Posted:
9/26/2024, 1:30:38 PM
Location(s):
Selangor, Malaysia ⋅ Subang Jaya, Selangor, Malaysia
Experience Level(s):
Expert or higher ⋅ Senior
Field(s):
Finance & Banking
We live in an increasingly complex world. Companies these days are either born global or are going global at record speed. Business and geopolitics are forging an entirely new dynamic and consumers now expect financial services to be a seamless part of their digital lives. Citi is a bank that’s uniquely positioned for this moment. Through our vast global network and our on-the-ground expertise, we can connect the dots, anticipate change and empathize the needs of our clients and customers in ways that other banks simply cannot.
Shape your Career with Citi
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.
We’re currently looking for a high caliber professional to join our team as Director, Malaysia Country Finance Officer/Controller - Hybrid (Internal Job Title: Country Finance Officer IV - C15) based in Kuala Lumpur, Malaysia. 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.
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.
In this role, you’re expected to:
The country Finance Officer and Controller is responsible for all aspects of Finance: driving legal entity performance, ensuring all Financial control processes are in place, delivering accurate, complete/timely local financial, statutory and regulatory reporting as per the applicable local rules and local / IFRS accounting standards with sound controls, as well as developing Finance talent and bench strength for the country.
Responsible for maintaining and strengthening the independent financial, operational, and regulatory controls and the control environment across country franchise to support the business in efforts to grow responsibly and comply with country rules and regulations
Closely monitoring legal entity economic conditions and financial performance, including a comprehensive review of the legal entity’s balance sheet and profit and loss (P&L), identifying, and assessing key financial and strategic issues and ensuring proper checks and controls are in place
Managing legal entity’s finance requirements including regulatory reporting obligations, liquidity and capital levels and relevant ratios/limits and other key financial indicators
Ensure compliance with any local capital requirements and ensuring that relevant Asset and Liability Committees are informed of all capital requirements
Support Finance activities required for Local Regulatory Processes such as local ICAAP, resolution and recovery plans, and capital stress testing, if required
Actively participate in Country Franchise governance committees and board meetings at legal entity level
Be a strategic partner with the businesses, supporting any new business launch, new product introductions, and providing value added financial expertise on franchise related issues including advice on accounting implications
Responsible for managing engagement with local regulatory bodies and providing clear/consistent regulatory messaging of country’s narratives with a focus on core activities such as regulatory exam management, supervisory meetings and information requests and responses to supervisory letters
Follow common standards, procedures and governance processes to create consistent and best-in-class regulatory relations and communications protocols, and analyze and report regulatory engagements to identify, monitor, and escalate regulatory themes, trends and risks
Collaborate with external and internal auditors to maintain integrity of financial, statutory, and regulatory reports, ensure compliance with local laws and regulations, help accomplish objectives by bringing a systematic approach to evaluate and improve effectiveness of risk management, control and governance processes
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 local 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 (in coordination with Compliance and Risk)
As a successful candidate, you’d ideally have the following skills and exposure:
An extensive year of relevant working experience
Demonstrated success in business, functional and people management
Bachelor's or University degree, Master's degree preferred
This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.
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
https://jobs.citi.com/dei
------------------------------------------------------
Job Family Group:
Finance------------------------------------------------------
Job Family:
Finance Management------------------------------------------------------
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 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
Website: https://www.citigroup.com/
Headquarter Location: New York, New York, United States
Employee Count: 10001+
Year Founded: 1812
Last Funding Type: Post-IPO Equity
Industries: Banking ⋅ Credit Cards ⋅ Financial Services ⋅ Wealth Management