Financial Planning

**Financial Planning & Analysis**

**Analyst (C11) - FP&A Mumbai Analytical Center Risk & Control**

**Description**

**Job Purpose**:
An excellent opportunity for individuals seeking a career within Citigroup and more specifically within the Finance Division. The purpose of the role will be to support the 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.

The Mumbai FP&A team is an integral part of the larger Global FP&A team with ~600 employees. The role is within the Strategy & Execution team which looks at all the aspects of transitions management, risk and control, governance, compliance management, continuity of business, records management, information security and internal audit.

**Key Responsibilities**

**Operational Risk and Controls**
- Ownership of end to end core deliverables for Corporate FP&A including but not limited to End User Computing, Finance Models Identification, Models Risk Management, Outsourcing Governance, Managers Control assessment (MCA) etc.
- Develop action plans for policy implementation and ensure compliance with policies and frameworks
- Build Strategy and Execute R&C responsibilities by leading and working with various stakeholders in ensuring delivery of E2E components of policies and frameworks.
- Ensure adherence to applicable policies / procedures for Corporate FP&A
- Partner with Local / Global seniors and support them with deliverables
- Lead the facilitation, coordination and resolution of efforts for the business unit via project planning, execution and control of key risk & control initiatives as needed in alignment with requirements and standards set by the centralized governance and oversight teams (e.g. MCA, EUC, MRM etc.)
- Inventory management & review of compliance control activities such as monthly information sheet, KPI and book of work submissions, reports/review materials/activities review for enhanced controls (e.g. maker/checker), standard operating procedures completeness assessment, etc.
- Govern Monthly / Quarterly control & compliance forum meetings and share review score cards with senior management
- Drive self-identification of risk issues
- Work with Local / Global seniors to facilitate and close the Quarterly and Annual risk assessments for Corporate FP&A

**In-Business Control & Review**

**End User Computing**
- Annual Inventory review
- Metrics and Reporting
- Adherence to EUC controls standards
- Alignment to MRM policy
- Alignment to MCA policy and testing of critical controls related to EUCs
- Adhere to process/governance requirements relating to rationalization of High/Medium Risk EUCs

**Finance Models Identification**
- Manage project requirements basis on-going communication from Global project teams
- Coordinate and maintain repository of all models pertaining to Mumbai FP&A
- Drive implementation of the project requirements on a need basis
- Drive implementation of MRM policy requirements for models assigned to Mumbai FP&A
- Alignment to EUC Policy
- Alignment to MCA policy

**Outsourcing Governance**
- Monitor and execute Outsourcing policy requirements in line with India CSC Rules of The Road
- Engage with Country/Regional outsourcing partners on policy requirements to ensure all documentation is complete and in adherence to policy requirements e.g. NCIA, ADR (including annual review), updates in e-sourcing system, etc.
- Adherence to Cross Border Data Clearance requirements
- Manage ongoing outsourcing Monitoring and Governance requirements

**Managers Control Assessment**
- Quarterly Risk Assessment:

- Monitoring evidence collection and result updation
- Attestations
- QRA deck preparation
- AU and MGE owner discussions and obtaining approval
- Emerging Operational Risk update if any
- Annual Risk Assessment:

- Reassessment of MCA Scope (SIORs), Risk Ratings (IR & RR), Control Environment and status
- Addition/ Deletion of activities and its assessment
- Assess attestations
- Operational Loss Assessment
- EMP/ SMP/ Dependency acceptance
- Emerging Risk Assessment if any
- Issue Mapping and resolution
- ARA deck preparation
- AU and MGE owner discussions and obtaining approval
- Managing ORM review and challenges. Supporting AUs to submit responses to the issues / comments raised by the ORM. Making changes to align with the ORM issues/comments which are accepted.
- Attending monthly Finance MCA update meetings to be updated with Finance risk environment and make changes if any required.
- EMP/ SMP / Analysis & Socialization
- Analyzing the Dependency for acceptance into the AU. Further coordinating with th