Product Controls Senior Analyst - Audit and Exam Management

Location: Mumbai Maharashtra India, India

**Role Summary:**

The C12 Assistant Vice President, Audit Prep and Regulatory Review Management team, is a key individual contributor or team lead responsible for supporting the execution of Business and function specific Audit Prep and Regulatory Review Management activities. This role involves performing detailed quality reviews, supporting project execution, and ensuring adherence to established policies and standards for issue resolution and audit and regulatory stakeholder engagement. The Assistant Vice President will apply their analytical skills to support root cause analysis, assess control performance, and contribute to the overall effectiveness and sustainability of Business and function specific Audit Prep and Regulatory Review Management, directly impacting the strengthening of Citi's control environment. This includes interpreting audit and regulatory expectations and translating them into actionable plans to strengthen the control environment.

**Responsibilities:**

• Conducts detailed quality reviews of Audit Prep and Regulatory Review Management documentation, root cause analyses, remediation plans, and control assessment evidence, ensuring accuracy and completeness.
• Supports the execution of initiatives within the Audit Prep and Regulatory Review Management by providing analytical input that enhances processes and controls.
• Collaborates with business partners and functional teams to gather necessary information, clarify remediation details, and ensure adherence to issue management policies and standards for Audit Prep and Regulatory Review Management.
• Identifies and analyzes issue trends and insights to support broader remediation efforts and process improvements for Audit Prep and Regulatory Review Management.
• Reviews new or enhanced controls and one-time actions within corrective action plans, evaluating their design and effectiveness.
• Identifies potential process inefficiencies or control gaps related Audit Prep and Regulatory Review Management and proposes solutions to management.
• Maintains a strong understanding of relevant policies, standards, and regulatory expectations related to issue management and internal audit.
• May provide guidance to junior analysts, including oversight of daily tasks and project contributions.
• Upholds Citi's ethical standards and reputation by ensuring compliance with applicable laws, rules, and regulations, and escalating control issues transparently.
• Prepares reports and presentations on Audit Prep and Regulatory Review Management review findings and remediation status for various stakeholders.
• 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, as well as effectively supervise the activity of teams and create accountability with those who fail to maintain these standards.

**Qualifications:**

• 8+ years of experience in operational risk management, compliance, audit, regulatory or other control-related functions in the financial services industry.
• **Understanding of compliance laws, rules, regulations, and corporate Policies and Standards; experience of Wholesale Credit Risk (WCR) policies and processes is a must.**
• Strong analytical, organizational, and problem-solving skills, with meticulous attention to detail.
• Strong knowledge in the development and execution of control testing workpapers and testing evidence collection.
• Ability to work effectively in a team environment and collaborate with various stakeholders.
• Good understanding of risk and control frameworks and their practical application.
• Capable of working independently on assigned tasks and managing multiple priorities.
• Excellent written and verbal communication skills for clear and effective documentation and interaction.
• Familiarity with Citi's internal audit and regulatory issue management processes and systems is a plus.
• Demonstrates initiative in identifying areas for improvement and contributing to solutions.

**Education:**

Bachelor's/University degree

## **Job Family Group:**

Controls Governance & Oversight

## **Job Family:**

Cross-disciplinary Controls

## **Time Type:**

Full time

## **Most Relevant Skills**

Please see the requirements listed above.

## **Other Relevant Skills**

For complementary skills, please see above and/or contact the recruiter.

*Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.*

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