Cross-disciplinary Controls Intermediate Analyst - C11 - MUMBAI

Job Purpose 

An excellent opportunity for results-oriented individuals seeking a career within Citigroup, and more specifically within the Finance Division. The purpose of the role will be to support the Global Financial Planning and Analysis (FP&A) organization within Finance with the performance of key activities as described below to drive strong strengthen governance, risk, and controls for FP&A processes globally.  

Job Background / Context 

Citi is the leading global financial services company with some 200 million customer accounts. It does business in more than 100 countries, providing consumers, corporations, governments, and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, and wealth management.  

Global Financial Planning & Analysis (FP&A) is a business advisory group which produces and leverages forward looking trends and tools to assess business performance, helps the firm optimize resource allocation and supports Citi’s CFO, CEO, Senior Management and Board of Directors in strategic decision making. Core FP&A processes include Weekly Financial Update (WFU) / Risks & Opportunities (R&O); Outlook; Quarterly Multi-Year Multi-Scenario Forecast (QMMF); Quarterly CEO Business Reviews; Annual CCAR; and Annual Strategic and Operating Plan for Citigroup and Citibank, N.A.  

The Global F&A Risk & Controls (R&C) Team’s objective is to establish and enhance governance, risk and controls processes that improve effectiveness, efficiency and transparency of the control environment around FP&A forecasting, planning, reporting, and advisory processes in alignment to Citi standards and in compliance with U.S. regulatory requirements. The team’s remit is inclusive of fulfilling the Finance Risk and Control Manager (FRCM) role and responsibilities for the Global FP&A organizations. The team is located in New York, Mumbai, London and Costa Rica and is organized around the following core pillars of global coverage: (1) Governance; (2) Operational Risk Controls, including Managers Control Assessment (MCA), (3) Compliance Risk Controls, (4) Models & EUC Oversight, (5) Issue Management & Reporting, and (6) External Engagement, as well as cross-team coordination/administration and jurisdiction specific R&C coverage for Mumbai and Costa Rica Analytical Centers.  

This position is aligned across Global F&A Risk & Controls (R&C) Team’s mandate affording the candidate a holistic view across the gamut of the team’s key responsibilities.  

Key responsibilities include support for the following: 

Governance, External Review, Reporting and Issue Management 

• Maintaining and managing inventory of FP&A Policies, Procedures, and local Standard Operating Procedure/guidance documents. 

• Execute monitoring/quality checks on controls across FP&A process: QMMF, Plan, Quarterly Outlook, WFU and Quarterly Business Reviews  

• Coordination of exams, audits, and monitoring of FP&A processes by regulators, Internal Audit, and External Audit 

• FP&A R&C Reporting  

• Management of end-to-end Issue Management process and lifecycle  

Manager’s Control Assessment (MCA) and Ops Risk 

• Management of MCA governance processes for FP&A inclusive of MCA architecture and framework, monitoring, and Risk Assessments, engaging 2ns and 3rd line as applicable 

• Coordinate Risk Id and Lines of Defense self-assessment 

EUC and Model Risk oversight 

• EUC oversight: 1) Compliance with EUC Policy & Standard Compliance Requirements, 2) Exception Monitoring, 3) New EUC Creation & Registration Approval, 4) EUC retirement  

• Model oversight: 1) Model Inventory Attestation, 2) MRM Policy Oversight, 3) Data Quality Oversight, 4) MRM EMP Control Monitoring 

Compliance

• Adherence to Finance function requirements inclusive of 1) Records Management, 2) Enterprise Resilience, 3) Information security, 4) Mandatory absence, 5) Personal Trading and Investment Policy 

Knowledge/Experience

• 3-6 years in a control/risk management experience ideally in regulated financial services industry 

• Strong knowledge and experience of internal control principles 

• Extensive business experience or equivalent experience 

• Experience with creating, reviewing, and driving implementation of action plans to be executed by the business unit, involving other supporting units as needed 

• Excellent interpersonal, written and communication skills to interface with all levels of management and across businesses and functions 

• Experience of driving programs in a matrix environment and gaining agreement between multiple teams  

Skills

• The candidate will need to be a self-starter with a focus on timely and accurate delivery 

• Ability to manage multiple tasks and priorities 

• Flexibility to adapt to changing demands and priorities 

• Excellent communication and influencing skills 

• Strong analytical and problem-solving skills 

• Attention to detail is an essential part of the job 

• Adaptability, multitasking, team management and strong project management skills 

• Interpersonal skills (ability to work with colleagues at all levels across multiple locations) 

• Ability to self-motivate and initiate change 

• Proficient use of Microsoft Applications (word, excel, power point, etc.), Experience of data visualization (Tableau) and AI tools   

Competencies

• Ability to think strategically and ‘connect the dots’, yet be detail-oriented, and manage multiple competing priorities including emerging risks to deliver solutions in an effective control environment 

• Ability to influence partners and be persuasive while working with cross-functional groups including teams outside FP&A– Business teams, Compliance, Operational Risk Management, Operations and Technology, Finance COO, etc. 

• Ability to collaborate with and lead others to achieve business objectives; flesh out and drive implementation of processes and procedures in resource constrained environment 

• Ability to communicate effectively with senior management  

• Ability to work with multi-disciplinary teams from different locations globally