
Citibank India in assistance with the Citi Right Placement Office has established a new company in India to house existing Shared Services functions; Knowledge based Analytics functions serving Citi globally and units/ individuals providing oversight over Operations and Technology suppliers in India. The new company is called Citicorp Services India Limited (CSIL). CSIL is a public limited company under Indian regulation and a 100% owned subsidiary of Citibank Overseas Investment Corporation (COIC). The above activities are currently housed in different companies and it is more appropriate to have these processed in an outsourcing BPO/ KPO type of entity. Further, the current model also creates certain challenges in managing them with full administration and middle office support. It also restricts the flexibility of diversification. In light of these, it is felt that we should realign these activities to ensure efficiencies and correct placement as well as appropriate admin support. This company will enable greater efficiencies and will simplify our corporate structure in South Asia. CSIL will report into South Asia Management for country matrix & governance perspective.
Treasury Risk Analyst 2-12052190Financial Reporting Organization (FRO) is seeking an individual whose primary responsibility would beLiquidity Risk Reporting and maintain IT infrastructure for Liquidity Risk Reporting groupThe position will work closely with Risk Reporting/Risk Management, Finance/Product Control, as well as members of Treasury to report on, monitor, and forecast the company's liquidity position.The candidate will develop an understanding of the business dynamics and funding strategies that result in liquidity risk as well as the related policies and measures of liquidity risk under business as usual and Responsible for reporting on and analyzing·o Current liquidity/interest rate risk position through the production of the daily Gap Analysis Reporto Calculation of liquidity ratios to allow management to monitor changes in structural liquidity· Supplying information for the production of stress scenarios to quantify the likely impact of · certain · events on the balance sheet and to report on what incremental funding may be requiredo Also responsible for producing cash flow and various other ad-hoc regulatory reporting. Assist members of Risk Reporting/Risk Management, Finance, and Treasury to establish reporting requirements and develop the tools, analysis and reporting necessary to proactively identify and managerisk with respect to portfolios and products, and continuously update the reporting process to reflect the Aid and assist senior member of the various disciplines to identify ways to streamline and automateprocess flows in order to create more accurate and timely results, as well as improving efficiency· Maintaining IT infrastructure for Liquidity Risk Reporting group ( Excel Macros, VB, MS Access)· The ideal candidate will have Masters and 0-2 years of work experience in finance or accounting or related control discipline (e.g. Risk Management,).· Must possess strong knowledge of balance sheet composition.· Must possess knowledge of system workflows, front-end and management reporting application systems. Proficiency in understanding and coding for VBA / Macros is a huge plus· Treasury experience including asset and liability management is a plus.· Highly proficient in MS-Excel and MS-Access· Attention to detail and accuracy are essential.·
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