Compliance Testing Senior Officer

Citi • Tampa, FL

1d • Hybrid

About The Position

Citibank, N.A. seeks a Compliance Testing Senior Officer for its Tampa, Florida location. Duties: Develop, implement, and execute compliance testing, monitoring and targeted assessment activities in accordance with Citi’s Compliance Independent Assessment Methodologies. Assess compliance risks and controls and identify and assess significant compliance risks that pertain to business groups and functions in the CBNA, Banking and International (CB&I) businesses. Participate in planning, executing, and reporting of compliance independent assessment activities and compliance and regulatory issue validation activities for a component of a product line, function, or legal entity in accordance with the Assessment Plan. Serve as a team lead reviewer for complex reviews and monitoring activities, analyze report findings, and communicate findings to control/process owners. Use data analytics and emerging technologies (including artificial intelligence) to improve risk management precision and accuracy and reduce costs of compliance-related activities. Socialize plans with global stakeholders in all 3 lines of defense to avoid overlap and ensure feasibility. Assess effectiveness of plans and make adjustments as needed. Collaborate with stakeholders including business process owners, Internal Audit, and regulators. Inform leadership of significant compliance matters that require their attention or action. Report metrics and continuous improvement updates to management and business stakeholders. Assess compliance risks, identify control processes, and plan testing and monitoring exercises that enhance compliance with applicable laws, rules and regulations and strengthen business processes. Articulate control issues to stakeholders and evaluate and recommend options for remediation. Oversee execution progress on remedial actions and validate successful completion of milestones that demonstrate control improvement sustainability. Act as a member of the CB&I Independent Assessment Management Team and lead strategic projects / special assignments on behalf of the CB&I Head of Independent Assessment. A telecommuting/hybrid work schedule may be permitted within a commutable distance from the worksite, in accordance with Citi policies and protocols.

Requirements

• Requires a Master’s degree or foreign equivalent in Finance, Business Administration, Financial Management, Engineering (any) or related field and 8 years of experience as a Compliance Officer, Internal Auditor, Compliance Assurance Director, Chief Audit Executive, Internal Audit Markets, Head of Audit Credit Policy, Control Head or related position involving compliance risk assessments for the international financial services industry. Alternatively, will accept a Bachelor’s degree in the stated fields and 10 years of the specified progressive post-baccalaureate experience.
• 8 years of experience must include: Developing, implementing, and executing compliance testing activities; Risk assessments; Managing regulatory interactions; Issue management; Risk management strategy; Assessing control issues with stakeholders; Risk management systems and technologies.
• At least 4 years must include: Developing, implementing, and executing monitoring activities; Managing Internal Audit interactions; and Leading complex initiatives across jurisdictions and geographies.

Responsibilities

• Develop, implement, and execute compliance testing, monitoring and targeted assessment activities in accordance with Citi’s Compliance Independent Assessment Methodologies.
• Assess compliance risks and controls and identify and assess significant compliance risks that pertain to business groups and functions in the CBNA, Banking and International (CB&I) businesses.
• Participate in planning, executing, and reporting of compliance independent assessment activities and compliance and regulatory issue validation activities for a component of a product line, function, or legal entity in accordance with the Assessment Plan.
• Serve as a team lead reviewer for complex reviews and monitoring activities, analyze report findings, and communicate findings to control/process owners.
• Use data analytics and emerging technologies (including artificial intelligence) to improve risk management precision and accuracy and reduce costs of compliance-related activities.
• Socialize plans with global stakeholders in all 3 lines of defense to avoid overlap and ensure feasibility.
• Assess effectiveness of plans and make adjustments as needed.
• Collaborate with stakeholders including business process owners, Internal Audit, and regulators.
• Inform leadership of significant compliance matters that require their attention or action.
• Report metrics and continuous improvement updates to management and business stakeholders.
• Assess compliance risks, identify control processes, and plan testing and monitoring exercises that enhance compliance with applicable laws, rules and regulations and strengthen business processes.
• Articulate control issues to stakeholders and evaluate and recommend options for remediation.
• Oversee execution progress on remedial actions and validate successful completion of milestones that demonstrate control improvement sustainability.
• Act as a member of the CB&I Independent Assessment Management Team and lead strategic projects / special assignments on behalf of the CB&I Head of Independent Assessment.

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level