Senior Vice President Finance Reporting - Sr. Lead Analyst
Company: Citi
Location: New York
Posted on: April 28, 2024
Job Description:
The Senior Lead Analyst position is an integral member of the
Global Regulatory Reporting Group (GRR). The GRR Group is a
high-profile function, providing financial information to the
regulators including the Federal Reserve Bank (FRB) and Office of
the Comptroller of the Currency (OCC). The position will have a
high level of visibility within the organization with opportunities
to work directly on a regular basis with Management and will also
interact very closely with other groups throughout Citi, including
Risk, Treasury, Controllers, SEC Reporting, Accounting Policy,
Financial Planning & Analysis and Capital Planning. The core
responsibilities include preparation and analysis of the quarterly,
semi-annual and annual Regulatory Reports required by FRB and OCC
for Citigroup and Citibank entities, including FR Y-9C, Call
Report, FR Y-15 and Comprehensive Capital Assessment Review (CCAR).
Other responsibilities include certain earnings release, 10-Q/10-K
disclosures, preparation/review of Board of Directors and Senior
Management Presentations and Analyst Packages, maintenance of the
global Accounting Policy Manual, internal controls on Regulatory
data integrity, data quality improvement projects as well as
implementation of new reporting systems. Responsibilities:
- Lead the review of multiple areas of regulatory filings such as
FR Y-9C, Call Report, FR Y-15, Comprehensive Capital Analysis and
Review (CCAR) and 10Q/10K etc.
- Lead in-depth analysis of variances focusing on various
products such as loans, securities, deposits and derivatives,
incorporating the understanding of regulatory reporting along with
financial analysis in order to communicate results to Senior
Management and US Regulatory Agencies.
- Keep abreast of industry, regulatory, and accounting
developments. Apply solid knowledge of Finance/accounting concepts
and principles to ensure accurate Regulatory Reporting filings.
Review new regulatory reporting requirements and US GAAP accounting
pronouncements, to determine the impact on the Regulatory Report
filings. Continually monitor developments in the Federal Reserve
Reporting Arena and assist the Citi Finance functions in
implementing and meeting the reporting requirements.
- Communicate effectively, clearly, concisely and accurately
using written and verbal communications with Senior Management,
Regulatory Agencies and Internal/External Auditors as well as the
investor community
- Exceptional verbal and written presentation skills, with the
ability to present complex concepts in a concise, succinct manner
to all organizational levels.
- Work and partner with multiple areas across Citi, including
Controllers, SEC Reporting, Treasury, Risk, Accounting Policy,
Financial Planning and Analysis, Mergers & Acquisitions, Legal, and
Investor Relations to maintain a high level of quality and accuracy
of the report filings. Establish strong working relationships with
key contacts.
- Manage, train, mentor, and evaluate assigned staff.
- Drive reengineering, process efficiencies and continuous
process improvement efforts to strengthen controls. Participate in
data quality improvement projects including GENESIS/U.S. Regulatory
Reporting Initiative (USRRI) to strengthen controls and improve
report accuracy.
- Lead/participate in regulatory exams, internal audits and
address external analysts' questions. Maintain effective and
professional relationships with regulators, internal and external
auditors.
- Lead/participate in projects and ad-hoc requests.
- Other responsibilities include conducting thorough research and
analysis of regulatory reporting, and other regulatory matters, as
warranted, and presenting results in a well-conceived and clear
fashion.
- This individual will have an opportunity to work with team
members across NY and Tampa, primarily consisting of MBAs and CPAs,
who are engaged with and supportive of one another and in an
environment which promotes and sustains continuous development and
growth. Global Regulatory Reporting Group's mission is to provide
complete and accurate consolidated financial statement analysis and
other related information to the regulators, investors, outside
analysts and senior management on a timely basis and in the most
efficient manner possible. Qualifications:
- Minimum 10+ years of financial analysis/reporting experience,
preferably US Regulatory Reporting experience (e.g. FR Y-9C, FFIEC
031, FR Y-15) related to various products such as loans,
securities, deposits and derivatives. Strong familiarity with
GAAP/SEC financial reporting.
- Bachelor's degree in Accounting/Finance.
- CPA/MBA Preferred.
- Strong leadership skills.
- Ability to innovate and champion progress for efficiency and
productivity.
- Sense of urgency in implementing processes and evaluating
priorities; decisive, action-oriented and practical.
- Ability to align teams and resources to fit the overall
strategy.
- Highly motivated and goal-oriented with ability to lead in a
professional and challenging environment and deliver results
against fast-paced deliverable deadlines
- Demonstrated ability to manage multiple priorities under
demanding time frames and respond appropriately and competently to
the demands of work challenges when confronted with changes,
ambiguity, adversity, and other pressures.
- Flexibility to work under pressure to meet changing work
requirements and strict deadlines.
- Outstanding presentation, communication, interpersonal and
coaching skills.
- Ability to work with different levels of management. Ability to
develop effective and productive working relationships with a wide
range of groups across Citi as well as external auditors and
regulators.
- Able to analyze and think through highly complex issues.
Appropriately execute and implement against a well thought through
framework in a seamless manner.
- Strong strategic thinking skills.
- Experience with systems implementation and automation a
plus.
- Technology savvy - Proficiency in Microsoft Office - Excel,
Word, PowerPoint Education:
- Bachelor's degree/University degree or equivalent
experience
- Master's degree preferred
------------------------------------------------------ Job Family
Group: Finance
------------------------------------------------------ Job Family:
Financial Reporting
------------------------------------------------------ Time Type:
Full time ------------------------------------------------------
Primary Location: Long Island City New York United States
------------------------------------------------------ Primary
Location Full Time Salary Range: $163,600.00 - $245,400.00 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.
------------------------------------------------------ Anticipated
Posting Close Date: Jul 31, 2024
------------------------------------------------------ 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 .
Keywords: Citi, Jersey City , Senior Vice President Finance Reporting - Sr. Lead Analyst, Accounting, Auditing , New York, New Jersey
Didn't find what you're looking for? Search again!
Loading more jobs...