Audit Director

Citi Trends is a value-priced retailer of urban fashion apparel, shoes, accessories and home décor for the entire family.

This role directs the timely delivery of complex, 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 key regulators, globally. The position is for a C15 Audit Director, reporting to the C16 Chief Auditor – ICG Governance and Conduct. The C15 Audit Director will lead the strategy definition for the team, creating and delivering on the team’s value proposition, recruiting, retaining and developing high quality talent to support the team and providing oversight to the scoping and execution of the overall audit process.

* Develop and execute the strategic direction of Citi’s Internal Audit (IA) function in the establishment of Markets Regulatory Reform related risk based auditing within ICG which includes reporting methodologies, organizational design and effective positioning of the function to ensure provision of independent assurance. This is to be consistent and aligned with Citigroup and Citibank business objectives. * Use excellent communication, leadership and strong management skills to influence a wide range of internal audiences including respective product, function, or regional executive management partners and external audiences including regulators and external auditors. Frequently engages in both internal and external negotiations which will have a major impact on the function, and possibly on the organization as a whole. * Directs audit activities related to global regulatory reform, in accordance with IA standards, Citi policies, and local regulations. Responsible for providing valued and timely independent assurance on the design and operating effectiveness of a sub set of a product, function, or legal entity at a global or regional level. * Responsible for the delivery of high quality, value-added multiple concurrent audits on time and to specification. * Ensures the delivery of audit reports that are complete, insightful, timely, error free and concise. * Ensures timely delivery of high-quality comprehensive regulatory and internal audit issue validation, and where determined appropriate issue validation on other remediation actions, including issues arising from the external auditors, consultants and other parties. * Contributes towards the delivery of high impact reports of IA's contributions to executive management, regulators, and Citigroup and Citibank boards' sub-committees, developing trend analyses and thematic reporting. * Manages multiple teams of professionals. Recruits staff, develops talent, builds effective teams, and manages a budget. Identifies internal talent and fills key positions, attracts talent with required expertise to meet the risk profile of the business, builds deep bench strength and develops appropriate succession plans. * Possesses a broad and comprehensive understanding of multiple disciplines (Audit, Risk, Compliance, and Training) and of different Audit standards, policies and local regulations; applies a broad and comprehensive understanding of high risk areas including Consumer or Investment Banking, corporate functions, technology management; project/program management; or supplier management. * Delivers learning and development programs and is a recognized leader in training and developing others. * Develops approaches to promote knowledge sharing and promulgate management best practices across Internal Audit and both Citibank and Citigroup. * Delivers cost effective and efficient management of audit teams and audit engagements. * Ensures IA meets/exceeds the requirements and expectations of Citibank’s and Citigroup's regulators. * Works closely and collegially within IA and with line management and control functions to ensure efficient and effective provision of independent audit assurance. * Collaborates across businesses and functions to improve the identification, quantification, measurement, management, reporting and controls in governance, risk management and internal control environments. * Fully supports and endorses the Quality Assurance function of Internal Audit and promptly accepts and remediates deficiencies found by QA. * Ensures the adoption of the appropriate portions of the Citigroup and Citibank Audit Committee Charters and the Internal Audit Charter for applicable legal entities. * 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. * Directs complex 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 comprehensive 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. Closely follows latest trends in own field and adapts them for application within own job and the business * Manages a complex and critical unit within Internal Audit, including a 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: Investment Banking, technology management; project/program management; regulatory compliance or supplier management. * 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. * 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 * Analyzes 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.

* BA/BS or equivalent. Related certifications (CPA, ACA, CFA, CIA, CISA or similar) are a plus. * Senior level experience in an audit related role with experience in business, functional and people management, with proven abilities in taking responsibility for executing concurrently on a portfolio of high quality deliverables to stakeholders according to strict timetables. * Specific subject matter expertise regarding understanding of Markets products. * Demonstrates experience in managing teams and managing integrated internal audit and assurance delivery within a matrix reporting environment. * A self-aware, self-confident individual who has well developed listening skills, and a strong ability to engage a group of accomplished business unit heads by providing proactive advice on a variety of audit matters while carefully balancing the independent requirements of the IA function. * Effective negotiation skills, a proactive and 'no surprises' approach in communicating issues and strength in sustaining independent views. This individual must be an articulate and effective communicator, both orally and in writing, with an energetic, charismatic and approachable style. * Strong interpersonal skills for interfacing with all levels of internal and external audit and management. * Strong leadership skills with a proven track record in managing teams and making a positive impact on the organization.