Risk & Controls Director for Digital Assets

The Risk and Controls Director for Digital Assets is a first line role responsible for supporting the Services businesses in managing and mitigating financial crime (AML, Sanctions, ABC & Fraud), regulatory and reputational risks end-to-end

• Understand business-owned products, services, as well as corresponding financial crimes-related controls, and processes
• Provide financial crimes & regulatory compliance/risk management subject matter expertise to the Services businesses
• Support design and ongoing adaptations of the control framework to ensure effective and robust risk management
• Drive execution ensuring compliance with applicable laws, rules, and regulations
• Ensure adequate mapping of risk and processes and clear control ownership
• Create & maintain a robust partnership with the business heads, operations, technology and the second line of defense
• Escalate, assist management and reporting of control issues
• Drive a consistent and holistic approach to Financial Crimes, Reputational and Regulatory risk management across Services Digital Assets
• Ensure early engagement on new business initiatives to provide timely support of commercial priorities and full adherence to global and regional risk management policies and procedures
• Conduct reviews of control processes and procedures to ensure that both controls and processes are in keeping with policy and business expectations
• Assure that controls have been implemented consistently, with appropriate supporting documentation
• Maintain and expand current knowledge and understanding of product innovation, client needs and of changing regulatory requirements to continuously assess impact and changes needed to existing control environment
• Serve as an escalation point for issues or emerging from Services Operations, and Technology
• Maintain oversight through review of metrics, monitoring of activity, and tracking of corrective action plans
• Prepare and provide regular updates to senior management and various governance committees on control issues and/or enhancements
• Work with other Control and in-business risk teams to ensure a consistent holistic approach to risk management
• Ensure robust and adequate reporting to senior management
• Help identify opportunities for streamlining processes and implement efficiencies that will lead to enhanced client experience
• Support the timely response to regulatory inquiries

• Significant experience in financial crime/regulatory compliance or risk management in both a bank and VASPs
• Financial Crime certification preferred (ACAMS, ACSS etc.)
• Strong professional experience in Financial Services, in Financial Crime and/or Compliance or Business/Product Operations and/or Risk & Controls with focus on Digital Assets
• Knowledge and understanding of blockchain technology and digital assets (i.e. stablecoins, cryptocurrencies) and related financial crime risks
• Understanding of Global Crypto Regulations and VASP Licensing & Compliance requirements
• Excellent interpersonal skills
• Able to work independently and deliver according to strict timelines and quality standards
• Demonstrated ability and confidence to challenge business management, escalate issues and press for change
• Good oral and written communications skills; must be articulate and persuasive with the judgement and authority to provide insightful commentary to senior stakeholders
• Able to drive change to business practices by working effectively across a global organization
• Self-starting with the ability to multitask and prioritize
• Proven people and team management skills
• Project management and change capabilities are essential
• Capable of prioritizing and multi-tasking in a dynamic, fast paced environment
• Demonstrated analytical skills with follow-up and problem-solving capability
• Ability to analyses a process and recommend ways to improve quality, controls, and efficiency

• medical, dental & vision coverage
• 401(k)
• life, accident, and disability insurance
• wellness programs
• paid time off packages
• planned time off (vacation)
• unplanned time off (sick leave)
• paid holidays

Discover your future at Citi