Assistant Vice President - Books and Records, Citi

Citi

Location:
India, Pune

Category:
Finance

Contract Type:
Not provided

Salary:

Not provided

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Job Description:

The Books and Records Oversight team within Markets Operations primary objective is to strengthen the books and records discipline and control framework within Markets Operations. The function has been recently created within Markets Operations to drive remediation efforts and the adoption of strong accounting practices as part of firm-wide policies and programs. The candidate requires solid accounting and financial background combined with a good understanding of operational processes and will lead Markets Operations’ engagement with the Finance department and at firm-wide forums on accounting related matters.

Job Responsibility:

Partner with Line Operations teams to ensure all the correct metrics and controls are in place, with regular reviews to ensure monitoring remains relevant and effective
Work with Finance colleagues to ensure that balance sheet substantiation is complete and that controls are designed effectively
Foster a good understanding of accounting practices/processes within the wider Markets Ops team, bridging the link between the movement of cash with how this is recorded on Citi’s books and records
Partner closely with Business partners and Transformation teams on new initiatives/projects to ensure that financial controls are robustly considered and implemented
Co-ordinate all account owner activity across Markets Operations
Understand and maintain Operations chart of accounts
Completeness and accuracy of Balance Sheet substantiation
Partnership with other functions to support a strong end to end control environment
Work with Finance and Operations Risk & Control to ensure Markets Operations are compliant with relevant policies and standards
Partner with Balance Sheet Control and risk reporting to support accurate and timely exceptions reporting
Work with Front office to ensure upstream data and processes are understood and robust so as to prevent downstream issues from occurring
Work with counterparts across the Centralized Operations team to promote consistency and common standards
Work with Technology and internal partners to build a standard mechanism to accrue for and then pay/receive interest between internal desks/accounts across all products in Markets
Strengthen issue management processes, ensure emerging risks are correctly escalated with the appropriate level of urgency
Support Markets Operations’ involvement in firm-wide programs related to accounting and book and records matters (e.g. Strategic Ledger)

Requirements:

10+ years relevant experience
Bachelor’s/University degree, Master’s degree preferred
Strong command of financial accounting and the operational aspects of books and records management
Experience as finance professional / background / degree and working experience in Technology creating products set up, UAT working with Finance / Market Ops people and understanding of products will be valuable
Strong Leadership skills-Operates as a leader
Serves as a point of escalation for key issues or time sensitive decisions
Demonstrated ability to make sound judgment calls on issues that can be both quantitative and qualitative in nature
Excellent Communications skills verbal & written
Active listening skills

Additional Information:

Job Posted:
April 26, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

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Assistant Vice President - Books and Records