Local Regulatory Reporting Business Analyst

Discover your future at Citi

Working at Citi is far more than just a job. A career with us means joining a team of more than 230,000 dedicated people from around the globe. At Citi, you’ll have the opportunity to grow your career, give back to your community and make a real impact.

Job Overview

EMEA Regulatory Reporting Citi Solutions Centre (CSC) in Budapest is a key part of the Finance function. It is Citi’s pioneering centre on a global scale where local regulatory reporting professionals work together in a central location, to ensure consistent quality of local regulatory reporting across multiple jurisdictions and legal vehicles. The department’s role encompasses from end to end the reporting processes centralized in the CSC for regulated legal vehicles in the EMEA region. Members of the CSC always strive to improve processes and strengthen the control environment, while continuing to make Citi a great place to work.

What do we offer?

• Unique opportunity to gainstrong technical knowledgeof a full range of investment banking products.

• Equal opportunityfor all of our colleagues to climb up the career ladder.

• Freedom to succeedin a dynamicenvironment: creative and innovative ideas are encouraged and recognized.

• A positive and inclusive work environment in whichdiversity and cross-regional work-streams are key components.

• Agile working: the office in Budapest is based around a state of the art flexible floor plan called ‘Citi-Works’. This delivers a positive and bright work environment.Flexible workingis also provided to all employees.

• Opportunity to participate in processreengineering and digitization.

• A great place to be part of asocially active team: the chance to participate in regular charity events and social gatherings.

What do you do as a Finance Business Analyst?

• Perform analysis of existing regulatory reporting processes and solutions. Understand requirements and challenges from reporting teams.

• Review and understand regulatory requirements for Basel3/CRR2.

• Raise data gaps and data accuracy issues using Citi’s IMR process.

• Perform data quality remediation activities (e.g. build proper daily data sourcing to ensure consistent results with month-end for balance sheet data, ensure completeness of data used for reporting by additional acquisition of data).

• Prepare documentation of new processes and user guides for new systems and maintains these documents.

• Liaise with multiple departments at global, regional and country level at various levels of seniority to resolve issues.

• Provide support to CSC and country Finance teams on an ad-hoc basis (e.g. audits, regulatory inquiries). Support reporting team in testing process.

• Support the work of the Financial Reporting Group Manager by executing further relevant tasks he/she allocates.

What do we expect from our Finance Business Analyst?

• 4+ years of experience in financial or risk regulatory reporting or system implementation roles.

• University/College degree (in Finance/Accounting is an advantage but not a must and we are open to other majors).

• Strong analytical and communication skills. Excellent verbal and written English.

• Excellent interpersonal skills, able to deal with a range of senior/junior staff across a number of disciplines.

• Familiarity with COREP, Basel3 regulations and capital markets.

• Knowledge of the software development lifecycle.

• Advanced MS Excel knowledge, familiarity with advanced data tools (e.g. Python, KNIME, etc.) is an advantage. Training will be provided on other in house and industry standard systems used within this position.

What we can offer you

By joining Citi Hungary, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive compensation package and enjoy a whole host of additional benefits that support you (and your family) to be well, live well and save well:

• Cafeteria Program

• Home Office Allowance (for colleagues working in hybrid work models)

• Paid Parental Leave Program (maternity and paternity leave)

• Private Medical Care Program and onsite medical rooms at our offices

• Pension Plan Contribution to voluntary pension fund

• Group Life Insurance

• Employee Assistance Program

• Access to a wide variety of learning and development programs, online course libraries and upskilling platforms, such as Udemy and Degreed

• Flexible work arrangements to support you in managing work - life balance

• Career progression opportunities across geographies and business lines

• Socially active employee communities with diverse networking opportunities

Alongside these benefits Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day.  We want the best talent around the world to be energized to join us, motivated to stay, and empowered to thrive. 

Sounds like Citi has everything you need? Then apply to discover the true extent of your capabilities.

#LI-MF1

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Job Family Group:

Finance

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Job Family:

Financial Reporting

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Time Type:

Full time

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Most Relevant Skills

Assessment, Balance Sheet, Business Acumen, Constructive Debate, Financial Accounting, Financial Reporting, Internal Controls, Policy and Regulation, Problem Solving.

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Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

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Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.

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