Senior Audit Manager (SVP) - Institutional Credit Management (ICM)

Company: Citi
Location: Bergenfield
Posted on: January 24, 2023

Job Description:

The Senior Audit Manager is a senior level position responsible for developing and executing a robust Audit Plan for the Institutional Credit Management (ICM) group. ICM is a newly formed group within Institutional Clients Group (ICG) that is responsible for managing wholesale credit risk (WCR) for all ICG lines of businesses from a 1st line of defense perspective. The ICM Target Operating Model is comprised of Underwriting, Transaction Management, Portfolio Management, Counterparty Exposure Monitoring, Collateral Management, Quality Assurance, Reporting and Technology.

The overall objective of this role is to apply a comprehensive understanding of different Internal Audit standards, to direct complex audit activities for the ICM group at a global, functional and regional levels.

Responsibilities:

• Define the overall audit coverage strategy for ICM focusing on key risks and processes end to end;
• Deliver audit reports, Internal Audit and Regulatory issue validation and business monitoring and governance committee reports
• Lead reviews for all types of reviews, including the most complex, and review and approve Business Monitoring Quarterly Summaries
• Participate in major business initiatives and pro-actively advise and assist the business on change initiatives
• Implement integrated auditing concepts and technology, and follow trends in the Audit field and adapt them for the Audit function
• Identify solutions for a variety of complex and unique control issues, utilizing complex judgement and sophisticated analytical thought
• Analyze report findings, and recommend interventions where needed, proposing creative and pragmatic solutions to risk and control issues
• Partner with Directors and Managing Directors to develop approaches for addressing broader corporate emerging issues
• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency. Qualifications:
  • 10+ years of experience in a related role, including knowledge of wholesale credit risk concepts
  • Related certifications (CPA, ACA, CFA, CIA, CISA or similar) preferred
  • Demonstrated success in business, functional and people management
  • Proven ability to execute concurrently on a portfolio of high quality deliverables according to strict timetables
  • Demonstrated ability to implement continuous improvement and innovation in audit tools and techniques
  • Consistently demonstrates clear and concise written and verbal communication
  • Demonstrated ability to remain unbiased in a diverse working environment
  • Effective negotiation skills Education:
    • Bachelor's degree/University degree or equivalent experience
    • Master's degree preferred -
      
      Job Family Group:
      
      Internal Audit -
      
      Job Family:
      
      Audit
      
      Time Type:
      
      Full time
      
      Primary Location:
      
      New York New York United States
      
      Primary Location Salary Range:
      
      $158,140.00 - $237,200.00
      
      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
      
      -
      
      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 , Senior Audit Manager (SVP) - Institutional Credit Management (ICM), Executive , Bergenfield, New Jersey