Local Regulatory Reporting Senior Business Analyst

Posted:
8/8/2024, 5:00:00 PM

Location(s):
Central Hungary, Hungary ⋅ Budapest, Central Hungary, Hungary

Experience Level(s):
Senior

Field(s):
Business & Strategy ⋅ Legal & Compliance

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.

EMEA Regulatory Reporting Citi Solutions Centre (CSC) in Budapest is a key part of the Finance function.  It is Citi’s pioneering centre on a global scale where local regulatory reporting professionals work together in a central location, to ensure consistent quality of reporting across multiple countries.  The LRR Implementations team work on automating manual processes, and managing change for automated solutions.

As part of this team of diverse and supportive professionals, the main tasks are concerned with working with Finance reporting teams as well as the Technology department on automation projects covering regulatory reports.

What you’ll do:

  • Business analysis of existing regulatory reporting processes and solutions
  • Shadow the Reporting teams to understand requirements and challenges
  • Provide support to CSC and country Finance teams on an ad-hoc basis (e.g. audits, regulatory inquiries, resource challenges)
  • Support project efforts in the capital, financial and statistical reporting domain
  • Raise data gaps and data accuracy issues using Citi's escalation process (IMR)
  • Write and update business requirement documentation
  • Write and manage test scripts for User Acceptance Testing
  • Coordinate handover of solutions and provide system trainings to reporting team
  • Timely escalation of risks and issues related to the projects
  • Liaise with multiple departments at global, regional and country level
  • Documentation of new processes and preparation of user guides for new systems or features
  • Support the work of the Financial Reporting Senior Manager by executing further relevant tasks he/she allocates

What we’ll need from you:

  • Experience in business analyst role for a system implementation project
  • Experience in financial or risk regulatory reporting
  • Familiarity with capital, financial or statistical (COREP, FINREP, Anacredit)
  • Knowledge of the software development lifecycle
  • Understanding of liquidity management is beneficial
  • Accounting and/or financial reporting experience
  • Advanced MS Excel knowledge
  • Fluent English knowledge
  • University / College degree or equivalent in finance / accounting
  • 6+ years of work experience in financial reporting or system implementation roles
  • Knowledge of capital market products and Liquidity reporting regulation are an advantage

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.

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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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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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