Job Purpose:

Manager within the CMO/CPM and M&A Product Control team, responsible for oversight of EMEA CMO CPM and M&A P&L and Balance Sheet reporting. Involves managing the teams responsible for P&L and B/S reporting, driving improvements to the control infrastructure, meeting external reporting requirements specific to the business, as well as providing add-value and forward thinking P&L and Balance Sheet review. The manager will work closely with all other areas within the Product Control department, liaising with the Trading desk, Business Management, Risk Management and other areas within Finance.

Job Background/context:

BCMA

• Capital Markets Origination focuses on helping clients to raise finance (funds) in the international capital markets through investment grade loans, investment grade bonds, leveraged loans, high yield bonds, IPOs (Initial Public Offerings), equity, convertibles and structured products, such as securitisation. CMO comprises three primary businesses; Equity Capital Markets (ECM); Debt Capital Markets (DCM), and Issuer Services.

Corporate and investment Banking (CIB): client relationship management across the globe spanning all ICG products with strong focus on strategic and financial advisory services (including mergers and acquisitions, divestitures and financial restructuring):

• Corporate Lending: Corporate lending and portfolio management, primarily supporting corporate & investment banking clients.

Product Control is primarily responsible for producing the daily revenue and balance sheet reporting for the desk, as well as numerous regular financial reports and analysis.

Key Responsibilities:

• Manage the 2 local teams of 5+ each (including 1st line managers – team leaders); Ensure proper on-boarding, training and retaining the team members
• Review / Escalation / Action: Implement procedures to ensure ongoing performance and supervisory review of tasks and controls by the covered teams. Escalate to Central Hub and Local Hub management as appropriate. Provide suggested solutions to identified problems/issues and see through implementation.
• Manage the on-going communication with the Senior Managers in London, other relevant stakeholders; Ensure consistent EMEA Controllers message is delivered
• Manage BCMA P&L and balance sheet control framework. Will include on-going communication with the Heads of the Trading Desk, Business, and explanation of P&L movements to management, profit attribution analysis, responsibility of position reconciliation’s, Balance Sheet analysis and control.
• Validation of Financials: Review the results and commentaries provided by the teams and work together with the business to understand the market and strategic reasons behind the financial results. Partner with the businesses to ensure that Product Control and senior Finance management are aware of business developments.
• Drive improvements to the control infrastructure (reducing number of adjustments through IMR/drive data quality issues) and adherence to the Manager Control Assessment policies and procedures
• Identify continuous opportunities for Finance synergies and drive the changes to increase efficiency and productivity
• Work with EMEA Product Control Management team to assist in relevant audits and examinations, as well as ensuring that the tracking of corrective actions for internal and external audits are diligently performed
• Ad-hoc projects that arise relating to further streamlining (or retirement) of existing systems or assisting in the implement in the introduction of new systems.

Knowledge/Experience:

• Good understanding of the Capital Markets product offering and associated accounting would be an advantage.
• Min 2 year’s experience in a supervisory/management role, within Product Control capacity, or in a relevant role that is product and accounting focussed e.g. Risk Management, Price Verification, Audit.
• Evidence of strong control focus.
• Ability to interpret financial information.
• Ability to negotiate and strong people skills.
• Ability to put knowledge of financial principles into P&L and Profit Attribution analysis.
• Able to perform effectively within a time pressurised environment.

Skills:

• Strong Control mind-set.
• Reengineering, project and process changes skills would be very desirable.
• Demonstrated ability to build and manage high performing teams

Qualifications:

• MA degree or equivalent desirable
• Min 2 year experience in people management (experience in 2nd line management will be an advantage)
• Fluency in English in writing and speaking

Competencies:

• Candidate will be expected to demonstrate strong leadership abilities and decision making skills
• A high calibre individual with strong communication skills, both written and oral. Attention to detail and the ability to meet reporting and project deadlines.
• Leadership ability to build a top class Finance team and develop them significantly. Ability to lead and motivate the overall Finance team.
• Excellent teamwork and project management skills
• Build trusted advisor relationship with senior management.
• Awareness of Citi people processes and policies
• Ability to perform effectively within a time pressurized environment.

Exceptional candidates who do not meet these criteria may be considered for the role provided they have the necessary skills and experience.

Development Value:

• Managing a Product Control team of 10+ including 2 sub-teams with 1st line managers.
• Significant challenge in terms of variety of products, processes and controls
• People management – recruitment, onboarding, training and retention
• Involvement in any actions developing the local Product Control team within the CSC Poland framework
• Participating in senior management committees and in decision making processes to manage CSC
• Helping deliver the One Product Control team vision and the success of the broader EMEA Controllers operating model

We offer:

• Work in a challenging area of the financial industry with one of the world's leading companies with exposure to variety of products, processes and controls
• Cooperation with a high quality, international, multicultural and global team
• Work in a friendly and diversified environment, appreciating differences in style and perspective and using them to add value to decisions leading to organisational success
• Management supporting balanced and agile work (flexible working hours, home office)
• Attractive benefits package (BenefitSystem, medical care, pension plan etc.)
• A chance to make a difference with various affinity networks and charity initiatives