The Wealth Regulatory Reporting Operations Vice President is an individual contributor’s role who is responsible for ensuring complete, accurate and timely regulatory reporting submissions, including exceptions resolution and process improvements in coordination with the Wealth Regulatory Reporting Operations team. The overall objective is to ensure accurate, timely and complete fulfillment of regulatory reporting obligations imposed on Citi by different regulators.
This position plays key role within the Global Wealth Private Bank Operations & Technology organization and a key partner to Wealth Business Senior Management Team, Investments Business Management, Discretionary Business Management, Business Risk & Control, Legal and Compliance.
The overall objectives of this role are strengthening Operational Regulatory Reporting processes, Governance and detection of issues, link between Product & regulatory reporting and increase awareness and knowledge on regulatory reporting.
Responsibilities:
Preparation and submission of regulatory reports covering different jurisdictions and products
Analyzing regulatory reporting process front to back
Resolving issues related to regulatory reporting
Communicate operational changes arising from remediation or process or control enhancements to Operations & Technology
Develop Business Requirements for system-related enhancements and End to end management of implementation of new or amended regulations
Reconciliation of positions and ensuring of completeness, accuracy, and timeliness of reporting
Executing the road map to improve regulatory reporting operations efficiency, controls, and resilience
Streamlining process inconsistencies, mitigate risks, and process documentation. Sharing knowledge among team to manage regulatory reporting operations functions.
Anticipate details of future regulations by communicating directly with key stakeholders and staying informed of relevant trends and industry new
Driving projects and process improvements
Supporting all control functions including MCA, audits, procedures updates and implementation
Calculating and monitoring of key KPIs and metrics
Timely escalation of issues and monitoring till resolution
Close cooperation with Business and Tech partners on gap identification and process improvements
Preparation and participation in governance forums
Supporting internal & external audit reviews in relation to regulatory reporting operations & controls processes
Acting as managers back-up when needed
Coordinating task allocation and completion in regulatory reporting operations team
Continue professional development in order to keep abreast of emerging technologies, methods and best practices.
Qualifications:
Minimum 7 years of experience in Operations, preferably in regulatory reporting space
Solid experience in transactional regulatory reporting
Proven experience working with demanding business stakeholders within a cross-functional matrix environment
Deep understanding of regulations and operational processes
Good understanding of Investments and Capital Market products as well as trade execution and settlement processes
Analytical thinking skills
Effective workload management
Effective, adjusted to recipient communication skills
Critical thinking and drawing logic conclusions
Adequate level of proficiency with MS Project, Excel, Visio, PowerPoint and SharePoint with experience presenting to stakeholders and senior leadership
Experience working both independently and, in a team-oriented, collaborative environment
Master's degree, preferably in finance and banking
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Job Family Group:
Operations - Transaction Services------------------------------------------------------
Job Family:
Securities and Derivatives Processing------------------------------------------------------
Time Type:
Full time------------------------------------------------------
Most Relevant Skills
Please see the requirements listed above.------------------------------------------------------
Other Relevant Skills
For complementary skills, please see above and/or contact the recruiter.------------------------------------------------------
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