Jobs in Japan
Explore hand-picked jobs in Japan for English speakers across tech, education, marketing, and more.
Vetted companies only. Apply from overseas.
Explore hand-picked jobs in Japan for English speakers across tech, education, marketing, and more.
Vetted companies only. Apply from overseas.
CitibankThe Compliance Risk Country Officer (CRCO) is responsible for overseeing the Compliance Program for all Citi activity within the jurisdiction: regulated branches, legal entities and other affiliates. This includes ensuring global policies, standards and processes are applied, and suitable addenda and supplementary procedures established and maintained for compliance with applicable jurisdictional laws and regulations. Contradictions between local law and regulations, and group standards must be promptly identified and escalated, and mitigating processes and controls established to comply with jurisdictional requirements and mitigate the risks of non- compliance with applicable group-wide or entity-chain related laws and regulations, and global policies and procedures. Oversees the Citi Compliance Risk Management Program for a medium to large size country franchise and/or multiple countries including multiple Citi businesses, regulated branches, legal entities and other affiliates. Responsibilities also include implementing applicable global compliance processes, setting Independent Compliance Risk Management (ICRM) priorities and driving transformation. The CRCO will work closely with senior product, function, and regional management, and other ICRM teams on strategic initiatives and emerging issues. The CRCO provides franchise support to the CCOBH and country management, including offering credible challenge, escalation of issues and reporting, as appropriate. In addition, the CRCO also provides strategic direction and facilitates the implementation of the Compliance Risk Management (CRM) Framework. In situations where this role is the designated Legal Entity Compliance Officer, the listed country/business/function/product level responsibilities will extend towards the legal entities under their purview as required to effectively perform their role. Key responsibilities include identifying jurisdictional requirements, accountabilities, process ownership, monitoring and testing ownership, and determining suitable staffing, hours required and secured budget to achieve compliance within risk appetite. The role enhances governance by providing compliance risk management support, assessing and reporting key compliance risks across products, services, functions, legal entities and the jurisdiction, and offering stakeholders practical solutions and credible challenge to improve ethical control culture and the conduct risk environment. It reports significant local regulatory issues promptly to local, overseas, regional and global stakeholders, including same-day escalation of regulatory reports received, and maintains ongoing assessment and reporting of key compliance matters through corporate governance committees and management. The role develops senior management relationships, including with legal entity management, the CCOBH, product functional and entity line management, and informs senior management, subsidiary board directors and country/business management of significant compliance matters requiring attention or action. It anticipates changes in the compliance and regulatory environment and supports compliance programs and management on policy interpretation and gray-area exposures. It builds relationships with Legal, Risk Management, Operational Risk Management and Internal Audit to support a seamless compliance and ethical control culture. The role supports the CCOBH in managing and developing regulatory relationships, coordinates as the key interface with regulators on compliance risk management and supervisory exam matters, provides same-day notification of regulator correspondence to global ICRM management, and leads interaction with Japanese authorities on behalf of ICRM and the Citi franchise. It records regulator correspondence and meeting minutes in Citi systems, ensures prompt recording and responses to regulatory queries, notices of violations and breaches, forbearance and concerns, and delivers support and assurance to regulators on compliance issues, trends, themes, root causes and impacts relating to governance, regulatory risk management and internal controls. The overall objective is to earn regulators’ trust and establish strong, independent and professional regulatory relationships across the franchise. The role ensures prompt identification, logging, evaluation and planning to address requirements arising from new and amended laws, regulations, rules and other regulatory and enforcement authority requirements and expectations. It ensures regulatory change management processes and the regulatory control framework operate effectively in the country, including identification, impact assessment and implementation of applicable laws, regulations, rules, processes, controls and reporting affecting Citi activities in the jurisdiction. The role provides strategic direction, oversight, coordination and cooperation for the country’s Anti-Money Laundering compliance risk management program, partnering closely with the Head of ACRM to ensure strong linkage between ICRM and ACRM. It directs and oversees country ICRM teams on local requirements, applicable extraterritorial laws and regulations, Citi policies, standards and global procedures, ensuring consistent application of program procedures and accountability to program owners under the ICRM methodology and CRM Framework. Programs include Sanctions; Anti Bribery; Privacy & Responsible Information Management; Third Party Management and Outsourcing; Employee Activities; Conduct Risk; Ethics; Surveillance; Compliance Independent Assurance; and Compliance Monitoring. The role ensures country elements of the global ICRM training plan are current and reflect local regulations and emerging trends, with delivery tailored to the subject matter and audience. It works with management to improve self-identification of issues and ensure appropriate escalation and monitoring for timely and effective remediation. It leads the ICRM team in providing timely compliance risk management direction and oversight of in-country ICRM programs, including surveillance, monitoring, sanctions screening and assurance, to meet local regulatory requirements and global key performance indicators. It develops team operational efficiency, implements enhancements and meets standards in relevant Management Control Assessments. The role champions a high-performance environment and implements a people strategy to attract, retain, develop, embrace diversity and motivate teams, including ICRM CSC colleagues, by fostering an inclusive work environment, communicating vision, values and business strategy, and managing succession and development planning. It supports ICRM efforts to enhance technology and automation and provides relevant data and materials to develop enhanced compliance risk metrics and analytics.
- Credibility as a subject matter expert and experience of dealing with issues that have a high impact at all levels of the organization - Experience of working with key country level regulators and industry associations - Knowledge of local regulatory requirements and obligations and the ability to identify emerging compliance issues and themes - An ability to influence senior business leaders on all compliance risk-related matters affecting the business. The individual should have the ability to independently challenge, when needed, while at the same time being supportive and solution-based and not being perceived as obstructive - An ability to be “hands on” and “in the trenches” with the direct team, while also bringing a sense of strategic vision and a global sensibility to the function - Ability to navigate and negotiate through conflicting demands to maintain focus on priority objectives while ensuring key stakeholders’ needs are met - Strong team leadership, communication, interpersonal and management skills, with a track record of leading through change and the ability to effectively communicate the strategic vision to various stakeholder groups - Effective negotiation skills, a proactive and “no surprises” approach in communicating issues and strength in sustaining independent views. Strong presentation and relationship management and influencing skills are essential - The ability to thrive and execute in a complex, highly matrixed, global environment - Fluency in English language required and local language proficiency - Bachelor’s Degree highly preferred or relevant, equivalent experience or certification.
- Preference for post graduate degree and/or recognized professional qualifications where applicable and necessary to satisfy regulatory requirements for CICO role - Professional qualifications may include: CRMC or equivalent, CPA, ACA, CIA, CFA, ACAMS, etc. - Strong technical knowledge of compliance regulations and requirements - Experience within a highly complex, global financial institution, regulator or related industry participant - Previous experience managing a diverse staff
