Discover your dream Career
For Recruiters

Trade and Working Capital - Product Compliance Officer (Senior Vice President) at Citi

Citi London, United Kingdom
Posted 11 days ago Hybrid Job Permanent Competitive
Serves as a senior function/business/product 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. 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, providing day-to-day Compliance advice relating to operations, financial requirements, and guidance on the supported function/business/product 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 Citi's clients, products and geographies in a succinct and clear manner; provide direction and guidance on the programs.
  • Serving as a subject matter expert on Citi's Compliance programs. Provides expert guidance on function/business/product 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 function/business/product, including cross-border impact.
  • Advising ICRM and function/business/product 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;
  • Excellent written, verbal and analytical skills
  • Must be a self-starter, flexible, innovative and adaptive;
  • Highly motivated, strong attention to detail, team oriented, organized
  • Experience in interpreting regulations, providing guidance for UK/ EU and US export control, export licenses, Anti-Boycott and Dual use goods regulations.
  • Working knowledge of Letters of Credit, Bonds, guarantees and standby credits with relevant Practices e.g., UCP 600, ISP98, URDG 758 and Export Administration Regulations. Strong knowledge of Structured trade finance transactions, Export Credit Agency finance and Asset Distribution from Compliance perspective
  • Ability to build relationships with external agencies e.g., BAFT, OAC and BIS
  • 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
  • Related certifications desirable
Education:
  • 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; strong working knowledge of function/business/product and the related operations and financial requirements; previous experience managing a diverse staff; Advanced degree 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 .

View the " EEO is the Law " poster. View the EEO is the Law Supplement .
View the EEO Policy Statement .
View the Pay Transparency Posting
Job ID  24732969
More Jobs From Citi
Citi
Compliance Product Officer - Commodities/Futures (VP) at Citi
Citi
London, United Kingdom
1 month ago Full time Competitive
Citi
SVP, AML Compliance Officer, Capital Markets
Citi
Hong Kong
22 days ago Full time Competitive
Citi
Compliance Testing Senior Analyst (AVP) at Citi
Citi
London, United Kingdom
16 days ago Full time Competitive
Citi
Global Regulatory Privacy and Data Responsibility - Compliance Product Director at Citi
Citi
London, United Kingdom
2 months ago Full time Competitive
Citi
Compliance Testing Officer (VP) at Citi
Citi
London, United Kingdom
9 days ago Full time Competitive
Citi
Compliance Testing Officer (VP) at Citi
Citi
London, United Kingdom
1 month ago Full time Competitive

Boost your career

Find thousands of job opportunities by signing up to eFinancialCareers today.
More Jobs Like This