Pbwm Financial Planning and Analysis

2 months ago


Mumbai, India Citi Full time

**PBWM Financial Planning and Analysis - Model Governance - C11**

**Description**

**Job Purpose**:
An excellent opportunity for individuals seeking a career within Citigroup and more specifically within the Finance Division. It is for Transformational role within Citi’s Personal Banking and Wealth Management (PBWM) division, which is to support model governance and model documentation processes. The role will be to support Transformation efforts for North America within Finance working in Mumbai Financial Planning and Analysis (FP&A) Team with the performance of key activities (as described below).

**Job Background/Context**:
Citi is the leading global financial services company. It does business in more than 100 countries, providing consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage and wealth management.

**Key Responsibilities**
- Overall model governance - Leverage daily/weekly/monthly reports published by MRM and iMRMS reporting system to monitor model deliverables and create dashboards and status reporting. Coordinate across corporate teams, model risk management teams, transformation teams, and FP&A teams to provide status updates and respond to model governance requests.
- Model Governance activities include:

- Model Inventory tracking - updating inventory tracker with new models and any changes in the status of existing models.
- Highlighting various cut-off and due dates to Model sponsors and coordinating same MRM teams.
- Perform ‘Ongoing Performance Assessments’ - Partner with FP&A teams to complete the ongoing performance assessments for the Business Planning models. These will need to be completed quarterly for high risk models, semi-annually for medium risk models, and annually for low risk models.
- Annual Model Review - Partner with the FP&A teams to complete the annual model review documentation for each business planning model
- Support model documentation across model life cycle for various BAU and new model deliverables as outlined in the bullets below. Submit documentation in approved MRM templates into the iMRMS system and work with MRM to ensure all questions are answered and the documentation is approved by the deadline in iMRMS.
- Model limitation remediation - Partner with the FP&A teams to document compensating controls for any model limitation opened by MRM. Examples of limitation themes are clarifying the model algorithm, providing more detail on model assumptions, providing additional back testing, etc.
- Model Assumptions Addendum documentation - Partner with FP&A teams to provide model assumption documentation for Forecast Workshop models for each model run
- Model change documentation (MCC/MCA) - Partner with FP&A teams to document any necessary model changes through the MCC/MCA MRM process. Example of recent model changes include extending the model forecast horizon and adding new model usages
- Create MDTT/Documentation for new Models for addition of new product or other dimension added into business, coordinate with multiple stakeholders like Model Sponsorer, FP&A team, MRM, transformation teams to make sure if it goes through proper Model documentation process listed and the MDTT is submitted in proper timelines in IMRMs system. Coordinate on any queries pertaining to this.
- Comply with various guidelines, timelines in relation to Models in coordination with various stakeholders and stay updated on any changes and additional requirement pertaining to above and comply on the same
- Periodic self-check and assessment in respect on Model Inventory and due dates, maintain good relationship with stakeholders like MRM, FP&A, FTO, Transformation team and other stakeholders in Onshore and Other locations
- Continuously stay updated on Product, Forecasting Processes and systems /tools which would be helpful in relation of performance of above activities

**Development Value**:

- Opportunity to join one the leading financial Institutions in the world which prides itself on people development and mobility
- The role also provides a great opportunity to build a career within the Finance Division and gain a holistic understanding of the financial forecasting processes and systems within Consumer/Personal Banking business.
- Interaction with people at varied levels and from different areas of the organization i.e. finance, business, Corporate etc.
- Opportunity to work closely with the Senior Management

**Qualifications**

**Knowledge/Experience**:

- Minimum 6-7 years of experience in FP&A with good understanding of FP&A processes and management reporting
- Transformation or Project management experience in Banking/Financial services would be added advantage
- Professional degree equivalent to CA/MBA/BMS would be preferable
- Strong presentation skill with hands on experience using MS Office (PowerPoint and Excel)
- Know



  • Mumbai, India Citi Full time

    **PBWM Financial Planning and Analysis - North America Transformation role - C13** **Description** **Job Purpose**: An excellent opportunity for individuals seeking a career within Citigroup and more specifically within the Finance Division. It is for Transformational role within Citi’s Personal Banking and Wealth Management (PBWM) division, which is to...


  • Mumbai, India Mangalam Placement Full time

    **Company**: Vendiman Private Limited **Location** Mumbai **Experience** 6-8 Years **Key Skills** ratio analysis, Variance Analysis, budgeting, Balance Sheet **Position: Financial Planning and Analysis** **Qualification: MBA,PGDM** **Experience: 5 to 9 years** **Location: Mumbai** **Job description** Financial planning &...

  • Financial Planning

    5 days ago


    Mumbai, India Acme Services Full time

    Hiring for one of the Housing Finance Company (NBFC) Role : Financial Planning & analysis (FPA) Qualification : MBA Location : Churchgate, Mumbai Experience : 4 to 8 Years Preferred industry : NBFC/housing finance **Job description**: Managing all finance and accounting operations - Coordinating and directing the preparation of the budget and financial...


  • Mumbai, India Migration and Asylum (Ara Trust) Full time

    **312, Vasan Udhyog Bhavan, Sun Mill Compound, Lower Parel, Mumbai - 400013** **Job Description - Financial Planning & Analysis (FP&A) Expert** **Reporting to : Founder** **About CAI Store** The CAI Store was launched in 2015 with the sole purpose of providing fashionable and modest footwear that is manufactured without the use of leather, with...


