1+ months

Compl Product Group Manager - Advisory & Reg Change Lead

Citigroup
London, OH 43140
This role sits within the Compliance advisory function (ICRM) of the Personal Banking and Wealth Management business of Citi. The role serves as the lead of the Compliance advisory team reporting into the Head of Compliance for Citibank UK Limited. The individual will serve as a senior function/business/product compliance risk manager 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:


+ Advising the business on regulatory requirements pertaining to banking and investment products and services.

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

+ Staying abreast of relevant changes to rules/regulations and other industry news including regulatory findings and serve as a subject matter expert on regulatory projects for implementing regulatory changes.

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

+ Serve as a delegate to the Head of Compliance at various governance forums and committees.

+ Managing a team or multiple teams of Compliance professionals. Responsible for hiring, compensation, performance appraisals, staff development, training, etc.

+ Serving as a subject matter expert on Citis Compliance programs. Provides expert guidance on function/business/product regulations on a real-time basis to manage compliance risk.

+ 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.

+ 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.

+ 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.

+ 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.

+ 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 behaviour, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.


Qualifications:


+ Expertise of ComplianceUK/EU regulations, laws, rules, regulations, risks and typologies especially COBS, BCOBS ,PSD II and MIFID II;

+ Prior experience of working in a Wealth management firm, Private Bank or Asset management firm on the distribution side.

+ Team management experience is preferable but not mandatory.

+ 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


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 function/business/product and the related operations and financial requirements


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


**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)
Citi is an equal opportunity and affirmative action employer.
Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.

Categories

Posted: 2022-05-23 Expires: 2022-07-18

Employment Trends

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:

Compl Product Group Manager - Advisory & Reg Change Lead

Citigroup
London, OH 43140

Join us to start saving your Favorite Jobs!

Sign In Create Account
Powered ByCareerCast