The Finance Reporting Manager is an intermediate level position responsible for providing support for the generation, analysis, and submission of reports to various constituencies based on requirements such as Capital Requirements Regulation (CRR), US Generally Accepted Accounting Principles (GAAP), US Regulatory, and local statutory reporting, in coordination with the broader Financial Reporting Team. The overall objective is to apply in-depth disciplinary knowledge to contribute to directional strategy.

Responsibilities:

• Support the local Capital Planning and ICAAP production for the Broker dealer entity in Germany.
• Support the production and analysis as well as the timely and accurate fulfillment of regulatory reporting requirements related to i.e. ICAAP, Capital Planning, ECB Stress test, genuine Stress Testing activities for the broker dealer entity
• Support the production and analysis as well as the timely and accurate fulfillment of regulatory reporting requirements related to i.e. Recovery & Resolution
• Participate in projects as well as change-initiatives for the local German regulatory reporting group
• Ensure overall efficient and targeted reporting, identify process improvements & drive re-engineering initiatives.
• Assist with the implementation of policies and procedures
• Support the day to day management of Finance relationship with the German and other regulators
• Support change process by ensuring further technical improvements and high quality deliveries from the service centers
• Support the implementation of new regulatory rules and requirements as well as respective tailored reporting requirements to internal and external stakeholders
• Work with senior leadership on strategic planning, establishing guidelines, implementing controls, and executing strategic plans
• Contact for questions arising from regulators around regulatory initiatives, which include regulatory reporting (COREP, FINREP, Statistical Reporting etc. ) capital planning processes, ICAAP / SREP related topics.
• Work with external and internal auditors for all regulatory related queries
• Interact with International teams on regulatory reporting to ensure knowledge transfer in all directions

Competencies:

• Strong ability to negotiate and influence.
• Ability to develop innovative, yet pragmatic solutions and approaches that "fit" the environment.
• Information gathering, organization & analytics
• Analytical thinking.
• Team player and very good interactive communication skills.
• Strong interpersonal skills are essential.
• A pro-active decision maker who has the ability to champion Finance initiatives to successful conclusion.

Qualifications:

• Experience in Financial Services preferred (multinational experience would be an advantage)
• Profound technical knowledge of German regulatory reporting requirements as well as applicable regulation i.e. CRR, CRR2, CRR3.and Basel Accords.
• Experience in dealing with regulators i.e. BaFin, Bundesbank, ECB, SRB as well as external auditors
• In depth knowledge of ICAAP, Recovery & Resolution requirements or capital planning processes.
• Good communication and presentation skills
• Very good analytical and technical skills
• Fluency in both written and spoken English and German (beneficial)
• Practical experience with Finance processes.
• Understanding of US and local accounting principles.

Education:

• Bachelor’s Degree/University degree or equivalent experience
• MBA or Professional Degree an advantage.

What we can offer you:

This role will offer you the opportunity to build a solid understanding of financial services operations and deepen your knowledge about effective regulatory requirements. Since the regulatory landscape is continuously changing it will support your development that can drive your career.

By joining Citi Hungary, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive compensation package and enjoy a whole host of additional benefits that support you (and your family) to be well, live well and save well:

• Cafeteria Program
• Home Office Allowance (for colleagues working in hybrid work models)
• Paid Parental Leave Program (maternity and paternity leave)
• Private Medical Care Program and onsite medical rooms at our offices
• Pension Plan Contribution to voluntary pension fund
• Group Life Insurance
• Employee Assistance Program
• Access to a wide variety of learning and development programs, online course libraries and upskilling platforms, such as Udemy and Degreed
• Flexible work arrangements to support you in managing work - life balance
• Career progression opportunities across geographies and business lines
• Socially active employee communities with diverse networking opportunities

Alongside these benefits Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day. We want the best talent around the world to be energized to join us, motivated to stay, and empowered to thrive.

Sounds like Citi has everything you need? Then apply to discover the true extent of your capabilities.

#LI-LJ2

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Job Family Group:

Finance

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Job Family:

Regulatory Reporting

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Time Type:

Full time

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Most Relevant Skills

Business Acumen, Change Management, Communication, Data Analysis, Financial Acumen, Internal Controls, Issue Management, Problem Solving, Regulatory Reporting.

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Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

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