Director - Credit Controllers, Citi

Citi

Location:
United States, New York

Category:
Finance

Contract Type:
Employment contract

Salary:

170000.00 - 300000.00 USD / Year

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Job Description:

The Credit Controller Lead is a senior role within the USPB & Credit Controllers Organization. The role closely partners with the Risk organization, governing credit reserve policies, methodologies, procedures and calculations, with a focus on accounting and disclosure-related matters. Responsibilities include evaluating credit reserves and ensuring adequate documentation while managing financial processes and relationships with auditors.

Job Responsibility:

Defines, implements, and monitors financial and accounting policies and controls for Citi`s Credit Reserving processes to ensure they are aligned with relevant accounting standards and Citi`s Credit policies and procedures
Applies a broad and comprehensive understanding of accounting standards such as CECL, different finance systems, theories and practices
Collaborates with various Controller teams for validating final allowances for credit losses and provisions for credit losses reported information in the general ledgers
Ensure appropriate external 10-K and 10-Q disclosures relating to the quarterly reserve credit loss amounts
Contributes to the integrity and control of company’s financial books and records as well as the process by which these records are generated
Plays an integral part in designing, executing, and enhancing quarterly review and close procedures to ensure consistent and accurate information is provided to all stakeholders
Manage relationship with external and internal auditors and accounting policy on Credit related matters
Responsible for strengthening the independent controls and the control environment throughout the company and partners with the Risk Organization to enhance firm-wide credit controls and processes
Integrates a thorough understanding of the strategic direction within the business with a solid conceptual/practical grounding in industry financial practices

Requirements:

10+ years relevant experience
Bachelor’s/University degree, Master’s degree/CFA/CPA preferred, managerial experience
Advanced level of accounting knowledge and experience with the CECL accounting standard
Strong leadership and personnel management skills
Able to analyze and think through highly complex issues
Growth mindset and ability to innovate and champion progress for efficiency and productivity
Sound judgment to weigh issues in a balanced manner and make reasonable decisions
Sense of urgency in implementing processes and controls and evaluating priorities
decisive, action-oriented and practical
Ability to align cross functional teams and resources to drive overall strategy
Highly motivated and goal-oriented with ability to lead in a professional and challenging environment and deliver results against fast-paced deliverable deadlines
Demonstrated ability to manage multiple priorities under demanding time frames and respond appropriately and competently to the demands of work challenges when confronted with changes, ambiguity, adversity, and other pressures
Flexibility to work under pressure to meet changing work requirements and strict deadlines
Outstanding presentation, communication, interpersonal and coaching skills
Ability to work with different levels of management
Ability to develop effective and productive working relationships with a wide range of groups across Citi as well as external auditors and regulators
Strong strategic thinking skills
Digital savvy

What we offer:

medical, dental & vision coverage
401(k)
life, accident and disability insurance
wellness programs
paid time off packages including vacation, sick leave, and holidays

Additional Information:

Job Posted:
April 26, 2025

Expiration:
May 01, 2025

Employment Type:

Fulltime

Work Type:

On-site work

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Director - Credit Controllers

Citi

Location:United States, New York

Category:Finance

Contract Type:Employment contract