Compliance Risk Management Specialist

5 days ago


Old Toronto, Canada CitiGroup Full time

We are seeking a highly skilled Compliance Risk Management Specialist to join our team at CitiGroup.

Job Description:

This role will be responsible for assessing compliance risks and controls implemented by the first and second line of defense. You will perform risk assessments of Citi's compliance risks, conduct independent testing activities to assess the design and effectiveness of key controls, report and escalate control issues, and validate remediation taken to address reported issues.

Key Responsibilities:
  • Develop, implement, and execute compliance testing, continuous assurance, and reporting programs within an assigned region in accordance with the Compliance Testing Plan.
  • Participate 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 the CT Plan.
  • Analyse and document report findings, and have preliminary discussions with corresponding control/process owners.
  • Assist with development of Compliance Testing Risk Assessments, Monitoring Monthly, and Quarterly Summaries and the development and enhancement of the Compliance Testing Methodologies and Standards for auditing, testing, monitoring, and reporting.
  • Utilize innovative compliance testing solutions including Data Analytics to increase value and reduce costs of compliance-related activities.
Requirements:

To be successful in this role, you will need:

  • 6-10 years of experience in compliance, legal, or other control-related functions in the financial services firm, regulatory organization, or legal/consulting firm.
  • Experience in planning, executing, and reporting on compliance testing reviews and regulatory issue validation activities.
  • 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.

We offer a competitive salary range of $85,000 - $120,000 per year, depending on location and experience. If you are a motivated and detail-oriented professional looking to advance your career in compliance risk management, please submit your application.



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