• Competitive
  • Sydney, New South Wales, Australia
  • Permanent, Full time
  • Citi Australia
  • 22 Apr 18

Compliance Officer - TTS & Corporate and Investment Banking

Compliance Officer - TTS & Corporate and Investment Banking

  • Primary Location: Australia,New South Wales,Sydney
  • Education: Bachelor's Degree
  • Job Function: Compliance and Control
  • Schedule: Full-time
  • Shift: Day Job
  • Employee Status: Regular
  • Travel Time: No
  • Job ID: 18023178


The purpose of the role is to ensure that the Corporate and Investment Banking (CIB) and Trade and Treasury Solutions (TTS) business areas in Australia maintain a high standard of regulatory compliance and assist in effectively managing franchise wide risk. The role will assist managing the independent compliance risks associated with both businesses by:
Providing compliance and regulatory advice and independent oversight in respect of the products and services offered by these businesses.
Liaising closely with Business Heads, Business Unit Managers and support functions in delivering independent compliance risk management.
Maintain strong relationships with key regulators, ASIC & RBA with regard to licensed/regulated activity.
Key responsibilities include:
  • Develop and maintain sound working relationships with the business to ensure communication and an effective ICRM;
  • Develop, document and communicate policies and procedures on applicable regulatory requirements as well as internal Citi ICRM requirements;
  • Develop and execute ICRM training programs to the business;
  • Provide timely advice to businesses on legislative and regulatory obligations of the activities conducted within the business i.e. Cash management products (liquidity, receivables, payables and cards),  Trade services and finance (LC's, supplier finance, guarantees) and CIB (M&A advisory and lending arrangements);
  • Liaise and collaborate with industry bodies to keep abreast of regulatory proposals and contribute to industry submissions;
  • Review documentation entered into by the business and review new products proposals of the business;
  • Liaison for ASIC, APRA and RBA where required and be responsible for the carriage of all regulatory investigations and queries as well as keeping the business updated on regulatory developments.
  • Assist, as required, in internal investigations and/or responses to regulatory enquiries and audits/auditor enquiries;
  • Identify areas of non-compliance and recommendations for changes (if any) or enhancements to overall business framework;
  • Identify regulatory/ICRM priorities and issues requiring escalation;
  • Escalate serious issues of non-compliance to Compliance and line management, maintaining a complete record of incidents, investigation and outcomes; and
  • Perform Unit MCA testing and participate in annual MCA ARA ICRM challenge for business MCA discussions;
  • Maintain records of agreed follow up actions and monitor progress to agreed plan;
  • Comply with the ethical standards contained in the Code of Conduct; and
  • Help business units maintain a strong compliance culture and ethical standards; and
  • Help ensure businesses adhere to firm policies and procedures, regulatory and legislative requirements


  • Bachelor of Economics (or related finance degree); and/or Bachelor of Laws
  • At least 8 to 12 years experience in a legal/compliance/regulatory/controls or equivalent role.
  • Experience in Investment Banking compliance role with detailed knowledge of investment banking products, processes and regulatory requirements
Sydney, New South Wales, Australia Sydney New South Wales AU