Credit Controllers Vice President - Financial Accounting & Data Management

Citi • Getzville, NY

1d • $92,000 - $138,000

About The Position

The Credit Controller Vice President is a strategic professional who closely follows the latest credit-related trends and adapts them for application within the Controllers organization and their own job. Requires advanced commercial awareness and knowledge of credit reserves, balance sheet accounting, and risk and controls. Developed communication and diplomacy skills are required in order to guide, influence, and convince others, in particular colleagues in the Finance and Credit Risk organizations. Significant impact on the area through complex deliverables at the entity and enterprise level, which eventually affects the overall performance and effectiveness of the sub-function and job family.

Requirements

• 6-10 years of relevant experience, in banking or financial services preferred
• Strong knowledge of technical accounting, with credit reserve experience preferred, data analysis, and financial reporting
• Self-motivated with the ability to work independently with minimal guidance
• High attention to detail and accuracy with a strong controls mindset
• Demonstrated ability to manage competing priorities in a complex and dynamic environment
• Excellent communication and diplomacy skills to influence others
• Advanced Microsoft Office skills
• Bachelor’s degree in Accounting, Finance, Business, or related field

Responsibilities

• Establish and maintain central oversight of the financial and accounting processes within the Current Expected Credit Losses (CECL) framework
• Ensure the integrity of CECL-related data, from model results to ledger entries, by implementing critical reconciliations, managing credit loss activity, and substantiating all related accounts to guarantee accurate financial and regulatory reporting while strengthening our internal control environment over a complex process
• Manage and monitor the quarterly financial close process, including posting journal entries as needed
• Drive process improvements to increase efficiency and strengthen controls
• Comply with relevant policies and procedures, including ongoing maintenance of all documentation
• Act as trusted advisor to key stakeholders across the Finance and Risk organizations
• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency

Benefits

• In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards.
• Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs.
• Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays.
• For additional information regarding Citi employee benefits, please visit citibenefits.com.
• Available offerings may vary by jurisdiction, job level, and date of hire.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees