Whether you’re at the start of your career or looking to discover your next adventure, your story begins here. At Citi, you’ll have the opportunity to expand your skills and make a difference at one of the world’s most global banks.  We’re fully committed to supporting your growth and development from the start with extensive on-the-job training and exposure to senior leaders, as well as more traditional learning.  You’ll also have the chance to give back and make a positive impact where we live and work through volunteerism.

Shape your Career with Citi

Citi Finance is responsible for the firm’s financial management and related controls.  We manage and partner on key Citi initiatives and deliverables, such as our quarterly earnings process and ensuring Citi’s compliance with financial rules and regulations.  The team comprises chief financial officers who partner with each of our businesses and disciplines including controllers, financial planning and analysis, strategy, investor relations, tax and treasury.

We’re currently looking for a high caliber professional to join our team as Finance Reporting Group Manager - Director (Hybrid) based in Mumbai. Being part of our team means that we’ll provide you with the resources to meet your unique needs, empower you to make healthy decision and manage your financial well-being to help plan for your future.  For instance:

• Citi provides programs and services for your physical and mental well-being including access to telehealth options, health advocates, confidential counseling and more. Coverage varies by country.
• We believe all parents deserve time to adjust to parenthood and bond with the newest members of their families. That’s why in early 2020 we began rolling out our expanded Paid Parental Leave Policy to include Citi employees around the world.
• We empower our employees to manage their financial well-being and help them plan for the future.
• Citi provides access to an array of learning and development resources to help broaden and deepen your skills and knowledge as your career progresses.
• We have a variety of programs that help employees balance their work and life, including generous paid time off packages.
• We offer our employees resources and tools to volunteer in the communities in which they live and work. In 2019, Citi employee volunteers contributed more than 1 million volunteer hours around the world.

Individuals in Cross Disciplinary Controls are responsible for multiple activities within the Controls capabilities such as assessment & design, MCA, QA, Monitoring & Testing, Issue Management and/or Governance Reporting & Analysis for effective end to end oversight, design, implementation, and execution of controls. Individuals in this role may cover a broad range of in-business/function risk and control responsibilities rather than focusing on one specific role.

Job Title: Director, In Business Risk & Control  (IBRC)

Citi Systems and Data Operations (CSDO) / Enterprise Finance Controllers

In this role, you’re expected to:

Citi Finance is responsible for the firm’s financial management and related controls. The team comprises disciplines including Treasury, Tax, Controllers and Financial Planning & Analysis, and manages and partners on key Citi initiatives and deliverables, such as our quarterly earnings process and ensuring Citi’s compliance with financial rules and regulations.

The CSDO/EFC team is strategically placed within the Citi Controller under Citi Finance. The IBRC team is responsible for managing Citi’s global risk and controls oversight activities covering CSDO / EFC / Enterprise business and function controllers. 

The role will partner with CSDO / Enterprise Controllers in establishing and maintaining a robust risk and controls framework, ensuring strong control execution and risk management, and transforming the team to a high performing control centric organization.  The role requires a strategic professional who closely follows latest trends in own field and adapts them for application within own job and the wider team. Excellent communication skills required in order to negotiate internally, often at a very senior level. Developed communication and effective negotiation skills are required in order to guide, influence and convince others.

This role manages a team of 6 Risk and Control professionals.

Key Responsibilities of this role:

• Provide oversight on controls and manage control initiatives to improve the health of internal controls and the control environment.

• Partner with CSDO / Enterprise Finance Controllers to ensure procedures and controls are adequate and effectively implemented to mitigate material risks and gaps are timely escalated.

• Collaborate with cross-functional teams to understand the end-to-end process, identify risks and recommend risk management strategies.  

• Review, assess, and provide independent assessment on control design and execution and ensure consistent adoption of operating standards and minimum controls.

• Analyze root cause of control breaks and gaps; provide expert guidance on remediation actions.

• Work as trusted advisor to the CSDO / Enterprise Controllers on formulating actions to mitigate risks and remediate control deficiencies.

• Partner with various stakeholders to analyze, prepare, and present materials to senior stakeholders to support the Statement of Accountability and Disclosure Committee Questionnaire sign-off process. 

• Lead monthly risk and control forum with senior stakeholders to present progress and results of control initiatives, state of risk and control environment, emerging risks, significant residual risks, MCA, Audit, Issue Management, and general control and compliance. 

• Monitor and track the progress of initiatives. Identify and mitigate roadblocks and escalate any risk to effective and timely delivery.

• Understand the impact of new control initiatives and support CSDO / Enterprise Finance Controller’s to implement new control initiatives; support various control and compliance initiatives including control transformation

• Review, assess, and provide independent assessment on control design and execution and ensure consistent adoption of operating standards and minimum controls.

• Analyze root cause of control breaks and gaps; provide expert guidance on remediation actions.

• Work as trusted advisor to Finance Controllers on formulating actions to mitigate risks and remediate control deficiencies.

• Lead monthly risk and control forum with senior stakeholders to present progress and results of control initiatives, state of risk and control environment, emerging risks, significant residual risks, MCA, Audit, Issue Management, and general control and compliance. 

• Monitor and track the progress of initiatives. Identify and mitigate roadblocks and escalate any risk to effective and timely delivery.

Talent Development

• Lead, develop and manage the talent

• Build team capabilities by recruiting and training appropriate junior and senior level staff, build sustainable training programs

• Acquire, develop and retain talent that has end-to-end process knowledge, business and product knowledge and analytical skills to drive process excellence

• Further develop a diverse talent pool that can meet the demands of a growing company

• Drive best in class knowledge management practices

As a successful candidate, you’d ideally have the following skills and exposure:

• Qualified Accountant – CPA, CA, MBA Finance 

• 15+ years relevant working experience in Risk and Control, Internal Controls,  Audit, Compliance, Risk Management, Finance, and/or Accounting.

• In depth knowledge of Finance architecture, systems and processes, as well as the Controller and Business functions, is an advantage.

• Experience in control design and implementation and development and execution of standard operating procedures.

• Experience in gap assessment and deficiency remediation.

• Experience working with global teams and generating inputs from diverse Subject Matter Experts is a plus.

• Expertise in summarizing information into concrete processes, flows and/or action plans.

• Ability to communicate effectively, both written and verbal, across organizational levels, functions, and regions.

• Highly analytical, proactive, with strong attention to detail and follow up skills.

• Flexible, team-oriented, with good interpersonal skills. 

• Advanced proficiency in Microsoft Office products.

Working at Citi is far more than just a job. A career with us means joining a family of more than 230,000 dedicated people from around the globe. At Citi, you’ll have the opportunity to grow your career, give back to your community and make a real impact.

Take the next step in your career, apply for this role at Citi today

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Job Family Group:

Controls Governance & Oversight

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Job Family:

Cross-disciplinary Controls

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Time Type:

Full time

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Most Relevant Skills

Analytical Thinking, Business Acumen, Communication, Constructive Debate, Controls Assessment, Controls Lifecycle, Escalation Management, Issue Management, Risk Management, Stakeholder Management.

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Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

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Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.

 

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View Citi’s EEO Policy Statement and the Know Your Rights poster.