Citibank
Compliance Product Sr Officer I (SVP) - Citi Retail Services Franchise Partners
Citibank, Schaumburg, Illinois, us, 60159
Serves as a senior
function/business/product
compliance risk officer for Independent Compliance Risk Management (ICRM) leading support for
Citi Retail Services
Franchise Partners
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 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.
Additionally, this role will manage a team of Compliance professionals .This role will provide compliance oversight of the
Citi Retail Services
Franchise Partners
areas including related strategic programs and new product development initiatives, liaising closely with stakeholders across lines of defense, including ORM, Legal, Product Managers and Operations and Technology teams.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.
Analyzing 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
Experience with Credit Card Compliance
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
Experience managing teams in similar environments
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 ControlJob Family:
Product Compliance Risk ManagementTime Type:
Full timePrimary Location:
Schaumburg Illinois United StatesPrimary Location Full Time Salary Range:
$156,160.00 - $234,240.00In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.Anticipated Posting Close Date:
Jan 03, 2025Citi 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
.
#J-18808-Ljbffr
function/business/product
compliance risk officer for Independent Compliance Risk Management (ICRM) leading support for
Citi Retail Services
Franchise Partners
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 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.
Additionally, this role will manage a team of Compliance professionals .This role will provide compliance oversight of the
Citi Retail Services
Franchise Partners
areas including related strategic programs and new product development initiatives, liaising closely with stakeholders across lines of defense, including ORM, Legal, Product Managers and Operations and Technology teams.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.
Analyzing 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
Experience with Credit Card Compliance
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
Experience managing teams in similar environments
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 ControlJob Family:
Product Compliance Risk ManagementTime Type:
Full timePrimary Location:
Schaumburg Illinois United StatesPrimary Location Full Time Salary Range:
$156,160.00 - $234,240.00In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.Anticipated Posting Close Date:
Jan 03, 2025Citi 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
.
#J-18808-Ljbffr