Citi
Compliance Senior Officer Volcker Swap Dealer Counterparty Trading Risk SVP
Citi, Jersey City, New Jersey, United States, 07390
Overview
Compliance Senior Officer Volcker Swap Dealer Counterparty Trading Risk 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 assessments of Citi's compliance risks; performing independent testing activities (testing and monitoring) within the global Volcker, Swap Dealer, Counterparty Trading & Risk CIA program 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. In this role, youre expected to: Developing, implementing, and executing compliance testing, continuous testing, and reporting programs in accordance with the Compliance Independent Assessment (CIA) Plan. Leading the planning, executing, and reporting of compliance testing reviews and issue validation activities for the Volcker, Swap Dealer, Counterparty Trading & Risk CIA program in accordance with CIA Plan. Serving as a lead reviewer for complex reviews, analyzing report findings, and communicating findings to corresponding control/process owners for the Volcker, Swap Dealer, Counterparty Trading & Risk. Ensuring the timely delivery of high quality, value-added testing reports for a portfolio of business activities, meeting the requirements of Citigroup and Citibank boards and regulators globally. Analysing and documenting report findings and engaging with corresponding control/process owners. Utilizing innovative compliance testing solutions including data analytics to increase value and reduce costs of compliance-related activities. Developing effective relationships within the CIA function and with Product Compliance, Business process owners, Risk management and Internal Audit. Identifying industry best practices and sharing insights with CIA teams on a regular basis. Informing CIA management of significant compliance matters requiring attention or action. Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firms reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to policy, applying sound ethical judgment, and escalating, managing and reporting control issues with transparency.
As a successful candidate, youd ideally have the following skills and exposure: 14+ years of relevant experience Expertise of Compliance laws, rules, regulations, risks and typologies Extensive experience in planning, executing, and reporting on compliance testing reviews and regulatory issue validation activities for Volcker program, Swap Dealer program and Counterparty Trading and Risk business Knowledge and extensive regulatory compliance and/or 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 relationships with stakeholders and engaging teams Effectiveness in working within a large-scale and complex matrix organization Effective negotiation skills, proactive and no surprises communication, and ability to sustain independent views Excellent oral communication and writing skills with executives and across business lines Willingness to travel Self-starter, flexible, innovative and adaptive Highly motivated, detail-oriented, team-oriented, organized Strong presentation skills to articulate complex problems and solutions Ability to collaborate with regional and global partners and navigate a complex organization; ability to influence and lead across cultures Experience in managing regulatory exams and relationships with examiners and auditors Awareness of regulatory requirements including local and US laws, international and industry standards Advanced knowledge in area of focus
Education: Bachelor's/University degree, Masters degree preferred Bachelors degree with experience in compliance, legal, audit or other control-related function in financial services, regulatory organization, or legal/consulting firm Advanced degree is a plus
Job Family Group: Compliance Job Family: Compliance Independent Assessment Time Type: Full time Primary Location: Jersey City, New Jersey, United States Primary Location Full Time Salary Range: $163,600.00 - $245,400.00 In addition to salary, Citi offers discretionary and formulaic incentive and retention awards, medical/dental/vision coverage, 401(k), life/accident/disability insurance, wellness programs, and paid time off. Availability of benefits varies by jurisdiction, job level, and date of hire. Citi is an equal opportunity employer. Qualified candidates will receive consideration without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law. #J-18808-Ljbffr
Compliance Senior Officer Volcker Swap Dealer Counterparty Trading Risk 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 assessments of Citi's compliance risks; performing independent testing activities (testing and monitoring) within the global Volcker, Swap Dealer, Counterparty Trading & Risk CIA program 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. In this role, youre expected to: Developing, implementing, and executing compliance testing, continuous testing, and reporting programs in accordance with the Compliance Independent Assessment (CIA) Plan. Leading the planning, executing, and reporting of compliance testing reviews and issue validation activities for the Volcker, Swap Dealer, Counterparty Trading & Risk CIA program in accordance with CIA Plan. Serving as a lead reviewer for complex reviews, analyzing report findings, and communicating findings to corresponding control/process owners for the Volcker, Swap Dealer, Counterparty Trading & Risk. Ensuring the timely delivery of high quality, value-added testing reports for a portfolio of business activities, meeting the requirements of Citigroup and Citibank boards and regulators globally. Analysing and documenting report findings and engaging with corresponding control/process owners. Utilizing innovative compliance testing solutions including data analytics to increase value and reduce costs of compliance-related activities. Developing effective relationships within the CIA function and with Product Compliance, Business process owners, Risk management and Internal Audit. Identifying industry best practices and sharing insights with CIA teams on a regular basis. Informing CIA management of significant compliance matters requiring attention or action. Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firms reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to policy, applying sound ethical judgment, and escalating, managing and reporting control issues with transparency.
As a successful candidate, youd ideally have the following skills and exposure: 14+ years of relevant experience Expertise of Compliance laws, rules, regulations, risks and typologies Extensive experience in planning, executing, and reporting on compliance testing reviews and regulatory issue validation activities for Volcker program, Swap Dealer program and Counterparty Trading and Risk business Knowledge and extensive regulatory compliance and/or 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 relationships with stakeholders and engaging teams Effectiveness in working within a large-scale and complex matrix organization Effective negotiation skills, proactive and no surprises communication, and ability to sustain independent views Excellent oral communication and writing skills with executives and across business lines Willingness to travel Self-starter, flexible, innovative and adaptive Highly motivated, detail-oriented, team-oriented, organized Strong presentation skills to articulate complex problems and solutions Ability to collaborate with regional and global partners and navigate a complex organization; ability to influence and lead across cultures Experience in managing regulatory exams and relationships with examiners and auditors Awareness of regulatory requirements including local and US laws, international and industry standards Advanced knowledge in area of focus
Education: Bachelor's/University degree, Masters degree preferred Bachelors degree with experience in compliance, legal, audit or other control-related function in financial services, regulatory organization, or legal/consulting firm Advanced degree is a plus
Job Family Group: Compliance Job Family: Compliance Independent Assessment Time Type: Full time Primary Location: Jersey City, New Jersey, United States Primary Location Full Time Salary Range: $163,600.00 - $245,400.00 In addition to salary, Citi offers discretionary and formulaic incentive and retention awards, medical/dental/vision coverage, 401(k), life/accident/disability insurance, wellness programs, and paid time off. Availability of benefits varies by jurisdiction, job level, and date of hire. Citi is an equal opportunity employer. Qualified candidates will receive consideration without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law. #J-18808-Ljbffr