Audit Manager - AI Non-model Objects - Senior Vice President

Citigroup Inc.; City of Westminster; On-site; GBP 125,000 - 150,000; Full time

Job summary

A leading global financial services company seeks a Senior Audit Manager to oversee audit activities related to AI Non-model Objects. The role involves delivering audit reports, serving as a subject matter expert on AI model risks, and managing oversight of relevant portfolios. Candidates should have a thorough understanding of model audit and financial regulations, along with relevant certifications and management experience. Benefits include generous holiday allowance, private medical insurance, and a performance-related bonus.

Benefits

Generous holiday allowance

Discretionary annual performance related bonus

Private medical insurance

Employee Assistance Program

Pension Plan

Paid Parental Leave

Exclusive employee discounts

Access to learning resources

Qualifications

• Sound understanding in model audit, validation, or model risk management within financial services.
• Related certifications such as CISA, CIA, or similar; AI-related certifications are a plus.
• Proven ability to execute concurrently on high quality deliverables.

Responsibilities

• Deliver audit reports on AI model development and validation.
• Act as subject matter expert on AI Model risks and controls.
• Oversight of portfolios within the AI Non-model Objects team.

Skills

Model audit knowledge

Understanding of financial regulations

Business and people management

Clear communication

Effective negotiation skills

Education

Bachelor's degree in relevant field

Master's degree preferred

Job description

The Senior Audit Manager is within the AI Non-model Objects team and is a senior level management position, reporting to the Audit Director - AI Non-model Objects, with an overall objective to execute audit activities and assessments of the risk and control environment for the adoption of AI/GenAI, specifically related to AI Non-model Objects.

Responsibilities

• Deliver audit reports, Internal Audit and Regulatory issue validation and business monitoring and governance committee reports relating to AI model development, validation and deployment
• Act as a trusted subject matter experts on AI Model risks and controls across the IA team
• Oversight of portfolios within the AI Non-model Objects team including stakeholder engagement, assessment of key emerging and inherent risks, etc
• Participate in business initiatives and pro‑actively advise and assist the business on change initiatives
• Implement integrated auditing concepts and technology, and follow trends in the Audit field and adapt them for the Audit function
• Identify solutions for a variety of complex and unique control issues, utilizing complex judgement and sophisticated analytical thought
• Analyse report findings, and recommend interventions where needed, proposing creative and pragmatic solutions to risk and control issues
• Partner with Directors and Managing Directors to develop approaches for addressing broader corporate emerging issues
• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards
• Previous experience in a related role

Qualifications

• Sound understanding in model audit, validation, or model risk management within financial services
• Understanding of financial services regulations and how they intersect with AI/GenAI e.g. conduct risk, operational resilience, data protection, algorithmic trading, AML/KYC, consumer protection
• Related certifications such as Certified Information Systems (CISA), Certified Internal Auditor (CIA), Certified in Risk and Information Systems (CRISC) or similar. AI‑related certifications are a plus
• Demonstrated successful experience in business, functional and people management
• Proven ability to execute concurrently on a portfolio of high quality deliverables according to strict timetables
• Demonstrated ability to implement continuous improvement and innovation in audit tools and techniques
• Consistently demonstrates clear and concise written and verbal communication
• Demonstrated ability to remain unbiased in a diverse working environment
• Effective negotiation skills

Education

• Bachelor's degree/University degree in law, ethics, decision science, computer science, data science, finance, accounting or a related field, or equivalent experience.
• Master's degree preferred. Control Monitoring, Data Analysis, Industry Knowledge, Issue Management, Laws and Regulations, Professional Standards, Risk Management, Root Cause Analysis.

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 and make a real impact. This role will primarily focus on AI Non‑model Objects with the overall objective of ensuring that Citi Internal Audit's approach to AI positions Citi IA as the leading IA function in the financial services industry.

Citi IA is a dynamic global function of over 2,500 professionals located across more than 60 countries, covering Citi's global businesses and service to clients and customers through its network in 98 countries. Through a culture of continuous improvement, Citi IA is focused on maintaining its position as a best‑in‑class IA function and is committed to investing in people, learning and development, innovation, and methodology programs. The Internal Audit mission is to provide independent, objective, reliable, valued and timely assurance to the Board, senior management and regulators of Citigroup and Citibank (and its subsidiaries), over the effectiveness of culture, ethical conduct, governance, risk management, and controls that mitigate current and evolving risks and to enhance the control environment. IA is a change agent within Citi to enhance the control culture of Citigroup worldwide and therefore support senior management decision making around the globe. Citi operates in over 100 countries and provides consumers, corporations, governments, and institutions with a broad range of financial services and products. Citi strives to create the best outcomes for clients and customers with financial ingenuity that leads to solutions that are simple, creative, and responsive.

Benefits (Citi London)

• Generous holiday allowance starting at days plus bank holidays; increasing with tenure.
• A discretionary annual performance related bonus
• Private medical insurance packages to suit your personal circumstances.
• Employee Assistance Program
• Pension Plan
• Paid Parental Leave
• Exclusive discounts for employees, family, and friends
• Access to an array of learning and development resources

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.