The Closing & Validation Quality Assurance (CVQA) Analyst will have responsibility for supporting the quality review of documentation and artifacts which evidence the completeness and accuracy of work done to complete audit, regulatory, first and second line issues as they go through the issue remediation lifecycle. CVQA analyst will support the oversight of a portfolio of issues across Finance departments and will serve as the first line of defense for the support of Quality Assurance and Control for Finance owned Issues and CAPs, across all issue sources (IA, Reg, Self-identified, other) across the issue management lifecycle. The CVQA team will engage directly with issue owners and coordinators and partner with Finance function Control officers.
The ideal candidate will demonstrate strong understanding of Finance process (Controllers, Treasury, Capital Management,FP&A, Tax etc.) and in-depth specialty knowledge of risks, control design/implementation and IA validation methodology. Candidate will demonstrate strong and disciplined analytical skills, developed through a consulting, audit, controls, QA or other similar function. Candidate will be curious and diligent, ensuring thorough evaluation of documentation and artifacts, rigorous audit planning and pre-validation testing. The analyst will demonstrate excellent people skills, given the level of interaction with senior managers, various business units, auditors, and regulators. This is not a check the box control role – a successful analysts will go beyond the technical requirements to understand the spirit of the issue at hand and provide effective challenge to issue owners on the work completed and submitted. Candidates will also demonstrate a good understanding and prior expertise in driving partnership required across the first, second and third lines to complete remediation effectively. This is an exciting opportunity for a highly motivated and experienced analyst to get exposure to a wide range of control issues and their remediation, across multiple finance processes and varying levels of complexity.
Responsibilities:
Complete and support the pre-validation testing for High Severity L1-L2 Issues
Support the effective review and challenge to ensure issue opening (before submission), monitoring and pre-validation, pre-closure reviews occur and are of high quality focusing on:
Root cause assessment
Control design and operating effectiveness
Completion criteria
Dependency evaluation
Sustainability
Risk reduction
Action plan quality
Liaise with issue owners and coordinators to ensure evidence and artifacts are aligned and sufficient to meet IA validation requirements
Establishes and oversees the application of firmwide policies and procedures, control standards, operational risk policies, technology and tools, and governance processes to create lasting solutions for minimizing losses from failed internal processes, inadequate controls, and emerging risks.
Independently assess risks and drive actions to address the root causes that persistently lead to operational risk losses by challenging both historical and proposed practices.
Performs other duties and functions as assigned.
Appropriately assess risk when business decisions are made, demonstrating consideration for the firm's reputation and safeguarding Citigroup, its clients, and assets, by driving compliance with applicable laws, rules, and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing, and reporting control issues with transparency.
Qualifications:
5 - 9 yearsof experience, preferably in Audit and/ or controls testing
5+ years' experience in financial services.
Consistently demonstrates clear and concise written and verbal communication skills
Effective organizational influencing skills required.
Demonstrated ability to lead global team efforts
Excellent problem-solving skills Ability to comprehend the big pictures with high attention to critical details
Demonstrated ability to develop and implement strategy and process improvement initiatives.
Education:
Graduate/Post Graduate with equivalent experience.
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Job Family Group:
Risk Management------------------------------------------------------
Job Family:
Business Risk & Control------------------------------------------------------
Time Type:
Full time------------------------------------------------------
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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.
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