Citi Group has invited applications for the position of Audit Manager.
Job Description
- This role directs the timely delivery of high quality, value-added assurance and audit reports for a portfolio of business activities, which meet the requirements of the Boards of Citigroup and Citibank, their affiliates, and of Citi’s respective regulators, globally.
- The Asia franchise spans 16 present countries. Finance plays an important role in supporting various Citi businesses and in ensuring compliance with the US and respective local statutory and regulatory reporting requirements.
- This position is based in Mumbai and will have primary responsibility for executing Finance audits across the Asia Pacific region and global Finance audits; validating the resolution of audit and regulatory issues, and monitoring financial control activities. This position provides an excellent opportunity to explore Citi’s global businesses and work in a multi-cultural team.
Key Responsibilities
- Develops and executes a robust Audit Plan for assigned businesses in accordance with Internal Audit standards, relevant government statutes and regulations, and Citigroup and Citibank policies.
- Delivers on-time high-quality audit reports, Internal Audit and Regulatory issue validation, business monitoring, and governance committee reporting.
- Manages audit activities for a component of a product line, function, or legal entity at the regional or country-level including a portion of the audit annual plan.
- Applies an in-depth level of expertise in one or more of the businesses and leverages this knowledge into a leadership role in one or more teams.
- Proactively advances integrated auditing concepts and the use of technology.
- Manages a complex and critical unit within Internal Audit, including a small to medium-sized team of Internal Audit professionals. Recruits staff, develops talent, builds effective teams, and manages a budget. Possesses a broad and comprehensive understanding of different Internal Audit standards, policies, and local regulations; applies a broad and comprehensive knowledge of high-risk areas related to Finance, technology management, project/program management, regulatory compliance, or supplier management.
- Leads the professional development of Internal Audit staff.
- Develops effective senior line management relationships and has a strong understanding of the businesses.
- Applies an in-depth understanding of the inter-relationships of business and support units throughout the corporation and how they impact the overall control environment and the audit approach.
- Uses excellent communication skills in order to influence a wide range of internal audiences including respective product, function, or regional executive management partners. May negotiate internally often at higher levels on matters which will have a major impact on the area managed.
- Demonstrates strong judgment, political astuteness, and sensitivity to cultural diversity.
- Possesses strong project management and interpersonal skills, makes sound decisions, exhibiting initiative, and intuitive thinking. Consulted often by others for advice and opinions and recognized as a leadership role model.
- Participates in major business initiatives and pro-actively advises and assists the business in change initiatives.
- Frequently involved in matters that require complex judgments and solutions based on sophisticated analytical thought such as identifying solutions for a variety of complex and novel audit control issues. Analyze reporting findings, recommends appropriate interventions where needed. Proposes creative and pragmatic solutions for risk and control problems. Partners with Directors and Managing Directors to develop approaches for addressing broader corporate emerging issues.
- Serves as lead reviewer for all types of reviews.
- Reviews and approves Business Monitoring Quarterly Summaries.
- Person Specification
Qualifications and Competencies
- BA/BS or equivalent. Related certifications (CPA, ACA, CFA, CIA, CISA, or similar) are a plus.
- Senior-level experience in a related role with experience in business, functional and people management, with proven abilities in taking responsibility for executing concurrently on a portfolio of high-quality deliverables to stakeholders according to strict timetables.
- Strong knowledge of Finance, including US GAAP, IFRS, FRB/OCC and local regulatory reporting requirements, income tax, withholding tax, and transfer pricing. Knowledge of the operations of Finance related shared service centers will be an advantage. A solid business understanding of financial services products, especially those associated with the Banking and Capital Markets businesses.
- Demonstrates experience in managing teams and managing integrated internal audit and assurance delivery within a matrix reporting environment.
- Effective negotiation skills, a proactive and ‘no surprises’ approach in communicating issues, and strength in sustaining independent views. This individual must be an articulate and effective communicator, both orally and in writing, with an energetic, charismatic, and approachable style.
- Strong interpersonal skills for interfacing with all levels of internal and external audit and management.
Employee Status: Regular
Time Type :Full time
Location: Mumbai, India
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