Director - Markets Operations Balance Sheet Substantiation, Citi

Citi

Location:
India, Pune

Category:
-

Contract Type:
Employment contract

Salary:

Not provided

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Job Description:

The Books and Records Oversight team within Markets Operations aims to strengthen discipline and control frameworks within Markets Operations, focusing on remediation efforts and the adoption of strong accounting practices. The team supports various operations globally and ensures robust financial controls and standards are applied across Markets Operations.

Job Responsibility:

Work 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
oversee and co-ordinate all account owner activity across Markets Operations
ensure well defined and documented processes are in place for reserve calculations across Markets Operations
partnership with other functions to support a strong end-to-end control environment
drive progress on areas of improvement
implement best practices to ensure reconciliations are correctly designed and compliant with relevant standards and controls
promote development and retention of account and reconciliation SMEs across the group
strengthen issue management processes, ensure emerging risks are correctly escalated with the appropriate level of urgency
lead and oversee Markets Operations’ involvement in firm-wide programs related to accounting and book and records matters

Requirements:

15+ years relevant experience
industry expertise in financial accounting and the operational aspects of books and records management and account 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
articulates clearly how risk technology supports unit's business, as well as the issues due to gaps between the current technology and known business requirements
consistently reads different situations accurately and takes appropriate action to gain senior colleague/client commitment
ability to measure and assess the impact of stress shocks including fat-tailed risks
well-versed in reviewing the dimensions of franchise risk
strong leadership skills
acts decisively in high risk scenarios, assessing a situation based on available data, experience, intuition, and judgment
ability to respond to challenges with creative solutions, adapts to changing business needs
demonstrated ability to make sound judgment calls on issues that can be both quantitative and qualitative in nature
able to manage issues associated with operational risk capital, in partnership with the business, Finance and the Risk organization
acts as a role model for managing people, coaching, and serving as a mentor
excellent communication skills verbal & written
active listening skills
Bachelor’s/University degree, Master’s degree preferred

What we offer:

Global benefits
best-in-class benefits to be well, live well and save well

Additional Information:

Job Posted:
May 10, 2025

Employment Type:

Fulltime

Work Type:

On-site work

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Director - Markets Operations Balance Sheet Substantiation