Director, IA Transformation Annual Assessment
Posted on: September 17, 2022
Citi, the leading global bank, has approximately 200 million
customer accounts and does business in more than 160 countries and
jurisdictions. Citi provides consumers, corporations, governments
and institutions with a broad range of financial products and
services, including consumer banking and credit, corporate and
investment banking, securities brokerage, transaction services, and
wealth management. Our core activities are safeguarding assets,
lending money, making payments and accessing the capital markets on
behalf of our clients.
Citi s Mission and Value Proposition explains what we do and Citi
Leadership Standards explain how we do it. Our mission is to serve
as a trusted partner to our clients by responsibly providing
financial services that enable growth and economic progress. We
strive to earn and maintain our clients and the public s trust by
constantly adhering to the highest ethical standards and making a
positive impact on the communities we serve. Our Leadership
Standards is a common set of skills and expected behaviors that
illustrate how our employees should work every day to be successful
and strengthens our ability to execute against our strategic
Diversity is a key business imperative and a source of strength at
Citi. We serve clients from every walk of life, every background
and every origin. Our goal is to have our workforce reflect this
same diversity at all levels. Citi has made it a priority to foster
a culture where the best people want to work, where individuals are
promoted based on merit, where we value and demand respect for
others and where opportunities to develop are widely available to
Citi Internal Audit (IA) is a dynamic global function of over 1,600
professionals located across more than 60 countries, covering
Citi's global businesses and service to clients and customers
through its network in 98 countries. Through a culture of
continuous improvement, Citi IA is focused on maintaining its
position as a best in class IA function and is committed to
investing in people, learning and development, innovation and
The Internal Audit mission is to provide independent, objective,
reliable, valued and timely assurance to the Board, senior
management and regulators of Citigroup and Citibank (and its
subsidiaries), over the effectiveness of culture, ethical conduct,
governance, risk management, and controls that mitigate current and
evolving risks and to enhance the control environment.
The function is made up of multiple teams covering each of Citi s
product and functional areas, as well as dedicated teams for IA
Operations, IA Innovation and IA Quality Assurance.
The IA Transformation team is a central team within IA, reporting
to the Chief Auditor for Citibank, N.A., focused on oversight of IA
s review of the Firm-Wide Transformation initiatives. This team is
accountable for oversight, coordination and direction within IA to
enable consistent and timely review of Transformation initiatives
by developing and maintaining strong working relationships with
Internal Audit Product/Functions team(s), Business & Functions
Risk/Control, Program Leads and Citi s CAO Transformation team. The
team is also responsible for effective check and challenge, driving
consistency, developing templates and design principles for IA to
review Transformation, structuring and resourcing needs,
coordination, aggregation, and reporting from an IA perspective of
the Citi Transformation Program.
- Citi Firm-Wide Transformation Annual Assessment: Coordinate and
execute IA wide processes for the Annual Progress Report as
required by the OCC Consent Order.
- Review of Transformation program workstream(s) progress of the
Citi Firm-Wide Transformation efforts, including ensuring that IA
Program teams have clearly identified the required roles and
responsibilities and have appropriately identified, and are
engaging, all relevant Citi stakeholders with appropriate
- Strategize, direct and scope the Annual Assessment, in
accordance with IA standards, Citi policies, and regulatory
standards. Responsible for providing valued and timely independent
assurance on the progress of the Citi Firm-Wide Transformation
- Coordinate with the CAO Transformation Team workstream leads
and Internal Audit Product/Functions Team as needed.
- Identify and address program resource constraints in
collaboration with IA partners.
- Internal Stakeholder Management: Develop and maintain strong
working relationships with Internal Audit Product/Functions Team,
Business & Function Risk/ Control Leads, Program Leads, and Citi s
CAO Transformation workstream Team.
- Proactively interact with Transformation workstream teams to
provide credible challenge and positively influence Citi culture,
ethical conduct, governance, risk management and control
- Regulatory Relationship Management: Support the Transformation
CA in managing IA s regulatory relationships resulting in
constructive 2-way dialogue, trust in the IA function and general
reliance being placed on IA s work around Citi Transformation. Meet
specific regulatory requirements relating to IA whilst following
the standard IA coverage model to the greatest extent
- IA team - Attract, develop, motivate and retain a highly
diverse and effective IA team. Work with the global IA team, to
maximize the efficiency and effectiveness of IA resources, taking
into consideration the costs and experience of local and global
auditors as well as leveraging different audit approaches and
innovative audit tools. Identifies and develops talent providing
long term career opportunities within IA and other parts of
- 15+ years of progressive business, audit, accountancy or other
broad relevant experience, preferably including the regional market
and regulatory environment.
- Executive presence and expert in building and maintaining
strong open relationships with executive stakeholders, working as a
partner, exerting influence and providing credible challenge in a
- Advanced understanding of culture, ethical conduct, governance,
risk management and control frameworks in leading international
- Ability to quickly comprehend the true risks of complex global
issues, escalate to the appropriate level and provide advice on
pragmatic commercial solutions.
- Thought leader in current IA best practice, innovative IA
developments and leading the design and delivery of quality risk
based forward looking audit plans. Experience of successfully
managing major transformational projects.
- Outstanding performer, open minded, resilient, agile,
energetic, self-starter, articulate and empathetic whilst being
confident to deliver opinions to bring about positive
- Proven and progressive business, audit, accountancy or other
broad relevant experience, preferably including the market and
- Strong leadership skills including a track record of
identifying and developing world class talent. Experienced in
leading large dispersed professional teams.
- Educated to degree level or holder of a relevant professional
qualification (e.g. CA, CPA, ACA or CIA).
Job Family Group:
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
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
View the EEO Policy Statement .
View the Pay Transparency Posting
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, Tenafly , Director, IA Transformation Annual Assessment, Accounting, Auditing , Emerson, New Jersey
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