What are the responsibilities and job description for the Senior Audit Manager (SVP) - Capital Markets Operations position at Citi?
Job Description Summary
Senior Audit Manager (SVP) managing an audit team covering primarily Capital Markets Operations and other Operations areas within Institutional Clients Group (ICG).
Job Description
Citi, the world leading global bank, has approximately 200 million customer accounts and a presence in more than 160 countries and jurisdictions worldwide. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Citi enables clients to achieve their strategic financial objectives by providing them with cutting-edge ideas, best-in-class products and solutions, and unparalleled access to capital and liquidity.
Department Overview:
Citi Institutional Client Group (ICG) provides world-class products and financing solutions for corporations, governments, and institutional investors through dominant underwriting, sales and trading, and distribution capabilities. ICG Operations is a key support and control partner to the business, providing operational support to all trading areas across a number of sites globally.
The ICG Markets Operations audit team is responsible for coverage of key operational processes, including settlements (e.g. FX, equity, fixed income, commodities and OTC derivative transactions), payments, asset servicing (corporate actions & income) and margin call processing. Additionally, other critical operations functions such as reconciliations, reference data management and non-financial regulatory reporting is covered within the team's broader portfolio.
Role Overview:
An opportunity has arisen for a Senior Audit Manager. This role directs the timely delivery of complex high quality, value added assurance and audit reports for a portfolio of business activities, which meet the requirements of the Boards of Citigroup and Citibank, their affiliates and of Citi’s respective regulators, globally.
The Senior Audit Manager is a senior level position responsible for managing a complex and critical unit within Internal Audit. The overall objective of this role is to develop and execute a robust Audit Plan and direct complex audit activities for a component of the business at regional and global levels.
Responsibilities:
Develops and executes a robust Audit Plan, by reviewable entity, for assigned businesses in accordance with Internal Audit standards, relevant government statutes and regulations and policies.
Delivers on time high quality audit reports, Internal Audit and regulatory issue validation as well as business monitoring and governance committee reporting.
Directs complex audit activities for a component of a product line, function, or legal entity at the regional or global level including a portion of the audit annual plan.
Applies comprehensive expertise in one or more of the corporation's businesses and leverages this knowledge into a leadership role in one or more teams.
Proactively advances integrated auditing concepts and use of technology. Closely follows latest trends in own field and adapts them for application within own job and the business
Manages a complex and critical unit within Internal Audit, including a medium sized team of Internal Audit professionals. Recruits staff, develops talent, builds effective teams, and manages a budget.
Possesses a broad and comprehensive understanding of different Internal Audit standards, policies and local regulations; applies a broad and comprehensive knowledge of high risk areas including: Investment Banking, technology management; project/program management; regulatory compliance or supplier management.
Leads the professional development of Internal Audit staff.
Develops effective senior line management relationships and has a strong understanding of the businesses.
Applies an in-depth understanding of the inter-relationships of business and support units throughout the corporation and how they impact the overall control environment and the audit approach.
Uses excellent communication skills in order to influence a wide range of internal audiences including respective product, function, or regional executive management partners. May negotiate internally often at higher levels on matters which will have a major impact on the area managed.
Demonstrates strong judgment, political astuteness, and sensitivity to cultural diversity.
Possesses strong project management and interpersonal skills, makes sound decisions, exhibiting initiative and intuitive thinking. Consulted often by others for advice and opinions and recognized as a leadership role model.
Participates in major business initiatives and pro-actively advises and assists the business on change initiatives.
Frequently involved in matters that require complex judgments and solutions based on sophisticated analytical thought such as identifying solutions for a variety of complex and novel audit control issues.
Analyzes reporting findings; Recommends appropriate interventions where needed. Proposes creative and pragmatic solutions for risk and control problems.
Partners with Directors and Managing Directors to develop approaches for addressing broader corporate emerging issues.
Serves as lead reviewer for all types of reviews, including the most complex.
Reviews and approves Business Monitoring Quarterly Summaries.
Qualifications:
Extensive experience in a related role
Related certifications (CPA, ACA, CFA, CIA, CISA or similar) preferred
Demonstrated successful experience in business, functional and people management
Proven ability to execute concurrently on a portfolio of high quality deliverables according to strict timetables
Demonstrated ability to implement continuous improvement and innovation in audit tools and techniques
Consistently demonstrates clear and concise written and verbal communication
Demonstrated ability to remain unbiased in a diverse working environment
Effective negotiation skills
Education:Bachelor’s degree/University degree or equivalent experience
Master’s degree preferred
Exceptional candidates who do not meet these criteria may be considered for the role provided they have the necessary skills and experience.
-------------------------------------------------
Job Family Group:
Internal Audit-------------------------------------------------
Job Family:
Audit------------------------------------------------------
Time Type:
Full time------------------------------------------------------
Primary Location:
New York New York United States------------------------------------------------------
Primary Location Salary Range:
$158,140.00 - $237,200.00------------------------------------------------------
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.
View the "EEO is the Law" poster. View the EEO is the Law Supplement.
