10 days old

Finance Model Office - Assistant Vice-President

Citigroup
New York, NY 10176
**This FMO role is focused on the safety and sound model landscape practices through comprehensive first-line framework, governance and controls activities, including the formulation of the strategy across the Model Life-Cycle. The role works in a team that partners with stakeholders (Businesses, FP&A, Risk, MRM) to ensure harmonization in line with transformation effort to the Central Governance of Model-Lifecycle activities across all 16 Finance functions.**


**Deliverables include, but are not limited to, working with Data and Technology teams for designing modeling capabilities and effective management of Finance Inventory Attestation.**


**The primary business goal is to ensure the execution of the target state Business-as-Usual Finance processes related to models to support the mission and to ensure MRM Framework Compliance and Quality controls.**


**The work involves innovation and automation practices across Model-Life Cycle.**


**The primary business goal is to streamline forecasting processes, enable analytics of P&L and balance sheet components, enable integration and consolidation of various types of financial planning models, conversion to the Y14A Federal Reserve templates, enable what-if analysis.**


**The work involves business analysis, technology simplification, leveraging a pilot based, agile oriented delivery mechanism.**


**A critical component of the role is to understand financial planning processes and models to forecast revenue, balance sheet, expenses and capital.**


**Responsibilities:**


+ Support the First Line of Defense (1LoD) Model Governance Forums Charter, Scope, Responsibilities, Participants, Frequency and Escalation path to Peer Committees (e.g. MRM & Senior Committee).

+ Participate in Capital Planning and Business Planning cycles providing 1LoD Model Governance

+ Manage and mitigate 1LoD model risk and maintain model hygiene.

+ Engage with all Finance Functions (Treasury, Tax, Controllers, Financial Analysis & Planning, Capital Planning etc), and Key Stakeholders.

+ Actively facilitate timely stakeholder responses for Model Risk Management activities.

+ Support and assist in Reporting to Senior Management, Committees and Auditors, as needed.

+ Analyze and Report Model related Current / Emerging issues and mitigations.

+ Support Analytic processes and Dashboard Reporting.

+ Assess and Report on Finance Model Risk Appetite.

+ Support and/or Develop Actionable Plan for remediation.

+ Follow-through and Remediation of the Action Items.

+ Support the Management of Model Risk by establishing and executing Monthly Reporting Dashboard for Key Areas.

+ Capture and report Model Performance Statistics for OPA threshold breaches.

+ Provide quantitative (Financial Forecast) Assessment for completeness.

+ Provide qualitative Assessment covering different Model lenses.


**Qualifications:**


+ Minimum of 2+ years of relevant finance/business/accounting/MIS experience in financial services along with demonstrated experience working with Treasury, Financial Analysis & Planning, Tax, Controllers, Capital Planning, Risk, Risk Weighted Assets etc. Freshers with Masters degree will be considered.

+ Experience working with Model Risk Management.

+ Degree in Economics, Finance, Engineering or technology-oriented disciplines. Masters Degree preferable.

+ Program/Project Management skills with Agile and Business Analyst.

+ Excellent presentation and dashboard creation skills.

+ Demonstrated analytical skills, including the ability to synthesize quantitative and qualitative models.

+ Quick learner, ready to dive into details and become an SME for finance models.

+ Strong interpersonal skills, with a balance of assertiveness and discretion to be a credible and sought-after resource.

+ Change agent mentality to drive for process enhancements and simplification.


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**Job Family Group:**


Finance

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**Job Family:**


Finance Management

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**Time Type:**


Full time

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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 (https://www.citigroup.com/citi/accessibility/application-accessibility.htm)** .


View the "EEO is the Law (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf) " poster. View the EEO is the Law Supplement (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/OFCCP\_EEO\_Supplement\_Final\_JRF\_QA\_508c.pdf) .


View the EEO Policy Statement (http://citi.com/citi/diversity/assets/pdf/eeo\_aa\_policy.pdf) .


View the Pay Transparency Posting (https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp\_%20English\_formattedESQA508c.pdf)


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Effective November 1, 2021, Citi requires that all successful applicants for positions located in the United States or Puerto Rico be fully vaccinated against COVID-19 as a condition of employment and provide proof of such vaccination prior to commencement of employment.
Citi is an equal opportunity and affirmative action employer.
Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.

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Posted: 2022-05-13 Expires: 2022-06-12

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Finance Model Office - Assistant Vice-President

Citigroup
New York, NY 10176

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