Equities Compliance Product Director

About the role

Serves as a senior function/business/product compliance risk manager for Independent Compliance Risk Management (ICRM) responsible for establishing internal strategies, policies, procedures, processes, and programs to prevent violations of law, rule, or regulation and design and delivery of a risk management framework that maintains risk levels within the firm's risk appetite and protects the franchise.

Responsibilities

• Provides compliance coverage across our Equities business offering.
• Provides compliance guidance on laws, rules and regulations relating to operational issues, transactional guidance, need and implementation of controls, and the application of internal compliance policies for day-to-day activities.
• Directs the design, development, delivery and maintenance of best-in-class Compliance, programs, policies and practices for Equities ICRM.
• Oversees the assessment of complex issues, structures potential solutions and drives effective resolution with other stakeholders.
• Provides advice to the Equities business on an ongoing basis on new initiatives, new products, acquisitions, and client-related matters with respect to applicability of policies, resolution of potential red flags or other client/transaction-related compliance escalations.
• Represents Citi on critical regulatory matters as required. Serves as liaison with regulatory examiners, Internal Audit, and external auditors on critical Compliance issues and oversees the implementation of related remediation.
• Collaborates with other internal areas including: Legal, Business Management, Operations, Technology, Finance, other Control Functions, and In-Business Risk to address compliance issues which may impact the assigned business/product.
• Supports the function/business/product in performing timely compliance reviews of new transactions and/or products.
• Manages ICRM initiatives as required, such as the implementation of new Compliance systems, controls, and related project management work efforts.
• Assists in the development and administration of Compliance training for the assigned business/product/function.
• Oversees the monitoring and identification of regulatory developments, including enforcement actions, and new laws, regulations, rules, and interpretations or guidance relating to the business/product/function supported.
• Analyzes and scoping the impact including applicability of new and complex regulatory developments across the assigned business/product/function, including cross-border impact.
• Assists in the establishment of ICRM policies, procedures and controls to comply with these new or changed laws and regulations.
• Participating in industry groups and trade association working groups or other forums.
• Additional duties as assigned.

Qualifications

• Highly motivated, strong attention to detail, team oriented, organized.
• Excellent written, verbal and analytical skills.
• Strong communication and interpersonal skills; strong presentation skills with the ability to articulate complex problems and solutions through concise and clear messaging.
• Ability to interact and communicate effectively with senior leaders.
• Significant knowledge and expertise of Equities Compliance laws, rules, regulations, risks and appropriate controls, including but not limited to EMEA MAR, SEC 15c3-5, and Global Short Sale regulations.
• Experience in the design and implementation of Compliance programs.
• Demonstrated ability to assess complex issues through root cause analysis and other analytical techniques; structure potential solutions; drive to resolution with senior stakeholders, including appropriate recommendations related to systematic controls.
• Ability to influence and coordinate with people across cultures at a senior level using sound judgment and successful execution, understanding how to operate effectively across diverse Business.
• Experience with and previous exposure to internal or external control functions and regulators.
• Strong track record of effectively assessing and managing competing priorities.
• Comfortable navigating complex, highly-matrixed organizations.
• Comfortable acting as an agent for positive change with agility and flexibility.
• Effective negotiation skills, a proactive and 'no surprises' approach in communicating issues and strength in sustaining independent views.