Audit Manager, Citi

Citi

Location:
Germany, Frankfurt am Main

Category:
Finance

Contract Type:
Employment contract

Salary:

Not provided

Save Job

Apply Position

Job Description:

This role directs 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. Specifically, the primary role will be to provide audit assurance of compliance with European and German regulatory requirements pertaining to Citigroup Global Markets Europe AG (CGME) as an ECB-licensed CRR credit institution/broker-dealer, particularly those relating to Markets as well as to corporate policies and procedures.

Job Responsibility:

Develops and executes a robust Audit Plan, by reviewable entity, for assigned businesses in accordance with Internal Audit standards, relevant government statutes and regulations and Citigroup and Citibank policies
Delivers on time high quality audit reports, Internal Audit and Regulatory issue validation and, where appropriate, branch examinations, as well as business monitoring and governance committee reporting
Manages audit activities for a component of a product line, function, or legal entity at the regional or country level including a portion of the audit annual plan
Applies in-depth level of expertise in one or more of the corporation's businesses and leverages this knowledge into a leadership role in one or more teams
Proactively advances integrated auditing concepts and use of technology
Manages a complex and critical unit within Internal Audit, including a small to medium sized team of Internal Audit professionals
Recruits staff, develops talent, builds effective teams, and manages a budget
Possesses a broad and comprehensive understanding of different Internal Audit standards, policies, and local regulations
Applies a broad and comprehensive knowledge of high-risk areas including those for Markets
Leads the professional development of Internal Audit staff
Develops effective senior line management relationships and has a strong understanding of the businesses
Applies an in-depth understanding of the inter-relationships of business and support units throughout the corporation and how they impact the overall control environment and the audit approach
Uses excellent communication skills in order to influence a wide range of internal audiences including respective product, function, or regional executive management partners
Demonstrates strong judgment, political astuteness, and sensitivity to cultural diversity
Possesses strong project management and interpersonal skills, makes sound decisions, exhibiting initiative and intuitive thinking
Consulted often by others for advice and opinions and recognized as a leadership role model
Participates in major business initiatives and pro-actively advises and assists the business on change initiatives
Frequently involved in matters that require complex judgments and solutions based on sophisticated analytical thought such as identifying solutions for a variety of complex and novel audit control issues
Analyses reporting findings
Recommends appropriate interventions where needed
Proposes creative and pragmatic solutions for risk and control problems
Partners with Directors and Managing Directors to develop approaches for addressing broader corporate emerging issues
Serves as lead reviewer for all types of reviews
Prepares, reviews, and approves Business Monitoring Quarterly Summaries
Understand the significant conduct risks specific to their product or function and individual role at CGME and comply with the roles and responsibilities defined by Citi’s policies and subordinate policy documents on conduct risk management

Requirements:

Good understanding of operational risk management and control best practice across the financial services industry together with extensive knowledge of MaRisk and a high degree of familiarity with financial sector regulation more generally
Good level of knowledge of liability issues, the use of different legal vehicles, standard documentation and other legal risks
Good knowledge in understanding and developing risk metrics and reporting
Recognized professional qualification (CA, CPA, CFA, CIA)
University Degree in finance/economics as well as financial services experience, including experience in audit if possible
Proficient understanding of what client sector information and fact patterns are leading indicators for changes in overall risk to a business
Expert understanding of decision making and approval for key issues and time sensitive decisions
Well-developed interpersonal and presentation skills
Ability to develop strong relationships with stakeholders and to lead in peer/influence models
Proven experience in leading transformational change and in influencing geographically dispersed teams
Effective negotiation skills, a proactive and 'no surprises' approach in communicating audit results and strength in sustaining independent views
Articulate and effective communicator in English and German, both orally and in writing, with an energetic, charismatic and approachable style
Effective persuasion skills, the ability to work effectively at a variety of levels in the organization, display highly effective networking and influencing skills and needs to be comfortable acting as an agent for positive change with agility and flexibility

Additional Information:

Job Posted:
August 15, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

View All Jobs In This Company

Job Link Share:

Audit Manager