• ROHQ FRSS LRR RegInsight Local Regulatory Reporting Centralized Team Analyst Jobs in Philippines

  • Citibank India
  • Philippines

Job Description:

ROHQ FRSS LRR RegInsight Local Regulatory Reporting Centralized Team Analyst - 19002381


Job Background and Purpose

Citi as the leading global bank is present in 100 countries, 16 of which are in Asia In each of these countries the Central Banks and other financial regulatory bodies require the timely and accurate reporting of prudential requirements and other monetary statistics The Citi global platform, RegInsight, together with standard data stores helps meet the evolving regulatory reporting needs
Citi in Asia is rolling out RegInsight for Local Regulatory Reporting (LRR) using a standardized and automated approach A few Asia countries have started to implement RegInsight and more countries will follow in the years ahead
In order to execute the implementation programs in a more efficient manner, Citi is setting up a centralized team in Asia to support the Asia country programs and the reporting processes The centralized team members will be mostly based in Manila, which is one of the strategic sites of Citi Finance for US Reporting, and will work closely with representatives in the Asia countries such as Australia, Hong Kong, Singapore and India in meeting the countries reporting obligations to their specific regulators

Key Responsibilities of the centralized team members

RegInsight implementation

Review local regulatory reports across the region to identify common reports and set up standards for classification
Identify and analyze countrys critical data elements and attributes for LRR
Perform data quality review in particular for data coming from systems other than Genesis
Help to resolve data issues by interacting with multiple functions like country Finance, FRSS and Global Data Services teams
Liaise with country Finance SMEs, Technology colleagues of GFTS, and other relevant parties to write LRR rules in Rule Harmony for countries
Assist country to design and perform UAT and parallel testing
Support countries to implement other LRR projects eg Local RWA Optima RegInsight Implementation program


Assist countries to institutionalize global LRR Governance standards and processes for issue tracking and reporting, GRRITT maintenance, and to facilitate oversight
Perform on-going review, eg EUCs, to help standardize and optimize current LRR processes to increase efficiency and enhance controls
Support RegInsight LRR change management activities
Provide support to in-country Finance teams
Lead/participate in future process migration activities

Development Value

The opportunity to work with people from different functions and different countries
Opportunities to gain a thorough knowledge of several Finance processes
Enhance knowledge about banking products and their accounting/reporting rules
Obtain and enhance knowledge regarding specific regulatory rules in different Asia countries


Knowledge and Experience

4-6 years of work experience in accounting (IFRS, local or US GAAP) financial reporting/auditing role
Prior experience in regulatory reporting role is an advantage
Financial product knowledge
Interpretation of financial/regulatory reports and keen to learn banking structures, standards of accounting and reporting
Experience on understanding, handling complicated data structures like GL systems or data warehouses
Business logic designing and transformation skills
High/Creative problem solving skills
Automation of end-user computations and delivery on EUCs
Expertise on data analytics tool like MS Access , BRE (Business rules engine) is a desired plus


Strong planning & organizational skills
Efficient and effective time management
Fluent English knowledge
Professional communication & interpersonal skills
Excellent analytical skills
Advanced MS Excel knowledge


University/College degree in finance/accounting/IT


Highly motivated with analytical & problem solving abilities
Ability to interpret & implement regulatory guidelines & professional standards
Demonstrated ability to complete tasks within tight deadlines
Needs to have excellent ability to pay attention to details and handle large volume of data
Able to work under pressure in different locations and in virtual teams
Creative, proactive and flexible
Enthusiastic team player


Ability to apply ETL (Enhance, Transform, Load) techniques to transform data into usable format for consumption
Basic Oracle/SQL/MS-Access knowledge is an added advantage
Knowledge of an additional Asia language
Project Management experience and other IT skills

Profile Summary:

Employment Type : Full Time
Eligibility : Any Graduate
Industry : Banking
Functional Area : IT Software : Software Products & Services
Role : Software Engineer
Salary : As per Industry Standards
Deadline : 20th Feb 2020

Key Skills:

Company Profile:

Citibank Indiaarfix

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