View the EEO Policy Statement.
View the Pay Transparency Posting
Senior Audit Manager (SVP) managing an audit team covering primarily Capital Markets Operations and other Operations areas within Institutional Clients Group (ICG).
Job Description
Citi, the world leading global bank, has approximately 200 million customer accounts and a presence in more than 160 countries and jurisdictions worldwide. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Citi enables clients to achieve their strategic financial objectives by providing them with cutting-edge ideas, best-in-class products and solutions, and unparalleled access to capital and liquidity.
Department Overview:
Citi Institutional Client Group (ICG) provides world-class products and financing solutions for corporations, governments, and institutional investors through dominant underwriting, sales and trading, and distribution capabilities. ICG Operations is a key support and control partner to the business, providing operational support to all trading areas across a number of sites globally.
The ICG Markets Operations audit team is responsible for coverage of key operational processes, including settlements (e.g. FX, equity, fixed income, commodities and OTC derivative transactions), payments, asset servicing (corporate actions & income) and margin call processing. Additionally, other critical operations functions such as reconciliations, reference data management and non-financial regulatory reporting is covered within the team's broader portfolio.
Role Overview:
An opportunity has arisen for a Senior Audit Manager. This role directs the timely delivery of complex high quality, value added assurance and audit reports for a portfolio of business activities, which meet the requirements of the Boards of Citigroup and Citibank, their affiliates and of Citi’s respective regulators, globally.
The Senior Audit Manager is a senior level position responsible for managing a complex and critical unit within Internal Audit. The overall objective of this role is to develop and execute a robust Audit Plan and direct complex audit activities for a component of the business at regional and global levels.
Responsibilities:
Develops and executes a robust Audit Plan, by reviewable entity, for assigned businesses in accordance with Internal Audit standards, relevant government statutes and regulations and policies.
Delivers on time high quality audit reports, Internal Audit and regulatory issue validation as well as business monitoring and governance committee reporting.
Directs complex audit activities for a component of a product line, function, or legal entity at the regional or global level including a portion of the audit annual plan.
Applies comprehensive expertise in one or more of the corporation's businesses and leverages this knowledge into a leadership role in one or more teams.
Proactively advances integrated auditing concepts and use of technology. Closely follows latest trends in own field and adapts them for application within own job and the business
Manages a complex and critical unit within Internal Audit, including a medium sized team of Internal Audit professionals. Recruits staff, develops talent, builds effective teams, and manages a budget.
Possesses a broad and comprehensive understanding of different Internal Audit standards, policies and local regulations; applies a broad and comprehensive knowledge of high risk areas including: Investment Banking, technology management; project/program management; regulatory compliance or supplier management.
Leads the professional development of Internal Audit staff.
Develops effective senior line management relationships and has a strong understanding of the businesses.
Applies an in-depth understanding of the inter-relationships of business and support units throughout the corporation and how they impact the overall control environment and the audit approach.
Uses excellent communication skills in order to influence a wide range of internal audiences including respective product, function, or regional executive management partners. May negotiate internally often at higher levels on matters which will have a major impact on the area managed.
Demonstrates strong judgment, political astuteness, and sensitivity to cultural diversity.
Possesses strong project management and interpersonal skills, makes sound decisions, exhibiting initiative and intuitive thinking. Consulted often by others for advice and opinions and recognized as a leadership role model.
Participates in major business initiatives and pro-actively advises and assists the business on change initiatives.
Frequently involved in matters that require complex judgments and solutions based on sophisticated analytical thought such as identifying solutions for a variety of complex and novel audit control issues.
Analyzes reporting findings; Recommends appropriate interventions where needed. Proposes creative and pragmatic solutions for risk and control problems.
Partners with Directors and Managing Directors to develop approaches for addressing broader corporate emerging issues.
Serves as lead reviewer for all types of reviews, including the most complex.
Reviews and approves Business Monitoring Quarterly Summaries.
Qualifications:
Extensive experience in a related role
Related certifications (CPA, ACA, CFA, CIA, CISA or similar) preferred
Demonstrated successful experience in business, functional and people management
Proven ability to execute concurrently on a portfolio of high quality deliverables according to strict timetables
Demonstrated ability to implement continuous improvement and innovation in audit tools and techniques
Consistently demonstrates clear and concise written and verbal communication
Demonstrated ability to remain unbiased in a diverse working environment
Effective negotiation skills
Education:Bachelor’s degree/University degree or equivalent experience
Master’s degree preferred
Exceptional candidates who do not meet these criteria may be considered for the role provided they have the necessary skills and experience.
-------------------------------------------------
Job Family Group:
Internal Audit-------------------------------------------------
Job Family:
Audit------------------------------------------------------
Time Type:
Full time------------------------------------------------------
Primary Location:
New York New York United States------------------------------------------------------
Primary Location Salary Range:
$158,140.00 - $237,200.00------------------------------------------------------
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.
View the "EEO is the Law" poster. View the EEO is the Law Supplement.
View the EEO Policy Statement.
View the Pay Transparency Posting
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