LATAM (ex-Mexico) Controls & Compliance Project Coordinator - Assistant Vice President
Company: Citi
Location: Deerfield Beach
Posted on: January 10, 2021
Job Description:
- Responsible for supporting the Firm-'s overall Control and
Governance Framework within Latin America, with a special focus on
supporting regulatory remediation activities in the region,
including RIM, Data, Model Risk and others. Focus will be on
establishing cluster controls from project management through to
Business As Usual requirements, as well as maintenance of the
overall execution of the program. He/she will report directly to
the Regional Controls Head and matrix into the LATAM Regional
Cluster Control Heads, in full alignment with the local In-Business
Control heads.Job Overview:The LATAM (ex-Mexico) Controls &
Compliance Project Coordinator Assistant Vice President will be
responsible for supporting the Firm-'s overall Control and
Governance Framework within Latin America, with a special focus on
supporting and reporting on regulatory remediation activities in
the region, including Regulatory Inventory Mapping, Data
Management, Model Risk and others. He/she will report directly to
the Regional Controls Head and matrix into the LATAM Regional
Cluster Controls Head for CCA and Andean.He/she will further
support the Cluster Heads in driving region-wide Controls
initiatives set up by the LATAM Controls Head, in close
collaboration with the Country In-Business Control Officers and
Function Heads. The AVP position will support the regional, cluster
and countries coverage of key control governance areas, including
Fraud Management, Management of Operational Risk Events,
administration of MCA/GRC, KOR Management, and UKI Management, as
well as helping to drive the overall strategy for effective
controls governance for the region.Additionally, he/she will
oversee and manage the regional activities related to the priority
global regulatory remediation programs. This will require close
coordination with the global program owners, regional owners and
in-country implementation teams. One of the key remediation
priorities for 2020 will be the Regulatory Inventory Mapping
program. This position will support in the establishment,
maintenance and change controls of the laws, rules and regulations,
as required by the RIM program on an ongoing basis. The AVP will
also manage weekly reporting on all regulatory remediation program
statuses from a LATAM regional perspective.Strong interpersonal
skills and the ability to work well both as part of a team and
independently are a must as this individual will be required to
lead efforts single-handedly, as well coordinate very closely with
In-Function Control Officers, and work alongside Business partners,
Operational Risk Management, ICRM, AML, Legal, Risk, IA, Regulators
and other stakeholders on a variety of initiatives.The successful
candidate will be expected to help drive the business analytics
across key initiatives and proactively project manage high profile
projects. This will require frequent interaction with people at
many levels of the organization, from junior analysts to senior
management. This is a diverse and challenging role in a dynamic
region with exposure to many product types and markets, as well as
responsibility for successful regional implementation of global
regulatory remediation programs.Key Duties & Responsibilities:
- Support the coverage of the risk and control governance model,
as established by the In Business Cluster Heads following the
guidelines of LATAM Controls Head
- Oversee the regional implementation of activities and improved
control processes related to the priority regulatory remediation
programs, including by not limited to: RIM, Data Management, Model
Risk Management, DSFTs, NPAC, Liquidity Risk Management
- Support on the establishment, maintenance and change controls
of the laws, rules and regulations, as part of the Regulatory
Inventory Mapping
- Track the status of regional models and support in escalating
policy breaches or exceptions for the models.
- Create senior-level periodic reports to provide status updates
and escalations, as needed, on regional implementation related to
regulatory remediation programs
- Support to the clusters/countries in the Self-Assessment
exercises (MCA)
- Support the countries/cluster/regional process for Managing
Operational risk events, including Quarterly Attestations
- Support the Monitoring and reporting on Key Performance
Indicators and provide oversight of the controls implemented within
the business units
- Escalate issues, trends and themes to senior management through
existing forums
- Identify opportunities to implement improvements in controls
and governance processes, reporting and forums
- Promote Operational Risk awareness, issue self-identification
and a strong risk culture
- Support the Model Risk Management Attestation process for LATAM
CEO- and CCO-owned models
- Handle complex projects independently. Highly organized with a
capability of working with a large number of regional and global
teams
- Resolve day-day project issues and conflicting workload
priorities
- Report project statuses, next steps and issues / risks to
stakeholders and regional/global sponsorsRequired Skills
- The ideal candidate will be a take charge individual with
excellent interpersonal skills and operational and analytical
abilities
- Ability to build and maintain professional working
relationships with counterparts in different areas of the
organization, working across geographies and corporate LOBs/
functions
- Ability to manage through influence (e.g. management in the
absence of reporting lines or with matrix reporting)
- Demonstrated ability to assess complex issues through root
cause analysis and other analytical techniques; structure potential
solutions
- Analytical and able to conduct interpretation of regulations
and define applicability to processes, products and services
- Ability to influence, understanding how to operate effectively
across diverse businesses
- Comfort in navigating complex, highly-matrixed
organizations
- Effective negotiation skills, a proactive and 'no surprises'
approach in communicating issues and strength in sustaining
independent views
- Strong written and verbal communication skills with the ability
to interact effectively with people at all levels of the
organization
- Quick learner, team oriented with strong organizational,
project management and presentation skills
- Ability to prioritize and drive results in a deadline driven
environment while maintaining attention to detail and complete
accuracy
- He/she should have knowledge of Compliance, Audit, Controls and
Corporate Information Security policies and standards
- Capacity to proactively anticipate, identify, and resolve
problems
- Desire to drive projects from inception or assignment through
execution
- Ability to present internally and externally to senior
executives
- Ability to multi-task, prioritize tasks and manage concurrent
projects and deliverables, under tight deadlines to achieve
deliverables according to the business requirements
- Self-starter who can work independently and with an appetite
for challenging assignmentsQualifications
- 3-5 years experience in the Financial Services Industry
- Graduate degree, BS or concentration in Business
Administration, Legal and/or Finance. MBA a plus
- Leadership skills including ability to work effectively and
drive results with a virtual global team
- Up to date understanding of key risk and control concepts,
tools and trends relating to risk identification, rating and
prioritization, mitigation and reporting
- General understanding of financial institutions framework and
applicable regulation
- Knowledge of Regulatory framework and regulations applicable to
Latin-American countries
- Prior work experience in risk management/mitigation and
controls
- Prior work experience in operational risk, compliance or
operations
- Prior work experience in the Latin America region a plus
- Fluent in English Spanish. Portuguese a plus
- Risk-based thinking and an analytical mindset
- Strong data analytical skills supported by appropriate
technical skills
- Proficient in MS Suite applications
- Excellent written, communication, and interpersonal skills
- Some traveling may be
required-------------------------------------------------Job Family
Group: Compliance and
Control-------------------------------------------------Job
Family:Business
Control------------------------------------------------------Time
Type:------------------------------------------------------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
Keywords: Citi, Deerfield Beach , LATAM (ex-Mexico) Controls & Compliance Project Coordinator - Assistant Vice President, Executive , Deerfield Beach, Florida
Didn't find what you're looking for? Search again!