14 days old

Compliance Product Officer Insurance and Annuities

Citigroup
Fort Lauderdale, FL 33313
Serves as a Citi U.S. Retail Wealth Management compliance risk officer for Independent Compliance Risk Management (ICRM) covering insurance (life and health) and annuities products (including both fixed and variable products), responsible for assisting with 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 protect 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 the function/business/product and customer needs in a manner consistent with the Citi program framework. Primary responsibilities include monitoring compliance risk behaviors and providing day-to-day Compliance advice relating to Citi U.S. Retail Wealth Management and guidance on function/business/product rules/laws and interpretation on internal policies and procedures, specific to insurance and annuities.


Key activities include:


+ Assisting in the design, development, delivery and maintenance of best-in-class Compliance, programs, policies and practices for ICRM.

+ Providing guidance on rules and regulations relating to function/business/product operational issues, as well as, interpretation of internal compliance policies.

+ Assisting with regulatory inquiries and/or examinations.

+ Collaborating with other internal areas including: Legal, Business Management, Operations, Technology, Finance, other Control Functions, and In-Business Risk to address compliance issues which may impact the supported function/business/product.

+ Advising ICRM and function/business/ personnel on compliance issues and provide credible challenge.

+ Supporting the function/business/product in performing timely compliance reviews of new products.

+ Assisting in the development and administration of Compliance training for the supported function/business/product.

+ Researching any new rules and rule changes and implementing policies, procedures or other controls necessary to comply with the rules.

+ Participate in the development and execution of a strong and consistent ICRM risk-based monitoring program for activities conducted by Citi U.S. Retail Wealth Management.

+ Preparing, editing and maintaining Compliance program related materials such as the creation of Management Information and regular reporting of monitoring results to ICRM and the Business.

+ Additional duties as assigned.


**Qualifications:**


+ Knowledge of insurance and annuities-related Compliance laws, rules, regulations, risks and typologies, focused on life and health insurance, and both fixed and variable life insurance and annuities.

+ 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

+ Strong written and verbal communication and interpersonal skills

+ Ability to both work collaboratively and independently; ability to navigate a complex 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

+ Related certifications desirable


**Education:**


+ Bachelors degree; experience in insurance and annuity compliance, legal or other control-related function in the financial services firm, in-business control role, regulatory organization, or legal/consulting firm, or a combination thereof; strong working knowledge of function/business/product supported and the related operations and financial requirements

+ MBA or JD a plus


-------------------------------------------------


**Job Family Group:**


Compliance and Control

-------------------------------------------------


**Job Family:**


Product Compliance Risk Management

------------------------------------------------------


**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 review **Accessibility at Citi (https://www.citigroup.com/citi/accessibility/application-accessibility.htm)** .


View the "EEO is the Law (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf) " poster. View the EEO is the Law Supplement (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/OFCCP\_EEO\_Supplement\_Final\_JRF\_QA\_508c.pdf) .


View the EEO Policy Statement (http://citi.com/citi/diversity/assets/pdf/eeo\_aa\_policy.pdf) .


View the Pay Transparency Posting (https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp\_%20English\_formattedESQA508c.pdf)


-----------------------------


Effective November 1, 2021, Citi requires that all successful applicants for positions located in the United States or Puerto Rico be fully vaccinated against COVID-19 as a condition of employment and provide proof of such vaccination prior to commencement of employment.
Citi is an equal opportunity and affirmative action employer.
Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.

Categories

Posted: 2022-05-13 Expires: 2022-06-12

Before you go...

Our free job seeker tools include alerts for new jobs, saving your favorites, optimized job matching, and more! Just enter your email below.

Share this job:

Compliance Product Officer Insurance and Annuities

Citigroup
Fort Lauderdale, FL 33313

Join us to start saving your Favorite Jobs!

Sign In Create Account
Powered ByCareerCast