10 days old

Compliance Product Sr Officer I - Offshore Wealth Services / Global Client Services

Citigroup
New York, NY 10176
Serves as a Global Wealth Management (GWM) / Citi Private Bank (CPB) senior compliance risk officer 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 protect the franchise. Primarily responsible for identifying, assessing and actioning compliance risks related to cross-border wealth activities subject to the requirements of the Offshore Wealth Services (OWS) policy an applicable local regulations. In addition, engages with the ICRM product and function coverage teams, in order to partner to develop and apply CRM program solutions that meet GWM / CPB Global Client Services and customer needs in a manner consistent with the Citi program framework. Primary responsibilities include monitoring compliance risk behaviors, providing day-to-day Compliance advice relating to operations, financial requirements, and guidance on the GWM / CPB Global Client Services business and the associated regulatory rules/laws and interpretation on internal policies and procedures.


**Responsibilities:**


+ Designing, developing, delivering and maintaining best-in-class Compliance, programs, policies and practices for ICRM. Translates ICRM strategy and goals across Citis clients, products and geographies in a succinct and clear manner; provide direction and guidance on the programs.

+ Coordinating and administering Citis Offshore Wealth Services Policy requirements across Global Wealth Management businesses and segments

+ Serving as a subject matter expert on Citis Compliance programs. Provides expert guidance on Global Wealth / Global Client Services regulations on a real-time basis to manage compliance risk.

+ Staying abreast of relevant changes to rules/regulations and other industry news including regulatory findings.

+ Overseeing the monitoring and identification of regulatory developments, including enforcement actions, and new laws, regulations, rules, and interpretations or guidance relating to the supported function/business/product.

+ Analysing and scoping the impact of new and complex regulatory developments across senior GWM / CPB, including cross-border impact.

+ Advising ICRM and GWM / CPB management and personnel on regulatory and compliance issues and provide credible challenge.

+ Participating in industry groups and trade association working groups or other forums.

+ Leading initiatives and managing high-impact special project work streams with a results-driven focus to deliver solutions, including coordinating the implementation of new regulatory requirements.

+ Managing strategy and responses to regulatory examinations, reviews and inquiries and internal and external investigations, as well as testing and audit.

+ Designing and lead compliance and control reviews.

+ Partnering with other ICRM teams and global functions, including Legal, Risk, Operations and Technology, and Finance to prevent and detect non-compliance issues and promote a culture of compliance.

+ 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:**


+ Expertise of Compliance laws, rules, regulations, risks and typologies

+ 10 years of experience in compliance, legal or other control-related function in the financial services firm, regulatory organization, or legal/consulting firm, or a combination thereof preferred

+ 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 standard

+ Advanced knowledge in area of focus

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


**Education:**


+ Bachelors 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; strong working knowledge of Wealth Management sales and service activities (particularly cross-border offering of wealth services) and the related operations and financial requirements.


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**Job Family Group:**


Compliance and Control

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**Job Family:**


Product Compliance Risk Management

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**Time Type:**


Full time

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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)


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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

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Compliance Product Sr Officer I - Offshore Wealth Services / Global Client Services

Citigroup
New York, NY 10176

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