GF - Senior Audit Manager (ICG Markets)
- Primary Location: Singapore,Singapore,Singapore
- Education: Bachelor's Degree
- Job Function: Audit
- Schedule: Full-time
- Shift: Day Job
- Employee Status: Regular
- Travel Time: Yes, 10 % of the Time
- Job ID: 18016762
Internal Audit is a global organization of over 1000 professionals covering Citi's global businesses and service to clients and customers in over 180 countries.
Citi's Internal Audit division provides independent assessments of the company's governance, risk management and internal control environment for key stakeholders including the Board of Directors, senior management and Citi's numerous regulators globally.
Internal Audit is a change agent within Citi aimed to enhance the control culture of Citigroup worldwide and thereby support senior management decision making around the globe.
This role directs the timely delivery of complex high quality value added assurance and audit reports for a portfolio of business activities, which meet the requirements of the Boards of Citigroup and Citibank, their affiliates and of Citi's respective regulators, globally.
The role is based in Singapore. The person will work with global and regional ICG personnel to deliver the audit plan for the IA Regulatory Initiatives and Centralized Markets Functions team with a particular focus on Market Conduct Risk related audit coverage.
- Develops and executes a robust Audit Plan, by reviewable entity, for assigned portfolio in accordance with Internal Audit standards, relevant government statutes and regulations and Citigroup and Citibank policies.
- Delivers on time high quality audit reports, Internal Audit and Regulatory issue validation, as well as business monitoring and governance committee reporting.
- Contributes towards the delivery of high impact reports of IA's contributions to executive management, regulators, and Citigroup and Citibank boards' sub-committees, developing trend analyses and thematic reporting.
- Directs complex audit activities for a component of a product line, function, or legal entity at the regional or country level including a portion of the audit annual plan.
- Applies comprehensive expertise in one or more of the bank's businesses and leverages this knowledge into a leadership role in one or more teams.
- Proactively advances integrated auditing concepts and use of technology. Closely follows latest trends in own field and adapts them for application within own job and the business
- Manages a complex and critical unit within Internal Audit, including a team of Internal Audit professionals. Recruits staff, develops talent, builds effective teams, and manages a budget. Possesses a broad and comprehensive understanding of different Internal Audit standards, policies and local regulations; applies a broad and comprehensive knowledge of high risk areas including: Markets; project/program management; regulatory compliance or supplier management.
- Proactively advances integrated auditing concepts. Leverages Internal Audit's Centres of Excellence to improve audit processes and coverage.
- Leads the professional development of Internal Audit staff.
- Develops effective senior line management relationships and has a strong understanding of the businesses.
- Applies an in-depth understanding of the inter-relationships of business and support units throughout the corporation and how they impact the overall control environment and the audit approach.
- Uses excellent communication, leadership and strong management skills to influence a wide range of internal audiences including respective product, function, or regional executive management partners and external audiences including regulators and external auditors. Frequently engages in both internal and external negotiations which will have a major impact on the function, and possibly on the organization as a whole.
- Demonstrates strong judgment, political astuteness, and sensitivity to cultural diversity.
- Possesses strong project management and interpersonal skills, makes sound decisions, exhibiting initiative and intuitive thinking. Consulted often by others for advice and opinions and recognized as a leadership role model.
- Participates in major business initiatives and pro-actively advises and assists the business on change initiatives.
- Frequently involved in matters that require complex judgments and solutions based on sophisticated analytical thought such as identifying solutions for a variety of complex and novel audit control issues. Analyzes reporting findings; Recommends appropriate interventions where needed. Proposes creative and pragmatic solutions for risk and control problems. Partners with Directors and Managing Directors to develop approaches for addressing broader corporate emerging issues.
- Serves as the controller for all types of reviews, including the most complex.
- Reviews and approves Business Monitoring Quarterly Summaries
- Fully supports and endorses the Quality Assurance function of Internal Audit and promptly accepts and remediates deficiencies found by QA.
Qualifications and Competencies
- BA/BS or equivalent. Related certifications (CPA, ACA, CFA, CIA, CISA or similar) are a plus.
- Specific subject matter expertise regarding technology application control disciplines and a strong business understanding of traded products, especially those associated with the Markets businesses (FX, Fixed Income, Money Market, Equities and Research).
- Demonstrated experience in managing teams and managing integrated internal audit and assurance delivery within a matrix reporting environment.
- Effective negotiation skills, a proactive and 'no surprises' approach in communicating issues and strength in sustaining independent views. This individual must be an articulate and effective communicator, both orally and in writing, with an energetic, charismatic and approachable style.
- Strong interpersonal skills for interfacing with all levels of internal and external audit and senior management.
- Exceptional candidates who do not meet these criteria may be considered for the role provided they have the necessary skills and experience.