Operations Optimization and Enablement (OOE)

OOE is a newly formed team designed to drive change and implement Operations strategy.  Operations is helping to lead the Citi transformation agenda by rapidly scaling programs of work which will redefine core operations architecture and the processes they support.

One key element of the OOE is Strategic Ledger – The goal of the Strategic Ledger Program is to implement a new global financial accounting and general ledger platform that provides a daily ledger in every legal entity.  A single, universal Ledger with a unified chart of accounts, reducing approx. 250 accounting engines to 10-20 accounting hubs.  We will establish a single global Ledger operating model and end-to-end business process automated through Oracle, replacing multiple manual processes.  Migrating from ~100 ledgers and ledger standards today with a single global Citi ledger design template, initially rolled out in CBNA London Branch, before expanding to EMEA, Asia, LATAM and NAM.  The program will run through to the end of 2030.  Operations will be part of the end-to-end process and the OOE team will be the focal point to define, establish, and implement best in class operational capabilities aligned to the future state architecture, notably an intraday cash subledger which will service both internal and client cash requirements.

Key Responsibilities:

• Collate representative samples of data transmission through the existing production ecosystems

• Extrapolate / build test packs which cover 90% of use cases found in production

• Generate and maintain metadata on data transmission / native existing metadata and data dictionaries to provide context for data flows

• Provide supporting analysis to scope implementation steps and complexity; draft and share detailed artefacts such as run-books, go-live criteria, test approach and use cases.

• Participate in defining and executing user acceptance testing as required. 

• Model best practice data analysis execution and share approaches, promote standardization an  consistency across wider operations organization.

• Undertake specific data analysis disciplines and activities e.g. Engage in data profiling, sampling, test automation, metadata capture, impact analysis.

Qualfications:

5-10 + years of experience:

• Effective communication

• Imaginative and practical solution design

• Self-motivated, disciplined and accountable

• Problem solving to address challenges and obstacles that arise during implementation, identifying solutions and making informed decisions.

• Collaborative team participant, promoting teamwork, trust, and mutual respect.

• Decision making - decisive & data driven to provide clear guidance and alignment.

• Adaptability: Ability to navigate the team through ambiguity and embrace change

Technical Skills:

5-10 + years of experience:

• Domain expertise: Across Operations and Finance functions and tools.

• Change management: Implementations and transformation program expertise in finance and or operations.

• Data Migration: Knowledge in migration techniques and tools to ensure seamless transition of data from legacy to new GL platform.

• Process Improvement: Some exposure of process improvement

• General ledger Expertise: Partial understanding of GL, systems and their functionalities

• Business Knowledge: Working knowledge of both Markets and Banking products from transaction booking to cash settlement and controls therein.

Education:

• Bachelor’s/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.

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Job Family Group:

Operations - Core

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Job Family:

Operations Project Management

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Time Type:

Full time

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Primary Location:

New York New York United States

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Primary Location Full Time Salary Range:

$142,320.00 - $213,480.00

In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.

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Anticipated Posting Close Date:

Sep 12, 2024

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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.

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