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Full-Time

Central Review Unit Supervisory Principal

Confirmed live in the last 24 hours

Citigroup

Citigroup

10,001+ employees

Global financial services and banking solutions

Fintech
Financial Services

Compensation Overview

$114.7k - $172.1kAnnually

+ Incentive Awards + Retention Awards

Senior

Los Angeles, CA, USA + 4 more

More locations: San Antonio, TX, USA | Florence, KY, USA | Jacksonville, FL, USA | Irving, TX, USA

Primary location is Irving, Texas.

Category
Risk Management
Finance & Banking
Required Skills
Salesforce
Requirements
  • Relevant 6-10 years of supervisory experience in the financial industry; compliance or other risk management experience helpful
  • Knowledge of Bank and broker-dealer business, regulatory requirements and related policy.
  • Ability to work independently, execute on agreed upon timelines and work under pressure
  • Ability integrating and balancing diverse priorities
  • Strong networking, influencing and negotiating skills
  • Excellent written and verbal communication skills
  • Strong organizational and time management skills
  • Proactive and Resourceful
  • Excellent communication skills (oral and written) in English. Bilingual language skills a plus
  • Excellent interpersonal and diplomacy skills
  • Ability to see the big picture with high attention to critical details
  • Proficiency in MS Office (Word, Excel, PowerPoint, Outlook), Pershing NetX360, Actimize Surveillance, Salesforce and other related business applications preferred
  • Knowledge of FINRA, SEC and State Rules and Regulations
  • Knowledge and expertise in investment product, with expertise in insurance and annuities (both domestic and offshore)
  • Experience as a supervisor with a bank-based or independent brokerage model a plus
  • US Registered FINRA Series 7, 63 (or 66), 24 (or 9/10)
  • Group 1 Insurance required - a qualified candidate maybe considered if willing to obtain an Insurance License within 6 months of hire
  • Bachelor’s/University degree, Master’s degree preferred
Responsibilities
  • Ensure timely and appropriate escalation of issues and maintain relevant metrics for reporting purposes
  • Build partnerships with supported Line of Business operations, Registered Reps, Sales Managers and Supervisory partners.
  • Execute on projects and initiatives within agreed timeframes
  • Interface, consult and advise Senior Management including, but not limited to, Compliance, AML, Sales Management.
  • Assist on ad-hoc projects as assigned by Management.
  • Prepare for and assist in internal and external (regulatory) audits, examinations and other compliance testing initiatives
  • Maintenance and retention of all relevant files within the functional requirements of the role
  • Assist the Business in key policy adherence and monitoring
  • Ensure adherence to the Citi Operational Risk Policy in regard to operational loss approvals and reporting.
  • Escalate potential errors promptly in accordance with the Citi Escalation Policy.
  • Ensure that the Business has a sound control environment including adherence to relevant policies where appropriate.
  • Keep Management aware of the risk and control environment of the Business through continuous and open communication with Senior Management to present and follow-up on issues, concerns and corrective action plans.
  • Responsible for maintaining knowledge of applicable regulations and ensuring that the various reviews are conducted in compliance with applicable laws, regulations, and internal procedures.
  • Review and principal approval for life insurance and annuity transactions, including Replacement/Exchanges and NY State Regulation 60 transactions for completeness of forms, documentation of disclosures to clients, compliance with Firm policies, procedures, and processes.
  • Evaluate proposed transaction and determine appropriateness of proposed transaction, including an analysis of any proposed exchange/replacement transaction, including complex exchanges.
  • Verify information provided on transaction review forms by contacting the insurance companies, Financial Advisor or by referencing product materials.
  • Determine whether a proposed transaction may proceed based on compliance with Firm policies & procedures, analysis of cost/benefit for the transaction and overall transaction suitability determination.
  • Evaluate proposed transactions with Financial Advisors and Sales/Supervisory Management and advise them accordingly on appropriateness of proposed investment strategy for the client.
  • Maintain accurate records and reporting of cases reviewed and their disposition.
  • Responsible for staying informed of annuity and insurance product changes, closures, rate changes and evaluating impact on reviews.
  • Responsible for maintaining an awareness of relevant investment products and services, communications with the public rules and regulations, as well as Firm processes and procedures.
  • Responsible for maintaining records of approvals as required by regulators and in accordance with Firm policy.

Citigroup provides a wide range of financial products and services to various clients, including consumers, corporations, and governments. Its services encompass consumer banking, credit, corporate and investment banking, securities brokerage, and wealth management. Citi operates in over 160 countries, utilizing its global network and technology to offer solutions tailored to its diverse client base. The company generates revenue through interest from loans, fees from banking services, and commissions from investment activities. Unlike many competitors, Citi's extensive international presence and commitment to sustainability through ESG initiatives set it apart. The goal of Citigroup is to facilitate international trade and investment while managing financial assets and providing liquidity in the global financial system.

Company Stage

N/A

Total Funding

$59.8M

Headquarters

Tel Aviv-Yafo, Israel

Founded

N/A

Simplify Jobs

Simplify's Take

What believers are saying

  • Citi's involvement in significant financial deals, such as the $41 million debt facility with Buyerlink, showcases its strong market presence and financial influence.
  • The company's focus on ESG initiatives aligns with growing global trends towards sustainability, potentially attracting more clients and investors.
  • Citi's technological innovations enhance its service delivery, offering employees opportunities to work with cutting-edge financial technologies.

What critics are saying

  • Operating in a highly competitive financial services market, Citi faces constant pressure to innovate and maintain its market share.
  • Global economic fluctuations and regulatory changes can impact Citi's operations and profitability, posing challenges for employees.

What makes Citigroup unique

  • Citi's extensive global network across 160 countries provides unparalleled access to cross-border financial services, setting it apart from regional competitors.
  • The company's commitment to ESG initiatives and technological innovation positions it as a forward-thinking leader in the financial services industry.
  • Citi's diverse range of services, from consumer banking to investment banking and wealth management, allows it to cater to a wide array of clients, unlike more specialized financial institutions.

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