Job id : 3164
Compliance Officer Testing Quality Control
   CITI INDIA        Chennai
  3 years ago      94 Applied
Job details

Job Type

  Full Time

Functional Area



Banking/Financial Services/Insurance


B.Tech/B.E-Computers Science

Experience Required

  1 - 5 Yrs

Skills Required

   QAC ,Testing

Job Description
Citi Compliance has many responsibilities related to managing the bank’s risk to ensure adherence with compliance requirements. One of the main responsibilities is to perform compliance audits in order to measure the various businesses’ adherence to banking laws, regulations, and internal policies. Within Compliance, these compliance audits are referred to as Compliance Tests or Reviews. These Reviews need to be performed with a certain level of quality to meet specific internal standards. This job/position is part of the Quality Control team responsible for establishing the Testing Standards, training team members on the Testing Standards, and then measuring their adherence to the Testing Standards by performing quality control assessments. Some of the responsibilities include, but are not limited to: • Perform Quality Control assessments globally to evaluate Compliance Reviews over banking laws, regulations, corporate policies, and related control practices to ensure adherence with the Global Compliance Testing Standards • Instructing and coaching individual Compliance Testing management and staff in risk assessment methodologies, evaluating control design, designing test objectives, test execution, evidence evaluation, workpaper practices, and Report writing based upon the lessons learned from QC results and improvement actions needed for Compliance Testing practice • Draft Compliance Review programs for all aspects of Compliance Testing including credit cards, mortgage lending, and retail banking • Support efforts to update and maintain new Citigroup policies, standards, and “compliance test” training programs, based upon an ability to • Understand banking laws and regulations and properly correlate control requirements needed to ensure adherence • Define test step objectives, perform “Compliance Review” planning, execute test methodologies, and draw proper conclusions from evidence gathered • Develop audit and testing methodologies, including interviews, observations, analytics, re-performance, walk-throughs, and attribute sampling Additional responsibilities may include, but are not limited to: • Having sufficient knowledge of Citi’s Global Compliance Testing Standards and related GLMS Training programs in order to measure the Compliance Testing Reviews against those requirements • Participating on periodic global QC committee meetings to provide feedback and share the results of their region • Providing training to the Compliance Testing team members for their respective region based upon the results of their quality control work within a reasonable time period reinforcing Testing Standards and corresponding training course materials • May also be required for a conduct assessment of QC work performed by their peers in another regions • Work paper quality control assessment experience and an ability to perform audit flowcharting • Experience in instructing Testing team members on making corrections to workpapers and supporting documentation • Knowledgeable and capable of analyzing the execution of various compliance and control tests • Work collaboratively with the Compliance Testing members and other Risk and Control partners, providing compliance testing feedback and guidance related to proper documentation and testing practices • Strong communication and influencing skills during coaching processes with Testers • Strong Microsoft Word, Excel, Visio and Powerpoint skills for writing reports, presentations and performing data analysis • Self-starter and organized and have the ability to work independently, with minimal supervision • BA/BS or equivalent required • 1.5 + years of audit related experience preferred • 3+ years related Compliance, Audit and/or Control oversight work experience required for consumer banking or institutional banking • Preferred CPA, CFE, CIA or similar designation • Possible CRCM or strong knowledge of banking regulations