Sr. Vice President, Forecast Execution Team Lead Analyst

Job description

Whether you’re at the start of your career or looking to discover your next adventure, your story begins here. At Citi, you’ll have the opportunity to expand your skills and make a difference at one of the world’s most global banks. We’re fully committed to supporting your growth and development from the start with extensive on-the-job training and exposure to senior leaders, as well as more traditional learning. You’ll also have the chance to give back and make a positive impact where we live and work through volunteerism. Shape your Career with Citi Citi Finance is responsible for the firm’s financial management and related controls. The team comprises disciplines including Treasury, Tax, Controllers and Financial Planning & Analysis, and manages and partners on key Citi initiatives and deliverables, such as our quarterly earnings process and ensuring Citi’s compliance with financial rules and regulations. We’re currently looking for a high caliber professional to join our team as a Senior Vice President, FP&A Sr. Lead Analyst based in Mumbai. The Financial Planning and Analysis Senior Lead Analyst is a senior level position responsible for providing management with an analysis and insight of Citi’s financial results in coordination with the broader Finance team. The overall objective is to contribute to directional strategy as well as utilize in-depth specialty knowledge to provide advice/counsel on the evaluation of financial reports of Citi’s current and projected performance. The FP&A Forecast Execution group plays a critical role in assessing oversight to all Citi’s forecasting processes. At the core is Citi’s Quarterly Multi-year, Multi-scenario Forecasting (QMMF). QMMF contains up to 3 scenarios run each quarter, 1 Business as Usual to support the Operating Plan development and progress and 2 hypothetical macroeconomic stress scenarios to support Citi’s management of capital adequacy. QMMF process consists of 14 workstreams, working across Finance, Risk Management the businesses, and other corporate functions, the role of Forecast Execution is to ensure deliverables and commitments and met in accordance with execution calendar and QMMF submission is submitted on time and with adequate controls to CFO and the Board. Role Outline/Job Summary The role requires the individual to be the central coordinator across all 14 workstreams in QMMF Issues Management Process and CAP remediation. The successful candidate will be required to actively engage and manage across FP&A and workstreams to identify potential issues which arise during the process, raise CAPs and track remediation through to completion. The role will require actively managing risk and escalations to senior management accordingly. Responsibilities: Consolidation of Potential Issues during QMMF/CCAR cycles including putting in Halo. Review and challenge of potential Issues with stakeholders including joint review with Head of Forecast execution and Second Line of Defense. Tracking of Open Issues and maintaining consolidated list of issues and CAPs . Weekly reviews with senior management and highlighting potential challenging to meeting resolution dates Provide inputs for CFO memo for the QMMF process. Providing a summary of Process Observations and improvements made for QMMF. Responsible for opening iCAPs post QMMF and Issues management process. Issues and CAP closure documentation and review with FP&A leads, Risk and Control, CPRT and Audit. Provide daily and weekly reporting metrics and updates on the status of QMMF to senior stakeholders. Qualifications: 10+ years of relevant experience Experience within financial services Experience providing financial analysis for monthly forecasts, strategic multi-year forecasts, and annual budgets Proficient Microsoft Office skills with an emphasis on Excel and PowerPoint Knowledge in additional systems including Oracle, Essbase, and SAP Consistently demonstrates clear and concise written and verbal communication Education: Bachelor’s degree/University degree or equivalent experience Master’s degree preferred 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! The FP&A Forecast Execution group plays a critical role in assessing oversight to all Citi’s forecasting processes. At the core is Citi’s Quarterly Multi-year, Multi-scenario Forecasting (QMMF). QMMF contains up to 3 scenarios run each quarter, 1 Business as Usual to support the Operating Plan development and progress and 2 hypothetical macroeconomic stress scenarios to support Citi’s management of capital adequacy. QMMF process consists of 14 workstreams, working across Finance, Risk Management the businesses, and other corporate functions, the role of Forecast Execution is to ensure deliverables and commitments and met in accordance with execution calendar and QMMF submission is submitted on time and with adequate controls to CFO and the Board. Role Outline/Job Summary The role requires the individual to be the central coordinator across all 14 workstreams in QMMF Issues Management Process and CAP remediation. The successful candidate will be required to actively engage and manage across FP&A and workstreams to identify potential issues which arise during the process, raise CAPs and track remediation through to completion. The role will require actively managing risk and escalations to senior management accordingly. Responsibilities: Consolidation of Potential Issues during QMMF/CCAR cycles including putting in Halo. Review and challenge of potential Issues with stakeholders including joint review with Head of Forecast execution and Second Line of Defense. Tracking of Open Issues and maintaining consolidated list of issues and CAPs . Weekly reviews with senior management and highlighting potential challenging to meeting resolution dates Provide inputs for CFO memo for the QMMF process. Providing a summary of Process Observations and improvements made for QMMF. Responsible for opening iCAPs post QMMF and Issues management process. Issues and CAP closure documentation and review with FP&A leads, Risk and Control, CPRT and Audit. Provide daily and weekly reporting metrics and updates on the status of QMMF to senior stakeholders. Qualifications: 10+ years of relevant experience Experience within financial services Experience providing financial analysis for monthly forecasts, strategic multi-year forecasts, and annual budgets Proficient Microsoft Office skills with an emphasis on Excel and PowerPoint Knowledge in additional systems including Oracle, Essbase, and SAP Consistently demonstrates clear and concise written and verbal communication Education: Bachelor’s degree/University degree or equivalent experience Master’s degree preferred ------------------------------------------------------ Job Family Group: Finance ------------------------------------------------------ Job Family: Financial Planning & Analysis ------------------------------------------------------ Time Type: Full time ------------------------------------------------------ Citi is an equal opportunity and affirmative action employer. Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi . View the " EEO is the Law " poster. View the EEO is the Law Supplement . View the EEO Policy Statement . View the Pay Transparency Posting