Regulatory Engagement Specialist
7 days ago
Serve as a senior officer responsible for coordination of regulatory interaction activities with regulators and internal stakeholders for Citigroup Inc. This is a role to support regulatory engagement actions with particular focus on interaction flows, including dissemination, record handling, and tracking responses.
Key Responsibilities
Manage interactions with regulators and internal stakeholders, including working with businesses and functions involved in regulatory engagement, negotiating scope and timing of regulatory requests, monitoring requested data aggregation and coordinating and attending regulatory meetings. Maintain regulatory interaction records in the centralized repository where regulatory interactions are recorded, relevant documents are stored and previous regulatory and supervisory findings are memorialized. Provide updates to management regarding matters being handled, including collection, tracking and resolution of queries, providing support with review of materials requested to ensure completeness and responsiveness of submissions and timely escalation and resolution of potential issues. Communicate extensively and develop effective relationships with agencies supervising Citigroup Inc., with primary focus on the Joint Supervision Team. Collaborate with internal stakeholders to provide guidance on regulatory matters and continually enhance the framework to identify, assess, control and monitor regulatory communication. Support monitoring of identified regulatory issues to ensure concerns are communicated, responsibility assigned and tracked to closure. Steward drafting of regulatory response letters and coordinate involvement of relevant internal stakeholders on development of Corrective Action Plans and associated target dates. Support regulatory exam coordination where required for inspections and reviews.
Development Value
The position provides exposure to a wide scope of regulatory engagement activities with frequent interaction involving supervisory authorities, senior management along with business and functional lines.
Knowledge/Experience:
- Experience in risk management, project management, audit, compliance or other control related function in a financial services firm.
- Professional experience engaging with regulators, in particular banking supervision.
- Excellent project management and organizational skills.
- Experience with sensitive and/or confidential information.
- Data management and reporting experience.
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