Senior Vice President

Whether youxe2x80x99re at the start of your career or looking to discover your next adventure your story begins here At Citi youxe2x80x99ll have the opportunity to expand your skills and make a difference at one of the worldxe2x80x99s most global banks Wexe2x80x99re fully committed to supporting your growth and development from the start with extensive on-the-job training and exposure to senior leaders as well as more traditional learning Youxe2x80x99ll also have the chance to give back and make a positive impact where we live and work through volunteerism Shape your Career with CitiCitixe2x80x99s Global Legal Affairs and Compliance GLAC empowers and protects Citi by providing legal compliance investigative and security services to our firm We manage compliance risk provide legal analysis and advice protect Citixe2x80x99s people and businesses advocate for legal and regulatory outcomes that benefit our firm and our clients and ultimately promote behavior that is consistent with Citixe2x80x99s mission and culture Wexe2x80x99re currently looking for a high caliber professional to join our team as Senior Vice President - ICG Product Compliance Internal Job Title SVP- C14 based in Mumbai Being part of our team means that wexe2x80x99ll provide you with the resources to meet your unique needs empower you to make healthy decision and manage your financial well-being to help plan for your future For instance We believe all parents deserve time to adjust to parenthood and bond with the newest members of their families Thatxe2x80x99s why in early 2020 we began rolling out our expanded Paid Parental Leave Policy to include Citi employees around the world We empower our employees to manage their financial well-being and help them plan for the future We have a variety of programs that help employees balance their work and life including generous paid time off packages Serves 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 In this role youxe2x80x99re expected to Providing guidance on rules and regulations master directions relating to FEMA Loans Advances Trade Finance Cash Management Liquidity transactions Payment Aggregators as well as provide transactional approvals and interpretation of internal compliance policies Assisting with regulatory inquiries and or examinations This may include coordination with regulators and other parties Supporting the function business product in performing timely compliance reviews of new products Researching any new reform rules and rule changes and implementing policies procedures or other controls necessary to comply with the rules Designing developing delivering and maintaining best-in-class Compliance programs policies and practices for ICRM Translates ICRM strategy and goals across Citixe2x80x99s clients products and geographies in a succinct and clear manner provide direction and guidance on the programs 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 Citixe2x80x99s 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 Analysing 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 as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards As a successful candidate youxe2x80x99d ideally have the following skills and exposure Bachelorxe2x80x99s 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 Knowledge of Compliance laws rules regulations risks FEMA and related regulations as mentioned above Working at Citi is far more than just a job A career with us means joining a family of more than 230 000 dedicated people from around the globe At Citi youxe2x80x99ll have the opportunity to grow your career give back to your community and make a real impact Take the next step in your career apply for this role at Citi today Job Family Group ComplianceJob Family Product Compliance Risk ManagementTime Type Full timeCiti 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 Citixe2x80x9d 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 View the poster View the View the View the Citigroup