VP, Global Regulatory Reporting, Finance Solutions Lead Analyst
Company: Citi
Location: East Norwich
Posted on: January 26, 2023
Job Description:
VP, Global Regulatory Reporting - Finance Solutions Lead Analyst
Excited to grow your career? We value our talented employees, and
whenever possible strive to help one of our associates grow
professionally before recruiting new talent to our open positions.
If you think the open position you see is right for you, we
encourage you to apply!Our people make all the difference in our
success. The Global Regulatory Reporting (GRR) function is part of
the Controllers organization within the Finance function, with a
mission to provide complete and accurate consolidated financial
statements and other related information to regulators, investors,
outside analysts and senior management on a timely basis and in the
most efficient manner possible. GRR is responsible for
approximately 80 US Bank Regulatory filings, including FR Y-9C/Call
Report, FR Y-14 A/Q/M, FR Y-15, FFIEC 101 as well as Citigroup's
SEC filings (10-K, 10-Q and earnings release).The Finance Solution
Lead Analyst is an integral member of the Global Regulatory
Reporting Group, which is a high-profile function, providing
financial information to the regulators including the Federal
Reserve Bank (FRB) and the Office of the Comptroller of the
Currency (OCC). The position will implement and deliver critical
projects to ensure the quality of data used by various key
regulatory reports, design and implement compensating controls to
monitor and improve measurement of CDE quality. The position will
have a high level of visibility within the organization and a wide
range of opportunities to work directly with Management. The
incumbent will also build strong relationship with various groups
throughout Citi, including Risk, Treasury, Controllers, SEC
Reporting, Financial Planning & Analysis, Finance & Risk Systems
Operations, and Basel teams. In addition, this position will work
collaboratively with the Comprehensive Capital Analysis and Review
(CCAR) Central Coordination Team to help strengthen Citi's FR Y-14
reporting process. Responsibilities:
- Reviewing the usage and requirements for Regulatory Reporting
Critical Data Element's (CDE's)
- Driving improvement of CDE data quality for key regulatory
reports (Y9C/Call, Y14, Y15 etc.) with a focus on various financial
products (securities, deposits, loans, derivatives, SFTs, debt,
etc.) and balances (including P&L, spot and average balances)
used in above mentioned regulatory reports.
- Manage and improve CDE data quality and CDE requirement review
processes
- Analyze key reporting production process documentation to
identify data elements used by above mentioned key regulatory
reports.0
- Work with stakeholders (report owner, report producer and other
key SMEs supporting reporting production) to document and maintain
risk based Critical Data Elements used Review existing data quality
controls and design fit-for-purpose data quality requirements.
- Work with technology to implement data diagnosis and improve
data quality metrics.
- Work with report owner and report production team to monitor
Data Quality Exceptions to identify real data concerns/issues as
well as corresponding reporting impact and document accordingly
Support Consent Order data related tasks (such as data lineage,
reporting data requirement), working with Controller Data Team and
Enterprise Chief Data Office . Qualifications:
- 5+ years of relevant experience in Finance, Accounting with an
understanding of the Regulatory Reporting industry preferred with
3+ years relevant to data analysis
- Results oriented with demonstrated experience and ability to
design and implement solution to satisfy various reporting
requirements
- Familiar with report production process from end to end,
especially how data are consumed by various regulatory reports
(e.g. Y14 or Y9C)
- Familiar with at least one of financial products (securities,
or derivatives and SFTs, or wholesale loans, or retail loans) and
underlying data representing this (or multiple) financial
products
- Analytical, flexible, team-oriented, with strong attention to
detail
- Exceptional analytical, strategic and problem-solving skills
coupled with a strong and broad- based finance and internal control
skills and attention to detail
- Outstanding communication, interpersonal and influencing skills
coupled with an ability to build a broad base of support among key
decision makers at all levels of the organization. Demonstrated
success in collaborating and building relationships and influencing
across the organization
- Experience and demonstrated ability to manage competing
priorities in a complex and dynamic environment. Self-motivated
with the ability to make decisions in the absence of detailed
instructions.
- Open minded with advanced proficiency in Excel and SQL,
experience with Tableau a plus
- Experience in Citi's Finance organization and processes that
span geographic, functional and business perspectives a plus
- Project management experience, Agile project management, Scrum
methodology desirable Education:
- Bachelor's degree in Finance, Accounting, Business or related
field. Master's degree a plus.
- CFA / CPA or other recognized certificate to demonstrate deep
understanding of financial products a plus We are currently working
on a hybrid schedule consisting of 2-3 days in office and the
remainder remote (specific details depend on location and business
group). This is not a remote only role. - Job Family Group: Finance
- Job Family:Fin Solutions Dsgn & Implement Time Type: Full time
Primary Location: Long Island City New York United States Primary
Location Salary Range: $137,610.00 - $206,420.00 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 .View the " EEO is the Law " poster. View the
EEO is the Law Supplement .View the EEO Policy Statement .View the
Pay Transparency Posting - Effective November 1, 2021, Citi
requires that all successful applicants for positions located in
the United States or Puerto Rico be fully vaccinated against
COVID-19 as a condition of employment and provide proof of such
vaccination prior to commencement of employment.
Keywords: Citi, New Rochelle , VP, Global Regulatory Reporting, Finance Solutions Lead Analyst, Executive , East Norwich, New York
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