  • Mumbai, India Piramal Capital & Housing Finance Limited Full time

    Chartered Accountant with 5-10 years of post-qualification experience• Candidates with Retail Finance background • Strong focus on controls and processes and high attention to detail• The ability to work closely with external stakeholders• Strong written and verbal communication skills for engaging with business partnersand ensuring processes are...


  • Mumbai, India Piramal Capital & Housing Finance Limited Full time

    Chartered Accountant with 5-10 years of post-qualification experienceCandidates with Retail Finance backgroundStrong focus on controls and processes and high attention to detailThe ability to work closely with external stakeholdersStrong written and verbal communication skills for engaging with business partners and ensuring processes are being...


  • Mumbai, India Piramal Capital & Housing Finance Limited Full time

    Chartered Accountant with 5-10 years of post-qualification experienceCandidates with Retail Finance backgroundStrong focus on controls and processes and high attention to detailThe ability to work closely with external stakeholdersStrong written and verbal communication skills for engaging with business partners and ensuring processes are being...


  • mumbai, India Capita Full time

    Job Responsibilities:Partnering with Sales and Operational leads in the Business. This will involve significant daily interaction with colleagues to provide accurate forecasting as well as understanding the key financial implications of the actions of the business.accurate forecasts of costs and benefits.assurance and associated query resolution.the...


  • mumbai, India Capita Full time

    Job Responsibilities:Partnering with Sales and Operational leads in the Business. This will involve significant daily interaction with colleagues to provide accurate forecasting as well as understanding the key financial implications of the actions of the business.accurate forecasts of costs and benefits.assurance and associated query resolution.the...

  • Financial Planning

    5 days ago


    Mumbai, India Ugam Solution Pvt Ltd. Full time

    **Role & Responsibility**: - Weekly Revenue forecasts - Monthly client wise profitability - Actual vs Budget Variance Analysis - Monthly/Quarterly financial performance tracking - Adhoc Pricing models - Adhoc analysis pertaining to revenue and costs - Should be willing to work in IST/GMT shift **Skills**: - Should have hands-on experience in creation of...

  • Financial Planning

    5 days ago


    Mumbai, India Acme Services Full time

    **Hiring for one of the well known Housing Finance Company!** **Job Position**: - Financial Planning & Analysis **Qualification required**: - MBA (Finance) **Experience**: - 3+ Years - Managing all finance and accounting operations - Coordinating and directing the preparation of the budget and financial forecasts and report variances - Preparing and...


  • Mumbai, India Capita Full time

    Job Responsibilities:Partnering with Sales and Operational leads in the Business. This will involve significant daily interaction with colleagues to provide accurate forecasting as well as understanding the key financial implications of the actions of the business.accurate forecasts of costs and benefits.assurance and associated query resolution.the...


  • mumbai, India Capita Full time

    Job Responsibilities: Partnering with Sales and Operational leads in the Business. This will involve significant daily interaction with colleagues to provide accurate forecasting as well as understanding the key financial implications of the actions of the business. accurate forecasts of costs and benefits. assurance and associated query resolution. the...


  • Mumbai, India Capita Full time

    Job Responsibilities:Partnering with Sales and Operational leads in the Business. This will involve significant daily interaction with colleagues to provide accurate forecasting as well as understanding the key financial implications of the actions of the business.accurate forecasts of costs and benefits.assurance and associated query resolution.the...


  • Mumbai, India Capita Full time

    Job Responsibilities:Partnering with Sales and Operational leads in the Business. This will involve significant daily interaction with colleagues to provide accurate forecasting as well as understanding the key financial implications of the actions of the business.accurate forecasts of costs and benefits.assurance and associated query resolution.the...


  • Mumbai, India Capita Full time

    Job Responsibilities: Partnering with Sales and Operational leads in the Business. This will involve significant daily interaction with colleagues to provide accurate forecasting as well as understanding the key financial implications of the actions of the business. accurate forecasts of costs and benefits. assurance and associated query resolution. the...


  • Mumbai, India Capita Full time

    Job Responsibilities:Partnering with Sales and Operational leads in the Business. This will involve significant daily interaction with colleagues to provide accurate forecasting as well as understanding the key financial implications of the actions of the business.accurate forecasts of costs and benefits.assurance and associated query resolution.the...


  • Mumbai, Maharashtra, India Blis Full time

    **Finance Planning and Analysis specialist** Blis is looking for a Financial Planning and Analyst Specialist based in Mumbai working for our EMEA,APAC and US subsidiaries. The Financial Planning and Analyst will play a crucial role in supporting business decisions by collaborating with various teams to provide essential commercial finance analysis. The...


  • mumbai, India Mahindra Logistics Full time

    Position : Manager Financial Planning and analysisPosition Overview: The Financial Analysis and Planning Manager will play a critical role in driving the financial performance and strategic decision-making of the organization. This position requires a deep understanding of financial analysis techniques, proficiency in financial modeling, and the ability to...


  • mumbai, India Mahindra Logistics Full time

    Position : Manager Financial Planning and analysisPosition Overview: The Financial Analysis and Planning Manager will play a critical role in driving the financial performance and strategic decision-making of the organization. This position requires a deep understanding of financial analysis techniques, proficiency in financial modeling, and the ability to...