Compl Product Group Manager, SVP, Citi

Citi

Location:

Canada, Toronto

Category:

Finance

Contract Type:

Not provided

Salary:

Not provided

Save Job

Apply Position

Job Description:

Serves as a senior compliance risk manager 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 deliver 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 business and customer needs in a manner consistent with the Citi program framework.

Job Responsibility:

Chief Compliance Officer (CCO) for Citigroup Global Markets Canada Inc., (Investment Industry Regulatory Organization of Canada) IIROC broker-dealer
Manage direct report primarily responsible for trade desk surveillance program, bank prudential monitoring and product compliance advisory
State of Compliance reports to senior management: legal entity Board meeting(s), Business Risk Compliance and Control Committees (BRCC) and other relevant governance forums as required
Directing the design, development, delivery and maintenance of best-in-class Compliance, programs, policies and practices for ICRM
Translating ICRM strategy and goals across Citi’s clients, products and geographies in a succinct and clear manner
providing direction and guidance on the programs
Managing a team or multiple teams of Compliance professionals
Responsible for hiring, compensation, performance appraisals, staff development, training, etc
Providing oversight and guidance over the assessment of complex issues, structuring potential solutions and driving effective resolution with other stakeholders
Overseeing the identification and assessment of Citi’s key compliance risks
Ensuring compliance risks within Citi are effectively identified, measured, monitored, and controlled, consistent with the bank’s risk appetite statement and all policies and processes established within the risk governance framework
Monitoring adherence to Citi’s Compliance Risk Policies and measuring compliance risk through a robust control framework and ensures that reviews are conducted consistently across each entity on a regular basis to confirm that controls identified are operating effectively
Partnering, collaborating and working with other areas within Citi, as necessary
Keeping abreast of regulatory changes, new regulations and internal policy changes in order to further identify new key risk areas
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
Conducting periodic compliance risk assessments for in-scope businesses
Developing and delivering Canada specific training to front-line units
Periodic backup and support for other compliance areas

Requirements:

10+ years relevant experience
Expertise of Compliance laws, rules, regulations, risks and typologies: in particular, IIROC trade desk surveillance requirements
Excellent written, verbal and analytical skills
Must be a self-starter, flexible, innovative and adaptive
Highly motivated, strong attention to detail, team oriented, organized
Strong presentation skills with the ability to articulate complex problems and solutions through concise and clear messaging
Ability to work collaboratively with regional and global partners in other functional units
ability to navigate a complex organization
to influence and lead people across cultures at a senior level
Experience in managing regulatory exams and relationships with examiners, auditors, etc.
Awareness of regulatory requirements including local and US laws, international and industry standards
Advanced knowledge in area of focus
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
experience in area of focus
previous experience managing a diverse staff
Advanced degree preferred
Licensing and registration: Chief Compliance Officer (CCO)
Partner, Directors and Officers

Additional Information:

Job Posted:

March 21, 2025

Employment Type:

Fulltime

Work Type:

On-site work

View All Jobs In This Company

Job Link Share:

Compl Product Group Manager, SVP