Job Description

About Citi

Citi is globally located in more than 160 countries and jurisdictions and territories, collectively representing an unparalleled international network of financial skills and capabilities serving targeted clients. Our clients are top corporations, financial institutions and governments in countries and jurisdictions around the world.

Citi responds to clients' changing needs through its long-established relationship coverage approach that provides client solutions utilizing all of Citi's relevant capabilities, including the broadest possible access to financial markets globally. No other institution can match our combination of global insights, client relationship management services, geographic reach, and local and cross-border product expertise.



This is a senior leadership position for FRSS (Finance and Risk Shared Services) Mumbai Reporting Operations with overall responsibility for delivery and governance covering Operational Risk management, control monitoring process, legal entity management (LEM) and local regulatory reporting (LRR). This role reports to the FRSS Centre Head for Mumbai region. The position is based in our Mumbai office and will support businesses EMEA primarily but can be extended for other geographies.

Roles & Responsibilities

• Support the analysis and submission of regulatory reports to various constituencies (local regulators, PRA, SEC, Fed, OCC, etc.) based on requirements such as US GAAP, US Regulatory, and local statutory reporting.

• Responsible for robust control monitoring assessment as a part of Manager Control assessment framework, including key regulatory requirements

• Provide E2E Analytical and Assurance support to Countries\Clusters\Regional Finance and execution of Core Financial Reporting Processes within Citi LEM standards

• Coordinating & Review legal entity system updates, including uploading of any required documents into Citi Legal Entity Management System (CLEMS), resolving outstanding data issues by monitoring approvals in CLEMS and following up where necessary to ensure that required entity updates occur

• Developing and implementing a process to ensure the accuracy of legal entity data by coordinating an overall review process, working with the Responsible Business and other control functions, (e.g., Product Control, Tax, Legal, Legal Bank Regulatory and Compliance), to ensure that this process is completed

• Reviewing the completed corporate governance semi-annual attestation, to be provided by the Legal Entity Lawyer(LEL), and attesting that all Board Members and Board appointed Officers are aware of their positions

• Reviewing the US/Local UK GAAP reporting requirement applicable for the assigned entities, building & strengthening the internal control mechanism.

• . Working with the Legal Entity Lawyer (LEL), Citi Legal Bank Regulatory and Citi Tax Advisory to determine if the establishment, acquisition or dissolution of a Controlled Entity complies with applicable laws and regulations, including reporting of any such action to local or other regulatory authorities, and that any required actions are completed

• Ensuring that US Federal Reserve Reportable Events is correctly reported to CLEMS within prescribed timelines in order to ensure compliance

• Provide assistance across entire firm or multiple business lines/areas
• Work across a number of EMEA countries and Budapest CSC stakeholders to assess the control monitoring for completeness, accuracy and timeliness.
• Drive opportunities to standardize and rationalize the overall book of work

• Responsible for timely identification and escalation of control issues and drive opportunities to improve controls to build a standard and simplified best in class control environment
• Manage and direct individuals within the infrastructure area through relevant direct reporting

• Monitor identified control issues and associated remediation actions to be completed with the highest level of discipline and timely escalation of any delays

• 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.

Qualifications

• 15+ years of relevant experience in banking with specialization in F&A/ FP&A/ local regulatory reporting/ & or Risk and Controls

• Demonstrated leadership and management skills

• Ability to handle complexity & work across functional areas

• Demonstrated project management skills

• Demonstrated skills on process automation /digital transformation

• Experience in people management

• Previous supervisory experience

Education:

CA/CPA/CMA/MBA/Bachelor's degree/University degree or equivalent experience

Leadership Skills

• Exhibits highest standards of integrity and values
• Drives Operational Excellence
• Plays pivotal role in driving change in line with the vision and mission of the bank
• Ability to influence and adapts to situations
• Works with empathy, trust, confidence, and agility

Job Family Group: Finance



Job Family: Financial Reporting



Time Type: Full time



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 .

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