Analysis and review of financial performance, especially drivers, trends, and the competitive environment, to enhance understanding thereof on the part of management, the Board, regulators and shareholders
Insightful analysis as the foundation for strategic decision-making, resource allocation and performance management
Tools, analytical capability and data to support thoughtful planning and target setting, as well as to drive business initiatives
The means by which the businesses both implement and measure the impact of those decisions and targets, and identify and implement course corrections
J ob Background/context:
EMEA FPandA covers all aspects of the Citi Franchise including: Products, Geographies, Clients, Functions and OandT. It is part of the EMEA Finance team
EMEA CCB is a profitable business making ~$300MM of revenues and ~$100MM of EBT, with key investments expected to drive double digit growth in the coming years.
CCB has a formal presence in 11 countries in EMEA (Bahrain, Czech, Hungary, Jordan, Poland, Romania, Russia, Slovakia, Turkey, UAE, UK), with remote bankers also physically present in Germany, Ireland and Sweden - with ~500 total direct staff covering ~6,000 clients.
CCB is a coverage business offering the full suite of ICG products to its clients.
In addition to the direct business, the role requires a high level of interaction with partners across TTS, Markets, Risk, Operations and other functions - and hence a good understanding of all the products ICG has to offer.
The financial structure of the business in EMEA is as follows: o Commercial ICG reflects the asset business (exposures + revenues + CoC) along with housing all direct expenses and headcount and incoming charge-ins/outs from various support functions. o In addition CCB takes a client view cut of financials of the business CCB's clients generate for TTS, Markets and CMO/MandA.
The role requires close partnership with CCB regional head and management team.
The role will work in close partnership with EMEA ICG FPandA team and Mumbai CSC to meet FPandA deliverables, as well as the Global/other regions CCB Finance partners.
This role is based in London
Based upon the Job Purpose described above, the key responsibilities are:
Performance Measurement: Analyse and explanation of key movements and trends in Business PandL, Balance Sheet, efficiency and return metrics; including linkage with business drivers and client trends
Reporting: comprehensive management information for business, leveraging Performance Management Toolkit and driving enhancements as required.
Assessment of Market and Competitive Environment: including competitive benchmarking, macroeconomic/environment assessment, market share analysis/wallet sizing, and understanding trends in client revenue, volume and deal pipeline
Driving Business-specific aspects of the Integrated Capital Planning process, including coordinating business engagement for CCAR.
Productivity: Work with Business and across Finance to understand and improve efficiency and returns, particularly Operating Efficiency, RoA, and RoTCE. Drive execution of initiatives in partnership with Business.
Drive strategic exercises, working closely with CCB business and EMEA ICG FPandA team, including ad-hoc analysis.
Supporting Senior Management: Co-ordination and preparation of presentation material and talking points for any internal or external meetings
Supporting Senior Management: Being a trusted advisor
Internal Client Meetings: Participation in both ad-hoc and regular meetings requiring presentation of financial information to CCB business.
Engagement: Proactively engage and interface across Business, Finance and other relevant functional areas to leverage information and processes to meet requirements whilst avoiding unnecessary duplication
Develop a detailed understanding of CCB business from both a financial and business perspective
Developing or furthering the skills used to provide the organisation with the ability to; allocate resources, execute plans, analyse and anticipate performance in the context of the market, competitive and regulatory environment
Develop local and remote people management skills, negotiation skills and influencing skills
Significant interaction with other areas of FPandA, Finance (i.e. Controllers, Treasury and Tax) and the Business will enhance network and personal effectiveness
Significant scope for improving FPandA process and practice (as part of Global FPandA transformation efforts)
Breadth of role will provide significant business and personal development opportunities
Interaction with senior business leadership
Excellent working knowledge of the ICG businesses and Citi's Client Analytic framework
Prior experience of working within FP and A or similar function
Working in a Finance role with multiple stakeholders and in an organization with a matrix management structure
Highly articulate in verbal presentations as well as written communications
Demonstrated strength in detailed financial analysis
Strong communication (written, verbal and interpersonal) skills, including tact, diplomacy, and ability to influence senior-level executives
Integrity, maturity, dependability, a positive professional attitude
Excellent organizational and project management skills
Track record of success in delivering high quality work in a fast paced and dynamic environment
Strong financial accounting background with post qualification experience
Familiarity with Financial Services Industry and/or related business products would be desirable but not essential Competencies:
Excellent interpersonal skills necessary to deal with colleagues at all levels across the Firm
Ambitious and hard working
Willing to learn
Be a team player
Positive and pro-active attitude
Ability to manage multiple demands
Exceptional candidates who do not meet these criteria may be considered for the role provided they have the necessary skills and experience. Valuing Diversity: Demonstrates an appreciation of a diverse workforce. Appreciates differences in style or perspective and uses differences to add value to decisions or actions and organisational success.
Citi is an Equal Opportunities Employer.
Internal Number: 5375533
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