Ppnr Forecast Execution

2 days ago


Mumbai, India Citi Full time

**PPNR Forecasting and Budgeting - Production & Analysis**

This role will be part of Forecast Execution team established by Global FP&A head and Capital Planning head to:

- Provide oversight over execution of CCAR/DFAST, Quarterly Multi-Year Multi-Scenario Forecasting (QMMF) and Operating Plan
- Ensure delivery of all PPNR workstream deliverables including forecast analysis, governance, and controls requirements
- Drive target state process design for Citi’s planning processes working closely with FP&A, Treasury / Capital Planning, Risk, Tax, and business teams

This role will be part of the FP&A Budgeting and Forecasting team within Forecast Execution. This role provides support, analysis, and insight for the CCAR-PPNR Stress Testing & Quarterly Multi-Year Multi-Scenario Forecast (QMMF) process at Citi. The role works in a team that interacts closely with each business unit in Citi to create and model financial results and projections for each line of business. Through this analysis, the team facilitates the stress testing projections, which are used for the regulatory Comprehensive Capital Analysis and Review process (CCAR) & QMMF. Deliverables include, but are not limited to, quarterly forecasts and downside scenario generation, analytics of P&L and balance sheet components, review of forecasting methodologies, Y14A Federal Reserve templates, ad-hoc analysis and presentations for regulators, Board of Directors, Operating Committee and senior stakeholders. The work involves a mix of analytics, forecasting governance, and project/process improvement work as part of the through an quarterly cycles. A critical component of the role is be able to understand data structures throughout the firm and help remediate such issues for the PPNR team.

**Responsibilities**:

- Provide support to the delivery of full range of services to one or more businesses/geographic regions and interact with peers internally/externally
- Coordinate and drive CCAR & QMMF production, development of review and analytics materials
- Escalate and anticipate critical issues, bottlenecks for timely resolution. Drive to meet CCAR & QMMF deadlines as per the official calendar
- Work with Ruby (Citi Internal System) and modeling team to implement models online as much as possible. Reduce the use of EUC and manual model runs
- Coordinate technology BOW to facilitate efficiency in process and reduction of offline models
- Work on projects to ensure forecasting data granularity is at the right granularity
- Execute Review and Challenge of PPNR key assumptions and analysis of key sensitivities in preparation for submission to senior management and the Board
- Coordinate FP&A activities for CCAR & QMMF, including liaising with global Finance business units, Risk and Treasury; the ability to build partnerships is very important
- Develop analytics and analytical tools to help drive understanding of key results by the businesses and senior management, as well as to support the review and challenge execution
- Develop presentations and analysis of review and challenge activities/results to PPNR Senior Governance Group
- Support resolution of Fed questions/variance analysis, develop and review Fed materials
- Support external and internal audits of the PPNR process and results
- Change agent mentality and ability to work as part of a broader team are very important; identifying gaps and streamlining processes are primary elements of the role
- Execute rigorous Review and Challenge of all CCAR & QMMF activities, workstream adjustments, final model results and qualitative modeling approaches/expert judgment; review and challenge of overlays is a key focus given recent regulatory feedback

**Qualifications**:

- Minimum of 5+ years of relevant finance/business/accounting/MIS experience in financial services
- Degree in Economics, Finance, Accounting or related discipline Financial statement/product knowledge.
- Ability to translate complex financial schedules into meaningful analysis and presentations
- Demonstrated analytical skills, including the ability to synthesize quantitative and qualitative data to draw conclusions and assist with decision making
- Quick learner, ready to dive in to details, gain good business knowledge of all Citi businesses, and become a PPNR expert/ go-to leader
- Strong interpersonal skills, with a balance of assertiveness and discretion to be a credible and sought after resource
- Flexibility to be effective and persuasive with all levels of management
- Ability to build key cross-functional and cross-business relationships
- Change agent mentality to drive for process enhancements and simplification; demonstrated ability to lead projects
- Good working knowledge of RUBY system is a plus
- **Job Family Group**:
Finance
- **Job Family**:
Financial Planning & Analysis
- **Time Type**:
Full time
- Citi is an equal opportunity and affirmative action employer.

Qualified applicants will receive consideration without regard t


  • Forecast Execution

    2 weeks ago


    Mumbai, Maharashtra, India Citi Full time

    **PPNR Forecasting and Budgeting - Production & Analysis** This role will be part of Forecast Execution team established by Global FP&A head and Capital Planning head to: - Provide oversight over execution of CCAR/DFAST, Quarterly Multi-Year Multi-Scenario Forecasting (QMMF) and Operating Plan - Ensure delivery of all PPNR workstream deliverables including...


  • Mumbai, India Citi Full time

    **PPNR Forecasting and Budgeting** - SVP, FP&A Senior Lead Analyst** This role will be part of Forecast Execution team established by Global FP&A head and Capital Planning head to: - Provide oversight over execution of CCAR/DFAST, Quarterly Multi-Year Multi-Scenario Forecasting (QMMF) and Operating Plan - Ensure delivery of all PPNR workstream deliverables...

  • Financial Planning

    4 days ago


    Mumbai, India Citi Full time

    Central CCAR PPNR This Corporate Financial Planning & Analysis role provides analysis, and insight for the consolidated long-term planning and CCAR Stress Testing processes at Citi. The role works in a team that interacts closely with each business unit in Citi to create and model financial results and projections for each line of business. Through this...


  • Mumbai, India Citi Full time

    **Day-to-Day Responsibilities**: Description Comprehensive Capital Analysis Review (CCAR) is a semi-annual US Federal Reserve regulatory submission. 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...


  • Mumbai, India Mastermind Network Full time

    Job Description - Developing Treasury Models/ PPNR/ IRBB/ Interest risk / credit risk models/CCAR models - Development of econometric forecasting models for key Balance sheet and income statement line items for capital and business planning purposes - Manage the model life cycle from first line of defense perspective and participate in Segmentation -...


  • Mumbai, India Mastermind Network Full time

    Job Description - - Developing Treasury Models/ PPNR/ IRBB/ Interest risk / credit risk models/CCAR models - - Development of econometric forecasting models for key Balance sheet and income statement line items for capital and business planning purposes - - Manage the model life cycle from first line of defense perspective and participate in Segmentation -...


  • Mumbai, India Citi Full time

    Integral to Citi Cards‘ success is strong and effective Risk Management that allows us to serve our customers while also protecting Citi’s interests. NA Cards Risk Management division comprises of highly qualified individuals spread across the globe. **Position Summary**: The role is within the Loss / Loan Loss Reserve Forecasting and Stress Testing...


  • Mumbai, India Citi Full time

    Integral to Citi Cards‘ success is strong and effective Risk Management that allows us to serve our customers while also protecting Citi’s interests. NA Cards Risk Management division comprises of highly qualified individuals spread across the globe. **Position Summary**: The role is within the Loss / Loan Loss Reserve Forecasting and Stress Testing...

  • Avp- Ccar

    1 week ago


    Mumbai, Maharashtra, India Citigroup Full time

    **Discover your future at Citi**: Working at Citi is far more than just a job. A career with us means joining a team of more than 230,000 dedicated people from around the globe. At Citi, you’ll have the opportunity to grow your career, give back to your community and make a real impact. **Job Overview**: Integral to Citi Cards‘ success is strong and...

  • Financial Planning

    1 week ago


    Mumbai, India Citi Full time

    The Financial Planning and Analysis Lead Analyst is a senior professional role responsible for providing management with an analysis and insight of ICG financial results around Balance Sheet, Capital and PPNR in coordination with the broader Finance team. The overall objective is to contribute to directional strategy as well as utilize in-depth specialty...