The Audit Manager is an intermediate level role responsible for leading complex and critical audits and assessments of Citi’s risk and control environments in coordination with the audit team. The overall objective is to recruit, develop, and manage an effective Internal Audit team, that ensures the firm meets audit standards and regulations in partnership with business leaders and the develop, execute, and evaluate audit plans
Responsibilities:
- Manage Internal Audit Model Risk Management Activities
- Complete assigned audits within budgeted timeframes, and budgeted costs
- Monitor, assess, and recommend solutions to emerging risks
- Contribute to the development of audit processes improvements, including the development of automated routines to help focus audit testing
- Draft audit reports, and present issues to the business while discussing practical cross-functional solutions
- Recommend appropriate and pragmatic solutions to risk and control issues
- Apply understanding of internal audit standards, policies, and local regulations to provide timely audit assurance
- Develop internal audit staff, and provide coaching to team members
- 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 others and create accountability with those who fail to maintain these standards.
Qualifications:
- 8-12 years of relevant experience
- Effective verbal, written and negotiation skills
- Effective project management skills
- Effective influencing and relationship management skills
- Good understanding of Model Development and Model Validation process with at least one modeling area of specialization among Market Risk , Credit Risk, Loss Forecasting , Wholesale, Retail, PPNR , Consumer Valuation, AML , Basel, CCAR , Scenario design and CECL .
- Good understanding of model risk policy/procedure , SR 11/7, SR 15/18, OCC 11/12
- Audit experience is recommended
Education:
- Masters degree from reputed institutes (IIT, ISI ,IISc, TIFR) in the field of Economics/Statistics/Finance/Mathematics or MBA(from IIM, XLRI, ISB) is preferred
This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required
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Job Family Group:
Internal Audit
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Job Family:
Audit
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Time Type:
Full time
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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.
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