Audit Director
Company: Citi
Location: Bedford
Posted on: June 23, 2022
Job Description:
Citi's Internal Audit (IA) division provides independent
assessments of the company's governance, risk management and
internal control environment for key stakeholders including the
Board of Directors, senior management and Citi's numerous
regulators globally. IA is a change agent within Citi to enhance
the control culture of Citigroup worldwide and thereby support
senior management decision making around the globe.IA maintains a
Quality Assurance (QA) function that reports to the Citi Chief
Auditor and the Group Audit Committee. -The QA function provides
independent assurance that IA has achieved and is maintaining
appropriate standards of internal audit delivery (set against both
IA's own internal standards and the Standards and Code of Ethics of
the Institute of Internal Auditors). -The QA Audit Director -
Regulatory Issue Validation (RIV) is a senior level management
position responsible for managing a team of professionals with an
overall objective to strategically direct QA RIV audit activities
that provide an independent assessment of IA activity specifically
related to Citi's regulatory remediation projects and the OCC/FRB
Citi Consent Order. This role will primarily focus on Compliance,
Financial Crimes, Personal Banking and Wealth Management IA
activity. -The role is based in New York / Tampa / Irving, USA and
will report to the QA RIV Chief Auditor based in New York,
USA.Responsibilities:
- Lead a team of senior Quality Assurance (QA) staff,
supplemented by QA subject matter experts, to provide centralized
QA support for key Regulatory Issue Validation projects across the
Compliance, Financial Crimes, Personal Banking and Wealth
Management Internal Audit (IA) teams.
- Manage the pipeline of key regulatory projects requiring QA
review; co-ordinate necessary resources in scrum teams; ensure
consistency of QA's check and challenge of IA's validation work;
identify thematic areas for improvement; assess regulatory
validation methodology end-to-end, from receipt of exam letter to
final IA validation.
- Work closely with IA Regulatory Management and IA Leadership to
ensure awareness of regulatory focus areas, ongoing regulatory
exams, and independently assess emerging risk areas for IA.
- Collaborate with IA Learning & Development to develop, lead and
coordinate delivery of regulatory validation methodology training
to auditors (and stakeholders, as needed), including tailored
training if required.
- Support IA teams in regulatory matters, including review of
responses to regulators and presenting directly to regulators as
required.
- Support the IA Professional Practices Chief Auditor in
fostering a strong QA partnership with the EMT Chief Auditors,
sharing insights and value-added feedback to audit teams in
relation to quality results, best practices, themes and
trends.
- Create and present local audit committee reporting for QA
results, as required.
- Assist the IA Professional Practices Chief Auditor in strategic
and innovation projects, contributing to the QA continuous
improvement program to drive a best in class quality assurance
function and world-class IA methodology and practices.
- Carry out and/or assist in other independent QA reviews of
assurance work performed by internal auditors including Hot
Reviews, Targeted Reviews, moderating cold review scorecards,
Continuous Improvement Reviews and Thematic Reviews.
- Provide day-to-day pragmatic support and guidance to the
auditors on methodology-related matters by leveraging experience
and using professional judgement.
- Establish and consistently maintain professional working
relationship with IA Directors and CAs; maintain IA stakeholder
communications through monthly meetings.
- Support the QA Chief Auditor RIV in other assignments and
projects as required.
- Promote knowledge sharing and promulgation of best practices
across IA and Citigroup.Qualifications:
- 15+ years of experience in a related role
- Related certifications (CPA, ACA, CFA, CIA, CISA or similar)
preferred
- Demonstrated success in business, functional and people
management
- Consistently demonstrates clear and concise written and verbal
communication
- Demonstrated ability to remain unbiased in a diverse working
environment
- Effective negotiation skillsEducation:
- Bachelor's degree/University degree or equivalent
experience
- Master's degree
preferred-------------------------------------------------Job
Family Group: Internal
Audit-------------------------------------------------Job
Family:Audit------------------------------------------------------Time
Type:Full
time------------------------------------------------------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 .View the
"" poster. View the .View the .View the
-----------------------------Effective November 1, 2021, Citi
requires that all successful applicants for positions located in
the United States or Puerto Rico be fully vaccinated against
COVID-19 as a condition of employment and provide proof of such
vaccination prior to commencement of employment.
Keywords: Citi, Bedford , Audit Director , Executive , Bedford, Texas
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