Financial Reporting Prudential Group Manager

Posted:
11/26/2024, 3:50:27 AM

Location(s):
Budapest, Hungary

Experience Level(s):
Senior

Field(s):
Finance & Banking

Workplace Type:
Hybrid

Join our expanding Citi Finance Team in Budapest and make your own progress in a supportive and friendly environment!

We are a people-oriented organization that appreciates and promotes personal and professional aspirations. Our corporate culture is empathic: we acknowledge life-work balance throughout your career path.

By joining Citi, you will become part of a global organization whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.


Financial Reporting Prudential Group Manager

Manage the CGML Team as Co Head for Prudential Regulatory Reporting within the Local Regulatory Reporting CSC (Citi Service Center) in Budapest, Hungary.
 
Responsible for the preparation and accuracy of Basel2/3 regulatory returns and monitoring reports covering daily, monthly CAD, LEX and quarterly COREP. Ensure that appropriate controls are in place to ensure that regulatory returns and capital adequacy calculations are performed by the team to the standards prescribed by the regulators.

What you’ll do:


•    Drive interaction with senior regional and in country management teams (including Financial Control, Treasury, Risk) across all prudential regulatory reporting topics (incl. internal/external regulatory audits, regulatory queries, process automation, etc)
•    Ensure daily monitoring of capital adequacy and large exposures is completed according to CRD/CRR rules
•    Ensure quarterly COREP and other relevant Basel2/3 reporting for the above entities is completed on time according to EU-wide and/or country specific requirements, in line with the agreed KPIs and other quality standards
•    Identify best practices for regulatory reporting processes and contols; drive implementation across all EMEA countries in partnership with EMEA Local Regulatory Reporting Lead and Global Process Owners (GPO), where applicable
•    Influence senior finance management in shaping the overall local regulatory reporting strategy
•    Responsible for the execution of all key controls and processes owned by the CSC Prudential Regulatory Reporting team
•    Drive process automations (incl. implementation of RegInSight and further utilization of Genesis) in partnership with Implementations Team, Project management and other global / regional teams where applicable
•    Ensure docmentation standards applied are in line with GPO principles (incl. procedure notes, process flows) across all teams
•    Ensure compliance with internal Citi policies
•    Manage multiple teams of 10-15+ people overall
•    Coaching supervisors of individual teams
•    Hire and retain talent


What we’ll need from you:


•    University / College degree in finance / accounting 
•    10+ years of work experience in a financial organisation
•    Financial products and extensive Basel 2/3 knowledge 
•    Proven organization and time management skills
•    Proven problem-solving and decision-making skills
•    Consistently demonstrates clear and concise written and verbal communication skills
•    Prior experience in a Basel2/3, Capital Management or Risk Reporting / Management role
•    Min. 8-10 years of Accounting and/or Financial reporting  / Risk Reporting experience
•    Advanced MS Excel and Access knowledge
•    Bachelor’s Degree/University degree or equivalent experience
•    Master’s degree preferred

By joining Citi Hungary, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive compensation package and enjoy a whole host of additional benefits that support you (and your family) to be well, live well and save well:

  • Cafeteria Program
  • Home Office Allowance (for colleagues working in hybrid work models)
  • ·Paid Parental Leave Program (maternity and paternity leave)
  • Private Medical Care Program and onsite medical rooms at our offices
  • Pension Plan Contribution to voluntary pension fund
  • Group Life Insurance
  • Employee Assistance Program
  • Access to a wide variety of learning and development programs, online course libraries and upskilling platforms, such as Udemy and Degreed
  • Flexible work arrangements to support you in managing work - life balance
  • Career progression opportunities across geographies and business lines
  • Socially active employee communities with diverse networking opportunities

Alongside these benefits Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day. We want the best talent around the world to be energized to join us, motivated to stay, and empowered to thrive.

Sounds like Citi has everything you need? Then apply to discover the true extent of your capabilities.

#LI-BV1

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Job Family Group:

Finance

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Job Family:

Financial Reporting

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Time Type:

Full time

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