In-Business Risk 1LOD Regulatory Change Specialist

Discover your future at Citi

Working at Citi is far more than just a job. A career with us means joining a team of more than 230,000 dedicated people from around the globe. At Citi, you’ll have the opportunity to grow your career, give back to your community and make a real impact.

Job Overview

The Regulatory Change Team within the Banking Risk Team plays a crucial role in navigating the regulatory landscape for the Banking & International businesses.

We are seeking a proactive and knowledgeable Regulatory Risk Senior Analyst to support the Banking & International Businesses to interpret regulations (sometimes complex), develop practical implementation strategies and partner with stakeholders across Investment, Corporate and Commercial Banking. Sitting within the First Line of Defence, this role partners closely with Regulatory Leads / Subject Matter Experts and Compliance partners to evidence accurate assessment of applicable regulations.

Responsibilities: 

• Perform Impact Assessments for regulatory changes, promptly addressing the book of work to ensure timely completion of assessments

• Where regulatory changes require Action Plans, facilitate closure of these in collaboration with the appropriate stakeholders and implementation task owners

• Provide support for preparation of key Regulatory Management reports, including but not limited to, the Regulations Management Forum, Governance reporting, and scorecard analysis

• Support design enhancements to, and testing of, the Regulations Management Workflow and Compliance Reporting modules

• Use data analysis tools (e.g. Excel, Tableau) to extract and interpret data to support stakeholder queries & issue resolution

• Critically review the requirements, and challenge applicability of, regulatory changes for the business

• Effectively collaborate and partner with a wide variety of stakeholders to drive discussions within and outside the Regulatory Change Team

• Promote knowledge sharing and best practices across the Regulatory Change Team

• Escalate to management matters that require their attention or action

• Additional duties as assigned

Qualifications: 

• Bachelor's degree or equivalent, with a minimum experience of 6 years in a Compliance, Internal or External Audit, Legal or other control-related function in a financial services firm, regulatory organization, legal/consulting firm, or a combination thereof

• Excellentcommunication,interpersonalandanalyticalskills

• Ability to work effectively in a cross-functional team environment

• Abilitytooperatewithalimitedlevelofdirectsupervision

Education: 

Bachelor's/University degree or equivalent experience

Skills & Competencies:

• Stronganalyticalandproblem-solvingskills

• Excellent written and verbal communication skills

• Ability toinfluenceandnegotiateeffectively

• Proactive and results-oriented

• Strong organizational and time management skills

By joining Citi Hungary, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive compensation package and enjoy a whole host of additional benefits that support you (and your family) to be well, live well and save well:

• Cafeteria Program

• Home Office Allowance (for colleagues working in hybrid work models)

• Paid Parental Leave Program (maternity and paternity leave)

• Private Medical Care Program and onsite medical rooms at our offices

• Pension Plan Contribution to voluntary pension fund

• Group Life Insurance

• Employee Assistance Program

• Access to a wide variety of learning and development programs, online course libraries and upskilling platforms, such as Udemy and Degreed

• Flexible work arrangements to support you in managing work - life balance

• Career progression opportunities across geographies and business lines

• Socially active employee communities with diverse networking opportunities

Alongside these benefits Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day.  We want the best talent around the world to be energized to join us, motivated to stay, and empowered to thrive. 

Sounds like Citi has everything you need? Then apply to discover the true extent of your capabilities. 

#LI-MW2

------------------------------------------------------

Job Family Group:

Risk Management

------------------------------------------------------

Job Family:

In-Business Risk

------------------------------------------------------

Time Type:

Full time

------------------------------------------------------

Primary Location Full Time Salary Range:

10 627 270,00 Ft - 17 818 330,00 Ft

------------------------------------------------------

Most Relevant Skills

Analytical Thinking, Business Acumen, Constructive Debate, Escalation Management, Issue Management, Policy and Procedure, Policy and Regulation, Risk Controls and Monitors, Risk Identification and Assessment, Stakeholder Management.

------------------------------------------------------

Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

------------------------------------------------------

Automated Processing and AI

We use automated processing, including artificial intelligence, for our legitimate business interests (or our reasonable and appropriate business purposes) to identify and align the candidate's skills and abilities with a specific job opening. Additionally, if you so choose, or consent, we can match your skills and abilities to other suitable roles at Citi.

Importantly, all our hiring processes and decisions, including determining your suitability for a role, are conducted, checked, and decided by individuals. Our automated processing and AI do not involve relying on automatic or autonomous decision-making. Please refer to any Jurisdictional Considerations, with specific provisions for your country (where relevant) for further details.

------------------------------------------------------

This job opening is for an existing job vacancy.

------------------------------------------------------

Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.

If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.

View Citi’s EEO Policy Statement and the Know Your Rights poster.