Assistant Compliance Officer

Citigroup's story is well known - the first financial services company in the United States to bring together banking, insurance, investments and e-commerce, under one-umbrella. Our major brands are Citibank, CitiFinancial, Primerica, and Salomon Smith Barney. Citigroup's 270,000 employees manage 190 million customer accounts across more than 100 countries. As one of the largest financial services companies in the world, Citigroup is diverse and expansive - globally, ethnically and intellectually. We are proud to be recognized as one of the 100 Best Companies for Working Mothers (Working Mother Magazine) and one of the top US Companies for Asians, Blacks and Hispanics (Fortune Magazine). Citigroup is a company for people who want to make a difference, and who thrive in an environment of change, challenge and competition. Citigroup is an Equal Opportunity Employer M/F/D/V.



PRINCIPAL RESPONSIBILITIES:


 


Assist the Business Information Security Officer (BISO) to provide adherence to Corporate Information Technology Management Policy (CITMP), Information Security Policy, Information Security Standards and Information Security Guidelines components alone and in conjunction with Risk and Control Self Assessment (RCSA) requirements. 


Conducting quarterly RCSA planning and testing.  Documenting results of such testing and managing the resulting Corrective actions to completion.  Must be able to interact directly with all other teams within AML Operations as well as upper management.


Must comprehend, interpret and implement Operational Risk Policy components alone and in conjunction with RCSA requirements including the gathering of Operational Risk data from RCSA and reporting up to management in the various formats; monitoring operational risk deficiencies and related trends for reporting, containment and corrective action.


 Supports the maintenance of Continuity of Business (CoB) plan in compliance with the Continuity of Business Policy.  Will assist the unit CoB coordinator with such duties that include but are not limited to call tree maintenance and testing; coordination and participation of annual CoB site and application testing;


Assists in the comprehension, interpretation, and implementation of Continuity of Business Policy components alone and in conjunction with RCSA requirements.


Performs duties related to adherence to Record Retention Policy, which include the ability to comprehend, interpret and implement Record Retention Policy components alone, and in conjunction with RCSA requirements.


Assist in the comprehension, interpretation and implementation of the Global Fraud Management Policy components alone and in conjunction with RCSA requirements.


Must have the ability to find, obtain, consolidate, comprehend, interpret and implement directives and governmental regulation and their applicable action items to the current operating environment.  Respond to changes in the business or compliance/regulatory environment to minimize business impact.


Assists in the comprehension, interpretation, and implementation of SOX404 (Sarbannes-Oxley Act) requirements, Bank Secrecy Act (BSA) requirements, Patriot Act requirements, etc.


Raise and resolve issues that require business attention to compliance;


Assist during internal audit reviews and governmental regulatory reviews by gathering documentation or accurately representing facts to auditors when interviewed. 


Will be an advocate for the business point of view in all matters relating to compliance.


 


PROCESSING JOB RESPONSIBILITIES:


 


Work assignments are received from the Compliance Officer and/or the Finance and Risk Control Manager.  Incoming and outgoing work is reviewed as deemed appropriate depending on the complexity and sensitivity of the task.  This position maintains autonomous decision making authority to make modification to the workflow as long as deliverable time frames are met and only regarding workflow.


 



KNOWLEDGE, SKILLS, AND/OR ABILITIES:


 


Prefer AML/BSA understanding.


Strong analytical skills and administrative skills required.  Attention to detail necessary.


Can anticipate and respond to internal customer needs; Can follow through and complete requests on time.  Excellent organizational skills, ability to multitask and demonstrate flexibility.


Excellent written and verbal communication skills.


Excellent corporate work ethics (timely, respectful and considerate to co-workers, honest.)


Can demonstrate initiative and creativity in problem-solving; Self motivated/self-starter, can take initiative, can work independently without supervision and can step in to support other team members initiatives; Can work well under pressure; Can develop strong relationships with subordinates, peers, and senior managers; Can demonstrates commitment and accountability.


Intermediate Microsoft Suite knowledge.