Citi: Compliance Testing Director – Institutional Markets And Security Services

Serves as a senior compliance risk manager 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 adequacyof remediation taken to address reported issues.

Serves as Compliance Testing Lead for the North America Institutional Client Group (ICG) overseeing a testing team focused on the Markets and Security Services groups.

ICG is organized into four groups: Banking, Capital Markets and Advisory, Markets and Securities Services, Private Bank and Treasury and Trade Solutions.

Key Activities include:Overseeing the development, implementation, and execution of the compliance testing, continuous testing, and reporting programs within an assigned region in accordance with Compliance Testing (CT) Plan.Directing the planning, execution, and reporting of compliance testing reviews and compliance and regulatory issue validation activities for a component of a product line or function, or legal entity within an assigned region in accordance with CT Plan.Managing a team or multiple teams of Compliance professionals.

Developing, attracting, and retaining talent; recommending staffing levels required to carry out the units role and responsibilities effectively while establishing and adhering to talent management processes and compensation and performance management programs.Assisting in the development of a robust CT Plan to monitor for compliance with rules, laws, and regulations.Developing a valued interactive program of support and testing that provides regulators and stakeholders insight into compliance trends, themes, issues, and root causes.Developing a valued interactive program of support and compliance risk management services covering the assessment and reporting of Key Compliance Risks across businesses and products, legal entities and jurisdictions, providing stakeholders with insight and practical solutions to improve the control culture and environment across Citigroup.Defining resource requirements and budgets for CT projects.Serving as a testing owner for complex reviews, analyze report findings, and recommend appropriate interventions where needed.Identifying and evaluating emerging risks and present findings to CT function leadership.Analysing and providing credible challenges to teams assessment of the control environment (of relevant assessment units), including Managers Control Assessments (MCA), Internal Audit Assessments (and related control metrics such as Issues Being Actioned by Management (IBAM), on-time remediation, Reopens, and MCA effectiveness), Regulatory Issues (and its metrics), Compliance Testing Results, and Legal Matters.Participating in discussions with the firms regulators in connection with inquiries, inspections, and exams.Participating in the development and enhancement of the CT Methodology and Standards for auditing, testing, and reporting with compliance risk focus.Providing regulator briefings as necessary and insight to the State of Compliance Report on a quarterly basis to the Audit Committees of Citigroup and Citibank.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, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.

Qualifications:15+ years of experience in an Audit, Risk or Compliance Testing role8-10+ years’ managerial experience, preferably leading large teams, 20+Experience in products such as: prime finance, securities lending, funds, custody side of business, CMO (capital markets origination)Extensive global compliance and audit related experience, and strong knowledge of business processes and IT technologies utilized in the Financial Services IndustryPossess strong project management, budgeting, and interpersonal skills, makes sound decisions, and exhibit initiative and intuitive thinkingExecutive presence and a reputation for building strong relationships with stakeholders and leading teams, both direct reports and in peer/influence models.

Effectiveness in working within a large scale and complex matrix organization is essentialSolid understanding of rules, laws, and regulations, and specific regulatory requirements impacting financial services and [insert product, function, legal entity or regional nature of role as required]Proven experience in leading transformational change, in influencing geographically dispersed teams of world-class professionals and in implementation of cost effective and technology enabled innovative solutions in compliance monitoring, testing, and reportingEffective negotiation skills, a proactive and no surprises approach in communicating issues, and strength in sustaining independent views.Excellent communication skills in interacting with non-executives, executive management, regulators, and across a number of business lines and control functionsEffective persuasion skills, the ability to work effectively at the highest levels of the organization, and networking and influencing skills.

This person will be comfortable acting as an agent for positive change with agility and flexibilityProven track record in preparing and presenting formal written reports to Audit Committee, Compliance Committee, Board of Directors, and C-Suite Management.Willingness to travel domestically and internationallyHighly motivated, strong attention to detail, team oriented, organizedStrong communication and interpersonal skills; strong presentation skills with the ability to articulate complex problems and solutions through concise and clear messagingExperience 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 businessesExperience with and previous exposure to internal or external control functions and regulators (incl.

the US)Ability to challenge business management and escalate issues when appropriateStrong track record of effectively assessing and managing competing prioritiesExperience managing diverse teams, and comfort navigating complex, highly-matrixed organizationsComfortable acting as an agent for positive change with agility and flexibilitySubject matter expertise in area of focus Education:Bachelors 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; extensive experience inarea of focus; previous experience managing a diverse staff; Advanced degree preferred Job Family Group: Compliance and Control Job Family:Assurance Time Type:Full time 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.

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