Finance Quality Assurance, Monitoring & Testing Group Manager-SVP- TORONTO

00002 Citibank, N.A.; Toronto; On-site; CAD 100,000 - 130,000; Full time

Job summary

A leading financial institution is seeking a Team Leader for its Global Finance Control Testing Team. This strategic role focuses on executing control testing and managing a team of professionals, ensuring compliance and efficiency in financial controls. Ideal candidates have extensive experience in financial services along with strong leadership and technical skills.

Qualifications

• 4-6 years of management experience in finance.
• Over 10 years of financial services experience.
• Risk management certifications like MBA, CIA, CPA preferred.

Responsibilities

• Execute controls testing, assessing control design and developing testing tools.
• Lead Control Design Assessment and resolve escalations.
• Engage with senior management and support performance management.

Skills

Management

Communication

Risk Management

Control Testing

SQL

Python

Excel VBA

Education

Bachelor's degree

Master's degree

Job description

The Global Finance Control Testing Team is responsible for testing controls designed and executed by Citi’s Global Finance teams, including Controllers, Tax, Treasury, etc. The team works with leadership to challenge Finance First Line Unit (FLU) risks, controls, and issues documentation to support effective risk management, ensuring appropriate escalation of deficiencies in accordance with MCA, Issue Management, and Escalation Policies.

This strategic and execution-oriented management position, alongside the Finance Controls Testing Head, is accountable for end-to-end controls testing and operational controls performance assurance. This includes design, execution, reporting, and sharing insights related to controls testing. The role focuses on key controls across organizational segments to support risk reduction efforts related to high inherent risks.

The Team Leader manages a team of approximately 4 to 6 controls testing professionals, overseeing planning and execution. The role requires staying updated on latest trends in controls testing and applying them within the organization. Regular communication with senior managers at Director or Managing Director levels is expected.

Excellent management and communication skills are essential for negotiating and influencing colleagues and external stakeholders. The role involves accountability for controls testing results and advising on controls execution. It also includes supporting staff management, resource allocation, and handling escalations.

Responsibilities:

1. Execute controls testing by assessing control design, developing testing tools and procedures, managing transitions, and analyzing results.
2. Lead Control Design Assessment (CDA), resolve escalations, define work plans, and oversee quality reviews.
3. Make decisions on control testing design, approve testing procedures, and handle escalations and audit actions.
4. Approve testing procedures in Confluence and support internal audit reviews and issue remediation.
5. Maintain resource forecasts and manage testing transitions and training.
6. Engage with senior management at Director or Managing Director levels.
7. Implement quality assurance routines to ensure policy and process compliance.
8. Support team members in testing design, execution, and performance management.
9. Drive continuous improvements in control testing accuracy, efficiency, and quality.
10. Build and maintain relationships with partners and stakeholders to ensure successful control testing aligned with business strategy.
11. Assess risks in business decisions, ensuring compliance with laws and policies, and escalate issues transparently.
12. Support other departmental initiatives as directed.
13. Represent control testing in operational forums and senior meetings.

Preferred Qualifications:

• 4-6 years of management experience.
• Experience in building and executing control testing programs.
• 5+ years in FP&A, Tax, Controller, or Treasury at a medium to large financial firm.
• Audit experience, internal or external.
• Experience with regulatory reporting (e.g., RWA, FFIEC 031, FR Y9C, etc.).
• Risk management certifications like MBA, CIA, CPA, or similar.

Qualifications:

• Over 10 years of financial services experience.
• Knowledge of third-party risk models.
• Strong written and verbal communication skills.
• Proficiency in SQL, Perl, Python, Matlab, R, Excel VBA; database administration experience is a plus.

Education:

Bachelor’s degree required; Master’s degree preferred.