Easter Seals Jobs

The Wealth FDIC 370 Program Coordinator would work with the Deposit Product Accountable Executive and will oversee the E2E Governance of the Wealth FDIC Program. Individual will represent the Wealth Business at FDIC Steering Committees, CBNA FDIC Program level Frorums / Working groups and in interactison with Regulators .

The purpose of 12 C.F.R. part 370 (Part 370) Recordkeeping for Timely Insurance Deposit Determination, is to ensure that deposit insurance can be accurately calculated to facilitate the timely payment of insured funds to depositors in the event a covered institution, a bank with two million or more deposit accounts, fails. Part 370 provides that the Federal Deposit Insurance Corporation (FDIC) will conduct tests of covered institutions’ compliance to ensure the deposit records needed to complete an insurance determination are complete and that a covered institution’s information technology (IT) systems are accurately calculating deposit insurance coverage by ownership right and capacity (ORC).

The overall objective is to apply in-depth disciplinary knowledge to contribute to directional strategy. The position has responsibility for FDIC 370 related processes being compliant with current regulations, supported by documentation standards and with effective preventive and detective controls. The position will represent the Wealth Business in multiple workstreams including the CBNA FDIC Program Office , Technology, Operations, Product , Finance and partners across the different Client Business Segments within Wealth to deliver results. The FDIC Coordinator wil be resposnible for ensuring the Wealth business complies with FDIC 370 requirements, identifes poetntial gaps and esclates to respcetive areas as needed .

Detailed responsibilities include but are not limited to:

-Represent Wealth Deposits Product Accountable Executive in various FDIC Meetings/ Forums

-Ensure the quality of the analysis and submission of Monthly Disposition -FDIC 370 reports.

-Monitor FDIC Data Quality Thresholds and address identified deficiencies.

-Coordination of Annual Attestation process and ensures required disclosures are identified , tracked and communicated to FDIC Program Owner/ Wealth Deposits Product Accountable Executive.

Work with stakeholders and Wealth leadership on strategic planning, establishing guidelines, implementing controls (i.e. Asses ongoing reporting logic, Systemic changes, Data Quality assessment , MCA ), and executing strategic plans.

-Appropriately assess risk when business decisions are made, demonstrating 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.

-Instill operational discipline into existing team processes

-Effective communication: cross-functional collaboration, presentations to Senior Management, issue resolution with Technology.

-Ensuring high level of quality, accuracy, and timeliness of all assigned deliverables with minimal supervision.

• Lead the identification of and drive resolution of issues, including those outside established norms for the designated business line(s), in collaboration with key stakeholders across Legal, Compliance, Risk, Banker teams, Operations & Technology

-Maintain a high degree of technical and policy understanding with respect to business risk process.

-Manage assigned projects in a timely manner, ensuring accuracy and that deliverables are met.

-Strategic leadership to identify and manage risks inherent in Wealth Deposit accounts.

Job Family Group:

Risk Management

Job Family:

Business Risk & Control

Time Type:

Full time

Primary Location:

Long Island City New York United States

Primary Location Full Time Salary Range:

$163,600.00 - $245,400.00

In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.

Anticipated Posting Close Date:

Jul 22, 2024

Citi is an equal opportunity and affirmative action employer.

Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. 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 (https://www.citigroup.com/citi/accessibility/application-accessibility.htm) .

View the "EEO is the Law (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf) " poster. View the EEO is the Law Supplement (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf) .

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View the Pay Transparency Posting (https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp_%20English_formattedESQA508c.pdf)

Citi is an equal opportunity and affirmative action employer.

Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.