Finance Risk and Control Group Manager, Citi

Citi

Location:

India, Mumbai

Category:

Finance

Contract Type:

Employment contract

Salary:

Not provided

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Job Description:

The Global Finance Control Testing Team is responsible for the testing of controls that are designed and executed by the Citi’s Global Finance teams such as Controllers, Tax, Treasury, etc. The Finance Controls Testing Team Leader for GF, O&T and Expense Management reports to the Finance Controls Testing Head (C15) within the Finance COO organization. This is a strategic and execution-oriented management position accountable for end-to-end controls testing i.e., operational controls performance assurance/testing – which includes design, execution, results reporting, and insight sharing related to the above scope of controls testing.

Job Responsibility:

Supports the Controls Testing Utility by assessing control design, designing control testing tools, developing control testing procedures, ensuring control testing transitions, dispositioning exceptions, and developing insights for all controls within the Finance organization
Carries key responsibility for Control Design Assessment (CDA) by resolving escalations, defining the work plan, and designing the quality review process
Performs decision-making of control testing design activity, which includes approving/signing-off, undertaking escalations, and owning Internal Audit and issue management related actions
Maintains resource forecast for own team as well as forecasting for successful controls testing transition and Central Execution training
Prepares reporting on control testing results for Operational Risk Forums (ORF) and senior meetings as needed and works with each respective team for socialization
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 and execution to performance management and control testing platforms basics
Helps driving continuous improvements in accuracy, efficiency, timeliness, and quality of MCA control design assessment and controls testing
Maintains relationships and drives accountability with partners and stakeholders to drive control testing's success in support of the business's strategy
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
Supports other relevant work efforts of department where needed and as directed by their manager.

Requirements:

10+ years relevant experience, 5+ years in Risk & Controls roles, 5+ years of direct management experience preferred
Hands on experience in the Finance function in a Global Bank would be a plus
Good understanding of Financial Services products and services
Subject matter expert on controls design, execution and/or control testing
Expert-level understanding of MCA (Managers Control Assessment) frameworks and processes
Advanced skills in MS Word, MS Excel, MS PowerPoint, and MS SharePoint
Effective communication, written and presentation skills
Outstanding people and relationship management skills with the ability to influence others and foster a sense of collaboration
Independent thinker and able to perform a credible challenge of businesses/functions
Ability to work effectively on virtual teams, including across different geographies and time zones preferred
Knowledge of human-centered design an advantage.

Nice to have:

Knowledge of human-centered design
Hands on experience in the Finance function in a Global Bank.

Additional Information:

Job Posted:

March 22, 2025

Employment Type:

Fulltime

Work Type:

On-site work

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Finance Risk and Control Group Manager