Finance Reporting Analyst 1, Officer (Hybrid)

Citi Bank

0 - 3 years

Mumbai

Posted: 17/12/2024

Job Description

This is an analyst position for Finance Controllers with overall responsibility for delivery and governance covering Basel III reporting & disclosures. The position is based in our Mumbai office and will support global business.

Team Roles & Responsibilities

  • Responsible for analyzing and reporting Credit Risk Weighted Assets (RWA) under US Basel rules for Banking Book
  • Responsible for understanding the drivers of the MoM or QoQ movements and validates RWA results through business, technology or SME confirmations during the month end close
  • Utilize knowledge of products, systems and process flows to provide insight and recommendations on identified issues
  • Establish, maintain and enhance related operational procedures, ensuring key controls are in place
  • Generate reports used to monitor data quality exceptions and top variance drivers
  • Work with Tech on MQCs and JIRAs to raise, track and remediate DQ issues
  • Monitor and take action to ensure RWA with proxy values are not reported above threshold, including raising incident tickets, liaising with relevant teams and escalating as necessary.
  • Responsible for both Retail Reporting process and RWA Retail Analytics support for exposures going through consumer models.
  • Data accuracy and completeness check in the form of Retail Decomposition and Gross Credit Loss Recoveries reconciliation, Retail Treasury uploads to Optima
  • Perform Retail RWA Analytics including RWA Variance Production and Attribution Analysis, Topside Preparation, Cluster Change Analysis, and general business query support.
  • Work on strategic initiatives related to improvement of calculation and RWA processes
  • Develop relationship with key stakeholders and help the team improve SME skill sets by providing or managing training program
  • Support the analysis and submission of reports to various constituencies including but not limited to Basel III based on requirements such as US GAAP and US Regulatory reporting
  • Regulatory RWA Report FFIEC submission
  • Contribute to Pillar 3 disclosures
  • Build senior leadership packs for review at Bank and MLE
  • Make use of automation tools to make the processes more efficient
  • Participate in post-mortem efforts post month-end and quarter-end reporting

Qualifications & Skillsets

•               0-3 years of relevant experience

•               Previous supervisory experience

•               Demonstrated skills on process automation /digital transformation

Education:

CA/CPA/CMA/B. Tech/University degree or equivalent experience

FRM/ CFA Qualification is a plus

About Company

Citi Bank, officially known as Citibank, is a global financial institution and the consumer division of Citigroup, a leading multinational banking corporation. Established in 1812, Citibank provides a wide range of financial services, including retail banking, credit cards, personal loans, wealth management, and investment banking. With a strong presence in over 100 countries, it serves millions of customers worldwide, offering both individual and business banking solutions. Citibank is known for its digital banking innovations, global reach, and commitment to financial inclusion and economic growth.

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