Full-Time
Vice President
KYC Policy Strategy and Transformation
Posted on 12/21/2024
Citigroup
10,001+ employees
Global financial services and banking provider
Compensation Overview
$103.9k - $155.9kAnnually
Senior, Expert
Tampa, FL, USA
Hybrid position.
- 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
- Strong written and verbal communication and interpersonal skills
- 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
- Bachelor’s degree; experience in compliance, legal or other control-related function in the financial services firm, regulatory organization, or legal/consulting firm, or a combination thereof; experience in area of focus; Advanced degree a plus
- Participating in the design, development, delivery and maintenance of best-in-class Compliance programs, policies and practices for ICRM.
- Analyzing complex comparative data, preparing and presenting regional and global reports related to compliance risk assessments, and monitoring of compliance related issues.
- Reviewing materials to ensure compliance with various regulatory and legal requirements and to ensure compliance risks are appropriately identified and addressed.
- Investigating and responding to compliance risk issues. Investigating regulatory inquiries, preparing required documentation, making recommendations to senior management on how to proceed, and preparing responses for the regulatory inquiries.
- Overseeing the monitoring of adherence to Citi’s Compliance Risk Policies and relevant procedures and preparation, editing, and maintenance of Compliance program related materials.
- Interacting and working with other areas within Citi, as necessary.
- Keeping abreast of regulatory changes, new regulations and internal policy changes in order to further identify new key risk areas.
- Additional duties as assigned.
- Has the ability to operate with a limited level of direct supervision.
- Can exercise independence of judgement and autonomy.
- Acts as SME to senior stakeholders and /or other team members.
- 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.
Citigroup provides a wide range of financial products and services to various clients, including consumers, corporations, and governments. Its offerings include consumer banking, credit, corporate and investment banking, securities brokerage, and wealth management. Citi operates in over 160 countries, utilizing its extensive global network and technology to deliver financial solutions. The company generates revenue through interest from loans, fees from banking services, and commissions from investment activities. Unlike many competitors, Citi's global reach and comprehensive service suite enable it to facilitate international trade and manage financial assets effectively. The goal of Citigroup is to support economic growth while committing to sustainability and social responsibility through investments in environmental, social, and governance initiatives.
Company Stage
IPO
Total Funding
$59.8M
Headquarters
Tel Aviv-Yafo, Israel
Founded
1812
Simplify's Take
What believers are saying
- Citi's involvement in Jumia's sales agreement taps into Africa's growing e-commerce market.
- The 'Green Deposits' initiative aligns with the rising trend of sustainable investments.
- Citi's gender pay equity disclosure strengthens its corporate governance and investor appeal.
What critics are saying
- Increased competition from digital platforms like Versana may erode Citi's market share.
- Citi's exposure to Africa's volatile e-commerce market poses potential financial risks.
- Cybersecurity threats could increase with Citi's digital banking expansion through Google Pay Plex.
What makes Citigroup unique
- Citi's global reach spans over 160 countries, offering unmatched international banking services.
- The introduction of 'Green Deposits' caters to the growing demand for sustainable financial products.
- Citi's partnership with Mastercard for Google Pay Plex accounts enhances its digital banking offerings.
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