Transformation is responsible for the delivery and governance of all Controllership strategic transformation initiatives and Consent Order commitments and programs, which include but not limited to, Regulatory Reporting Transformation, Report Onboarding, Spot Risk Weighted Assets (RWA) Transformation, Accounting, Ledger and Close (AL&C), and Integrated Controllership Delivery. The Controllers Consent Order Governance Lead will ensure that transformation efforts are consistently and effectively governed in alignment with Citi policy and standards.
Own and manage the overall Controller Transformation Governance workstream on behalf of the Controller Transformation Lead.
Lead Controller Transformation governance activities, enforce consistent governance structures across programs, and ensure alignment and adherence to firm-wide requirements for regulatory program management and oversight.
Define and implement the critical controls (GPMP / MCA) to mitigate key inherent risks in transformation delivery, ensuring all remain within risk appetite.
Partner with Finance, COO, Lines of Business, Operations and Technology to drive adoption of transformation outcomes.
Provide oversight and validation of Consent Order Action Plan milestones and deliverables in partnership with transformation program leads.
Ensure consistency of program scoping and closure documentation and related artifacts in accordance with Citi guidelines.
Coordinate program intra- and inter-dependencies across business stakeholder groups.
Oversee the definition and reporting of program level metrics, risk reduction and efficiency measures.
Own the preparation of progress and status updates, quarterly regulatory updates and ad-hoc regulatory requests (both to US and non-US regulators).
Drive engagement with the different levels of control defenses in Citi, ensuring effective challenge and response across Controller transformation programs. Partner with independent Risk & Control teams and manage interactions and resolution of queries from Quality Control (e.g. BFQC, TLQC) and Lines of Defense (e.g. ORM, ICRM, IA).
This is a high-profile role within Citi’s Controller Transformation, with a global scope. Ideal candidates would have an in-depth knowledge of Controllership activities and Citi program management and regulatory program execution requirements. Experience should be gained through significant experience in a senior Controller, Finance Transformation role at Citi or a similar institution. The role holder will be expected to provide both strategic and operational thought leadership over Controller Transformation delivery with the ability to lead and influence a wide number of stakeholders, virtual and matrix teams at Director and MD level.The role requires:
Detailed knowledge of Citi’s businesses and products
Detailed understanding of accounting concepts, both US GAAP/IFRS
Detailed understanding of Citi's Policy Governance framework
Detailed understanding of Citi's Consent Order / Regulatory execution frameworks
Strong network of senior finance, Business, Operations and Technology stakeholders
Ability to influence senior Finance, Business and Operations senior management at MD level
A strong track record in driving global change from within a finance function, with significant experience with process re-engineering / process improvement, design and implementation of finance processes
Ability to communicate effectively, both written and verbal, across organizational levels, functions and regions
Understanding of the regulatory and control requirements around Citi’s Transformation activities including ICOFR and SOX
Individual should be analytical, flexible, team-oriented, have good interpersonal, communication, and follow-up skills with strong attention to detail and ability to multi-task.Qualifications
Bachelor’s degree in Finance, Accounting, Business, Management or related field
10+ years of experience in Accounting, Finance, Business or related field in the Financial Services industry is required
Experience in Risk and Control design and implementation
Experience within a senior Controller, Shared Services or Technology role is preferred
Significant experience in Process re-engineering and current/target state process mapping
Proficiency in Microsoft Office products.
Job Family Group:FinanceJob Family:Fin Solutions Dsgn & ImplementTime Type:Full timePrimary Location:Tampa Florida United StatesPrimary Location Full Time Salary Range:$170,000.00 - $300,000.00In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.Anticipated Posting Close Date:Dec 13, 2024Citi is an equal opportunity and affirmative action employer.Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi (https://www.citigroup.com/citi/accessibility/application-accessibility.htm) .View the "EEO is the Law (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf) " poster. View the EEO is the Law Supplement (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/OFCCPEEOSupplementFinalJRFQA508c.pdf) .View the EEO Policy Statement (http://citi.com/citi/diversity/assets/pdf/eeoaapolicy.pdf) .View the Pay Transparency Posting (https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp%20EnglishformattedESQA508c.pdf)Citi is an equal opportunity and affirmative action employer.Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.
