Director, FR Y-14 Transaction Testing Quality Assurance Lead (Hybrid)

This role is part of the Finance Chief Operating Office (COO) under the Quality Assurance Testing & Validation (QATV) function.

The Finance Solutions Sr Group Manager manages multiple teams through other managers and will be responsible for quality assurance testing for FR Y-14 reporting, including planning, scoping, sampling, test execution and observation validation.

The Finance Solutions Sr Group Manager will work closely with Report Owners, the Chief Data Office (CDO), Global Functions Technology (GFT), and QATV support functions to execute tracing cycles.

Requires thorough understanding of strategic direction of a QA function within the relevant part of the 1st line of defense in the business, combined with a solid conceptual / practical grounding in both the testing function and / or area of expertise and related subject areas.

Excellent communication skills required to negotiate internally, often at a senior level along with updating regulators.

External communication / negotiation is necessary. Responsible for executing functional strategy in area managed. Accountable for end results, budgeting, planning, policy formulation and contribution to future strategy of the area.

Impact reflects size of team managed, business risk and strategic influence on the business and interaction with other functions or businesses.

Responsibilities :

• Lead the FR Y-14 Transaction Testing Quality Assurance team to test all Reports and Schedules annually, including the development and execution of the annual plan, performance of quarterly refreshes, and tracking of action plans developed to address gaps identified from the QA testing.
• Communicate proactively the testing plan, testing progress, and exceptions with key stakeholders and senior management.
• Work with stakeholders to ensure action plans are in place to address gaps identified in the QA process and validate the remediation when complete.
• Responsible for ensuring adequate and effective controls are in place for the QA process.
• Ensure proper documentation of review evidence to support the QA results.
• Maintain proper desktop procedures for the QA process
• Promote a culture of collaboration and teamwork across organizations. Develop strong working relationships with Report Owners, independent review teams, internal audit teams, and other key stakeholders.
• Assist in setting business and information architecture standards for Finance.
• Plays a part in settling and operating necessary forums and frameworks to establish and govern policies and starts for global Finance processes.
• Participates in assessing and incorporating changing business, regulatory and market information needs into finance processes and applications.
• Full management responsibility of multiple teams, including management of people, budget and planning.
• Responsible for determining approach to implementing functional strategy and execution in area managed.

Requirements :

• 15+ years of relevant experience within the financial services industry required.
• 10+ years of experience surrounding risk and reporting with deep experience in liquidity and capital planning, execution, and quality assurance.
• In depth knowledge of regulatory reporting, specifically FR Y-14 reporting. Audit or prior regulatory reporting experience preferred.
• Requires thorough knowledge of strategic direction of the function within the relevant part of the business, combined with a solid conceptual / practical grounding in the function and / or area of expertise and related subject areas.
• Extensive knowledge of the industry, direct competitors products, and services is also necessary in order to contribute to the commercial goals of the business.
• Excellent communication skills required to negotiate internally, often at a senior level.
• Frequently involved with a variety of broad based and complex issues requiring conceptual thinking.
• Education : Bachelors degree, potentially Masters degree and managerial experience

Job Family Group : Finance

Finance

Job Family :

Fin Solutions Dsgn & Implement

Time Type : Full time

Full time

Primary Location :

New York New York United States

Primary Location Full Time Salary Range :

$170,000.00 - $300,000.00

In addition to salary, Citis offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards.

Citi offers competitive employee benefits, including : medical, dental & vision coverage; 401(k); life, accident, and disability insurance;

and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays.

For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.

Anticipated Posting Close Date :

Sep 18, 2024

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.

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