Internal Audit - Compliance and/or Financial Crimes - Multiple Positions and Locations
Company: Citi
Location: Flower Mound
Posted on: June 22, 2022
Job Description:
Citi's Internal Audit Division is expanding!Citi's Internal
Audit Division is a global organization of over 1700 professionals
covering Citi's global businesses and service to clients and
customers in over 180 countries. This talented team 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.We are seeking Senior Auditors (an intermediate
level role) and Audit Managers (a supervisory level role) with
knowledge and experience specific to Compliance Risk Management
principles, regulatory requirements such as OCC Heightened
Standards, and the regulatory environment of large global financial
institutions. The candidate should also have familiarity of
financial services regulations:
- Impacting retail customers clients in areas such as Regulation
W, Fair Lending, Regulation O, Flood, Servicemembers Civil Relief
Act, UDAAP; or
- Impacting institutional markets and broker dealers in areas
such as SEC and FINRA rules and regulations; or
- Financial Crime audit related positions, the applicant should
be familiar with AML/BSA regulations, OFAC, and OCC FFIEC AML
examination requirements.Senior Auditor (C12 -AVP) (NY/Irving,
TX/Charlotte, NC/ Wilmington, DE/ Tampa, FL/ Jacksonville, FL)The
Senior Auditor is responsible for performing moderately complex
audits and assessments of Citi's risk and control environments in
coordination with the Audit team. The overall objective is to apply
disciplinary knowledge and provide value-added perspectives while
assessing risks and controls, developing testing strategies and
performing audits that help Citi reach its business
goals.Responsibilities:
- Perform moderately complex audits assessing compliance with
regulations and the adequacy of compliance risk management
practices
- Assess and validate management remediation of regulatory and
audit issues
- Complete assignments within budgeted timeframes and budgeted
costs
- Monitor, assess, and recommend solutions to emerging risks
- Contribute to the development of audit processes improvements,
including the development of automated routines to help focus audit
testing
- Draft audit reports, and present issues to the business while
discussing practical cross-functional solutions
- Recommend appropriate and pragmatic solutions to risk and
control issues
- Apply understanding of internal audit standards, policies, and
local regulations to provide timely audit assurance
- Help develop internal audit staff, and provide coaching to team
members
- Challenge and assess risk when business decisions are made,
demonstrating consideration for the firm's reputation and
safeguarding Citigroup, its clients and assets.
- Assess 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.Audit
Manager (C13 - VP) (NY/Irving, TX/Charlotte, NC/ Wilmington, DE/
Tampa, FL/ Jacksonville, FL)The Audit Manager is an intermediate
level role responsible for supervising a team that is performing
complex and critical audits and assessments of Citi's risk and
control environments in coordination with the Audit team. The
overall objective is to assist in recruiting, developing, and
supervising an effective Internal Audit team, that ensures the firm
meets audit standards and regulatory expectations in partnership
with business leaders. The Audit Manager is expected to apply
subject matter expertise, provide value-added perspectives and
develop, execute, and evaluate audit plans and testing
strategies.Responsibilities:
- Develop and execute audit plans assessing compliance with
regulations and the adequacy of compliance risk management
practices
- Lead and execute the validation of regulatory and audit issue
remediation
- Oversee a small to medium sized team of Internal Audit
professionals that delivers audit reports and validate regulatory
issues, in accordance with Internal audit and regulatory
standards
- Assist in recruiting staff, developing talent, building
effective teams
- Manage audit activities for a component of a product line at
the regional or country level including a portion of the annual
audit plan
- Review and approve quarterly business monitoring activities and
serve as lead reviewer for various tasks
- Collaborate with teams across the business and determine impact
on the overall control environment and audit approach
- Advise and assists the business on change initiatives, while
advancing integrated auditing concepts and technology adoption
- Apply an in-depth understanding of Internal Audit standards and
policies
- Leverage communication skills to influence a wide range of
internal audiences including product, function, or regional
management partners
- Operate with a limited level of direct supervision
- Exercise independence of judgement and autonomy
- Acts as subject matter expert to stakeholders and other team
members -
- Challenge and assess risk when business decisions are made,
demonstrating consideration for the firm's reputation and
safeguarding Citigroup, its clients and assets.
- Assess 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
- Effectively supervise the activity of others and create
accountability with those who fail to maintain these
standards.Qualifications for both Senior Auditor and Audit Manager:
- 5-8 years of relevant experience (Senior Auditor)
- 6-10 years of relevant experience (Audit Manager)
- Related certifications (CRCM, CPA, ACA, CFA, CIA, CISA or
similar) preferred
- Effective verbal, written and negotiation skills
- Effective project management skills
- Effective influencing and relationship management skills
- For Financial Crimes roles (CAMS, GCSS, Advance CAMS Financial
Crimes Investigations, ICA International Diploma in International
Anti-Money Laundering) preferred
- Demonstrated ability to remain unbiased in a diverse working
environmentEducation for both Senior Auditor and Audit Manager:
- Bachelor's/University degree or equivalent experiencePlease
note: The Grade level you are selected for is based on your
experience and breadth and depth of knowledge.This job description
provides a high-level review of the types of work performed. Other
job-related duties may be assigned as
required.-------------------------------------------------Job
Family Group: Internal
Audit-------------------------------------------------Job
Family:Audit------------------------------------------------------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 .View the
"" poster. View the .View the .View the
-----------------------------Effective November 1, 2021, Citi
requires that all successful applicants for positions located in
the United States or Puerto Rico be fully vaccinated against
COVID-19 as a condition of employment and provide proof of such
vaccination prior to commencement of employment.
Keywords: Citi, Flower Mound , Internal Audit - Compliance and/or Financial Crimes - Multiple Positions and Locations, Accounting, Auditing , Flower Mound, Texas
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