Citi Vice President, Controls and Analysis (Process Controls Manager) in Toronto, Ontario

  • Primary Location: Canada,Ontario,Toronto

  • Education: Bachelor's Degree

  • Job Function: Finance

  • Schedule: Full-time

  • Shift: Day Job

  • Employee Status: Regular

  • Travel Time: Yes, 10 % of the Time

  • Job ID: 16029003


Citi has 12,000 offices in 140 countries around the globe. We have been around for nearly two centuries and over that time, have cultivated the world's largest financial services network. Today, Citi is built on the experience of 300,000 employees.

An exciting opportunity is available within our Finance team for a dynamic and driven finance professional to join as Vice-President, of Controls and Analysis, responsible for related control activities including but not limited to Manager Control Assessments (MCA) program, Mandatory Absence compliance, Personal Trading (PTP) compliance, eRecon compliance, Intra-Citi Services Policy (ICSA) compliance and End User Computing (EUC) adherence. This role will focus on adequacy of design of control, and ensuring that the proper mechanisms are in place to efficiently monitor the ongoing effectiveness of those controls. This is an excellent opportunity for an experienced industry professional.

Position Responsibilities:

•Manage and ensure compliance with Citi’s relevant Global as well as local risk governance policies and directives which impact various businesses and global functions within Canada

•Ensure Management Control Assessment (MCA) initiatives and enhancements relating to risks and controls are reviewed and implemented in a timely manner

•Responsible for oversight of the MCA to assess effectiveness of controls, communicate gaps to management, and enhance, where required

•Provide effective oversight of MCA quarterly testing as well as monitoring processes

•Ensure compliance with the Balance Sheet Substantiation Directive including acting as a SME for account owners and managing eRecon process (i.e. assigning account owners, reviewing account attribute change requests, analysis of monthly metrics, monitoring red/at risk accounts and implementation of changes to eRecon upload files)

•Ensure compliance with the Intra-Citi Services Policy and related procedures by (a) performing periodic reviews of the inventory of Canada Finance owned Intra-Citi Service Agreements (ICSA) to ensure completeness and accuracy, and timely cash settlements as stipulated in ICSA; and (b) reviewing and monitoring MCA results (relating to compliance with ICSA policy and procedures) of all businesses and functions

•Monitor Corrective Action Plans (CAPs) assigned to the department as a result of MCA and/or Audit reviews. Ensure appropriate validations of CAPs/Issues take place prior to closure

•Manage compliance with quarterly and annual attestation processes, such as Citi Expense Management Policy, Outsourcing Policy, Impairment assessment, etc.

•Assist with the preparation of annual revenue and expense forecast (on a quarterly basis) for certain businesses and global functions

•Lead the enhancement, development and implementation of internal controls relevant to other Citi policies and directives overseen in this role

•Lead the team during a review by internal audit of above noted processes and manage the outcome

•Build relationships with functional business leaders, and cross-functional team members to help identify, escalate and mitigate emerging risks; and lead or support projects to address those risks

•Be able to assist in the implementation of 'best practices' drawing on collective risk experience/ knowledge, efficiencies and internal audit/compliance requirements.

•Manage and/or participate in ad hoc projects as required


Position Requirements:

•Bachelor's degree in Finance, Accounting or Economics

•A professional accountant designation is a plus

•8-10 years of progressive work experience (with a focus on audit, accounting, controls and process management)

•Strong knowledge of internal control principles

•Proven analytic, and problem solving skills, with the ability to analyze and develop unique solutions to business issues

•Demonstrated leadership skills, with ability to influence and gain support for objectives

•Self-motivated individual capable of adapting to change, managing multiple tasks and continuously evaluating priorities to lead tasks/projects to completion

•Excellent interpersonal, written and verbal communication skills

•Exhibits high standards of business and personal ethical conduct

•Proficient computer skills, especially Excel

We thank all candidates for their interest, however, only those candidates under consideration will be contacted.

Citibank Canada is an Equal Opportunity employer. Accordingly, we will make reasonable accommodations to respond to the needs of people with disabilities. Individuals who view themselves as Aboriginals, members of visible minorities, and disabled are encouraged to apply in confidence.