Regulatory Reporting Advisory & Change Head, Citi

Citi

Location:
Germany, Frankfurt am Main

Category:
Finance

Contract Type:
Not provided

Salary:

Not provided

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Job Description:

Lead regulatory reporting advisory and policy function in Germany Controllers. Ensuring timely and accurate implementation of local regulatory requirements for Germany entities. Daily coordination with international regulatory reporting policy team and departments involved in local regulatory reporting. Provide regulatory reporting advisory support to whole Germany franchise. Position resides in the Finance area which services German entities including CGME and CEP Germany. The position is key to managing and coordinating with the various in teams in finance and other departments (risk, business) located in country and in other locations (CSC teams and international teams).

Job Responsibility:

Lead regulatory reporting advisory and policy function in Germany Controllers
Ensuring timely and accurate implementation of local regulatory requirements for Germany entities
Daily coordination with international regulatory reporting policy team and departments involved in local regulatory reporting
Provide regulatory reporting advisory support to whole Germany franchise
Position resides in the Finance area which services German entities including CGME and CEP Germany
The position is key to managing and coordinating with the various in teams in finance and other departments (risk, business) located in country and in other locations (CSC teams and international teams)
Ensure Citi meets new and updated regulatory requirements, implement enhancements on time and in a good quality and to implement enhancement to reporting processes
Closely Cooperate and coordinate with regulatory reporting team based in Frankfurt, covering the delivery of all reporting requirements in a timely and accurate reporting for all legal entities domiciled in Germany
Interact with International teams on regulatory reporting/advisory and policy related matters to ensure knowledge transfer in all directions
Drive change process towards an advisory related team by ensuring further technical improvements and high quality deliveries from the service centres
Key contributor to the “New Product Committee” for all regulatory reporting related matter
Act as policy advisory on local regulatory reporting for all of the Germany Franchise
Project participation and leadership for all changes caused by new legislation or change in regulatory reporting infrastructure, e.g. CRR3 project
Contribute to maintain a strong control environment to meet Citi internal and external regulatory requirements
Proactively develop solutions to ensure efficient usage of capital
Contact for questions arising from regulators around regulatory reporting (ECB, Bundesbank & BaFin) related to both the Broker-dealer the Bank Chain Entities
Work with external and internal auditors for all regulatory related queries
Close cooperation with CSC Hungary to maintain and improve country oversight on outsourced production activities
Drive change process by ensuring further technical improvements and high quality deliveries from the Solution centres

Requirements:

University degree or other equivalent financial background
Experience in regulatory reporting/policy
In depth knowledge of applicable regulation impacting (German) regulatory reporting
Experience in complex banking organisations
In depth knowledge of Regulatory reporting requirements as well as applicable regulation i.e. CRR2, CRR3 and Basel Accords
Financial Reporting (US GAAP, German GAAP and ideally IFRS)
Banking products and financial instruments
Experience liaising with external regulators and auditors
Professional approach and excellent financial control and regulatory reporting skills
Very good analytical skills, Excellent technical skills (databases)
Reengineering, project management and process change skills
Ability to engage and manage SME’s (internal and external) to address and resolve issues
Excellent communication skills with professional and diplomatic approach
High sense of professional accuracy followed by high quality working results
Strong commitment to meet internal and external deadlines to ensure good relationship to local regulators
Fluent in English and German

Additional Information:

Job Posted:
April 26, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

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Regulatory Reporting Advisory & Change Head