Central Compliance5k-8k

Job Purpose:



*Responsible for coordinating the compliance risk management in Core ICRM.



*Work closely with in-country stakeholder in executing the country Compliance Program, consistent with global/regional compliance initiatives, standards and requirements.






Key Responsibilities:






- Local Exam Management



Responsible in protecting the Citi China franchise by providing overall coordinating and facilitating the regulatory exam process. Manage regulatory exam from various local regulators, which among others include serving as main contact for the regulators and liaison with the business/functions, coordinating submission of complete deliverables, coordinating responds on queries and/or potential concerns, manage the administration of timely recording of exam into RET and the regulatory issues into iCAPs, and manage issue closure as targeted that include periodic monitoring and reminder to relevant stakeholders, providing status update to regulator, etc.






· In Country ICRM Adviser for Citi Franchise Wide Policies



Responsible to provide feasible business advisory and support to the growth of business, by ensuring that the franchise is conducting business in an accountable manner under Citi Global standard. Responsible to provide advice to business/functions on the implementation of Citi policies that include Anti Bribery and Corruption including Gift and Entertainment policy, Employee Trading and Outside Directorship & Business Interest Policy (ODBI), Mandatory Absence Policy, Chinese Wall/Information Barriers, etc. Work with Control Room and in-country stakeholder for the Chinese wall design. In addition, also responsible for the quarterly compliance monitoring on ETP, ODBI and Mandatory Absence, Chinese Wall.






· In country MCA Coordinator



Responsible for the management of overall MCA process within in country ICRM, which include providing credible challenge for the Business/Function ARA sessions, performing the quarterly test MCA for ICRM. In addition, also






· Manage GRRITT Process locally



Oversee Local Regulatory Reporting (LRR) management processes within country ICRM, which include coordinate country ICRM to do regular attestation, update ICRM LRR procedures, timely review and submit reports in accordance with regulatory requirements and Citi LRR policy. LRR reports owned among others include: Compliance Annual Plan and Compliance Risk Management Self-assessment report, monthly business report, quarterly compliance report and quarterly corrective action tracking report etc.






· Regulatory Change Management Process (RCP)



Manage the overall regulatory change process from local regulators within country, including monitoring regulations/notices released by local regulators (including China Banking Regulatory Commission, People’s Bank of China, and State Administration of Foreign Exchange etc.) . The responsibility includes ensuring timely identification, dissemination of new or updated regulation to key stakeholders, monitor RCP status, and work with Product ICRM to make sure the timely completeness of RCP items. Provide RCP MIS report to governance committees such as BRCC.






· Regulatory Control Matrix (RCM) Program



Act as country coordinator of RCM Program, coordinate completion of any regional/global initiative related to RCM Program, work with Product ICRM to resolve RCM quality exceptions. Provide advices to Global Function units on matters related to the RCM Program, which include reviewing the adequacy of control and assessment descriptions for Requirements/Rules. Provide RCM updates to governance committees such as BRCC.






· Manage ICRM Governance Reporting Locally (including Dashboard (Atlas))



Manage Compliance updates process for the purpose of in country governance meetings (including Risk Management Committee which is under Board of Citibank (China) Co., Ltd., BRCC, LCC, CTPMSC, RRGC etc.) and prepare Compliance Monthly Report to Regional ICRM. This include among others regulatory exam (e.g. exam status, highlight of potential concern, regulatory penalty etc.). In addition, be responsible in managing the preparation and submission of quarterly business monitoring on country ICRM for Internal Audit. Create country Compliance Monthly Report in Atlas system.






Qualifications:



University degree or above



Teamwork spirit and willing to work under pressure



Good communication skills in both English and Chinese (written and spoken)