Job Description
The Audit Director is a senior level management position responsible for contributing to the strategic direction of Citi’s Internal Audit (IA) function, in coordination with the Audit team. This role is also responsible for managing multiple teams of professionals. The overall objective of this role is to direct audit activities that support a subset of a product line, function, or legal entity at the global or regional level, in accordance with IA standards, Citi policies, and local regulations.
As the Audit Director of Regulatory Issue Validations, the individual will be responsible for the developments and implementation of regulatory issue validation coverage supporting activities across the first and the second lines of defense and specifically focusing in Compliance Risk Management (ICRM) space. The individual is expected to work in close collaboration with all IA teams and to leverage the product/functional expertise of the global IA team while providing Risk related subject matter expertise to ensure seamless delivery of the IA plan.
Responsibilities:
Leads a global team of auditors to provide timely and complete assurance over the US Regulatory Issue Validations
Responsible for planning of audit coverage and delivery of high quality, value-added Regulatory Issue Validations in accordance with audit methodology
Leads validations owned by ICRM and coordinates models subject matter expertise for all other audit teams.
Proactively manages IA’s relationship with multiple internal and external stakeholders, including senior risk and business executives, and government regulators.
Uses communication and leadership skills to influence a wide range of senior internal and external audiences; provides impactful, valuable and ongoing IA input through active interactions with stakeholders and formal participation at key committees and management initiatives
Possesses, through direct hands-on experience, a strong understanding of Audit and Compliance; maintains an understanding of key relevant regulations, current business practices and industry trends.
Supports and endorses the Quality Assurance (QA) function of IA, and resolve issues found by QA, improving audit processes and coverage
Ensures the adoption of Citigroup and Citibank Audit Committee Charters and the IA Charter, and engages in internal/external negotiations
Oversees various tasks to build the audit team, including recruiting staff, developing and training the team, and managing the budget
Appropriately assesses 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:
15+ years of experience in a related role
Compliance Risk Management experience in second or third line of defense is preferred
Demonstrated success in business, functional and people management
Consistently demonstrates clear and concise written and verbal communication
Demonstrated ability to remain unbiased in a diverse working environment
Effective negotiation skills
Education:
Bachelor’s degree/University degree or equivalent experience
Master’s degree preferred
Job Family Group:
Internal Audit
Job Family:
Audit
Time Type:
Full time
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