Senior Audit Manager - Internal Audit - Quality Assurance - Regulatory Issue Validation
Company: Citi
Location: Palmetto
Posted on: June 22, 2022
Job Description:
Job Description SummaryCiti'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 role
involves close liaison with the global audit teams to ensure
appropriate understanding, access to and the correct application of
the IA methodology. With an overall objective to perform 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 ICG IA activity. -The role is based in New York
/ Tampa / Irving, USA and will report to the QA RIV Director
ICG.Job Description Key Responsibilities:
- Operate independently as a QA partner, supplemented by QA
subject matter experts, to provide centralized QA support for key
Regulatory Issue Validation projects across the ICG Internal Audit
(IA) teams.
- Lead QA reviews and provide assurance over the quality of IA's
work via formal QA products including reviews of Issue Validation
strategies and work papers.
- Assist with managing the pipeline of key regulatory projects
requiring QA review; performing and ensuring 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.
- Collaborate with IA Learning & Development to 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 QAD RIV - ICG in fostering a strong QA partnership
with the IA teams, sharing insights and value-added feedback to
audit teams in relation to quality results, best practices, themes
and trends.
- Provide day-to-day support and guidance to the assigned audit
teams on methodology-related matters by leveraging experiencing and
using professional judgement.
- Be a change agent in the continuous improvement program to
deliver and maintain a best in class QA function, sharing best
practices and lessons learned with the IA teams
- Assist with periodic ad-hoc projects (e.g., research and
development of QA specific training).
- Assist the QAD in reviewing key internal QA deliverables and
external deliverables.
- Ability to manage multiple competing priorities and meet strict
deadlines, both internal and external (e.g., regulators).
- Willingness to assist other QADs on an ad-hoc basis to ensure
consistent utilization.Person SpecificationQualifications:
- 10+ 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
- Experience in Regulatory Validations (OCC / FRB)
- Experience in Internal Audit Quality Assurance
- Experience working in or auditing Investment Banking products /
activities and / or Risk & Control areas
- 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, Palmetto , Senior Audit Manager - Internal Audit - Quality Assurance - Regulatory Issue Validation, Executive , Palmetto, Florida
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