Operational Risk Officer

💰 ₹18,000 - ₹28,800 (Est.) 📍 Chennai

Job Description

The Rec & Proofing Intmd Analyst is a developing professional role. Deals with most problems independently and has some latitude to solve complex problems. Integrates in-depth specialty area knowledge with a solid understanding of industry standards and practices. Good understanding of how the team and area integrate with others in accomplishing the objectives of the sub function/ job family. Applies analytical thinking and knowledge of data analysis tools and methodologies. Requires attention to detail when making judgments and recommendations based on the analysis of factual information. Typically deals with variable issues with potentially broader business impact. Applies professional judgment when interpreting data and results. Breaks down information in a systematic and communicable manner. Developed communication and diplomacy skills are required in order to exchange potentially complex/sensitive information. Moderate but direct impact through close contact with the businesses' core activities. Quality and timeliness of service provided will affect the effectiveness of own team and other closely related teams.

Responsibilities:

Daily reconciliation of general ledger balances to the sub-ledger
Preparation of reconciliation package
Identify and clear accounting exceptions and mismatched items
Analyze reoccurring issues and assist in developing process improvements
Monitoring status of aged breaks on balance sheet accounts
Exercise sound judgement regarding the proper application of accounting principles to reconciliations
Effectively communicate with team members, management and business partners
Respond to Balance Sheet Substantiation team requests for information
Ensure financial reporting deadlines are met
Participate in and/or lead projects as assigned.
Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.
Qualifications:

2-5 years relevant experience in accounting (experience in the financial services sector a plus)
Knowledge of US Generally Accepted Accounting Principles and other comprehensive basis of accounting
Excellent quantitative, analytical, and problem solving skills
CPA or commensurate local accreditation
Education:

Bachelor’s/University degree or equivalent experience
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Job Family Group:

Operations - Transaction Services
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Job Family:

Reconciliation and Proofing
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Time Type:

Full time
-

Citi is an equal opportunity and affirmative action employer.

Qualified applicants will receive consideration without regard to their race, color, religion, sex, ****** orientation, gender identity, national origin, disability, or status as a protected veteran.

Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.

View the "EEO is the Law" poster. View the EEO is the Law Supplement.

View the EEO Policy Statement.

View the Pay Transparency Posting

💡 Quick Summary

Seeking a career-building opportunity? The Operational Risk Officer position is now open for candidates interested in the Bank Jobs sector. This role in Chennai offers a professional environment and growth potential.

Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.

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Job Details

Company Name: Citi

Frequently Asked Questions

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The expected salary for Operational Risk Officer in Chennai is ₹18,000 - ₹28,800 (Est.) per month. Actual compensation may vary based on experience and negotiation.
No, Operational Risk Officer is an on-site position based in Chennai. Candidates must be able to commute or relocate to this location.
Basic communication skills, a proactive attitude, and the ability to work in a team are required for Operational Risk Officer. Previous experience in Bank Jobs is a plus. Freshers may also apply depending on the employer's requirements.
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