Vp, Compliance Testing Officer – Commercial Banking (Hybrid)

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Citi'sIndependent Compliance Risk Management (ICRM)is an independent control function that provides guidance and challenge to the firm, managing compliance risk and promoting behavior that is consistent with Citi's mission.

We're currently looking for a high caliber professional to join our team asVice President, Compliance Testing Officer - Commercial banking - C13 - Hybrid (Internal Job Title: Compliance Testing Officer - C13)based inTaguig City, Philippines.Being part of our team means that we'll provide you with the resources to meet your unique needs, empower you to make healthy decision and manage your financial well-being to help plan for your future. For instance:
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We offer our employees resources and tools to volunteer in the communities in which they live and work. In 2019, Citi employee volunteers contributed more than 1 million volunteer hours around the world.

In this role, you're expected to:

Serves as a compliance risk officer for Independent Compliance Risk Management (ICRM)'s Compliance Independent Assessment (CIA) 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/monitoring 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.

Responsibilities:
Developing, implementing, and executing compliance testing/monitoring, continuous assurance, and reporting programs within an assigned region in accordance with the Compliance Independent Assessment (CIA) Plan.

Participating in the planning, executing, and reporting of compliance testing/monitoring reviews and compliance and regulatory issue validation activities for a component of a product line, function, or legal entity within an assigned area in accordance with CIA Plan.

Analyzing and documenting report findings, and having preliminary discussions with corresponding control/process owners.

Assisting with the identification of Significant Compliance Risks via Compliance Risk Assessments, and other internal and external inputs in order to build and refresh the Compliance Independent Assessment (CIA) plans for Banking Controls.

Utilizing innovative compliance testing/monitoring solutions including Data Analytics to increase value and reduce costs of compliance-related activities.

Developing effective relationships within Compliance Independent Assessment (CIA) function and with other stakeholders including Business process owners and Internal Audit function.

Identifying industry best practices and share insight with the Compliance Independent Assessment (CIA) teams on a regular basis.

Informing Compliance Independent Assessment (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.

As a successful candidate, you'd ideally have the following skills and exposure:

Qualifications:
6-10 years of experience in an Audit, Compliance Testing, Monitoring, Risk Assessment or Legal role, preferably focused in Investment Banking and Corporate Banking

Experience in planning, executing, and reporting on compliance testing/monitoring reviews and regulatory issue validation activities

Knowledge and extensive experience with auditing principles including audit planning, risk assessments, development of risks and controls matrices, processes and controls design assessments, controls operating effectiveness testing, monitoring, transactional access segregation of duties, transactional testing, surveillance systems, and reporting activities

Understanding of rules, laws, and regulations, and specific regulatory requirements

Strong interpersonal skills for building strong relationships with stakeholders and engaging teams

Effectiveness in working within a large scale and complex matrix organization

Effective negotiation skills, a proactive and "no surprises" approach in communicating issues, and strength in sustaining independent views

Excellent oral communication and writing skills in interacting with non-executives and executive management and across a number of business lines and control functions

Must be a self-starter, flexible, innovative and adaptive

Strong interpersonal skills with the ability to work collaboratively and with people at all levels of the organization

Advanced analytical skills

Ability to both work independently and collaborate with team members

Excellent project management and organizational skills and capability to handle multiple projects at one time

Proficient in MS Office applications (Excel, Word, PowerPoint)

Demonstrated knowledge in area of focus

Education:
Bachelor's degree or equivalent experience in compliance, legal or other control-related function in the financial services firm, regulatory organization, or legal/consulting firm, or a combination thereof; experience in area of focus

Advanced degree a plus

Working at Citi is far more than just a job. A career with us means joining a family of more than 230,000 dedicated people from around the globe. At Citi, you'll have the opportunity to grow your career, give back to your community and make a real impact.

Take the next step in your career, apply for this role at Citi today
https://jobs.citi.com/dei

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Job Family Group:
Compliance and Control------------------------------------------------------
Job Family:
Compliance Independent Assessment------------------------------------------------------
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.

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 reviewAccessibility at Citi.

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