Services Business Compliance Independent Assessment SVP

Serves as a senior compliance risk officer for Independent Compliance Risk Management (ICRM)’s Testing team responsible for assessing compliance risks and controls implemented by the first and second line of defense. Also responsible for performing risk assessments of Citi's compliance risks; performing independent testing activities (testing and on-going monitoring) to assess the design and effectiveness of key controls designed to address compliance risk;

reporting and escalating control issues and any violations of laws or breaches of policy; and validating adequacy of remediation taken to address reported issues.

• Developing, implementing, and executing compliance testing, continuous testing, and reporting programs within an assigned region in accordance with the Compliance Testing (CT) and Monitoring Plan.
• Participating in the planning, executing, and reporting of compliance testing, targeted assessments and monitoring reviews, and compliance and regulatory issue validation activities for a component of a product line, function, or legal entity within an assigned region in accordance with Compliance Independent Assessment (CIA) plan.
• Serving as a lead reviewer for complex reviews, analyzing report findings, and communicating findings to corresponding control/process owners.
• Ensuring the timely delivery of high quality, value added testing and audit reports for a portfolio of business activities, which meet the requirements of the Boards of Citigroup and Citibank, their affiliates, and of Citi’s respective regulators, globally.
• Analyzing and documenting report findings, and having preliminary discussions with corresponding control/process owners.
• Assisting with development of Compliance Testing Risk Assessments, Monitoring Monthly, and Quarterly Summaries and the development and enhancement of the Compliance Testing Methodologies and Standards for auditing, testing, monitoring, and reporting.
• Utilizing innovative compliance testing solutions including Data Analytics to increase value and reduce costs of compliance-related activities.
• Developing effective relationships within CIA function and with other stakeholders including Business process owners and Internal Audit function.
• Identifying industry best practices and share insight with the CIA teams on a regular basis.
• Informing CIA management of significant compliance matters that require their attention or action.
• Additional duties as assigned.
• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.
• Knowledge of Platform and Data Services (PDS), AI & Digital Assets products within Services.

• 10+ years of experience
• Expertise of Compliance laws, rules, regulations, risks and typologies
• Experience in planning, executing, and reporting on compliance testing reviews and regulatory issue validation activities
• Knowledge and extensive experience with auditing principles including audit planning, risk assessments, development of risks and controls matrices, processes and controls design assessments, controls operating effectiveness testing, transactional access segregation of duties, transactional testing, surveillance systems, and reporting activities
• Demonstrated career progression within highly respected diversified institutions with complex and diverse products and customers
• Understanding of rules, laws, and regulations, and specific regulatory requirements impacting financial services
• Strong interpersonal skills for building strong relationships with stakeholders and engaging teams
• Effectiveness in working within a large scale and complex matrix organization is essential
• Effective negotiation skills, a proactive and “no surprises” approach in communicating issues, and strength in sustaining independent views
• Excellent oral communication and writing skills in…