Jobs at Citi Group in India, Gurugram

Comprehensive Capital Analysis Review (CCAR) is an annual regulatory submission to US Federal Reserve Board (FRB). It is used to ensure that institutions have robust, forward-looking capital planning processes that account for their unique risks and sufficient capital to continue operations throughout times of economic and financial stress. As part of CCAR, the Federal Reserve evaluates institutions' capital adequacy, internal capital adequacy assessment processes, and their plans to make capital distributions, such as dividend payments or stock repurchases.

Responsibilities:

• Development of econometric forecasting models for key Balance sheet and income statement line items for capital and business planning purposes. This includes the calculation of Net Interest Income (“NII”), Non-Interest Revenue (“NIR”), Interest Rate Exposure (“IRE”), and other associated interest rate risk metrics.
• Developing Champion and Challenger models using different time series forecasting methodologies to comply with SR 15-18 guidance.
• Development of Benchmark models using Industry data series to meet regulatory requirements
• Manage the model life-cycle from first-line of defense perspective and participate in Segmentation, Risk Identification, overlay discussions with Businesses and Finance teams.
• Responsible for writing model development documentation and partner with Model Risk Management (MRM) to address their feedback.
• Contribute to stakeholder conversations with Businesses, Finance, Treasury and Risk to seek their sign-offs on Champion models.

Qualifications / skill sets:

• 2-4 years of relevant statistical /business experience in financial services
• Strong understanding of statistical techniques such as Ordinary Least Square regression (OLS) , Fixed-effect Panel Regression, Error Correction Models, Seemingly Unrelated regression and Cointegration .
• Understanding of Machine learning algorithms will be a plus
• Hands-on experience in programming and modeling using SAS, Python and R is preferred.
• Follow a culture of accountability and strict quality control of the data integrity and modeling process
• Ability to build key relationships with finance and business teams
• Must be able to present technical matters in a way that is meaningful to the audience

Education:

• Masters / PhD in quantitative discipline such as Statistics, Economics or related discipline

Time Type:

Responsibilities:

• Incumbents work with large and complex data sets (both internal and external data) to evaluate, recommend, and support the implementation of business strategies
• Identifies and compiles data sets using a variety of tools (e.g. SQL, Access) to help predict, improve, and measure the success of key business to business outcomes
• Responsible for documenting data requirements, data collection / processing / cleaning, and exploratory data analysis; which may include utilizing statistical models / algorithms and data visualization techniques
• Incumbents in this role may often be referred to as Data Scientists
• Specialization in marketing, risk, digital and AML fields possible
• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.

Qualifications:

• 4-8 years relevant experience
• Hands-on Data Scientist with knowledge of latest tools and techniques
• Good to have GenAI exposure
• Good to have Financial Crimes Compliance Knowledge
• Have the ability to retrieve and manipulation data
• Possess analytic ability and problem solving skills
• Working experience in a quantitative field
• Willing to learn and can-do attitude
• Excellent communication and interpersonal skills, be organized, detail oriented, flexible and adaptive to matrix work environment
• Ability to build partnerships with cross-function leaders

Education:

• Bachelors/Masters/University degree or equivalent experience

This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.

Time Type:

In this role the job responsibilities are, but not limited to:

• Analyze, design and redesign complex business requirements, process maps, functional specifications, and communicate clearly with development teams.

• Evaluate existing recruitment business processes and identify opportunities for improvement or efficiency based on previous workday experience (must have).

• Collaborate in simultaneous global system enhancements and new vendor incubation from inception through implementation.

• Provide actionable insights and evaluate new ideas regarding our overall recruitment technology ecosystem involving workday systemic/integration/process changes based on previous experience.

• Collaborate and utilize strategic reporting data requests (ongoing) to drive future-state dashboard development, operational decision making based on results, and best practice recommendations.

• Exposure to global metrics function and utilizing recruitment metrics to drive operational improvement and efficiencies.

• Function autonomously as a change agent for all recruitment systems initiatives

• Collaborate with Practitioners to document UAT strategy, plan and scripts utilizing knowledge of current structure and future requirements as we update and upgrade systems and recruitment procedures.

• Develops and designs standards and procedures, ensures that they are adhered to throughout the software development life cycle.

• Strives for continuous improvements and streamlining of processes.

• Ensures consistency and quality of processes across the organization.

• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.

As a successful candidate, you’d ideally have the following skills and exposure:

• 4-6 years of Workday HCM configuration and integrations experience or experience supporting large scale Workday implementations, globally.

• Experience with instance of Workday recruitment in a global environment, along with downstream vendor integrations to support the recruitment process (i.e., assessments, interviewing, etc.).

