- Primary Location: United Kingdom,England,London
- Education: None
- Job Function: Compliance and Control
- Schedule: Full-time
- Shift: Day Job
- Employee Status: Regular
- Travel Time: No
- Job ID: 18074075
Description
Serves as a senior EMEA Prime Finance, Delta1 and Agency Lending compliance risk officer 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 EMEA Prime Finance, Delta1 and Agency Lending 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 EMEA Prime Finance, Delta1 and Agency Lending businesses and the associated regulatory rules/laws and interpretation on internal policies and procedures.
Key activities include:
- Designing, developing, delivering and maintaining best-in-class Compliance, programs, policies and practices for ICRM. Translates ICRM strategy and goals across Citi's clients, products and geographies in a succinct and clear manner; provide direction and guidance on the programs.
- Provision of face to face training on relevant policies and regulations
- Serving as a subject matter expert on Citi's Compliance programs. Provides expert guidance on EMEA Prime Finance, Delta1 and Agency Lending regulations on a real-time basis to manage compliance risk.
- ICRM advice to the business on compliance risks, policies and controls relating to Prime Finance and Delta1 activities, including Prime Brokerage, synthetic financing, stock borrow/loan and ETFs
- 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 EMEA Prime Finance, Delta1 and Agency Lending businesses.
- Analysing and scoping the impact of new and complex regulatory developments across EMEA Prime Finance, Delta1 and Agency Lending, including cross-border impact.
- Advising ICRM and EMEA Prime Finance, Delta1 and Agency Lending 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.
Qualifications
Education level and/or relevant experience(s):
Required:
- 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; experience in area of focus; strong working knowledge of EMEA Prime Finance, Delta1 and Agency Lending and the related operations and financial requirements
Preferred:
- Advanced degree (e.g. JD, MBA) a plus
Knowledge and skills:
Required:
- Expertise of Compliance laws, rules, regulations, risks and typologies
- Excellent written, verbal and analytical skills
- Must be a self-starter, flexible, innovative and adaptive
- Highly motivated, strong attention to detail, team oriented, organized
- Strong presentation skills with the ability to articulate complex problems and solutions through concise and clear messaging
- Ability to work collaboratively with regional and global partners in other functional units; ability to navigate a complex organization; to influence and lead people across cultures at a senior level
- Experience in managing regulatory exams and relationships with examiners, auditors, etc.
- Awareness of regulatory requirements including local and US laws, international and industry standard
- Advanced knowledge in area of focus;
- Understanding and experience of Prime Finance/Prime Brokerage business and controls, including Swap financing and stock borrow/loan activities
Other:
- Relevant experience desirable
Exceptional candidates who do not meet these criteria may be considered for the role provided they have the necessary skills and experience.
Valuing Diversity:
Demonstrates an appreciation of a diverse workforce. Appreciates differences in style or perspective and uses differences to add value to decisions or actions and organisational success.
Citi is an Equal Opportunities Employer |
