Expense Mgmt Invoice Operations Senior Analyst, Assistant Vice President

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Job Overview

The Global Business Expense Transparency (BET) team is responsible for managing Citi Investment Bank's trading costs (including brokerage, clearance and exchange fees) and Market Data Expenses. This includes providing transparency on nature of costs incurred, associated vendors and analytics of cost drivers whilst supporting the business managers with initiatives to reduce expenses. To facilitate this effort, the team undertakes an end-to-end suite of tasks including invoice receipt, invoice validation, expense allocations, expense reporting and supporting cost savings projects. The candidate will be required to support developing processes to measure productivity at the COE, manage critical external client relationships and institute robust controls and risk management techniques for functions performed by the invoice operations team.

The Supply Chain (SC) Expense Management Senior Analyst is an intermediate level position responsible for participating in procurement activities such as defining the need for goods and services, negotiating price contracts and authorizing payment for goods and services in coordination with the Corporate Services team. The overall objective of this role is to acquire goods and services requested by company personnel in support of the company's business.

Responsibilities:

• Complete deliverables, and develop presentations and complex models focusing on firm’s target setting and financial projections
• Assist with the development and testing of system enhancement projects related to the areas of organization, expense, and productivity
• Analyze specific expense categories to identify key drivers and efficiency opportunities in order to improve business profitability
• Partner with businesses across the firm to monitor expense trends, outlooks, Comprehensive Capital Analysis and Review (CCAR), and annual plan
• Support quarterly earnings and external reporting process
• Ensure initiatives are completed to high standards and in a timely manner
• Liaise with expense analytics team to assist with business process enhancements, ad hoc projects, and analyses
• Monitor and train analysts and new recruits to ensure quick development
• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.

Qualifications:

• Required 7-10 yrs of RTR process management (preferably Brokerage & Clearance related process)
• Required background in Finance
• Experience in Risk Management of Operations teams preferred
• Required strong interpersonal skills with ability to work with global teams
• Self-motivating with good leadership skills
• High level of enthusiasm and a good team player
• Preferred experience in migration of processes/change management
• Understanding of various systems like P2P, Flexcube, Recon applications, etc. would be a plus

Education:

• Bachelor’s degree/University degree or equivalent experience

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Job Family Group:

Corporate Services

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Job Family:

Supply Chain

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Time Type:

Full time

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Most Relevant Skills

Please see the requirements listed above.

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Other Relevant Skills

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

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