Serves as Senior Markets 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 Business, Operations and Function coverage teams, to act in partnership to develop and apply CRM program solutions that meet the needs of the Markets business in a manner consistent with the Citi program framework. Primary responsibilities include monitoring Compliance risk behaviors and providing day-to-day Lead Compliance advice relating to Equites, Futures front and back areas within Markets. The role will also act as the Senior ICRM support to the broader Markets ICRM team and provide Markets ICRM Head senior support across the Markets franchise.
Responsibilities:
- 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.
- Serving as a subject matter expert on Citi’s Compliance programs. Provides expert guidance on Equites and Futures 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 Equites and Futures business
- Analysing and scoping the impact of new and complex regulatory developments across Equites and Futures business, including cross-border impact.
- Advising Equities, Futures 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.
- Managing and building relationships with regulators primarily ASIC, ASX and CBOE.
- 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.
Qualifications:
- High level Knowledge of Compliance laws, rules, regulations, risks and typologies in Australian Markets.
- Proven extensive experience and expertise working in Equities, Futures Compliance roles.
- Expert Knowledge of ASX 24 Operating, Clearing rules and ASIC Market Integrity rules is required. Experience understanding and applying ASIC Corporations Act.
- 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
- Related certifications desirable
Education:
- 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 Equites, Futures and the related operations and financial requirements; previous experience managing a diverse staff; Advanced degree a plus
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Job Family Group:
Compliance------------------------------------------------------
Job Family:
Business Compliance Risk Management------------------------------------------------------
Time Type:
Full time------------------------------------------------------
Most Relevant Skills
Business Acumen, Credible Challenge, Laws and Regulations, Management Reporting, Policy and Procedure, Program Management, Referral and Escalation, Risk Controls and Monitors, Risk Identification and Assessment, Risk Remediation.------------------------------------------------------
Other Relevant Skills
For complementary skills, please see above and/or contact the recruiter.------------------------------------------------------
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