The Central Controls Oversight Manager role is a senior management position within the Controllers Organization that will report to the Risk Weighted Assets "RWA" Close and Operations Manager. The individual will drive end to end SACCR controls monitoring and oversight to deliver month-end data accuracy and completeness of the firm and bank's RWA calculation and reporting. The position will lead the end-to-end controls operating model designed to clear control breaches,assign and support tactical and strategic remediation plans, assess impacts, lead escalations, and conduct exception reporting for senior committees. Thiswill have a high level of visibility within the organization with opportunities to work directly with other Finance and non-Finance functions throughout Citi, including the Businesses, Risk, Treasury, Financial Planning & Analysis, as well as Enterprise Technology, & Operations.
Responsibilities:
Manage a team of Controls Oversight Analysts and direct cross functional Control Owners
Design and document SA-CCR RWA Controls runbook and exception management process
Lead end-to-end SA-CCR RWA controls runbook and deliver reporting accuracy and completeness
Perform control monitoring on a daily and weekly basis in accordance with SA-CCR documentation runbook and document results
Coordinate issue management, escalations, remediation and reporting of control breaches prior to and during the month-end close cycle
Facilitate root cause analysis and identify remediation plans
Report on control breaches and exception utilization and associated impacts
Present reporting of control status and exceptions in executive committees
Leverage exception logs at Month-End to pursue intramonth strategic remediation of issues to prevent recurrence
Continually assess controls effectiveness and suggest improvements
Support manager controls assessment analysis
Partner with Regulatory Capital Policy team to ensure that Basel rules are adhered to control exception management
Work with key business and technology and operations stakeholders to lead the development of process efficiencies and improvement efforts as well as data quality improvement projects.
Manage activities, including closing the books, preparing appropriate required adjustment entries and consolidating control reporting at the end of each accounting period
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 others and create accountability with those who fail to maintain these standards
Qualifications:
15+ years of extensive experience within the financial services industry and regulatory reporting
8-10+ years managerial experience
Able to navigate through a large organization to streamline and summarize multiple information points and create repeatable processes to build consistency in presenting information
Exceptional communication and writing skills, with ability to synthesize complex concepts, and translate into "user-friendly" language for multiple audiences, including senior management, multiple internal constituents and regulators
Strong technical problem-solving skills and an ability to identify conflicts, discrepancies and other issues and bring together the right team to solution them
Strategic mindset, ability to plan ahead to future possibilities and translate them into breakthrough strategies
Ability to manage competing priorities and tasks in a complex and dynamic and work well as part of a team
Audit and controls experience strongly preferred
Knowledge & understanding of Basel RWA calculations and reporting preferred
Advanced English Skills required.
Previous supervisory experience preferred
Education:
Bachelor's/University degree in Finance or Accounting
Master's degree preferred
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Job Family Group:
Finance------------------------------------------------------
Job Family:
Financial Reporting------------------------------------------------------
Time Type:
Full time------------------------------------------------------
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