What are the responsibilities and job description for the Compliance Testing Officer - Markets Operations- C13/ VP position at Citigroup, Inc.?
Serves as a compliance risk officer for Independent Compliance Risk Management (ICRM) testing team responsible for assessing compliance risks and controls implemented by the first and second line of defense. Also responsible for performing risk assessment 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.
Key Activities include :
- Participating in the planning, executing, and reporting of compliance testing reviews and regulatory issue validation covering middle and back office Operations activities within the Global Markets business, in accordance with the Compliance Independent Assessment (CIA) Plan.
- Act as review lead, coordinating the testing resources and helping to manage testing projects in conjunction with review Director.
- Analyzing and documenting report findings, and negotiating 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 other stakeholders including Business process owners and Internal Audit function.
- Identifying industry best practices and sharing insight with the CIA teams on a regular basis.
- Informing CIA management of significant compliance matters that require their attention or action.
- Identifying compliance training resources and tools available centrally to support country / business compliance programs training and research needs.
- 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 :
Education :
Job Family Group :
Compliance and Control
Job Family : Testing
Time Type : Full time
Primary Location :
Jersey City New Jersey United States
Primary Location Full Time Salary Range :
129,840.00 - $194,760.00
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.
Anticipated Posting Close Date :
Nov 05, 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.
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Salary : $129,840 - $194,760
