EMEA Finance Controller - Risk & Control Analyst (VP)

Aim higher in your career by becoming an EMEA Finance Controller at Citi’s Risk and Control Team in Budapest. Here, your career will be about progress.

The EMEA Finance Risk & Control (R&C) team is a driving factor in delivering robust and consistent design, monitoring and governance of the control framework across EMEA Finance. With responsibility for Risk and Control activities including Manger’s Control Assessment (MCA), Issue Management, Audit Engagement, SOX, COSO, Transformation, Trainings and Communication. The team enables the EMEA Finance organization to execute on Citi Finance Vision and Strategy. Our people make all the difference in our success.

The EMEA Risk & Control team is led by EMEA Finance Risk & Control Head reporting into EMEA Franchise Controller. The EMEA R&C team resources are subject matter specialist who support all streams of Finance: Legal Entity Management; Regulatory Reporting (across 54 countries in EMEA), Citi Solution Centre (CSC), Accounting Policy, Planning & Analysis, Treasury and Tax, and operates through three key strategic locations London, Budapest and Dubai.

The mission of the team is to:

• Serve as trusted control advisors who promote and assist in embedding strong internal controls over financial reporting, regulatory reporting across EMEA, and is involved in corporate level control programs such as SOX, COSO & MCA.
• Drive regional governance and ensure adherence to corporate wide Citi policies and standards for Finance.
• Deliver timely, accurate and insightful control analytics to ensure proper attention to remediation efforts and to strengthen the control environment.

Responsibilities:

This role will focus on strengthening control-monitoring activities across all the countries within the EMEA region in line with Citi Global and regional standards, policies and procedures. The person will be working and support driving robust Governance structure across EMEA Finance MCA, particularly ensuring accurate and complete reporting of Operational Risk profile to EMEA Controllers MGE.

Governance and Monitoring

• Support monitoring of quarterly and annual assessment of the Activity, Risk, Control, Monitoring (ARCM) across EMEA Finance Controllers Assessment Units to a timely, standard and ensuring accuracy of data in Citi Risk and Control (CRC);
• Implement and challenge the consistent application of Citi’s Risk control standards and assignment of GRC operational and compliance risk taxonomies
• Help drive and embed a strong culture of controls across EMEA Finance and identity opportunities for continuous improvement.
• Play an active role being part of Quarterly Risk Assessment (QRA) program for EMEA Controllers to summarize the overall MCA results for Controllers MGE, and to link additional relevant information from other various sources (Operational Loss Events, Issues and Caps, Operational Risk Management reviews, Regulatory Management reviews etc);
• Support EMEA Control Lead and EMEA Finance Controller MCA Governance Lead in measuring, monitoring and reporting accurate risk stripes for EMEA Finance Controllers, through use of tools and procedures.
• Act as a specialist function for maintaining integrity of EMEA Controllers ARCM’s, mapping of issues and losses to MCA from a risk perspective, enforcing discipline around mapping protocols, e.g., root cause versus impact / event etc.
• Provide adequate challenge to the Controllers functions to ensure control design is followed while performing production activities
• Partner with the Cluster and Country functional MCA teams to enhance consistency and accuracy in Inherent Risk and Residual assessments
• Maintain strong working relationships with Control and Reporting Leads as well as the second line of defense.
• Support delivering trainings to EMEA countries with aim to increase awareness on controls and strengthen control environment.
• Proactive and 'no surprises' approach in communicating and escalating issues; and strength in sustaining independent views.
• Complete additionally any other tasks/ ad-hoc controls projects in connection with the role but not detailed in the current job description, changed by the direct manager, supervisor, or the functional head.

Development Opportunities:

• Opportunity to widen your knowledge of the banking industry and the products traded
• Chance to build an exceptional global network of professionals, Finance, Risk and Compliance
• A socially active team and communities with diverse networking opportunities
• Long-term career path and mentoring by senior colleagues and leaders
• Competitive compensation package and benefits.
• Flexible work arrangements in an organization that acknowledges life-work balance

Qualifications / Experience:

• CPA or ACCA equivalent
• Internal Audit knowledge gained as a practitioner or in an associated consulting role
• Strong understanding of the regulatory environment in EMEA, particularly in relation to governance
• Exposure to regulatory reporting and compliance environment
• Financial products knowledge is an advantage
• Good understanding of culture, ethical conduct, governance, risk management and control frameworks in leading international organizations

Skill /Competencies:

• Strong interpersonal skills with ability to deal with a range of senior/ junior staff across a number of disciplines and across a wide range of countries.
• Influencing and effective negotiation skills
• Ability to analyze a process and recommend ways to improve quality, controls, and efficiency
• Demonstrates strong judgment, political astuteness, and sensitivity to cultural diversity
• Embraces diversity and inclusion
• Exhibits strong teamwork and Collaboration
• Displays clear accountability and ownership
• Highly motivated with advanced analytical & problem-solving abilities
• Ability to interpret & implement regulatory guidelines & professional standards
• Demonstrated ability to prioritize and complete tasks within tight deadlines

Benefits:

• Competitive compensation package with a wide range of benefits:
• Cafeteria Program
• Home Office Allowance - for colleagues working in hybrid and remote work models
• Paid Parental Leave Program - maternity leave and paternity leave
• Private Medical Care Program and onsite medical rooms at our offices
• Pension Plan Contribution to voluntary pension fund
• Group Life Insurance
• Employee Assistance Program
• Access to a wide variety of learning and development programs, online course libraries and upskilling platforms, such as Udemy and Degreed
• Flexible work arrangements to support colleagues’ in managing work - life balance
• Continuous career progression opportunities across geographies and business lines
• Inclusive and friendly corporate culture
• Socially active employee communities with diverse networking opportunities

Apply to join the world’s most global bank and discover the true extent of your capabilities!

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