RegInsight / Local Regulatory Reporting Centralized team Jr. Analyst

Job Background and Purpose:

Citi as the leading global bank is present in 100+ countries, 16 of which are in Asia.  In each of these countries the Central Banks and other financial regulatory bodies require the timely and accurate reporting of prudential requirements and other monetary statistics. The Citi global platform, RegInsight, together with standard data stores helps meet the evolving regulatory reporting needsCiti in Asia is rolling out RegInsight for Local Regulatory Reporting (“LRR”) using a standardized and automated approach. A few Asia countries have started to implement RegInsight and more countries will follow in the years aheadIn order to execute the implementation programs in a more efficient manner, Citi is setting up a centralized team in Asia to support the Asia country programs and the reporting processes. The centralized team members will be mostly based in Manila, which is one of the strategic sites of Citi Finance for US Reporting, and will work closely with representatives in the Asia countries such as Australia, Hong Kong, Singapore and India in meeting the countries’ reporting obligations to their specific regulators

Key Responsibilities of the centralized team members:

RegInsight implementation:

Review local regulatory reports across the region to identify common reports and set up standards for classificationIdentify and analyze country’s critical data elements and attributes for LRRPerform data quality review in particular for data coming from systems other than GenesisHelp to resolve data issues by interacting with multiple functions like country Finance, FRSS and Global Data Services teamsLiaise with country Finance SMEs, Technology colleagues of GFTS, and other relevant parties to write LRR rules in Rule Harmony for countriesAssist country to design and perform UAT and parallel testingSupport countries to implement other LRR projects e.g. Local RWA Optima RegInsight Implementation program

Others:

Assist countries to institutionalize global LRR Governance standards and processes for issue tracking and reporting, GRITT maintenance, and to facilitate oversightPerform on-going review, e.g. EUCs, to help standardize and optimize current LRR processes to increase efficiency and enhance controlsSupport RegInsight LRR change management activitiesProvide support to in-country Finance teamsLead/participate in future process migration activities

Development Value:

The opportunity to work with people from different functions and different countriesOpportunities to gain a thorough knowledge of several Finance processesEnhance knowledge about banking products and their accounting/reporting rulesObtain and enhance knowledge regarding specific regulatory rules in different Asia countries

Knowledge and Experience:

4-6 years of work experience in accounting (IFRS, local or US GAAP) financial reporting/auditing rolePrior experience in regulatory reporting role is an advantageFinancial product knowledge

Skills:

Strong planning & organizational skillsEfficient and effective time managementFluent English knowledgeProfessional communication & interpersonal skillsExcellent analytical skillsAdvanced MS Excel knowledge

Qualifications:

University/College degree in finance/accounting/IT

Competencies:

Highly motivated with analytical & problem solving abilitiesAbility to interpret & implement regulatory guidelines & professional standardsDemonstrated ability to complete tasks within tight deadlinesNeeds to have excellent ability to pay attention to details and handle large volume of dataAble to work under pressure in different locations and in virtual teamsCreative, proactive and flexibleEnthusiastic team player

Preferred/Optional:

Ability to apply ETL (Enhance, Transform, Load) techniques to transform data into usable format for consumptionBasic Oracle/SQL/MS-Access knowledge is an added advantageKnowledge of an additional Asia languageProject Management experience and other IT skills

------------------------------------------------------

Job Family Group:

Finance

------------------------------------------------------

Job Family:

Financial Reporting

------------------------------------------------------

Time Type:

Full time

------------------------------------------------------

Citi 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.

View the "EEO is the Law" poster. View the EEO is the Law Supplement.

View the EEO Policy Statement.

View the Pay Transparency Posting