Internal Audit is a global organization of over 1000 professionals covering Citi's global businesses and service to clients and customers in over 180 countries. Citi's Internal Audit division 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.
This role directs the timely delivery of complex high quality,
value added assurance and audit reports for a portfolio of business activities, which meet the requirements of the Boards of Citigroup and Citibank, their affiliates and of Citi’s respective regulators, globally.
This role will contribute to the scoping and execution of Regulatory Compliance audit coverage, for Asia Regional Compliance and AML Compliance COE team, in accordance with established IA methodology and professional auditing standards, legal entity governance reporting, and other regulatory AML and compliance audits. The position will be based in Mumbai, India and will report directly into the C14 Audit Senior Vice President – ICG Compliance. The position will provide IA’s Compliance CoE team to ensure the provision of independent assurance which is consistent and aligned with the global Internal Audit strategies and Institutional and Consumer Clients business objectives. Specifically, this will cover all aspects of AML, Institutional Compliance aspects of Capital Markets Origination, Corporate & Investment Banking, Markets, Treasury & Trade Solutions, Securities & Fund Services, and the Citi Private Bank. A key aspect of this will be covering the hubs and Business Services supporting APAC countries as outsourcing hubs.
Develops and executes a robust Audit Plan, by reviewable entity, for assigned businesses in accordance with Internal Audit standards, relevant government statutes and regulations and Citigroup and Citibank policies.
Delivers on time high quality audit reports, Internal Audit and Regulatory issue validation and (where appropriate, branch examinations, as well as business monitoring and governance committee reporting.
Manages audit activities for a component of a product line, function, or legal entity at the regional or country level including a portion of the Audit Plan.
Applies in-depth level of expertise in one or more of the corporation's businesses and leverages this knowledge into a leadership role in one or more teams.
Proactively advances integrated auditing concepts and use of technology.
Manages a complex and critical unit within Internal Audit, including a small to medium sized team of Internal Audit professionals. Recruits staff, develops talent, builds effective teams, and manages a budget. Possesses a broad and comprehensive understanding of different Internal Audit standards, policies and local regulations; applies a broad and comprehensive knowledge of high risk areas including: AML Compliance and regulatory compliance.
Leads the professional development of Internal Audit staff.
Develops effective senior line management relationships and has a strong understanding of the businesses.
Applies an in-depth understanding of the inter-relationships of business and support units throughout the corporation and how they impact the overall control environment and the audit approach.
Uses excellent communication skills in order to influence a wide range of internal audiences including respective product, function, or regional executive management partners. May negotiate internally often at higher levels on matters which will have a major impact on the area managed.
Demonstrates strong judgment, political astuteness, and sensitivity to cultural diversity.
Possesses strong project management and interpersonal skills, makes sound decisions, exhibits initiative and intuitive thinking. Consulted often by others for advice and opinions and recognized as a leadership role model.
Participates in major business initiatives and pro-actively advises and assists the business on change initiatives.
Frequently involved in matters that require complex judgments and solutions based on sophisticated analytical thought such as identifying solutions for a variety of complex and novel audit control issues.
Analyzes report findings; recommends appropriate interventions where needed.
Proposes creative and pragmatic solutions for risk and control problems.
Serves as lead reviewer for all types of reviews.
Reviews and approves Business Monitoring Quarterly Summaries.
Performs moderately complex audits related to AML Compliance across ICG and GCG Banking, technology management; project/program management; or supplier management in accordance with corporate methodologies and professional standards, including drafting of audit reports, presenting issues to the business and discussing practical solutions.
Qualifications and Competencies
BS/BA degree or equivalent combination of education/experience.
Intermediate level experience in a related role with experience in business, functional and people management, with proven abilities in taking responsibility for issuing to stakeholders’ high quality deliverables according to strict timelines.
The candidate should have strong functional knowledge of local regulatory compliance programs that have been established to comply with the local regulatory requirements, Citi policies and procedures, provisions and guidelines established by regulators. The candidate must have working knowledge of regulatory requirements and the related risks and controls and demonstrate the ability to work with senior management and lead audit team execution.
Effective negotiation skills, a proactive and 'no surprises' approach in communicating issues and strength in sustaining independent views. This individual must be an articulate and effective communicator, both orally and in writing, with an energetic, charismatic and approachable style.
Strong interpersonal skills for interfacing with all levels of internal and external audit and management.
Grade :All Job Level - All Job FunctionsAll Job Level - All Job Functions - IN
Time Type :Full time
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