Compliance Testing Officer, Citi

Citi

Location:

United Kingdom, Belfast

Category:

Finance

Contract Type:

Not provided

Salary:

Not provided

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Job Description:

Serves as a Compliance Testing 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.

Job Responsibility:

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

Requirements:

Several 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
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

What we offer:

Generous holiday allowance starting at 27 days plus bank holidays
increasing with tenure
A discretional annual performance related bonus
Private medical insurance packages to suit your personal circumstances
Employee Assistance Program
Pension Plan
Paid Parental Leave
Special discounts for employees, family, and friends
Access to an array of learning and development resources

Additional Information:

Job Posted:

March 22, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

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Compliance Testing Officer