Compl Product Sr Officer I - Global CCB Commercial Lending and US CCB ICRM Compl Product Sr Officer I - Global CCB Commercial  …

in New York, NY
Permanent, Full time
Be the first to apply
in New York, NY
Permanent, Full time
Be the first to apply
Compl Product Sr Officer I - Global CCB Commercial Lending and US CCB ICRM
Serves as a senior Citi Commercial Bank Global Lending and US 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 CCB 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.
Key activities include:
  • 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 and implement global connectivity across ICRM teams supporting CCB Commercial Bank Lending.. Provides expert guidance on Lending and Liability/Deposit based products and regulations on a real-time basis to manage compliance risk.
    • Member of the Commercial Lending Global Leadership Team.
    • CCB-US ICRM lead performing and working with CCB In-Business Control on ICG Policy Gap analysis.
  • 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 Citi Commercial Bank.
  • Analysing and scoping the impact of new and complex regulatory developments and communicating across senior Citi Commercial Bank management, including applicable cross-border impact.
  • Advising ICRM and Citi Commercial Bank and Commercial Bank Lending senior 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.

Education level
and/or relevant experience(s)
Required: 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 Commercial Lending and Banking regulations and the related operations and financial requirements
Preferred: Advanced degree (e.g. JD, MBA) a plus
Knowledge and skills
(general and technical)
  • Expertise of Compliance laws, rules, regulations, risks and typologies
  • Strong knowledge of banking and lending laws impacting Commercial Banking and related regulations including Fair Lending, Regulations B, O, W, Flood Disaster Protection Act (FDPA), SCRA, Dodd Frank, Bank Secrecy Act, and Privacy related regulations.
  • 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 ICRM partners across multiple jurisdictions and regions as well as 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
Preferred: Prior global experience
Other Requirements (licenses, certifications, specialized training, physical or mental abilities required)
Other: Relevant experience desirable

Grade :All Job Level - All Job FunctionsAll Job Level - All Job Functions - US
Time Type :
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