RegInsight Local Regulatory Reporting Centralized Team Senior Analyst,...

Shape your Career with Citi Citibank serves as a trusted advisor to our retail, mortgage, small business and wealth management clients at every stage of their financial journey. Through Citi's Access Account, Basic Banking, Citi Priority, Citigold and Citigold Private Client, we offer an array of products, services and digital capabilities to clients across the full spectrum of consumer banking needs worldwide. We’re currently looking for a high caliber professional to join our team as Assistant Vice President, RegInsight Local Regulatory Reporting Centralized Team Sr. Analyst - Hybrid (Internal Job Title: RegInsight Local Regulatory Reporting Centralized Team Sr. Analyst - C12 ) based in Citi Plaza, Taguig City, Philippines. Being part of our team means that we’ll provide you with the resources to meet your unique needs, empower you to make healthy decision and manage your financial well-being to help plan for your future. For instance: Citi provides programs and services for your physical and mental well-being including access to telehealth options, health advocates, confidential counseling and more. Coverage varies by country. We believe all parents deserve time to adjust to parenthood and bond with the newest members of their families. That’s why in early 2020 we began rolling out our expanded Paid Parental Leave Policy to include Citi employees around the world. We empower our employees to manage their financial well-being and help them plan for the future. Citi provides access to an array of learning and development resources to help broaden and deepen your skills and knowledge as your career progresses. We have a variety of programs that help employees balance their work and life, including generous paid time off packages. We offer our employees resources and tools to volunteer in the communities in which they live and work. In 2019, Citi employee volunteers contributed more than 1 million volunteer hours around the world. 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 needs Citi 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 ahead In 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: Requirements Phase Responsible to understand and translate Asia local regulatory report requirements and its interpretation while identifying commonality and standards for classification in liaison with Finance SMEs and Technology Colleagues. Deliver decomposed local regulatory report forms / schedule to identify critical information / data and its expected values. Submit and discuss documentation to source data from a central database, specifying the actual requirement, expected values, and checks required for the data to be consumed. Clearly discuss requirements on data issues by interacting with multiple functions like country Finance, FRSS and Global Data Services teams. Rules Development Phase Deliver Mapping (Rules) Design, Documentation, Writing, and Review in accordance with identified requirements. Testing Phase Deliver Data Quality review of identified data in partnership with other work streams in the Centralized Team. Complete UAT and Parallel Testing through Test Scripts in partnership with other work streams in the Centralized Team. Others: Support RegInsight LRR change management activities,requirements tracing and rules governance Lead/participate in other transformation initiatives to support Finance’s journey to become Best-in-Class Finance. Development Value: Opportunity to work with people from different functions and different countries. Opportunity to gain thorough knowledge of Finance processes Enhance knowledge about banking products and their accounting/reporting rules Obtain and enhance knowledge regarding specific regulatory rules in different Asia countries Knowledge and Experience: 7-9 years of work experience in accounting (IFRS, Local or US GAAP) financial reporting/auditing role Regulatory Reporting experience Production or Implementation highly advantageous Basel 2/Basel 3 reporting experience highly advantageous Prior experience in IT projects for reporting is an advantage Basic Oracle/SQL/MS-Access knowledge Advanced MS Excel knowledge Fluent English Skills: Strong planning & organizational skills Efficient and effective time management Strong interpersonal skills and ability to work with multiple functions Excellent analytical skills Qualifications: University/College degree in finance/accounting/IT CPA is advantageous Competencies: Goal oriented, highly motivated with analytical & problem solving abilities Ability to interpret & implement regulatory guidelines & professional standards Needs to have excellent ability to pay attention to details and handle large volume of data Able to work under pressure in different locations and in virtual teams to meet tight deadlines. Demonstrated ability to supervise/motivate other team members and through influencing skills to improve relationship with seniors and peers. Creative, proactive and flexible Enthusiastic team player Preferred/Optional: Ability to apply ETL (Enhance, Transform, Load) techniques to transform data into usable format for consumption Hands on project management experience Working at Citi is far more than just a job. A career with us means joining a family of more than 230,000 dedicated people from around the globe. At Citi, you’ll have the opportunity to grow your career, give back to your community and make a real impact. Take the next step in your career,apply for this role at Citi today #J-18808-Ljbffr