Regulatory Reporting - Quality Management Senior Analyst
Citi
Tampa, Florida
Full-Time
$79,120
OfficeManager
Job Summary:
We are seeking a highly skilled and experienced professional to be part of the Quality Management Team in Wealth Operations, specifically focusing on Non-Financial Regulatory Reporting. This role involves executing and managing the Quality Management framework for Non-Financial Regulatory Reporting activities across multiple jurisdictions, ensuring compliance with diverse and complex regulations. This role will contribute to managing the integrity and accuracy of information across a broad range of wealth management products and client portfolios. The ideal candidate will possess a solid understanding of global Non-Financial Regulatory Reporting requirements, a keen understanding of the intricacies of wealth management, and the ability to operate effectively within a robust QA framework.
Key Responsibilities:
Quality Management Execution:
Design and/or perform sample testing to ensure accurate preparation and timely regulatory reports in compliance with relevant guidelines and authorities.
Perform comprehensive data reconciliation and validation to ensure the integrity of regulatory data.
Contribute to the oversight of Quality Management for regulatory reporting activities, ensuring adherence to submission deadlines and accuracy standards.
Regulatory Compliance:
Actively participate in the analysis and implementation of minor regulatory changes.
Support the interpretation, assessment, and implementation of complex new or revised regulatory requirements, providing input and escalating appropriately.
Support in managing responses to queries from Financial Authorities and internal control assessments (e.g., MCA framework) specifically related to regulatory reporting.
Identify potential discrepancies or issues in regulatory reporting and escalate them appropriately.
Contribute to the development, maintenance, and enhancement of the risk and control framework for regulatory reporting processes.
Stakeholder Collaboration & Communication:
Work with compliance, risk, legal, operations, technology, product owners, report owners, Enterprise data & regulatory reporting, and banking teams to address QA issues, develop remediation plans, and drive continuous improvement initiatives specific to Wealth Management.
Team Contribution & Support:
Support internal and external audit engagements, coordinating documentation and explanations.
Communicate with regulators as required, co-ordinate back reporting/replays if necessary.
Risk Assessment:
Conduct regular risk, self-assessments to identify gaps in existing QA processes, with a focus on mitigating compliance risks associated with diverse client portfolios and complex investment products.
Reporting & Analytics:
Monitor robust data quality metrics and controls to ensure data integrity for regulatory reporting, covering client data to complex product transactions, and support in developing comprehensive reports for senior management on QA program status, key findings, and recommendations for improvement, highlighting areas of risk and strategic focus.
Required Skills & Expertise:
Professional Experience:
5 to 8 years of relevant experience in Quality Management preferably in Non-Financial Regulatory Reporting within the financial services industry
Experience within Wealth Management and/or Middle office function supporting trade operations or trade reporting is preferred.
Understanding of key regulatory frameworks and requirements (e.g., TRACE, SEC Rule 606, MSRB, CAT, CFTC and SEC Swap Reporting, Volker, local banking regulations). The ability to interpret and apply regulatory requirements to Wealth Management products and services is preferred.
Experience in managing documentation for regulatory submissions and audit trails.
Technical Skills:
Proficiency in data analysis, manipulation, and reporting tools (e.g., advanced Excel, SQL, regulatory reporting platforms).
Proficiency in data analytics and QA tools; experience with automated QA testing frameworks is a plus.
Proficiency in reconciliation, advanced Excel functions, and automation tools.
Core Competencies:
Demonstrated ability to manage internal and external audits.
Strong understanding and experience with risk and control frameworks.
Strong analytical and problem-solving skills, with the ability to manage complex data sets, identify trends, and address issues within the context of wealth management client portfolios.
Excellent communication and interpersonal skills, with the ability to influence and collaborate with stakeholders at all levels.
Strong attention to detail and analytical skills.
Ability to work independently and collaboratively in a fast-paced environment.
Ability to navigate a fast-paced, complex environment with multiple competing priorities.
Educational Background:
Bachelor’s degree in Business, Economics, Finance or a related field, or equivalent experience is required
Master's degree and Advanced certifications (e.g., CFA, CPA, FRM) are desirable.
Why Join Us?
Global Impact: Play a key role in ensuring compliance and operational excellence across global wealth management markets, safeguarding the integrity of our client experience, relationships, and services.
Career Growth: Opportunity to contribute to and help shape a critical function within the organization, with ample opportunities for career development and exposure to diverse markets and products.
Collaborative Environment: Work with top-tier professionals from diverse backgrounds and regions, in a culture that values teamwork, innovation, and continuous improvement.
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In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.
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