Audit Manager - VP

  • Competitive
  • London, England, United Kingdom
  • Permanent, Full time
  • Citi
  • 20 May 19

Audit Manager - VP

  • Primary Location: United Kingdom,England,London
  • Education: Bachelor's Degree
  • Job Function: Audit
  • Schedule: Full-time
  • Shift: Day Job
  • Employee Status: Regular
  • Travel Time: No
  • Job ID: 19017574


Function background/context:

Internal Audit is a global organization of over 1400 professionals covering Citi's global businesses and service to clients and customers in over 180 countries. Citi's Internal Audit division provides independent assessments of the company's governance, risk management and internal control environment for key stakeholders including the Board of Directors, senior management and Citi's numerous regulators globally. Internal Audit is a change agent within Citi aimed to enhance the control culture of Citigroup worldwide and thereby support senior management decision making around the globe.

Job Purpose:

This role participates in the timely delivery of high quality, value added assurance and audit reports for a portfolio of business activities, which meet the requirements of the Boards of Citigroup and Citibank, their affiliates and of Citi's respective regulators, globally.

The role will be a VP in Conduct and Supervision team which is part of Regulatory Initiatives and Centralized Markets functions audit team and will be a key contributor to the completion of the audit plan, participating in the planning and execution of risk based audits, ongoing business monitoring and risk assessment of assigned business entities, with a primary focus of conduct and supervision for ICG Markets business units.  The candidate is expected to have a relevant audit experience and understanding of ICG Markets businesses and associated conduct and supervision risks in a financial institution and be willing to learn quickly and partner with more senior members of the team to identify and assess the design and operating effectiveness of controls.

Key Responsibilities:

• Applies solid understanding of internal audit standards, policies, and key regulations to provide timely audit assurance.
• Contributes to the development of audit processes improvements.
• Applies solid understanding of how internal audit collectively integrates with line management and control functions to accomplish the objectives of the function and overall business.
• Leads moderately complex audits related to ICG Markets businesses covering conduct and supervision, as well as electronic trading, project/program management in accordance with corporate methodologies and professional standards, including drafting of audit reports, presenting issues to the business and discussing practical solutions.
• Leads and completes assigned audits within budgeted timeframes, and budgeted costs.
• Monitors the risk environment and assesses the emerging risks through the Business Monitoring process.
• Recommends appropriate and pragmatic solutions to risk and control issues.
• Applies knowledge of key regulations to influence audit scope.
• Develops effective line management relationships to ensure strong understanding of the business.
• Pro-actively develops automated routines to help focus audit testing.


Knowledge, skills and experience required:

• BS/BA degree or equivalent combination of education/experience.
• CPA and other internal audit related qualifications are an advantage.
• A solid business understanding of conduct and supervision risk across Markets businesses, understanding of risks associated with electronic trading,  regulatory and compliance risks, especially those associated with ICG Markets businesses in a large financial institution (on the audit or business side).
• Intermediate level experience in a related role with experience in business, functional and people management, with proven abilities in taking responsibility for issuing to stakeholders high quality deliverables according to strict timetables.
• Effective negotiation skills, a proactive and 'no surprises' approach in communicating issues and strength in sustaining independent views. 
• This individual must be an articulate and effective communicator, both orally and in writing, with an energetic and approachable style.
• Strong interpersonal skills for interfacing with all levels of internal and external audit and management

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 organisational success.

Citi is an Equal Opportunities Employer