At a Glance
- Tasks: Lead compliance strategies and ensure adherence to laws and regulations in a dynamic financial environment.
- Company: Join Citi, a global leader in financial services with a commitment to innovation and integrity.
- Benefits: Competitive salary, diverse work culture, and opportunities for professional growth.
- Other info: Be part of a collaborative team driving compliance excellence in a fast-paced industry.
- Why this job: Make a real impact by shaping compliance policies that protect our clients and the firm.
- Qualifications: Experience in compliance or legal roles, strong communication skills, and analytical mindset.
The predicted salary is between 80000 - 120000 £ per year.
Role Overview
Serves as a function/business/product compliance risk officer for Independent Compliance Risk Management (ICRM) responsible for assisting with internal strategies, policies, procedures, processes, and programs to prevent violations of law, rule, or regulation and design and deliver a risk management framework that maintains risk levels within the firm's risk appetite and protect the franchise. In addition, engages with the ICRM Product and Function coverage teams in order to partner to develop and apply CRM program solutions that meet the function/business/product and customer needs in a manner consistent with the Citi program framework.
Responsibilities
- Assisting in the design, development, delivery, and maintenance of best-in-class Compliance programs, policies and practices for ICRM.
- Providing guidance on rules and regulations relating to function/business/product operational issues, as well as providing transactional approvals and interpretation of internal compliance policies.
- Assisting with regulatory inquiries and/or examinations, including coordination with regulators and other parties.
- Collaborating with other internal areas including Legal, Business Management, Operations, Technology, Finance, other Control Functions, and In-Business Risk to address compliance issues that may impact the supported function/business/product.
- Supporting the function/business/product in performing timely compliance reviews of new products.
- Assisting in the development and administration of Compliance training for the supported function/business/product.
- Researching new reform rules and rule changes and implementing policies, procedures or other controls necessary to comply with the rules.
Qualifications
- Knowledge of Compliance laws, rules, regulations, risks and typologies.
- Self-starter, flexible, innovative and adaptive.
- Strong interpersonal, written and verbal communication skills; ability to work collaboratively and with people at all levels.
- Ability to work both collaboratively and independently; navigate a complex organization.
- Advanced analytical skills.
- Excellent project management and organizational skills, capable of handling multiple projects simultaneously.
- Proficient in MS Office applications (Excel, Word, PowerPoint).
- Bachelor's degree; experience in compliance, legal or other control-relevant function in a financial services firm, regulatory organization, or legal/consulting firm; strong working knowledge of function/business/product supported and the related operations and financial requirements.
- Advanced degree preferred.
VP, Compliance Product Officer - Risk & Policy Strategy in Whitehall employer: Citigroup, Inc.
Citi is an exceptional employer that fosters a dynamic and inclusive work culture, prioritising employee growth and development. As a VP, Compliance Product Officer in a leading financial services firm, you will benefit from comprehensive training programs, collaborative teamwork, and the opportunity to engage with diverse internal stakeholders, all while working in a vibrant city environment that encourages innovation and professional advancement.
StudySmarter Expert Advice🤫
We think this is how you could land VP, Compliance Product Officer - Risk & Policy Strategy in Whitehall
✨Tip Number 1
Network like a pro! Reach out to your connections in the compliance and risk management space. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for those interviews! Research the company’s compliance policies and recent regulatory changes. Be ready to discuss how your experience aligns with their needs. We want you to shine, so practice common interview questions and scenarios related to compliance risk management.
✨Tip Number 3
Showcase your skills! Create a portfolio that highlights your achievements in compliance and risk strategy. Include examples of projects you've managed or policies you've developed. This will give potential employers a clear picture of what you bring to the table.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive about their job search. So, get your application in and let’s make it happen!
We think you need these skills to ace VP, Compliance Product Officer - Risk & Policy Strategy in Whitehall
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience in compliance and risk management. We want to see how your skills align with the role of VP, Compliance Product Officer, so don’t hold back on showcasing your relevant achievements!
Showcase Your Communication Skills:Since strong written and verbal communication is key for this role, ensure your application reflects that. Use clear, concise language and structure your documents well. We love a good story, so if you have examples of how you've effectively communicated complex compliance issues, share them!
Highlight Your Analytical Skills:This position requires advanced analytical skills, so be sure to include specific examples of how you've tackled compliance challenges in the past. We’re looking for problem solvers, so show us how you’ve used data to inform your decisions and strategies.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it gives you a chance to explore more about our company culture and values!
How to prepare for a job interview at Citigroup, Inc.
✨Know Your Compliance Stuff
Make sure you brush up on the latest compliance laws, rules, and regulations relevant to the financial services sector. Being able to discuss these confidently will show that you're not just familiar with the basics but also understand the nuances of the role.
✨Showcase Your Collaboration Skills
This role requires working with various teams like Legal, Operations, and Technology. Prepare examples of past experiences where you've successfully collaborated across departments. Highlight your ability to navigate complex organisations and build relationships.
✨Demonstrate Analytical Prowess
Be ready to discuss how you've used your analytical skills in previous roles. Think of specific instances where your analysis led to improved compliance practices or risk management strategies. This will help illustrate your capability to handle the advanced analytical demands of the position.
✨Prepare for Regulatory Conversations
Since you'll be assisting with regulatory inquiries, it’s crucial to prepare for questions about how you’ve handled similar situations in the past. Familiarise yourself with common regulatory challenges and think about how you would approach them in this role.
