AVP, Regulatory Reporting Sr Analyst (Hybrid)

The Senior Analyst position is an integral member of the Global Regulatory and Capital Reporting (GRCR).  This 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 with Management on a regular basis and will also interact very closely with other groups throughout Citi, including Risk, Treasury, Controllers Transformation, and Finance & Risk Shared Services.   The core responsibilities will be continuous developing and coordinating a best-in-class change management process over the FR Y-9C, FFIEC 031 and other key reports. This is a recently established governance and controls function, focusing on both external and internal changes to regulatory reports. These changes would include, but not limited to regulatory forms/instructions/NPRs/Final Rules, internal financial and regulatory ledger account maintenance, accounting and regulatory interpretive guidance, logic-based rules and account mapping, reporting platform and upstream systems. This function is also expected to coordinate with other reporting change management teams (e.g., FR Y-14), Controller Transformation team (i.e., Change Management Forum as part of Consent Order deliverables) and other partners in Finance & Risk Shared Services and Technology.

Key Responsibilities:

• Leverage regulatory reporting or accounting background in performing a preliminary impact assessment on internal and external changes.
• Assist in implementing the new regulatory reporting policy, including governance around the reports produced by the Finance & Risk Shared Services, and implementation/execution of the regulatory reporting conformance controls.
• Assist in preparing and analyze metrics for senior management review.
• Coordinate between reporting & analytics teams and other stakeholders (e.g. Technology, Rules, Operations, Shared Services, etc.) that changes are appropriately implemented.
• Keep abreast of industry, regulatory, and accounting developments.  Apply solid knowledge of Finance/accounting concepts and principles to ensure accurate Regulatory Reporting filings. Continually monitor developments in the Federal Reserve Reporting Arena and assist the Citi Finance functions in implementing and meeting the reporting requirements.
• Assist in driving change implementation, process efficiencies and continuous process improvement efforts to strengthen controls.
• Participate in regulatory exams and internal audits. Maintain effective and professional relationships with regulators, internal and external auditors.
• Participate in projects and ad-hoc requests as needed due to increasing regulator demand.

This individual will have an opportunity to work with over 50 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.

GRCR’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:

• 3+ years of related experience.  Knowledge of regulatory reports (e.g. FR Y-9C, FFIEC 031, FR Y-15) is preferred.
• Bachelor's degree in Accounting/Finance.
• Interested in performing independent research and analysis of rules, regulations, instructions, and definitions.
• Comfortable with US GAAP (e.g. accounting pronouncements).
• Ability to innovate and champion process changes for efficiency and productivity.
• 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.
• Ability to work with multiple functions
• Proven problem-solving skills
• Consistently demonstrates clear and concise written and verbal communication skills
• Proficiency in Microsoft Office - Excel, Word, PowerPoint.

This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.

------------------------------------------------------

Job Family Group:

----------------------------------