Download App | FOLLOW US ON SOCIAL MEDIA
 Upload Your Resume   Employers / Post Jobs 

Banking Attorney in Chicago, IL

Citigroup Inc Jul 28,2014 Jul 15,2014 Location USA Chicago IL
This job is expired...

In-House

Attorney

Finance - Banking

Litigation - Whistleblower - CFTC

Min 5 yrs required

Profile

Compliance Officer- Corporate Compliance Candidate will help support Corporate Compliance's oversight and administration of certain compliance activities associated with bank’s policies and procedures relating to assets owned in satisfaction of debts previously contracted (“DPC Assets”), and other key enterprise banking regulations (“KERs”) (Regulations K, Y) as needed from time to time. Manage the Archer System for DPC Asset tracking across all lines of businesses within group, including: Taking responsibility for the general system control environment; facilitating entitlement approvals; recommending system upgrades/testing; maintaining the contact list; conducting system demonstrations and training; maintaining user manuals; reporting on metrics; and reviewing and advising on associated processes, procedures, and other controls. Coordinate and monitor the quarterly process with approximately 100 attesters across bank’s global businesses: Global Consumer Banking (GCB), Institutional Clients Group (ICG) and Corporate Realty Services (CRS). Lead a DPC Asset Monitoring Forum to gather, troubleshoot and help resolve issues relating to the Archer System. Develop Corporate Compliance Group (CCG) procedures to harmonize prior decentralized procedures and establish best practices. Partner with other members of CCG to help ensure accurate and timely reporting of DPC Assets to federal regulators. Contribute, develop or review business requirement documents (BRDs) for Archer System enhancements, including an initiative to establish “dunning notices” for delinquent managers of DPC Assets who are approaching regulatory deadlines (expiration of the approved holding period). Identify/investigate unusual trends or activity that can be indicative of potential compliance risks and communicate/escalate as necessary, including recommending practical solutions to compliance issues. Help responsible businesses and functions in the drafting of policies and procedures that properly incorporate the use of the Archer System. Assist in the performance of the Compliance Annual Risk Assessment (CARA) and support the compliance testing and monitoring framework. Offer advice and guidance on process improvement projects and on ad-hoc basis, provide assistance on other special assignments or projects as-needed, and maintain reports for management.

Qualification and Experience

Candidate should have a Bachelor’s degree. JD, MBA degree is a plus. Strong industry experience of 5+ years, with a background in Risk, Control, Compliance, or O&T support of such functions is needed. Experience with or knowledge of requirements for the Office of the Comptroller of the Currency (OCC) and the Federal Reserve is a plus. Knowledge of applicable US banking laws and regulations is required.

Additional info

Ref: 14037832.

Company info