Full-Time

Finance Controls Testing Vice President

Confirmed live in the last 24 hours

Citigroup

Citigroup

10,001+ employees

Global financial services and banking provider

Fintech
Social Impact
Financial Services

Compensation Overview

$103.9k - $155.9kAnnually

+ Incentive Awards + Retention Awards

Senior, Expert

Florence, KY, USA + 1 more

More locations: Jacksonville, FL, USA

Hybrid position; candidates must work in-office part-time.

Category
Financial Planning and Analysis (FP&A)
Risk Management
Finance & Banking
Required Skills
Word/Pages/Docs
Risk Management
Confluence
Excel/Numbers/Sheets
Requirements
  • 6-10 years of experience including Finance and Risk & Controls roles
  • Experience in a finance function at a Global Bank or Financial institution preferred (e.g. Controllers, Treasury, FP&A, Tax, Regulatory Reporting)
  • Understanding of Financial Products and Services
  • Subject matter expert of Controls design, execution and/or control testing
  • Excellent understanding Internal Controls and MCA (Managers Control Assessment) frameworks and processes
  • Advanced Microsoft Office skills, particularly strong in MS Word, MS Excel, MS PowerPoint, and MS SharePoint and MS Teams
  • Exposure to Testing tools / harnesses and ability to use Business Intelligence software will be a plus
  • Strong communication and diplomacy skills to guide and influence others in a matrixed environment
  • Strong people and relationship management skills ensuring collaboration with key partners and stakeholders
  • Independent thinker and able to perform a credible challenge of businesses/functions
  • Ability to manage competing priorities in a complex environment
  • Ability to work effectively with team members, partners, and stakeholders virtually and across different geographies and time zones
Responsibilities
  • Supports the Control Testing utility through control design assessment, designing control testing tools, developing control testing procedures, exception dispositioning
  • Control Design Assessment (CDA), by executing CDA checklist/procedures for finance controls and recording of results in Citi Risk & Control (CRC)
  • Owns significant portions of control testing design activity, which includes writing control testing tool descriptions, and completing control testing and QUEST setup
  • Develops control testing procedures in Confluence and is responsible for obtaining necessary signoffs from covered Finance businesses and functions
  • Controls testing outlier disputes holding the responsibility to raise concerns through IMPACT Concerns or QUEST Observation Logs
  • Creates materials for Operational Risk Forums (ORF) and senior meetings as needed and investigates causes for results that are deviating from trends and escalate situations that pose excessive risk(s)
  • Develops and drives quality-checking routines to ensure compliance with all relevant policies, operating guides, and owned control testing
  • Supports team members on topics ranging from testing design & execution, control testing platforms and automation
  • Helps drive continuous improvements in accuracy, efficiency, timeliness, and quality of MCA control design assessment and controls testing
  • Maintains relationships and drives accountability of control testing outcomes and success with partners and stakeholders to achieve regulatory and business strategic objectives
  • Appropriately assesses 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
Desired Qualifications
  • Master's degree preferred
  • CA, CPA, ACA or CIA preferred

Citigroup provides a wide range of financial products and services to various clients, including consumers, corporations, and governments. Its offerings include consumer banking, credit, corporate and investment banking, securities brokerage, and wealth management. The company operates in over 160 countries, utilizing its global network and technology to deliver financial solutions. Citigroup generates revenue through interest from loans, fees from banking services, and commissions from investment activities. Unlike many competitors, Citigroup's extensive international presence and commitment to sustainability through ESG initiatives set it apart. The company's goal is to facilitate international trade and investment while managing financial assets and providing liquidity in the global financial system.

Company Stage

IPO

Total Funding

$59.8M

Headquarters

Tel Aviv-Yafo, Israel

Founded

1812

Simplify Jobs

Simplify's Take

What believers are saying

  • Citi's focus on digital banking aligns with the growing trend of digital-first banking.
  • The partnership with Jumia opens growth opportunities in Africa's expanding e-commerce market.
  • Positive earnings report indicates recovery in consumer confidence and spending.

What critics are saying

  • Increased competition from digital platforms like Versana challenges Citi's market position.
  • Citi's exposure to Africa's volatile e-commerce market poses potential risks.
  • Regulatory scrutiny may impact Citi's collaboration with Mastercard for Google Pay Plex accounts.

What makes Citigroup unique

  • Citi's global reach spans over 160 countries, offering unmatched international banking services.
  • The introduction of 'Green Deposits' highlights Citi's commitment to sustainable banking solutions.
  • Citi's partnership with Mastercard for Google Pay Plex accounts enhances its digital banking offerings.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

401(k) Company Match

Wellness Program

Paid Vacation

Paid Sick Leave

Paid Holidays