Finance Acctg Lead Analyst Role : The Inter-affiliate Relationship Manager (IARMs) is a dedicated role as part of Citi’s Third Party Management (TPMO) program.
The IARMS Officer will dedicate the majority of their time focused on ensuring effective risk management practices are in place for intra-
Citi third party relationships, drive the execution of Intra-Citi Services Agreements (ICSAs) and provide ongoing support related to Citi’s Inter-
affiliate Third Party Management program. The IARMs role requires in depth business product knowledge and expertise. The IARMs team works in concert with Service providers and recipients across all internal functions, to identify, manage and mitigate risk.
The IARMs team is part of Citi’s Finance and Risk Shared Services organization and is supported by the Inter-Affiliate Global Process Owner (IA GPO) and the TPMO.
Responsibilities : The Inter-affiliate Relationship Manager is responsible to :
Promote regional awareness on new IC processes TPMO policies;
Enforce Regional consistency on IC Documentation & observe Country In / Outsourcing Regulatory requirements to ensure compliance.
Gain thorough knowledge and understanding of Citi’s Internal TPM requirements
Represent business leadership to coordinate and facilitate TPM activities.
Provide support to service providers and service recipients during the life cycle of the ICSA.
Provide support to Legal, Tax and Regulatory teams related to the ICSA
Verify third party’s compliance to required policies and controls
Interact with third parties on escalations of non-performance and contractual issues to drive resolution when appropriate
Verify that ICSAs are properly executed and maintained in Citi’s Contract Management System (eSourcing), working with the Enterprise Supply Chain (ESC) organization as required
Facilitate remediation of issues or gaps identified as part of ongoing monitoring
Provide thought leadership to drive optimization and efficiencies
As appropriate, interact with larger FRSS community and Inter-Affiliate GPO team
Draft and present succinct executive briefs; prepare and present high-level metrics to applicable Citi senior management and stakeholders when needed
Serve as point of contact to ensure that third party’s remediation of audit or exam issues is sufficient, and escalate as necessary
Partner with service providers, Compliance, Risk and Finance teams to maintain Citi’s catalog of internal services
Complete risk assessments for all new services and re-assess existing services annually
Other subject matter related duties as assigned
Preferred Candidate has 8+ years of relevant experience in financial risk management and / or regulatory compliance.
Strong analytical skills
Broad knowledge of global transfer pricing regulations including Regulations 23 A / B and W
Understanding of transfer pricing in a financial services company is a plus
Master degree. Advanced degree a plus
Demonstrates in-depth business / product knowledge and services outsourcing
Excellent communication skills in English, both oral and written, with the ability to articulate complex and sensitive issues to management.
Local language requirements as applicable.
Experience in contract execution and management.
Demonstrates understanding of operational capabilities of suppliers across applicable business types
Strong leadership skills and executive savvy; ability to influence at all levels and influence desired outcomes
Ability to organize and prioritize multiple deliverables while working with minimal supervision in a large, global corporate environment