Prudential Reporting Expert – Change Management, Citi

Citi

Location:

Hungary, Budapest

Category:

Finance

Contract Type:

Not provided

Salary:

Not provided

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Job Description:

Join our expanding Citi Finance Team in Budapest and make your own progress in a supportive and friendly environment! We are a people-oriented organization that appreciates and promotes personal and professional aspirations. Our corporate culture is empathic: we acknowledge life-work balance throughout your career path. Regulatory Reporting team within Finance is responsible for preparation of daily, weekly, monthly, quarterly and annual returns to Central Banks and other policymakers. The reporting requirements are spread across Financial, Statistical, and Prudential regimes. Financial and Statistical reporting team is responsible for categorizing end of period positions in the form of locally required balance sheet & P&L statements, while Prudential reporting team is responsible for capital adequacy calculation as per actual Basel rules, which includes accurate monitoring and reporting of capital ratios to several stakeholders including senior management, business leads and regulators. This role also collaborates with Traders, Middle Office and Policy team. Our focus in on a large EMEA bank with a wide range of financial products.

Job Responsibility:

Support the preparation, analysis, and submission of reports to various constituencies (National / central regulators like Prudential Regulation Authority (PRA) etc) based on requirements such as IFRS, UK GAAP, Basel
Perform analysis of financial results and conclude cause of variances such as accounting issues and economic events
Participation in efficiency and innovation projects on ad hoc basis by reviewing and developing current processes using advanced digitalization tools
Ongoing review and development of current processes to increase efficiency
Liaising with multiple departments of the covered countries (including Financial Control, Treasury, Risk and Technology departments) to resolve issues
Provide support to country Finance teams on an ad-hoc basis (e.g. audits, regulatory inquiries)
Exploit a collaborative and motivating attitude to join forces with colleagues for excellent results
Benefit from your organized personality, attention to details and independent working style
Use your experience and knowledge to drive and contribute to outstanding team performance
Produce metrics to senior management highlighting key issues and remediation status and maintain and enhance related operational and analytical procedures
Assist in the development of process efficiencies and improvement efforts as well as data quality improvement projects
Interpret policies, guidelines, and processes and resolve complex problems and transactions
Assist with the management of one or more processes, reports, procedures, or products
Exercise independence of judgement and autonomy
Act as SME to senior stakeholders and /or other team members

Requirements:

5+ years of work experience in financial, regulatory or risk reporting / auditing roles
Good understanding of Accounting & Finance principles and Financial Markets and products/Regulatory Reporting requirements
Excellent analytical skills, confident MS Excel knowledge
Knowledge of Python, Knime, VBA
University/College degree in finance/accounting
Knowledge about UK GAAP / IFRS is highly advantageous
Knowledge about Basel 3 is highly advantageous
Ability to work with multiple functions
Proven problem-solving skills
Has the ability to operate with a limited level of direct supervision
Consistently demonstrates clear and concise written and verbal communication skills
Languages: English (mandatory)

What we offer:

Cafeteria Program
Home Office Allowance (for colleagues working in hybrid work models)
Paid Parental Leave Program (maternity 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 you in managing work - life balance
Career progression opportunities across geographies and business lines
Socially active employee communities with diverse networking opportunities

Additional Information:

Job Posted:

March 21, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

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Prudential Reporting Expert – Change Management