VP, Local (RWA) Regulatory Reporting Lead

00416 Citibank Canada; Ontario; On-site; CAD 80,000 - 120,000; Full time

Job summary

A leading financial institution is seeking an intermediate management position within the Controllers Organization, focusing on Spot Risk Weighted Asset (RWA) Calculation and Reporting. The role involves performing analysis for Basel RWA Reporting, ensuring compliance with regulatory requirements, and collaborating with various functions across the organization. Ideal candidates will have significant experience in accounting management and relevant qualifications such as CA, CPA, or MBA.

Qualifications

• 6-10 years of experience in accounting management.
• Experience with Basel RWA Reporting and regulatory requirements.

Responsibilities

• Perform analysis and submission of reports for Basel RWA Reporting.
• Ensure adherence to Basel rules for business initiatives.
• Develop materials in response to regulatory requests.

Skills

Stakeholder Management

Quality Control

Regulatory Compliance

Financial Analysis

Education

Chartered Accountant (CA)

Master in Business Administration (MBA)

Certified Public Accountant (CPA)

Bachelor’s / University degree

Job description

This role is for Spot Risk Weighted Asset “RWA” Calculation and Reporting - this is an intermediate management position within the Controllers Organization. The individual will drive the production needs and support various workstreams under the Capital Reporting team, which will be responsible for the firm and bank’s RWA calculation and reporting. The position will have a high level of visibility within the organization with opportunities to work directlywith other Finance and non-Finance functions throughout Citi, including the Businesses, Risk, Treasury, Financial Planning & Analysis, as well as Enterprise Technology, & Operations.

Responsibilities :

• Perform the analysis and submission of reports for Basel RWA Reporting based on OSFI Canada Regulatory requirements. Primary focus will be on performing activities in the analysis of the RWA results and processes / procedures to ensure quality control of deliverables.
• Execute procedures to ensure that Basel rules are adhered to for business initiatives, new product offerings and for changes in Basel requirements.
• Research and develop supporting materials in response to regulatory requests and line of business queries.
• Work directly with key business and technology and operations personnel to address day-to-day delivery and execution tasks and to ensure throughput and process execution is optimized.
• Utilize adopted frameworks, methodologies and tools aligned to the strategy of the group in production of the RWA results.
• Execute internal controls and document effectiveness of the control structure used in the RWA analysis.

Qualifications :

• Chartered Accountant (CA) / Master in business administration (MBA) / Certified Public Accountant (CPA) or equivalent combination of education.
• 6-10 years of experience in accounting management with commensurate stakeholder management experience

Education :

• Bachelor’s / University degree, Master’s degree and / or CFA / FRM preferred