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Regulatory Change Expert

Job Req ID 24719140 Location(s) Budapest, Hungary Job Type Hybrid Job Category Finance
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Join our expanding Citi Finance Team in Budapest and make your own progress in a supportive and friendly environment!

We are a people-oriented organization that appreciates and promotes personal and professional aspirations. Our corporate culture is empathic: we acknowledge life-work balance throughout your career path.

The Regulatory Change Expert will bepart of Budapest Regulatory Reporting team, which services German entities as well as the CSC Regulatory Reporting team and has in depth interaction with business on all locally booked business.

Main purpose of the role:

  • Lead regulatory change projects for the local regulatory reporting team for Germany Controllers.

  • Ensuring accurate implementation of local regulatory reporting requirements for Germany entities.

  • Coordination with various stakeholders such as the Service Centre in Budapest and Technology teams

  • Ensure overall efficient and targeted project results, identify process improvements & drive re-engineering initiatives

In this position you will use and expand your experience and professional skills for the following responsibilities:

  • Oversee and manage the production, analysis and delivery of reports to various constituencies (National / central regulators like BaFin, ECB, SEC, etc) based on requirements such as IFRS, German GAAP, CRR

  • Perform analysis of financial results and conclude cause of variances such as accounting issues and economic events

  • Participation in efficiency and innovation projects on ad hoc basis by reviewing and developing current processes using advanced digitalization tools

  • Maintenance and further development of key controls including reconciliations, variance analysis and mapping reviews;

  • Liaising with multiple departments of the covered countries (including Data Services, Financial Control, Risk Departments, Treasury, FP&A etc.) to coordinate reporting and resolve issues;

  • Provide support to country Finance teams or other central teams

  • Manage data quality issues, investigate data quality improvement possibilities;

  • Prepare report mapping logics and rules set up in new system implementation project;

Ideal qualifications and skills:

  • 5+ years of work experience in financial, regulatory or risk reporting / auditing roles

  • Good understanding of Accounting & Finance principles and Financial Markets and products/Regulatory Reporting requirements

  • Excellent analytical skills

  • Knowledge of VBA, Python, Knime, SQL

  • University/College degree in finance/accounting

  • Fluency in English

  • Knowledge about German GAAP / IFRS and Basel 3 are highly advantageous

Benefits

  • Competitive compensation package with a wide range of benefits:

  • Cafeteria Program

  • Remote Working Allowance - for colleagues working in hybrid and remote work models

  • Paid Parental Leave Program - maternity leave 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 colleagues’ in managing work - life balance

  • Continuous career progression opportunities across geographies and business lines

  • Inclusive and friendly corporate culture

  • Socially active employee communities with diverse networking opportunities

Apply to join the world’s most global bank and discover the true extent of your capabilities!

#LI-DP1

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Job Family Group:

Finance

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Job Family:

Financial Reporting

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Time Type:

Full time

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Citi is an equal opportunity and affirmative action employer.

Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.

View the "EEO is the Law" poster. View the EEO is the Law Supplement.

View the EEO Policy Statement.

View the Pay Transparency Posting

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