Outsourcing and Internal Controls Governance, Vice President

Business: Finance

Division: Controller

Officer Title: VP

Location: Frankfurt

Legal Entity: CGME

Job Purpose/Overview:

The role is expected to oversee and coordinate local outsourcing governance, and ensuring compliance with relevant regulations and policies.  Outsourcing governance is a highly regulated area for CGME and we need this role to ensure that we can keep up with these extensive local requirements and with the internal frameworks which are quite rigorous, also given the Finance portfolio which is very diversified and highly complex. 
Additionally, the role is critical in assisting with and coordinating  internal and external audits, for Germany and CGME (a new MLE under ECB supervision) especially as we have multiple ongoing audits which have to be handled by, usually, the same team / people. 
The role is also expected to oversee the controls execution for the German legal entities, making sure that the various teams in Controller ( such as reg reporting and legal entity management) are adhering to the most recent internal governance standards that are available. 

Responsibilities:

•    Manage the outsourcing governance and subsequent monitoring oversight for the Germany Finance outsourcing portfolio.
•    Manage, as and when required, topics related to Third Party & Vendor Management.
•    Improve financial controls environment for the German legal entities and maintain regular and effective communication across Finance and other units in the organization.
•    Assist with the implementation of controls policies and procedures.
•    Leading and guiding internal and external audits within Finance area.
•    Coordinate topics related to issue management for Germany finance.
•    Coordinate internal reviews for Germany Finance.
•    Support, on an ad-hoc basis, with various other Finance specific tasks related to areas such as: Transfer Pricing, Governance, Year End Audit, ICAAP, etc.
•    Coordinate, where required, the preparation of materials to be used by Germany Finance for both internal and external meetings.
•    Appropriately assess risk when 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 behaviour, conduct and business practices, and escalating, managing and reporting control issues with transparency.
•    Understand the significant conduct risks specific to their product or function and individual role at CGME and comply with the roles and responsibilities defined by Citi’s policies and subordinate policy documents on conduct risk management.

Qualifications:

• Understanding of and practical experience with Finance processes ideally within Outsourcing Governance as well as Controls Environment.

•    Experience within a Finance Organization.
•    Fluent in English, German language skills would be an advantage.
•    Experience in a global company, working with regional leadership and matrix organization structure.
•    Experience working with off-shored teams and outsourced activities an advantage.

Education:

•  University/College degree, specialized in Accounting/Finance/Economics preferrable.