Finance Cross-disciplinary Controls Lead Analyst - C13 - MUMBAI

Individuals in Cross Disciplinary Controls are responsible for multiple activities within the Controls capabilities such as assessment & design, MCA, QA, Monitoring & Testing, Issue Management and/or Governance Reporting & Analysis for effective end to end oversight, design, implementation, and execution of controls. Individuals in this role may cover a broad range of in-business/function risk and control responsibilities rather than focusing on one specific role.

Responsibilities: 

• Support the assessment the effectiveness of existing controls, identifying areas for improvement, and implementing necessary changes.
• Help drive and manage controls enhancements focused on increasing efficiency and reducing risk.
• Assist in the execution of Enterprise Risk Management Framework and adherence with Risk Management and Compliance Policies.
• Help support the oversight the MCA program, including the annual/semi-annual/quarterly/monthly attestation, quality oversight, and related reporting.
• Assist in the execution of the MCA in accordance with the ORM Policy & Framework, as well as applicable Policies, Standards, and Procedures.
• Help assess activities and processes as per required Policies, Standards and Procedures to strengthen risk management quality.
• Collaborate with key stakeholders to develop comprehensive corrective action plans to address identified control gaps or failures
• Participate in issue quality reviews ensuring compliance with
• Issue Management Policy, Standards and Procedures • Support development of standardized risk and controls reporting to ensure sound, reliable, and consistent information exists across the organization, enabling better management and decision-making in line with the expectations of senior management, Board, and Regulators.
• Participate in the oversight of the operations of Citi's governance committees, including coordinating meetings, managing agendas, and ensuring follow-up on action items.
• 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, as well as effectively supervise the activity of teams and create accountability with those who fail to maintain these standards

Qualifications: 

• Minimum of 6-10 years of experience in operational risk management, compliance, audit, or other control-related functions in the financial services industry.
• Ability to identify, measure, and manage key risks and controls.
• Strong knowledge in the development and execution for controls.
• Proven experience in control related functions in the financial industry.
• Proven experience in implementing sustainable solutions and improving processes.
• Understanding of compliance laws, rules, regulations, and best practices.
• Understanding of Citi’s Policies, Standards, and Procedures.
• Strong analytical skills to evaluate complex risk and control activities and processes.
• Strong verbal and written communication skills, with a demonstrated ability to engage at the senior management level.
• Strong problem-solving and decision-making skills
• Ability to manage multiple tasks and priorities.
• Proficiency in Microsoft Office suite, particularly Excel, PowerPoint, and Word.

Education: 

Bachelor's/University degree, Master's degree preferred

Job Title:  VP, Finance Solutions Lead Analyst

Job Description:

The Global Financial Controls (GFC) team is strategically placed within the Controller’s Chief Administrative Office under Finance.

This role will drive Process Deep Dives and Audit / Exam management and will closely work with Citi Controllers Team, All three Lines of Defense (LOD) and other compliance teams. Requires a strategic professional who closely follows latest trends in own field and adapts them for application within own job and the wider team.

• Excellent communication skills are must to negotiate with senior stake holders.
• Developed Inter-personal skills are required to guide, influence, and convince others, in particular colleagues in other areas.

Key Responsibilities:

As part of GFC Americas Audit and Exam Management Team, responsible for:

• Work as an advisor for the Controllership on various Risk & Control aspects, provide expert opinion and feedback.
• Drive process reviews across different Finance Controllerships, including developing review program to ensure policies, procedures and controls are adequate and effectively implemented to ensure risks are mitigated.
• Giving independent and objective assessments of the health of control environment and internal controls
• Engage with Senior stakeholders on the health of the Risk & Control environment, advise and support on formulating the actions mitigate the risks, key control deficiencies, analyze root cause.
• Propose recommendations to enhance control and operational efficiency, identifying & recommend other areas of improvement.
• Collaborate with cross-functional teams to understand the end-to-end process to identify the risk and management strategies.  

• Engage with Internal Audits Teams to support / develop in planning and finalizing Audit Entities, Audit Periods and Scope.
• Accountable to planning for the Audit Reviews in preparation of the audits, execution of reviews and recommendation of areas for action / improvement.
• Responsible for managing multiple audits at the same time, work as an escalation point for Internal Audit team, conduct periodic meetings with Internal Audit and assesses any possible issues.
• Responsible for continues engagement with the Controllers Team (auditees) to set up a structure for upcoming audits, including clear expectations, TATs on deliverables and periodic reporting.
• Work with Audit Team and Controllers to finalize the RCM, ensuring its factually correct and listed controls are within the audit scope.
• Accountable for managing the audit requests, ensuring they are met on timely and completely, timely heads up for Audit teams for any delays and escalations to senior stakeholders in controllership for any delays.
• Partner Audit Teams and Controllers to audit issues which have a clear actionable plan and identify owners.

Leadership:

• Responsible for review of deliverables / issues before they are finally submitted ensuring they are factually accurate; issues are clearly articulated along with impact.
• Drive the inclusion culture within the team and lead by example.
• Feedback is key for any person to grow and develop, this role would be required to provide constructive feedback to the team either immediate team or functional reporting for a project.

Qualifications:

• CPA / CA/ CIMA or any other equivalent master’s degree
• 10+  years relevant working experience in Audit, Risk Management, Finance, Accounting, Management, or related field
• Prior banking Experience would be plus.

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