Full-Time

VP – Compliance Testing Officer

Volcker, Swap Dealer & Counterparty Risk and Trading

Posted on 3/11/2025

Citigroup

Citigroup

10,001+ employees

Global financial services and banking solutions

Compensation Overview

$129.8k - $194.8k/yr

+ Incentive Awards + Retention Awards

Senior, Expert

New York, NY, USA

Category
QA & Testing
Quantitative Finance
Security Testing
Quality Assurance
Required Skills
Data Analysis
Connection
Connection
Connection
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Requirements
  • Experience in planning, executing, and reporting on compliance testing reviews and regulatory issue validation activities related to Volcker, Swap Dealer (CFTC and SBSD) testing programs and Financial Markets products.
  • Knowledge and extensive experience with auditing principles including audit planning, risk assessments, development of risks and controls matrices, processes and controls design assessments, controls operating effectiveness testing, transactional access segregation of duties, transactional testing, surveillance systems, and reporting activities.
  • Understanding of rules, laws, and regulations, and specific regulatory requirements
  • Strong interpersonal skills for building strong relationships with stakeholders and engaging teams
  • Effectiveness in working within a large scale and complex matrix organization is essential
  • Effective negotiation skills, a proactive and “no surprises” approach in communicating issues, and strength in sustaining independent views
  • Excellent oral communication and writing skills in interacting with non-executives and executive management and across a number of business lines and control functions
  • Willingness to travel
  • Knowledge of Compliance laws, rules, regulations, risks and typologies
  • Must be a self-starter, flexible, innovative and adaptive
  • Strong interpersonal skills with the ability to work collaboratively and with people at all levels of the organization
  • Ability to both work collaboratively and independently; ability to navigate a complex organization
  • Advanced analytical skills
  • Ability to both work independently and collaborate with team members
  • Excellent project management and organizational skills and capability to handle multiple projects at one time
  • Proficient in MS Office applications (Excel, Word, PowerPoint)
  • Demonstrated knowledge in area of focus
Responsibilities
  • Developing, implementing, and executing compliance testing, continuous assurance, and reporting programs within an assigned region in accordance with the Compliance Independent Assessment (CIA) Plan.
  • Participating in the planning, executing, and reporting of compliance testing reviews and compliance and regulatory issue validation activities for a component of a product line, function, or legal entity within an assigned region in accordance with CIA Plan.
  • Analyzing and documenting report findings, and having preliminary discussions with corresponding control/process owners.
  • Assisting with the development and enhancement of the Compliance Testing Methodologies and Standards for testing, monitoring, and reporting.
  • Utilizing innovative compliance testing solutions including Data Analytics to increase value and reduce costs of compliance-related activities.
  • Developing effective relationships within CIA function and with other stakeholders including Business process owners and Internal Audit function.
  • Identifying industry best practices and share insight with the CIA teams on a regular basis.
  • Informing CIA management of significant compliance matters that require their attention or action.
  • Identifying compliance training resources and tools available centrally to support country/business compliance programs training and research needs.
  • 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.
  • Additional duties as assigned.
Desired Qualifications
  • Compliance and Audit related professional qualifications - a plus

Citigroup provides a variety of financial services to individuals, businesses, and governments around the world. Its offerings include consumer banking, credit, corporate and investment banking, securities brokerage, and wealth management. The company operates in over 160 countries, allowing it to facilitate cross-border transactions and serve a diverse clientele. Citigroup's products work by leveraging its extensive global network and technology to provide efficient banking solutions, generating revenue through interest on loans, service fees, trading, and investment management. What sets Citigroup apart from its competitors is its strong focus on sustainability and social responsibility, as demonstrated by its investments in environmental, social, and governance (ESG) initiatives. The company's goal is to create a positive financial and social impact while achieving growth and profitability.

Company Size

10,001+

Company Stage

IPO

Headquarters

New York City, New York

Founded

1812

Simplify Jobs

Simplify's Take

What believers are saying

  • Citi's investment in Proxymity enhances transparency in investor communications.
  • Participation in Omnidian's funding supports growth in clean energy investments.
  • Citi's role in Danaos' debt syndicate strengthens its position in corporate financing.

What critics are saying

  • Increased competition from fintechs like Brex threatens Citi's market share.
  • Investments in Validis may not integrate well with existing systems.
  • Financial exposure in Danaos' debt syndicate poses risks if market conditions worsen.

What makes Citigroup unique

  • Citi's global presence in over 160 countries enhances its competitive edge.
  • Strong focus on ESG initiatives aligns Citi with global sustainability goals.
  • Technological innovations in digital banking improve customer engagement and efficiency.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

401(k) Company Match

Wellness Program

Paid Vacation

Paid Sick Leave

Paid Holidays

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-5%

2 year growth

-5%
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