Compliance Product Officer Citi Retail Services Vice President

Compliance Product Officer Citi Retail Services Vice President

Working at Citi is far more than just a job. A career with us means joining a team of more than 230,000 dedicated people from around the globe. At Citi, you'll have the opportunity to grow your career, give back to your community, and make a real impact.

Job Overview

Serves as a function / business / product compliance risk officer for Independent Compliance Risk Management (ICRM) to support the Citi Retail Services (CRS) organization 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, 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 and providing day-to-day Compliance advice relating to the supported function / business / product and guidance on function / business / product rules / laws and interpretation on internal policies and procedures.

This role will provide compliance oversight of CRS Lending and Connected Commerce activities, including related strategic programs and new product development initiatives, liaising closely with stakeholders across lines of defense, including ORM, Legal, Product Managers and Operations and Technology teams.

Responsibilities

• Assisting in the design, development, delivery, and maintenance of best-in-class Compliance programs, policies, and practices for ICRM.
• Providing guidance on rules and regulations relating to function / business / product operational issues, 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.
• 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 function / business / product.
• Supporting the function / business / product in performing timely compliance reviews of new products.
• Assisting in the development and administration of Compliance training for the supported function / business / product.
• Researching any new reform rules and rule changes and implementing policies, procedures, or other controls necessary to comply with the rules.
• 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.

Qualifications

Education