Citibank

IA Technology - Data Quality - Audit Director

Recruiter
Citibank
Location
London, Greater London, United Kingdom
Salary
Competitive
Posted
07 Nov 2020
Closes
06 Dec 2020
Ref
20228200
Approved employers
Approved employer
Job role
Accountant
Sector
Digital
Experience level
Director
The IA Technology - Data Quality - Audit Director manages audit teams for delivering the Data Quality audit plan, providing independent third-line assurance that the end-to-end Data Quality processes at Citi have been properly understood, assessed and mitigated via first line programs and second line assurance activities.

Key Responsibilities:

  • Development and completion (and ongoing update) of an effective audit strategy and plan (including budgets) that provides thorough, risk based coverage (including issue validation for regulatory and audit issues) for addressing Data Quality risks across Citi.
  • Development and execution of an Independent end-to-end Data Tracing capability (including approach) that provides assurance over accuracy of critical data in key regulatory and management reports.
  • Working closely with Product, Function and Regional Chief Auditors to ensure delivery of a plan of work that provides assurance over the Data Quality risks.
  • Providing regular updates and briefings on audit perspectives of Data Quality Risks to Senior Management, Board Sub-Committees etc. including an independent opinion on management reporting.
  • Interacting with regulators across the globe to provide updates and briefings on audit perspectives of Data Quality, including Citi's Data Quality Program commitments.
  • Contributes to strategic direction of Citi's Internal Audit (IA) function in the establishment of risk based auditing and branch examinations, which include reporting methodologies, organizational design and effective positioning of the function to ensure provision of independent assurance. This is to be consistent and aligned with Citigroup and Citibank business objectives.
  • Uses excellent communication, leadership and strong management skills to influence a wide range of internal audiences including respective product, function, or regional executive management partners and external audiences including regulators and external auditors. Frequently engages in both internal and external negotiations which will have a major impact on the function, and possibly on the organization as a whole.
  • Directs audit activities supporting a sub set of a product line, function, or legal entity at the global or regional level, in accordance with IA standards, Citi policies, and local regulations. Responsible for providing valued and timely independent assurance on the design and operating effectiveness of a sub set of a product, function, or legal entity at a global or regional level.
  • Responsible for the delivery of high quality, value-added multiple concurrent audits on time and to specification.
  • Ensures the delivery of audit reports and (where appropriate) branch examinations, that are complete, insightful, timely, error free and concise.
  • Ensures timely delivery of high-quality comprehensive regulatory and internal audit issue validation, and where determined appropriate issue validation on other remediation actions, including issues arising from the external auditors, consultants and other parties.
  • Contributes towards the delivery of high impact reports of IA's contributions to executive management, regulators, and Citigroup and Citibank boards' sub-committees, developing trend analyses and thematic reporting.
  • Manages multiple teams of professionals. Recruits staff, develops talent, builds effective teams, and manages a budget. Identifies internal talent and fills key positions, attracts talent with required expertise to meet the risk profile of the business, builds deep bench strength and develops appropriate succession plans.
  • Possesses a broad and comprehensive understanding of multiple disciplines (Audit, Risk, Compliance, and Training) and of different Audit standards, policies and local regulations; applies a broad and comprehensive understanding of high risk areas including Data Quality, Consumer or Investment Banking, corporate functions, technology management; project/program management; or supplier management.
  • Delivers learning and development programs and is a recognized leader in training and developing others.
  • Develops approaches to promote knowledge sharing and promulgate management best practices across Internal Audit and both Citibank and Citigroup.
  • Delivers cost effective and efficient management of audit teams and audit engagements.
  • Ensures IA meets/exceeds the requirements and expectations of Citibank's and Citigroup's regulators.
  • Works closely and collegially within IA and with line management and control functions to ensure efficient and effective provision of independent audit assurance.
  • Collaborates across businesses and functions to improve the identification, quantification, measurement, management, reporting and controls in governance, risk management and internal control environments.
  • Takes responsibility and accountability of audit's coverage and reporting on common high risks areas such KYC, AML, Fraud, Technology, Sanctions, and Consent Orders and other enforcement action compliance.
  • Actively supports and drives the Internal Audit Transformation Program and IA's and management's efforts for Citi to have a "Strong" internal audit function and for Citi to have "Strong" control functions.
  • Fully supports and endorses the Quality Assurance function of Internal Audit and promptly accepts and remediates deficiencies found by QA.
  • Ensures the adoption of the appropriate portions of the Citigroup and Citibank Audit Committee Charters and the Internal Audit Charter for applicable legal entities.
  • Proactively advances integrated auditing concepts. Leverages Internal Audit's Centres of Excellence to improve audit processes and coverage.


  • Qualifications and Competencies

  • BA/BS or equivalent. Related certifications (CPA, ACA, CFA, CIA, CISA or similar) are a plus. Statistical, Computer Science or Computer Engineering qualifications will be an advantage.
  • Understanding of industry best practices and regulatory expectations for Data management (e.g. BCBS 239). Knowledge of data quality software including Big Data (e.g. Paxata, Hadoop) will be an advantage.
  • Advanced level experience in a related role with extensive experience in business, functional and people management, with proven abilities in taking responsibility for executing concurrently on a portfolio of high quality deliverables according to strict timetables.
  • Strong understanding of Data management concepts and ability to effectively communicate risks to senior executives
  • Specific subject matter expertise regarding Data Quality control disciplines.
  • Demonstrated experience in managing teams and managing integrated internal audit and assurance delivery within a matrix reporting environment.
  • A self-aware, self-confident individual who has well developed listening skills, and a strong ability to engage a group of accomplished business unit heads by providing proactive advice on a variety of audit matters while carefully balancing the independent requirements of the IA function.
  • Effective negotiation skills, a proactive and 'no surprises' approach in communicating issues and strength in sustaining independent views. This individual must be an articulate and effective communicator, both orally and in writing, with an energetic, charismatic and approachable style.
  • Strong interpersonal skills for interfacing with all levels of internal and external audit and senior management.
  • Strong leadership skills with a proven track record in managing teams and making a positive impact on the organization.


  • Exceptional candidates who do not meet these criteria may be considered for the role provided they have the necessary skills and experience.

    Valuing Diversity:

    Demonstrates an appreciation of a diverse workforce. Appreciates differences in style or perspective and uses differences to add value to decisions or actions and organizational success.

    Citi is an Equal Opportunities Employer

    Job Family Group:

    Internal Audit

    Job Family:

    Audit

    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

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