Head of Regulatory Reporting at Citibank Nigeria Limited

Citibank Nigeria Limited, the leading global financial services company, provides consumers, corporations, governments and institutions with a broad range of financial products and services.We are recruiting to fill the position below:Job Title: Head of Regulatory ReportingJob ID: 19017685Location: LagosSchedule: Full-timeShift: Day JobEmployee Status: RegularTravel Time: NoJob PurposeProactively identify and resolve country finance issues, supporting the financial reporting, control and management of legal vehicles in compliance with legal and regulatory requirements.Provide support to the Citi Country Finance Officer (CFO) to protect the Franchise and to ensure Citi is appropriately managing Finance related risks as it affects the business activities in the country.Key ResponsibilitiesEnsuring that accounting complies with Corporate and local generally accepted accounting principles and regulatory accounting guidelinesResponsible for compliance with local tax laws and tax planning where applicable.Ensuring compliance with local regulatory and tax reporting requirements.Ensuring internal controls are in place and operating effectively.Ensuring that appropriate statutory audits and examinations are conducted.Ensuring that the tracking of corrective actions for internal, management Risk and Management Control Assessments (“MCA”) and external audits are diligently performed.Involvement with major issues in the various businesses that could give rise to the regulatory concerns or franchise risks.Advice the CFO and senior management of the financial and regulatory ramifications of any ethical and business practice concerns that arise within the country.Responding to internal and external inquiries (including regulatory inquiries) in coordination with Citi corporate offices.Lead or participate in any crisis management investigations that may have financial implications.Establish and maintain appropriate documentation/controls to ensure the integrity of financial, regulatory and management information.Create effective control environment to ensure adherence with all internal and external policies and procedures.  Coordinate audits and internal reviews. Establish a process to ensure all necessary reporting functions are operating effectively and efficiently.Business Relationships:Interact with the various business units within the Bank including coverage teams, products and Risk.Ensure that the control environment remains safe and sound by liaising with Operational Risk Management (ORM), Compliance and the Regulatory Reporting Governance Committee (RRGC).Act as regulatory liaison by proactively dealing with the requirements of the Central Bank of Nigeria and other regulators.QualificationsKnowledge:Analytical and Financial Skills: applicant must have understanding of the Firm's financials, balance sheet and income statement with ICG Product knowledge, ability to discern key drivers and risk/opportunities.Communication skills: will be interacting with the senior management in the franchise, on a variety of internally driven and function driven deliverables.Teamwork/Relationship Management: the position requires extensive teamwork, partnership and collaboration across Finance and other functionsExperience in Citi reporting processes or Product processing group will be an added advantage.Good knowledge of banking products and businessKnowledge of bank systems e.g. Flexcube, Smart, Pearl, etc.Skills:Strong interpersonal and communications skillsAbility to manage and motivate a team of finance professionals.Good teamwork and project management skills.Proficiency in MS Office suite - Excel, PowerPoint, WordCore Competencies:Good Accounting skillsFinancial Modeling and analytical skillsQualifications/Requirements:Minimum of a First Degree in any discipline plus a relevant higher degree or professional  qualification 

Apply at https://ngcareers.com/job/2019-04/head-of-regulatory-reporting-at-citibank-nigeria-limited-643/