Financial Risk Assessment Lead Analyst – C13 – CHENNAI

Job title: Financial Risk Assessment Lead Analyst – C13 – CHENNAI

Company: Citigroup


Job description: Job Background/Context:A key priority for the Financial Risk Assessment Team is to help strengthen Citi’s Third Party Management (TPM) framework and program. Integral to this framework is strengthening the established Citi’s Financial Risk Assessment Program to improve the quality and depth of the financial risk analysis performed on external Third Parties identified by TP-Risk Assessment Process (TP-RAP) and the Inherent Risk Questionnaire (IRQ).Job Purpose:Financial Risk Assessment Lead Analyst will perform financial risk assessments on Third Parties (TPs) identified as applicable by the TP Risk Assessment Process (TP-RAP) and the Inherent Risk Questionnaire (IRQ). Further, this role will be engaged in the pre-contract and ongoing monitoring third party financial risk assessments process in scope of the Third Party Management (TPM) policy and provide Objections and No objections as well as provide stakeholder guidance on Third Parties with a Marginal and Poor Financial Capacity to Perform Ratings.Reporting to the Manager of Financial Risk Assessments, this position will liaise with, Sourcing, Third Party Credit Risk, Third Party Management teams, Business Activity Owners and Third Parties.Key Responsibilities:

• Perform financial analysis on Third Parties and escalate concerns and provide guidance to stakeholders
• Provide Go-No-go decisions on relationships that are in scope of FRA
• Review and approve Adverse Results related to FRA population
• Engage in initiatives to further improve the Financial Risk Assessment Program
• Identify process enhancements based on changing regulatory or client requirements
• Partner with the TP-RAP, IRQ, Third Party Credit Risk, Third Party Commercial Risk, Third Party Management, Sectors and Business to ensure adherence and compliance to the TPM Policy and other related policies
• Act as subject matter expert and provide input into global policy, standards, procedures, and internal processes for Third Party Financial Risk Assessment
• Support internal and external reviews by the OCC, Compliance and Internal audit as required
• Identify and implement continuous process improvement initiatives, including defining business requirements, reviewing specifications, and providing user acceptance testing support
• Ensure operating procedure documents are current and appropriate controls are established and documented
• Keep abreast of business-specific policies and standards involving Third Party financial due diligence
• Support TP Management (TPM) governance committees as required
• Other related supplier risk governance duties as required

Knowledge/Experience:

• 7+ years of relevant experience in financial analysis / credit Required
• Experience with credit risk – Preferred
• Experience in financial analysis modeling – Preferred

Skills:

• Strong understanding of financial statements, ability to perform and review financial analysis, and identify areas of concern – Required
• Excellent analytical skills and the ability to present information in a succinct format to management
• Strong attention to details and accuracy with a keen eye for process management and documentation
• Proactive problem-solving and decision-making, with the ability to exercise sound, timely and independent judgment
• Excellent organizational and interpersonal skills
• Ability to quickly grasp and master new requirements and related knowledge
• Ability to monitor tight deadlines or unexpected requirement changes, capacity to perform well under pressure
• Cross-cultural, cross-functional, and ability to collaborate across geographic locations
• Proficient in MS Office applications

Qualifications:

• CA/CMA/MBA Finance – Required
• Credit Officer or Equivalent – Preferred
• Demonstrated success in contributing within a team environment
• Fluent in English, both oral and written, with the ability to articulate complex and sensitive issues to management
• Results/task orientated with excellent attention to detail
• Ability to manage and prioritize effectively and resolve conflicting priorities
• Ability to work well as part of a team and autonomously

Competencies:

• Demonstrates optimism and agility in adjusting to new and emerging opportunities and challenges
• Conveys a sense of urgency, with the ability to thrive in a fast-paced, high-energy work environment, with proven ability to meet tight deadlines
• Drives issues to closure, persists despite obstacles and opposition
• Well organized when working under pressure
• Ability to work and thrive in a flexible matrix organization with focus on networking
• Creates a positive team environment in which people of diverse backgrounds feel valued, respected and appreciated

Job Family Group: Risk ManagementJob Family: Operational RiskTime Type: Full timeCiti is an equal opportunity and affirmative action employer.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.Citigroup Inc. and its subsidiaries (“Citi”) invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review .View the ” ” poster. View the .View the .View the

Expected salary:

Location: Chennai, Tamil Nadu

Job date: Sun, 02 Feb 2025 01:14:16 GMT

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