• Relevant & demonstratable experience/involvement with evaluation of new and existing tools within the recruitment ecosystem such as Eightfold, Video interview vendor integrations with Workday, Digital signatures, assessments, etc.

• Should be an expert in Workday HCM functional configuration with demonstrated capabilities in redesigning recruiting business processes for large scale transformations.

• Should have intermediate to advanced understanding of Workday supported integrations including file formats like XML, XSLT, JSON etc.

• Demonstrated transformationalbusiness analystskills todrive

Soft Skills

• In-depth understanding of Systems Development Life Cycle processes.

• Thorough understanding of end-to-end testing processes, Quality Center, and other testing related tools.

• Requires communication and diplomacy skills and an ability to persuade and influence.

• Ability to strategically evaluate and provide insights and opportunities based on previous experience in recruitment technology space, along with associated metrics and market valuation.

• Strong communication skills – able to communicate effectively with colleagues at all levels within the organization.

• Good organizational skills

• Influencing skills – ability to influence stakeholders and partners across the business.

• Ability to learn quickly and be a self-starter in terms of filling knowledge gaps.

• Act as an internal consultant.

• Ability to prioritize efforts in a demanding environment.

• Bachelor’s/University degree, Master’s degree preferred

Time Type:

Job Description:

Cash types include, but are not limited to, equities, fixed income, OTC derivative positions (swaps, swaptions, FXs, and synthetics) and collateral.

The roles and responsibilities will include actively managing risk and exposure for our clients by ensuring the investment book of record is reconciled with external record holders daily. The role requires an understanding of the mechanics of the reconciliation process, exception management, client service, troubleshooting issues, driving innovative enhancements, data analysis, maintaining documentation, assisting management in leading processes, and recommending improvements to ensure efficient and accurate processes.

Responsibilities:

• Manage a team of professionals to accomplish established goals and conduct personnel duties for team (e.g. performance evaluations, hiring and disciplinary actions) as well as support mechanism for achievement including SMART goal setting
• Management and control of exceptions arising from the cash, securities and unit reconciliations. The key responsibilities include management and oversight of unmatched cash and stock differences arising from the reconciliations of our accounting records to that of our Custodians and other CITI systems
• Ensure accuracy of published cash figures, Data analysis enhancing transparency, decision drivers and efficiency
• Collaborate with internal/external stakeholders to ensure issues are being appropriately reviewed and progressing to completion
• Understand all aspects of Reconciliation proves like Corporate actions types and working , Swift messages , Custody statements and also have potential to perform manual reconciliation wherever required
• Candidate should have experience of onboarding new clients, application, migrations etc and proven record of project handling abilities
• Review and correction of any overdrawn account balances and ensure coverage
• Provide support to the wider Fund Accounting by ensuring that all non STP cash statement activities are accurately reflected in the calculation of the daily Net Asset Value (NAV) of the individual funds.
• Complete regulatory reporting and associated client reporting requirements covering all aspects of the fund’s valuation, portfolio, expenses, and transaction volumes ensuring a variety of standard and client/regulatory formats
• Identify and implement corrective action plans across teams while analyzing and assessing business risk
• Serve as primary point of escalation for internal/external staff queries, and develop/manage process, productivity, and quality standards
• Create, develop, and maintain business relationships, identify and implement service, system, and process enhancements, lead and evaluate system testing, and train staff on new technology enhancements
• Support development and achievement of strategic goals and annualperformance/compensationcycle as well as implement methods to reduce expenses, recommend enhancements, and justify benefits
• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.
• Possess strong knowledge in various Reconciliations applications

Process Management:

• Timely and accurate delivery of all functions performed within concerned team
• Design & implement Service Level Agreements with Internal & External teams.
• Work closely with Fund Accounting leads / teams across all the global locations to provide necessary support.
• Setup regular governance forums with all stakeholders
• Design & implement oversight & escalation matrix
• Build upon key relationships with Stakeholders, Custodians and legal counsels amongst others.

Risk and Control Oversight, Continuous Improvement:

• Design & implement controls framework including escalation matrix in partnership with Risk team / Risk Champions
• Ensure strong documentation is in place covering all aspects of service delivery and periodic attestation by the team
• Ensure satisfactory results for all internal and external audit cycles
• Organize and co-ordinate internal training
• Regularly review operational procedures and identify areas of process improvement
• Initiate process and technology projects that maximize control and minimize risk

Business Management, Resource Planning and MIS:

• Oversee capacity and headcount planning.
• Ensure resource is available to support change management testing initiatives alongside BAU requirements.
• Allocation and monitoring of project resources in line with agreed priorities.
• Design and implement management information and business control reporting to support good business management decisions, well-informed priority judgements and appropriate alignment of resources

Business Change / Transformation Management:

• Identify and formalize business case for potential transformation initiatives.
• Collaborate with Transformation team for all strategic & tactical initiatives.
• Ensure resource is available to support change management testing initiatives alongside BAU requirements.
• Build culture to embrace change and focus on process advancement.

