Partner with the Regional Wealth Management Head on defining strategies to uncover risks, monitor governance trends and manage significant issues on the distribution of Wealth Management products: Investments, Deposits, FX. Consult on internal policy and external regulatory changes to identify the potential impact across all 17 markets, requirements for adherence and track implementation
Work with key regional heads across Compliance, Legal, Investment Product Risk and Control functions as well as country Wealth Management teams to continually monitor and enhance the governance framework for WM.
Co-ordinate and conduct the quarterly Regional Investments Supervisory Committee and Regional Consumer Fiduciary Committee meetings. Ensure submission of meeting materials and minutes and tracking of all follow-up items
Manage updates / deliverables to the US Regulators as per defined schedules
Lead the completion and post launch monitoring of the Retail Distribution of Investment Products (RDIP 2.1) implementation across APAC and EMEA markets
Oversee Volcker Policy adherence for both the regional consumer trading desks through regular engagement with regional/global stakeholders and the Volcker Rules Office (VRO) team on reviews / initiatives
Co-author the regional policies on Risk Profiling, Investment Certification, Investment Surveillance, Online Product distribution and US persons. Ensure adherence to the same across markets, review and approve any deviations
Define the key processes and controls pertaining to the distribution of investment products as part of the Regional Consumer Controls Procedures Manual (RCCPM)
Own the regional Manager's Control Assessment (MCA) gold copy for wealth management products to be used by all countries for quarterly self-assessments
Be the regional lead for all governance/control initiatives and regional projects.
Liaise with internal audit on any clarification pertaining to observations and issues raised in country and regional audits
Coordinate with country wealth management product teams, regional control functions and system SMEs to ensure successful implementation of new regulatory / Citi policy requirements
Job Skills & Qualifications:
Bachelor degree with experience in business, finance or economics desirable (MBA or higher education preferred)
12-15 years' professional experience in financial sector with wide investment product and distribution knowledge
Possessing strong analytical, interpersonal and communication skills.
Knowledge of key regulations governing Investment products within Citi and across Asia.
Ability to work effectively in a team setting
Ability to drive tasks through to completion, working closely with stakeholders across functions
Ability to see the "big picture" without losing attention to detail
Flexibility in thought and approach
Internal Number: 4680284
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