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Finance Regulatory Engagement Lead- C15

Company: Citi
Location: Dumont
Posted on: January 27, 2023

Job Description:

The Finance Regulatory Engagement and Oversite Office works closely with stakeholders to drive and execute end-to-end regulatory engagement and deliverables across Citi Finance activities, which span global Finance groups, Finance functions, infrastructure partners in EIO&T and business partners in ICG and GCB. -Lead Citi Finance's global regulatory agenda by engaging with both external regulators and internal partners across the firm to lead engagements, identify priorities, strategically coordinate efforts and track progress, while defining and implementing best practices. - -Regulatory Engagement and Relationship Management Responsibilities:

  • Centrally coordinate Citi Finance's global regulatory agenda to manage on-site exam, ad-hoc meetings, and requests for information
  • Set standards for the management of Citi Finance's regulatory interactions, including exam management, regulatory meetings and requests for information
  • Provide guidance, and in collaboration with key stakeholders, drive consistent messaging and communications to regulatory supervisors
  • Provide governance and oversight of Citi Finance's regulatory landscape (meetings, exams, and key deliverables), to ensure coverage and adherence to standards for regulatory interactions
  • Build relationships and align to Citi Finance functions to serve as a single point of contact (SPOC) and provide leadership to partners across Citi to address regulatory actions
  • Serve as escalation point for partners on regulatory related matters and/or deliverables, and provide support to challenge and provide guidance to align to regulatory expectations
  • Provide leadership to our key stakeholders in the writing of regulatory responses and updates, and in coordinating regulatory responses (to ad hoc inquiries)
  • Centrally manage regulatory engagement lifecycle from entry letter to remediation and issue closure
  • Provide clear, concise and balanced updates to senior forums and Citi internal governance committees, on Citi Finance's regulatory commitments and engagements
  • Coordinate across Citi Finance functions to develop cohesive and comprehensive responses to regulatory inquiries, on a timely basisProcess and Controls
    • Develop and implement best practices, and controls to manage Citi Finance's regulatory deliverables, includes regulatory meetings, submissions, commitments, etc.
    • Identify opportunities for synergy, overlap, or ability to leverage efforts between various regulatory commitments; and drive process improvements (on regulatory engagements)
    • Maintain comprehensive inventory of all supervisory issues, and provide oversight and tracking of commitments to ensure consistent and timely resolution of deliverables
    • Provide oversight of execution efforts related to regulatory initiatives, and actively monitor change control, actions, risks, issues, and dependencies
    • Develop MIS reporting to provide meaningful updates and highlight potential risks with regulatory deliverables, including milestones, supervisory findings (MRAs, MRIAs), etc.
    • Provide oversight on the correlation of -transformation initiatives to Finance regulatory commitments, and leverage to enhance Finance's regulatory interactions
    • Drive ongoing consistency and alignment to enterprise regulatory engagement standards, and coordinate deliverables across Finance business functions
    • Define enhanced processes and controls for the entry and maintenance of all regulatory interactions into Citi's centralized regulatory inventory (i.e. Regulatory Engagements Tracking (RET))
    • Build out centralized resources on regulatory engagements within Citi Finance, e.g. to provide access to standards, templates, prior regulatory communications, meeting minutes, etcExperience & Qualifications
      • Bachelor degree in Finance, Legal, or related fields; advanced degree is a plus.
      • 12+ years of experience in one or more of Finance, Risk, or Management Consultant
      • Proven leadership in managing staff and leading senior working groups
      • Excellent communication and interpersonal skills, with the ability to engage with a wide variety of people across functions / seniority
      • Demonstrated knowledge and expertise in written responses to regulators such as on MRA, MRIA, exam findings or other actions is a plus
      • Strong experience in driving governance and controls
      • Understanding and application of project management methodologies across delivery life cycle
      • Extremely proficient in MS Excel, PowerPoint, and Word; database knowledge is a plus
      • Must take ownership and execute on deliverables.
      • Team player possessing an ability to work well with others in a fast-paced, high-energy environment, with demonstrated ability to work effectively across business units / functions to deliver results
      • High energy, self-starter with a flexible and pragmatic attitude and a desire to show continued progressCompetencies
        • Resilient, self-aware, humble, and execution focused
        • Delivery focused with ability to prioritize multiple assignments and requests, and meet tight deadlines
        • Demonstrate thought leadership, innovation, good judgement and problem-solving skills
        • Adept at synthesizing large amounts of information and providing concise messaging
        • Confidence and ability to structure, summarize, present project status as well as defend recommendations and outcomes
        • Assertive with excellent relationship building and stakeholder management skills
        • Motivated, self-starting - able to initiate projects ensuring appropriate sponsorship, governance, funding and resources are available
        • Works well under pressure and always with a professional demeanor
        • Communicate effectively across all levels of the organization, with ability to influence and challenge key decision makers, peer groups, internal service providers and functions outside direct control
        • Agile and flexible - able to determine and resolve project slippage, scope changes, and prioritize deliverables to ensure critical milestones are met continued progress-------------------------------------------------Job Family Group: Finance-------------------------------------------------Job Family:Fin Solutions Dsgn & Implement------------------------------------------------------Time Type:Full time------------------------------------------------------Primary Location:New York New York United States------------------------------------------------------Primary Location Salary Range:$170,000.00 - $300,000.00------------------------------------------------------Citi is an equal opportunity and affirmative action employer.Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.Citigroup Inc. and its subsidiaries ("Citi") invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.View the "EEO is the Law" poster. View the EEO is the Law Supplement.View the EEO Policy Statement.View the Pay Transparency Posting-----------------------------Effective November 1, 2021, Citi requires that all successful applicants for positions located in the United States or Puerto Rico be fully vaccinated against COVID-19 as a condition of employment and provide proof of such vaccination prior to commencement of employment.

Keywords: Citi, Yonkers , Finance Regulatory Engagement Lead- C15, Accounting, Auditing , Dumont, New York

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