Senior Audit Manager - IA Compliance - Regulatory

New York
Sep 20, 2016
Sep 24, 2016
Employer Type
Direct Employer
Employment Type
Full Time
Job Board
Job Description:

* Primary Location: United States,New York,New York * Other Location: United States,Florida,Tampa; United States,Texas,Irving; United States,South Carolina,Fort Mill * Education: Bachelor's Degree * Job Function: Audit * Schedule: Full-time * Shift: Day Job * Employee Status: Regular * Travel Time: Yes, 25 % of the Time * Job ID: Description About Citi: Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Our core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of our clients. Citi's Mission and Value Proposition explains what we do and Citi Leadership Standards explain how we do it. Our mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. We strive to earn and maintain our clients' and the public's trust by constantly adhering to the highest ethical standards and making a positive impact on the communities we serve. Our Leadership Standards is a common set of skills and expected behaviors that illustrate how our employees should work every day to be successful and strengthens our ability to execute against our strategic priorities. Diversity is a key business imperative and a source of strength at Citi. We serve clients from every walk of life, every background and every origin. Our goal is to have our workforce reflect this same diversity at all levels. Citi has made it a priority to foster a culture where the best people want to work, where individuals are promoted based on merit, where we value and demand respect for others and where opportunities to develop to are widely available to all. Internal Audit is a global organization of over 1000 professionals covering Citi's global businesses and service to clients and customers in over 180 countries. Citi's Internal Audit division provides independent assessments of the company's governance, risk management and internal control environment for key stakeholders including the Board of Directors, senior management and Citi's numerous regulators globally. Internal Audit is a change agent within Citi aimed to enhance the control culture of Citigroup worldwide and thereby support senior management decision making around the globe. The Regulatory Applicability Matrix (RAM) Senior Vice President will be based in NAM and report to a Citi IA Compliance Leader. The role will assist the Citi internal audit Compliance leader to maintain processes that link audit entities, audits, and findings to laws and regulations in order to assess audit coverage of key regulatory compliance risks across the organization and enhance reporting of thematic general and institutional compliance controls issues. The role will also require periodic review of regulatory change processes and controls including the processes and controls to identify new regulatory requirements and changes to existing regulatory requirements, the operating processes, and controls. This role will participate, as appropriate, in the timely delivery of high quality, value-added assurance and audit reports for a portfolio of business activities, which meet the requirements of the Boards of Citigroup and Citibank, their affiliates, and of Citi's respective regulators, globally. Key Responsibilities: * Leads coverage and maintenance processes that link audit entities, audits, and findings to laws and regulations in order to assess audit coverage of key regulatory compliance risks across the organization and enhance reporting of thematic general and institutional compliance control issues. * Leads the effort to sustain and refresh relevant risk themes framework and taxonomy. This includes developing target operating models (TOMs) and delivering audit guides. * Leads the review process of mapping risk themes to appropriate Internal Audit functions. * Partners with Internal Audit functions and Compliance (second line of defense) to align risk taxonomies and assign audit hours against applicable risk themes and ensure adequate coverage. * Participates in the review and approval process of business monitoring quarterly summaries. * Partners with Technology team to discuss assumptions and integration of technology to build the Risk Themes Framework. * Maintains effective senior line management relationships and has a strong understanding of the businesses. * Applies in-depth understanding of the inter-relationships of business and support units throughout the corporation and the relevant impacts to the overall control environment and audit approach. * Uses excellent project management and interpersonal skills in orde