Requirements:

• 7-10 years of relevant experience in Investment Banking Domain
• Minimum 4+ years of experience in Fund Accounting Operations and 3+ years in Reconciliation systems and processes
• Excellent communication skills
• Strong planning skills
• Management experience
• Knowledge of the asset management industry
• Have a flexible approach, be self-motivated and a strong team player.
• Excellent attention to detail and ability to identify issues of potential risk
• Ability to work under pressure and to tight deadlines
• Management / supervisory experience in dealing with a large and diverse team
• Demonstrated Subject Matter Expert (SME) knowledge in related area
• Willing to work in Night Shifts

Desirable Qualifications

• Bachelor’s degree in accountancy or finance
• Preferably Qualified accountant or qualified through experience
• Good working knowledge of Office applications, particularly Excel and Access
• Fund Accounting knowledge

Time Type:

Time Type:

Responsibilities:

• Responsible for capturing, scrubbing and cleansing the Corporate Actions Data for producing the Golden Record on the Central Corporate Action capture platform .
• Remediates data in the Clients and Corporate action system
• Performs trend analysis and identifying root causes Implementing or suggesting solutions based on the root cause analysis
• Liaises with other teams globally to ensure data quality is remediated
• Provides a high level of customer service to our internal stakeholders
• Owns ad-hoc projects from inception through to completion
• Provides tangible metrics to Management
• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.

Qualifications:

• Managing various data remediation work streams Projects Knowledge
• Experience of at least 2 years in Asset servicing and corporate action process within an overall capital markets experience of 6-7 years
• Takes ownership of allocated work and is accountable.
• Able to identify, trouble shoot issues and ultimately escalate.
• Financial services related qualifications.

Education:

• Bachelor’s/University degree or equivalent experience

Additional Job Description

6-7 year experience of Corporate Actions / Asset Servicing domain/ & Fund Accounting Corporate Actions, knowledge of ISO standards. Exposure to Income events processing is desirable.

6-7 year experience of Corporate Actions / Asset Servicing domain/ & Fund Accounting Corporate Actions, knowledge of ISO standards. Exposure to Income events processing is desirable.

Time Type:

• Comprehensive Capital Analysis Review (CCAR) is an annual regulatory submission to US Federal Reserve Board (FRB). It is used to ensure that institutions have robust, forward-looking capital planning processes that account for their unique risks and sufficient capital to continue operations throughout times of economic and financial stress. As part of CCAR, the Federal Reserve evaluates institutions' capital adequacy, internal capital adequacy assessment processes, and their plans to make capital distributions, such as dividend payments or stock repurchases.

  The FP&A Statistical Modeler Intmd Analyst is an intermediate level position, part of FP&A Model Development team

  Responsibilities:

• Development of econometric forecasting models for key Balance sheet and income statement line items for capital and business planning purposes. This includes the calculation of Net Interest Income (“NII”), Non-Interest Revenue (“NIR”), Interest Rate Exposure (“IRE”), and other associated interest rate risk metrics.
• Developing Champion and Challenger models using different time series forecasting methodologies to comply with SR 15-18 guidance.
• Development of Benchmark models using Industry data series to meet regulatory requirements
• Manage the model life-cycle from first-line of defense perspective and participate in Segmentation, Risk Identification, overlay discussions with Businesses and Finance teams.
• Responsible for understanding changes to quantitative requirements published by MRM in Model Testing Guidance and presenting the key changes to senior model development leads. Also, be a champion in addressing observations raised by MRM and Internal Audit in a quantitative manner by thinking out-of-box.
• Responsible for writing model development documentation and partner with Model Risk Management (MRM) to address their feedback.
• Contribute to stakeholder conversations with Businesses, Finance, Treasury and Risk to seek their sign-offs on Champion models.

• Qualifications / skill sets:

• 4-6 years of relevant statistical /business experience in financial services
• Strong understanding of statistical techniques such as Ordinary Least Square regression (OLS) , Fixed-effect Panel Regression, Error Correction Models, Seemingly Unrelated regression and Cointegration .
• Understanding of Machine learning algorithms will be a plus
• Hands-on experience in programming and modeling using SAS, Python and R is preferred.
• Follow a culture of accountability and strict quality control of the data integrity and modeling process
• Ability to build key relationships with finance and business teams
• Must be able to present technical matters in a way that is meaningful to the audience

• Education:

• Masters / PhD in quantitative discipline such as Statistics, Economics or related discipline

Time Type: