Senior Regulatory Risk Officer
Full time
at Citibank (Switzerland) AG
in
Online
Posted on May 8, 2024
Job details
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Senior Regulatory Risk Officer
Apply remote type Hybrid locations Belfast United Kingdom time type Full time posted on Posted 2 Days Ago job requisition id 24743141 Are you looking for a career move that will put you at the heart of a global financial institution? Then bring your skills in analysis, problem solving and communication to Citi’s Basel Committee on Banking Supervision (BCBS) 239 Independent Validation Team. By Joining Citi, you will become part of a global organization whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. Team/Role Overview Serve as a Regulatory Risk Officer for the Finance Chief Risk Office BCBS 239 Independent Validation Team responsible for assessing compliance with BCBS 239 Principles by performing independent validation through evaluation of risks and controls implemented. The Global Team sits within Citi’s Independent Risk Management (IRM) function and provide second line oversight on key BCBS 239 regulatory and management reports. The Regulatory Risk Officer will have a proven track record of testing key controls and processes and have experience assessing completeness and accuracy of data flowing into key reports to ensure compliance with regulatory instructions and internal risk management metrics. What you’ll do- Executing defined testing programs in accordance with the FINCRO BCBS 239 Testing Team’s Global annual testing plan with reviews impacting legal entities across Citi including, the US, Ireland, UK, Ireland, Singapore, Germany, and South Africa.
- Participating in the planning, executing, and reporting of BCBS 239 testing reviews and issue validation activities to assess compliance with BCBS 239 requirements.
- Act as a Review Lead to oversee the end-to-end lifecycle of BCBS 239 reviews including development of testing strategies to evaluate adequacy of key controls and provide oversight of more junior team members.
- Documentation of testing findings and having preliminary discussions with corresponding control/process owners to identify root cause and agree appropriate corrective actions.
- Utilize innovative testing solutions including Data Analytics to evaluate data accuracy and completeness of the in-scope reports.
- Knowledge and extensive experience with testing/auditing principles, particularly in the understanding of risk and controls, develop/execute testing strategy/approach, perform controls design and effectiveness testing and undertaking data transaction testing.
- Prior experience in undertaking test against regulatory requirements (such as BCBS 239, US Regulatory Reporting, European Regulatory Reporting and/or similar).
- Experience with data analysis and/or data mining, knowledge of SAS, SQL, MicroStrategy, Big Data or other analytics tools like R, Python, Tableau, Power BI to identify data anomalies.
- Strong interpersonal skills for building relationships with stakeholders, engaging teams and ability to work collaboratively with people at all levels of the organization.
- Bachelor’s degree; experience in compliance, internal controls testing, or other control-related function in a financial services firm, regulatory organization, or consulting firm.
- Generous holiday allowance starting at 27 days plus bank holidays; increasing with tenure
- A discretional annual performance related bonus
- Private medical insurance packages to suit your personal circumstances
- Employee Assistance Program
- Pension Plan
- Paid Parental Leave
- Special discounts for employees, family, and friends
- Access to an array of learning and development resources
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