Job Summary

Regulatory Engagement (RET) Senior Manager

Belfast | | Commercial Banks, Retail Banks

Recruiter: Citigroup

Serves as a senior manager for the Chief Administrative Office (CAO)’s Regulatory Exam Management & Oversight team responsible for the promotion, support, monitoring and reporting on Citi’s interactions with its regulators, including queries arising in the normal course of business outside of specific examinations, and managing supervisory examinations, within the EMEA region.Key Activities include:Participating in the execution of 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 product and function coverage teams, in order to partner to develop and apply program solutions that meet business and customer needs in a manner consistent with the Citi program framework.Managing a specialized team of professionals responsible for Regulatory Correspondence handling within the EMEA region. Oversight for compensation, performance appraisals, staff development, training, etc.Driving quality and consistency in regulatory correspondence handling in EMEA by managing and tracking regulatory engagement information flows centrally in Citi’s Regulatory Event Tracking (RET) system.Monitoring the full lifecycle of identified regulatory issues ensuring that concerns are communicated, assigned responsibility, and tracked to resolution.Maintaining the centralized repository where documents are stored including previous regulatory and supervisory findings, reports and similar documents.Coordinating interactions with designated regulators within the EMEA region, including but not limited to: assisting in providing oversight for supervisory examinations and be a central contact for regulators; coordinating and managing events related to examinations and continuous monitoring, including working with businesses and functions in negotiating scope and timing of reviews, monitoring requested data aggregation and coordinating and attending regulatory meetings with control functions and business unit personnel; and collaborating with Business Heads to provide guidance on regulatory matters and continually enhancing the framework to identify, assess, control, and monitor regulatory communication.Providing regular updates to management (including prepare business personnel for meetings with regulators) regarding the matters being handled, including, but not limited to, collection, tracking and resolution of queries, review with the area under examination the materials requested to ensure completeness and responsiveness of submissions, and the timely escalation and resolution of potential issues.Communicating extensively (orally and in writing) and developing effective relationships with regulators.Establishing and developing effective relationships within the EMEA region with Citigroup senior management, front line, second line (including independent risk, finance, HR, and Legal), Internal Audit to obtain information / documentation to respond to regulatory requests proactively and on time with quality.Analyzing and summarizing information/documentation responsive to regulatory requests.Identifying mitigating facts and circumstances (as applicable) to respond to potential issues identified during the examination, pre-exam sessions and post exam sessions.Monitoring the full lifecycle of identified regulatory issues ensuring that concerns are communicated, assigned responsibility, and tracked to resolution.Maintaining the centralized repository where documents are stored and previous regulatory and supervisory findings, reports and similar documents.Stewarding the drafting of the firm’s Response Letters and coordinating involvement of relevant internal stakeholders such as Technology and Internal Audit on the development of Corrective Action Plans and associated target dates.Additional duties as assigned.Qualifications:Knowledge of EMEA Compliance rules, regulations, risks and typologiesExperience with or previous exposure to internal control functions and regulators within the region, and in particular banking regulators Must be a self-starter, flexible, innovative and adaptiveStrong interpersonal skills with the ability to work collaboratively and with people at all levels of the organizationStrong written and verbal communication and interpersonal skills Ability to both work collaboratively and independently; ability to navigate a complex organizationAdvanced analytical skillsAbility to both work independently and collaborate with team membersExcellent project management and organizational skills and capability to handle multiple projects at one timeProficient in MS Office applications (Excel, Word, PowerPoint)     Demonstrated knowledge in area of focusEducation/Relevant Experience:Bachelor’s degree; experience in compliance, legal or other control-related function in the financial services firm, regulatory organization, or legal/consulting firm, or a combination thereof; experience in area of focus; previous experience managing staff-------------------------------------------------Job Family Group: Compliance and Control-------------------------------------------------Job Family:Regulatory Liaison & Exam Management------------------------------------------------------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 Accessibility at Citi.View the "EEO is the Law" poster. View the EEO is the Law Supplement.View the EEO Policy Statement.View the Pay Transparency Posting More

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