Audit Director - Institutional Clients Group (ICG) Technology - Equities and Securities Services

New York, USA
Jan 22, 2021
Feb 06, 2021
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
The Audit Director is a senior level management position responsible for contributing to the strategic direction of Citi's Internal Audit (IA) function, in coordination with the Audit team. This role is also responsible for managing multiple teams of professionals. The overall objective of this role is to direct Audit activities that support a subset of a product line, function, or legal entity at the global or regional level, in accordance with IA standards, Citi policies, and local regulations. As such the role will focus on coverage of business applications supporting the Equities and Securities Services businesses within ICG.

Functionally, this role is responsible for directing technology audit assurance deliverables that support the Equities and Securities Services (ESS) business that have evolved and grown significantly in size and scope. The role will require the management of risk assessments and audit delivery for business applications supporting the ESS businesses within ICG. This will be accomplished by either auditing business applications on a standalone basis or by conducting fully integrated audits with the product audit teams. This encompasses providing objective risk based independent assurance with respect to the design and operating effectiveness of controls associated with applications that support critical business processes in the ICG. This role will also require significant interaction with key stakeholders (e.g. Chief Auditors for Equities and Securities Services and Global Technology Heads. This role will provide core insights for meetings with regulators.

In addition, the role will oversee coverage of businesses engaged in electronic trading (also known as Low Touch Algorithmic) activities within the Equities and Futures product areas. Usage of electronic trading continues to be a strategic area that continues to grow in size and complexity whereby requiring robust oversight and an evolving risk controls framework to govern these activities within the risk appetite of the Firm and expectations of Regulators.

Some Key Responsibilities:
  • Deliver multiple current audits to specification, and ensure the delivery of audit reports are complete, insightful, timely, error free and concise
  • Contribute to the delivery of reports outlining IA's contributions, and oversee audit's coverage and reporting on common high risk areas
  • Provide independent assurance on the design and operating effectiveness of an area, at a global or regional level
  • Ensure timely delivery of comprehensive regulatory and internal audit issue validation, including issues arising from other external parties
  • Ensure IA meets/exceeds expectations, and support and drive the IA Transformation Program and IA's and management's efforts
  • Improve the identification, measurement, management, reporting and controls in governance, risk and control environments
  • Support and endorse the Quality Assurance (QA) function of IA, and resolve issues found by QA, improving audit processes and coverage
  • Ensure the adoption of Citigroup and Citibank Audit Committee Charters and the IA Charter, and engage in internal/external negotiations
  • Oversee various tasks to build the audit team, including recruiting staff, developing and training the team, and managing the budget
  • 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 behaviour, 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.

Knowledge, skills and experience required:

This position requires strong leadership and management skills working with multi-disciplined teams and direct ownership for delivery of business applications audits supporting the Equities and Securities Services businesses.
  • Extensive years of experience in a related role
  • Certified Information Systems Auditor (CISA) or equivalent required
  • Related certifications (CPA, ACA, CFA, CIA, CISA or similar) preferred
  • Demonstrated success in business, functional and people management
  • Consistently demonstrates clear and concise written and verbal communication
  • Demonstrated ability to remain unbiased in a diverse working environment
  • Effective negotiation skills
  • Bachelor's degree/University degree or equivalent experience
  • Master's degree preferred.

Exceptional candidates who do not meet these criteria may be considered for the role provided they have the necessary skills and experience.

Valuing Diversity:
Demonstrates an appreciation of a diverse workforce. Appreciates differences in style or perspective and uses differences to add value to decisions or actions and organizational success.

Citi is an Equal Opportunities Employer

Job Family Group:
Internal Audit

Job Family:

Time Type:
Full time

Citi is an equal opportunity and affirmative action employer.

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.

Citigroup Inc. and its subsidiaries ("Citi") invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi .

View the " EEO is the Law " poster. View the EEO is the Law Supplement .

View the EEO Policy Statement .

View the Pay Transparency Posting

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