Citibank

Senior Auditor - Market Risk, AVP

Recruiter
Citibank
Location
London, Greater London, United Kingdom, United Kingdom
Salary
Competitive salary
Posted
19 Sep 2021
Closes
07 Oct 2021
Ref
21299742
Approved employers
Approved employer
Business Unit Overview:

Internal Audit (IA) is a global organization Citi's global businesses and service to clients and customers in over 180 countries. Citi's internal audit division provides independent assessments of the company's governance, risk management and internal control environment for key stakeholders including the Board of Directors, senior management and Citi's numerous regulators globally. Internal Audit is a change agent within Citi aimed to enhance the control culture of Citigroup worldwide and thereby support senior management decision making around the globe.

Role Overview:

Citigroup's Market Risk function is a component of the company's Independent Risk Management Organization. Market Risk is tasked with providing an independent set of controls over the risks that are entered into by the Citi Trading and Investment businesses. This includes oversight of the governance, measurement and monitoring of risks.

This role participates in the timely delivery of high quality, value added assurance and audit reports for a portfolio of business activities, which meet the requirements of the Boards of Citigroup and Citibank, their affiliates and of Citi's respective regulators, globally. Market Risk is a control function which has the responsibility to measure and monitor the market risks taken by Citi's sales and trading businesses and its investments portfolio. The Market Risk audit team will monitor and audit the controls and processes and regulatory requirements which guide the Market Risk teams.

The candidate will support the IA Market Risk team in London, and as a member of the Risk Audit Team, the individual will work on the execution of Market Risk audits, Business Monitoring, Regulatory and IA issue validation tasks. The individual will be expected to leverage the product/functional expertise of the Global IA Market Risk team and will be execution focused.

Key Responsibilities:
  • Support the strategic development and implementation of Market Risk audits within the IA function.
  • Continue to build on understanding of the market risk Concepts and the emerging risks.
  • Contributes to the development of audit processes improvements.
  • Applies solid understanding of how internal audit collectively integrates with line management and control functions to accomplish the objectives of the function and overall business.
  • Completes assigned audits within budgeted timeframes, and budgeted costs.
  • Monitors the risk environment and assesses the emerging risks through the Business Monitoring process.
  • Recommends appropriate and pragmatic solutions to risk and control issues.
  • Applies knowledge of key regulations to influence audit scope.
  • Develops relationships through IA and the business to understand the different areas of Risk Management and Internal Audit.
  • Pro-actively develops automated routines to help focus audit testing.


Expereince / Competencies:
  • BS/BA degree or equivalent combination of education/experience.
  • Experience in a related role with experience in Market Risk business or Internal Audit function, with proven abilities in taking responsibility for issuing to stakeholders high quality deliverables according to strict timetables.
  • Understanding of Market Risk concepts.
  • 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 management.


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 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

Similar jobs

Similar jobs