Senior Audit Manager - CBNA and Transformation
Company: Citi
Location: Gibsonton
Posted on: January 23, 2023
Job Description:
BackgroundCiti Internal Audit (IA) is a dynamic global function
of over 2,500 professionals located across more than 60 countries,
covering Citi's global businesses and services to clients and
customers through its network in 90+ 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
methodology programs.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.Citibank, N.A. (CBNA or the Bank) is a direct, wholly
owned subsidiary of Citigroup Inc. accounting for approximately 75%
of Citigroup's total assets. The Bank is subject to regulation and
examination by the Office of the Comptroller of the Currency (OCC)
and also by the Federal Deposit Insurance Corporation (FDIC) and
the Federal Reserve Board (FRB). The foreign branches,
representative offices and subsidiaries of CBNA are subject to
regulation and examination by their respective foreign financial
regulators as well as by the OCC and the FRB. In response to the
guidance each of these agencies produces, the support team, under
the CBNA CEO, is responsible for the governance and control
infrastructure for the Bank.The IA CBNA team is a central team
within IA, reporting to the Chief Auditor for Citibank, N.A. This
team will be accountable for oversight, coordination and direction
within IA to enable consistent and sufficient coverage across CBNA
by developing and maintaining strong working relationships with
Internal Audit Product/Functions team(s), Business & Functions
Risk/Control, Program leads and Citi's CBNA Management Team. The
team is responsible for effective check and challenge and driving
consistency, coverage, structuring and resourcing needs,
coordination, aggregation, and reporting from an IA perspective of
CBNA. The IA CBNA team also provides risk-based audit coverage of
Citi's Controls Group (under the CBNA CEO) and the CAO Function.Job
DescriptionThe Senior Audit Manager is a senior level management
position responsible for managing a complex and critical unit
within Internal Audit, in coordination with the Audit team. The
overall objective of this role is to direct complex audit
activities for the IA CBNA and Transformation team.The individual
will be a member of the IA CBNA and Transformation team reporting
to the CBNA Director. In addition to performing audits and
validation work, the Audit Manager will oversee the production of
high quality governance reporting for the CBNA Chief Auditor, drive
Management Information reporting for key stakeholders on audit
information and control environment trends, and lead driving key IA
initiatives, as required.Responsibilities
- Working with product and function Chief Auditors and their
delegates to develop and complete (and keep updated) an effective
audit strategy and plan that provides thorough, risk based coverage
(including issue validation for regulatory and audit issues) for
addressing material risks from a CBNA lens
- Providing regular review and audit oversight over critical
remediation programs and tracking progress
- Effectively reviewing and challenging first and second line
CBNA management assessments
- Working with IA QA team to address any QA findings, regulatory
issues against IA etc.
- Working with IA MI team to analyze audit data in audit systems
from a CBNA perspective; ensuring corrections are made as required,
and following up to ensure errors detected are sustainably
addressed
- Providing regular updates and briefings on audit perspectives
from a CBNA perspective to Senior Management, Board Sub-Committees
etc. including an independent opinion on managements reporting
- Support the CBNA Chief Auditor and CBNA Director in managing
IA's regulatory relationships resulting in constructive two-way
dialogue, trust in the IA function and general reliance being
placed on IA's work around CBNA and Transformation. Meet specific
regulatory requirements relating to IA whilst following the
standard IA coverage model to the greatest extent possible.
- Provide credible check and challenge CBNA defined scope to
ensure it fully addresses supervisory expectations and OCC's
Heightened Standards
- Look across programs and initiatives to identify related and
interdependent elements and provide recommendations, where needed,
for combining or connecting programs and initiatives to achieve
greater effectiveness and efficiency
- Perform end-to-end review and challenge IA Product and
Functions team to confirm quality and adequacy of global CBNA
Coverage
- Proactively interact with IA and CBNA Management team to
provide credible challenge and positively influence Citi culture,
ethical conduct, governance, risk management and control
frameworks.
- Develop and maintain strong working relationships with Internal
Audit Product/Functions Team, Business & Function Risk/ Control
Leads, Program Leads, and CBNA Management 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 the bank.
-Qualifications
- 10+ 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
constructive manner.
- 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
outcomes.
- Proven and progressive business, audit, accountancy or other
broad relevant experience, preferably including the market and
regulatory environment.
- Strong leadership skills including a track record of
identifying and developing world class talent. Experienced in
leading large dispersed professional teams.Education
- Bachelor's/University degree, Master's degree
preferred-------------------------------------------------Job
Family Group: Internal
Audit-------------------------------------------------Job
Family:Audit------------------------------------------------------Time
Type:Full
time------------------------------------------------------Primary
Location:Irving Texas United
States------------------------------------------------------Primary
Location Salary Range:$139,690.00 -
$209,530.00------------------------------------------------------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 .View the
"" poster. View the .View the .View the
-----------------------------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, Tampa , Senior Audit Manager - CBNA and Transformation, Accounting, Auditing , Gibsonton, Florida
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