality and measure the quantifiable impact benefits of delivery.   This role will negotiate internally, often at a senior level, therefore excellent communication skills are required. Some external communication/negotiation may be necessary as the team is an integral component of Citi’s delivery for regulatory programmes.

What you’ll do

  • Drive and oversee the delivery of regulatory response remediation and execution efforts across the SM&C businesses.
  • Partner with workstream leads and Operations, Finance, Risk and Compliance counterparts to determine and maintain the portfolio work efforts that will enable SM&C to meet its commitments to global and regional regulators.
  • Provide Oversight for SM&C activities in data centric regulatory Exams that involve SM&C (e.g., Regulatory Reporting Exams) and ensure that these are executed in line with regulatory expectations and ability to provide effective challenge.
  • Write content on the SM&C data-centric regulatory activities above for compilation and input into senior level reporting.
  • Ensure SM&C are actively participating in regulatory response and remediation efforts as part of COO engagement.
  • Engage and provide support in data governance reviews, exams, and inquiries with Citi 2nd & 3rd lines of defense and regulators.
  • Present governance and reporting updates to senior leadership and escalates issues and risks in a timely manner to expedite resolution.
  • Proactively monitor SM&C performance against Program key performance indicator’s including Data Concerns Remediation Management and Issue and CAP Management  to ensure complete and timely delivery of commitments.

What we’ll need from you

  • Regulatory Program Management: An understanding of  large regulatory change management programs and program and project planning, and how they enable the timely delivery of regulatory remediation and business objectives.  Knowledge of the  systems development lifecycle and required testing for systems integration projects is desirable. Insight into key performance metrics to measure both delivery progress and business benefit realization.
  • Risk Management: Knowledge of the Risk and Controls, Issue and Cap Management, risk identification, escalation and mitigation including the application of compensating controls preferable.
  • Stakeholder Management: Identifying and partnering with stakeholders and key organizations to build and manage relationships at all level and meet the programme commitments.
  • Communications Management: Continual interaction is required with peers and senior leadership in SM&C businesses, Operations and Technology teams as well as Finance, Risk, the Chief Data Office, Compliance, and Internal Audit on a global level.   Communicates effectively, develops and delivers multi-mode communications that convey a clear understanding of the unique needs of different audiences; able to drive consensus, and influence relationships at all levels.
  • Financial Services and Regulatory Background Knowledge: Previous experience in banking and finance, and knowledge of Regulatory Reporting.  Knowledge of key regulatory entities e.g., Federal Reserve Board, Office of the Comptroller of the Currency and Prudential Regulation Authority and any other relevant regulatory bodies will be an advantage.

What we can offer you

This is a role that'll offer you the opportunity to build an in-depth knowledge of Risk and Controls in a fast-growing Central Controls team. Every day there will be new business challenges that will help you develop new skills that can drive your career.

We work hard to have a positive financial and social impact on the communities we serve. In turn, we put our employees first and provide the best-in-class benefits they need to be well, live well and save well.

By joining Citi Belfast, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed), and enjoy a whole host of additional benefits such as: 

  • Generous holiday allowance starting at 27 days plus bank holidays; increasing with tenure.
  • A discretional annual performance related bonus.
  • Private medical insurance packages to suit your personal circumstances.
  • Employee Assistance Programme.
  • Pension Plan.
  • Paid Parental Leave.
  • Special discounts for employees, family, and friends.
  • Access to an array of learning and development resources.

 

Alongside these benefits Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day.  We want the best talent around the world to be energised to join us, motivated to stay, and empowered to thrive. 

 

Sounds like Citi has everything you need? Then apply to discover the true extent of your capabilities. 

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Job Family Group:

Data Governance

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Job Family:

Data Governance Foundation

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Time Type:

Full time

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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.

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