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