COMPLIANCE PRODUCT DIRECTOR, ICRM MARKETS - STRUCTURE PRODUCTS & DERIVATIVES (C15) - NEW YORK
Company: Citigroup
Location: New York
Posted on: October 18, 2024
|
|
Job Description:
Serves as a senior function/business/product compliance risk
officer for Independent Compliance Risk Management (ICRM)
responsible for establishing internal strategies, policies,
procedures, processes, and programs to prevent violations of law,
rule, or regulation and design and delivery of a risk management
framework that maintains risk levels within the firm's risk
appetite and protects the franchise. In addition, engages with the
ICRM product and function coverage teams, in order to partner to
develop and apply CRM program solutions that meet
function/business/product and customer needs in a manner consistent
with the Citi program framework.Responsibilities:Providing
equities, options and structured products compliance coverage to an
assigned function/business/product. Provides compliance guidance on
function/business/product rules and regulations relating to
operational issues, transactional approvals and the application of
internal compliance policies for day-to-day activities;Directing
the design, development, delivery and maintenance of best-in-class
Compliance, programs, policies and practices for ICRM. Translates
ICRM strategy and goals across Citi's clients, products and
geographies; provides direction and guidance on the
programs.Staying abreast of relevant changes to rules/regulations
and other industry news including regulatory findings.Providing
oversight and guidance over the assessment of complex issues,
structures potential solutions and drives effective resolution with
other stakeholders. Provides advice to the
function/business/product on an ongoing basis on new initiatives,
new products, acquisitions, and client-related matters with respect
to applicability of policies, resolution of potential red flags or
other client/transaction-related compliance
escalations.Representing Citi on critical regulatory matters as
required. Serves as liaison with regulatory examiners, Internal
Audit, and external auditors on critical Compliance issues and
oversees the implementation of related remediation. Collaborating
with other internal areas including: Legal, Business Management,
Operations, Technology, Finance, other Control Functions, and
In-Business Risk to address compliance issues which may impact the
assigned function/business/product.Supporting the
function/business/product in performing timely compliance reviews
of new transactions and/or productsManaging ICRM initiatives as
required, such as the implementation of new Compliance systems,
controls, and related project management work efforts;Assisting in
the development and administration of Compliance training for the
assigned function/business/product.Overseeing the monitoring and
identification of regulatory developments, including enforcement
actions, and new laws, regulations, rules, and interpretations or
guidance relating to the function/business/product.Analyzing and
scoping the impact including applicability of new and complex
regulatory developments across the assigned
function/business/product, including cross-border impact.Assisting
in the establishment of ICRM policies, procedures and controls to
comply with these new or changed laws and regulations.Mentoring and
developing junior staff.Participating in industry groups and trade
association working groups or other forums;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.Qualifications:Structure Products/Derivatives
Compliance experienceHighly motivated, strong attention to detail,
team oriented, organizedExcellent written, verbal and analytical
skillsStrong communication and interpersonal skills; strong
presentation skills with the ability to articulate complex problems
and solutions through concise and clear messagingAbility to
interact and communicate effectively with senior leadersSignificant
knowledge and expertise of Compliance laws, rules, regulations,
risks and appropriate controlsExperience in the design and
implementation of Compliance programsDemonstrated ability to assess
complex issues through root cause analysis and other analytical
techniques; structure potential solutions; drive to resolution with
senior stakeholdersAbility to influence and lead people across
cultures at a senior level using sound judgment and successful
execution, understanding how to operate effectively across diverse
Business/FunctionExperience with and previous exposure to internal
or external control functions and regulatorsAbility to challenge
Business/Function management and escalate issues when
appropriateStrong track record of effectively assessing and
managing competing prioritiesComfortable navigating complex,
highly-matrixed organizationsComfortable acting as an agent for
positive change with agility and flexibilityEffective negotiation
skills, a proactive and 'no surprises' approach in communicating
issues and strength in sustaining independent views. Strong
presentation and relationship management skills are
essentialSubject matter expertise in area of focusRelated
certifications desirableEducation:Bachelor's degree; experience in
compliance, legal or other control-related function in the
financial services firm, regulatory organization, or
legal/consulting firm, or a combination thereof; strong working
knowledge of the assigned function/business/product and related
laws and regulations; Advanced degree a
plus------------------------------------------------------Job
Family Group: Compliance and
Control------------------------------------------------------Job
Family:Product Compliance Risk
Management------------------------------------------------------Time
Type:Full
time------------------------------------------------------Primary
Location:New York New York United
States------------------------------------------------------Primary
Location Full Time Salary Range:$170,000.00 - $300,000.00In
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.------------------------------------------------------Anticipated
Posting Close Date:Oct 27,
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.View the EEO is the Law poster. View the EEO
is the Law Supplement.View the EEO Policy Statement.View the Pay
Transparency Posting
Keywords: Citigroup, New York , COMPLIANCE PRODUCT DIRECTOR, ICRM MARKETS - STRUCTURE PRODUCTS & DERIVATIVES (C15) - NEW YORK, Accounting, Auditing , New York, New York
Click
here to apply!
|