Fraud Prevention Fair Lending Governance Lead

As part of the Financial Crimes & Fraud Prevention’s (FCFP) Analytics, Modeling, & Data organization, this role helps administer/manage the Fraud Model/AI inventory ensuring Fair Lending & Legal policies and procedures are cared for supporting Citi’s North American and global card, retail and wealth businesses.  Responsible for assisting with internal strategies, policies, procedures, processes, and programs to prevent violations of law, rule, or regulation and design and deliver a risk management framework that maintains risk levels within the firm's risk appetite and protect the franchise. Primary responsibilities focus on evaluating Models/AI Objects used by Fraud for compliance with fair lending and fairness regulations in the United States and maintaining proper documentation and work papers. The candidate will complete in-business Fair Lending Model/AI Object reviews focusing on evaluation of input data used in Models/AI Objects, clearly documenting, and articulating the Model/AI Object usage boundaries to the key stakeholders.  This role partners closely with Fraud Policy, Fair Lending and Fairness, Model Risk Management, Data Activation & Transformation (DAT), and various other partners to keep apprised of business and technology direction to determine potential and existing fraud Model/AI risk and control impacts.

Responsibilities:

• Act as Fair Lending/Compliance Governance SME, understanding and applying Enterprise Policy/Procedures for FCFP models and communicating Policy/Procedure updates
• Manage Fair Lending/Compliance related control routines to ensure compliance Fraud is in compliance, including approvals of new Models/AI Objects, changes and reapprovals and updating Fair Lending documentation as required.
• Evaluate and mitigate potential Fair Lending risk through special projects; including development of tracking/management tools
• Ensure proper documentation related to third party models
• Responsible for understanding Enterprise Policy/Procedures related to Data and Modeling and communicating Policy/Procedure updates related to Data and Modeling
• Assisting with regulatory inquiries and/or examinations. This may include coordination with regulators and other parties.
• Manage relationship with Fraud Data Activation & Transformation team
• Gathers operational data from various cross functional stakeholders to examine past business performance
• Identifies data patterns & trends, and provides insights to enhance business decision making capability in business planning, process improvement, solution assessment etc.
• Recommends actions for future developments & strategic business opportunities, as well as enhancements to operational policies
• Continuously improve processes and strategies by exploring and evaluating new data sources, tools, and capabilities
• Appropriately assess 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:

• 6-10 years of experience
• Experience analyzing large datasets; to perform complex analyses and data mining

Education:

• Bachelors/University degree required, Juris Doctor (JD) preferred

This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.

• Experience in compliance, legal or other control-related function in the financial services firm, regulatory organization, or legal/consulting firm, or a combination thereof; strong working knowledge of function/business/product supported and the related operations and financial requirements
• Knowledge of Compliance laws, rules, regulations, risks and typologies
• Strong interpersonal skills with the ability to work collaboratively and with people at all levels of the organization
• Experience in managing regulatory exams and relationships with examiners, auditors, etc.
• Strong written and verbal communication and interpersonal skills

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Job Family Group:

Decision Management

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Job Family:

Business Analysis

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Time Type:

Full time

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Primary Location:

Jacksonville Florida United States

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Primary Location Full Time Salary Range:

$113,840.00 - $170,760.00

In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.

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Anticipated Posting Close Date:

Mar 10, 2025

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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.

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