VP, Compl Product Officer - SMB Central Operations/ Loans (New York)

Serves as a Services, Markets, Banking (“SMB”) Central Operations compliance officer for Independent Compliance Risk Management (ICRM) responsible for assisting with 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 partner to develop and apply CRM program solutions that meet the SMB Central Operations and customer needs in a manner consistent with the Citi program framework.
Primary responsibilities include monitoring compliance risk behaviors and providing day-to-day Compliance advice relating to the supported of SMB Central Operations business and guidance on rules/laws and interpretation on internal policies and procedures.
Responsibilities: Partnering closely with SMB Central Operations Businesses, Product Compliance, Surveillance and PTOA teams to ensure appropriate central coverage of operations functions (including enterprise-wide implementations).
Assisting in the design, development, delivery and maintenance of best-in-class Compliance, programs, policies and practices for SMB Central ICRM program deliverables and milestones.
Providing guidance on rules and regulations relating to SMB Central Operations operational issues, as well as provide transactional approvals and interpretation of internal compliance policies.
Collaborating with other internal areas including: Legal, Business Management, Operations, Technology, Finance, other Control Functions, and In-Business Risk to address compliance issues which may impact the supported SMB Central Operations.
Performing timely compliance risk assessments related to SMB Central Operations, regulatory change management and mapping duties.
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.
Developing and implementing strategies to ensure adherence to regulatory requirements, including monitoring, reporting, and updating policies and procedures as needed.
Additional responsibilities to include assisting Loans Operations area with risk assessment, regulatory change management and compliance with rules and regulations, and other ad hoc initiatives.
Researching any new rules and rule changes and implementing policies, procedures or other controls necessary to comply with the rules.
Assisting with regulatory inquiries and/or examinations.
This may include coordination with regulators and other parties.
Assisting in the development and administration of Compliance training.
Additional duties as assigned.
Qualifications: Knowledge of Compliance laws, rules, regulations, risks and typologies Must be a self-starter, flexible, innovative and adaptive.
Strong interpersonal skills with the ability to work collaboratively and with people at all levels of the organization.
Strong written and verbal communication and interpersonal skills.
Ability to both work collaboratively and independently; ability to navigate a complex organization Advanced analytical skills Ability to both work independently and collaborate with team members Excellent project management and organizational skills and capability to handle multiple projects at one time.
Proficient in MS Office applications (Excel, Word, PowerPoint) Demonstrated knowledge in area of focus.
Relevant 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; strong working knowledge of function/business/product supported and the related operations and financial requirements; Advanced degree preferred.
- Job Family Group: Compliance and Control - Job Family: Product Compliance Risk Management - Time Type: Full time - Primary Location: New York New York United States - Primary Location Full Time Salary Range: $142,320.
00 - $213,480.
00 In 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: May 26, 2024 - 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.
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