Citi ROHQ - FRO - Financial Reporting Manager in Philippines

  • Primary Location: Philippines,Central Luzon,Makati

  • Other Location: Asia Pacific

  • Education: Bachelor's Degree

  • Job Function: Finance

  • Schedule: Full-time

  • Shift: Day Job

  • Employee Status: Regular

  • Travel Time: No

  • Job ID: 16050761


Team Lead - Us Regulatory Reporting:

Job Summary:

The position will coordinate and lead all aspects of US Regulatory Reporting for all legal entities and business units in EMEA. Reporting to the Head of US Regulatory Reporting, the person will bring insightful analysis to identify process and quality improvements and assess requirements for the development and implementation of the infrastructure used for US Regulatory Reporting processes. The person will closely interact with Finance, Best-in-Class Finance team and FRO senior leadership to deliver against FRO and GPO initiatives on the Finance Transformation including adjustments reduction, data quality improvement, Finance infrastructure simplification, standardization, automation and centralization of the reporting processes.

Job Description

The person will have the following specific responsibilities:

  • Ensures the integrity of US Regulatory Reporting and compliance with Head Office/Corporate requirements, policies and standards. The reports include, but are not limited to Quarterly Memocable, Semi-Annual Disclosures, Country Exposure Reporting, US Basel Reporting and FAS 107 Fair Value Reporting

  • Interprets account changes and communicates impact to business and operations; Creates gap analysis and remediation plans to build tactical and strategic sustainable processes

  • Maintains a rigid system of internal controls in the record-to-report processes and sees that procedures are in place to identify and mitigate risks in the areas of responsibility

  • Develops, monitors and utilizes relevant metrics to recommend action plans to meet and exceed service level agreements

  • Partners with stakeholders in implementing strategic changes and ensuring they are properly informed of key accomplishments and developments

  • Provides the pertinent financial and management information reports to facilitate the needs of the global and regional partners

  • Coordinates, plans and executes global and regional programs on Citi Finance transformation as they relate to US Regulatory Reporting processes:

  • USRRI (US Regulatory Reporting Initiative) - Automation and standardization of regulatory reporting; Straight –through processes for QMemo

  • QAT (Quality Assurance Team) – Improvement in data quality of reports from Smart and Flexcube, head office reporting engine and GL system, respectively

  • Migration and centralization of Record-to- Report processes into Manila Center; Process standardizations and automation


The role requires:

  • Bachelor Degree in Finance, Accounting or Business Administration

  • Over 5 years of leadership experience in Finance operations with emphasis on relationship management and communication at all levels within an organization

  • Strong and extensive knowledge of US Regulatory Reporting, US GAAP working in large Financial Services or Banking Multinationals

  • Proven ability to perform under pressure and to adjust plans to meet changing needs and requirements

  • Experience in managing a team, and leading them towards attaining set targets in a demanding environment of constant change

  • Proven ability to facilitate and coordinate multiple deadlines, create cohesive teams and respond quickly to senior management requests

  • High-level of maturity and the ability to see the bigger picture especially in the face of decision making

  • With strong focus on controls and keenness on continuous process improvement

  • Conceptual and innovative thinking; proactive in seeking better ways to improve the reporting processes