Finance Regulatory Reporting SVP

The SVP 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, and regulatory remediation and analytics.  Other responsibilities include certain 10-Q/10-K disclosures, preparation/review of Board of Directors and Senior Management Presentations, 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 and execute regulatory remediation such as consent order deliverables and regulatory MRA/MRIAs

• Lead and participate in the review of multiple areas of regulatory filings such as FR Y-9C, Call Report, and other US Bank Regulatory Reports

• 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 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.

• Most have US Regulatory Reporting experience ( FR Y-9C, FFIEC 031, FR Y-15, FR Y-14, FFIEC 030, FR2314, FR Y-12 and other US Bank regulatory reports) 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<