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Job Description

The Business Associate is an intermediate level position responsible for the overall administrative activities of a business. These tasks may include contribution to external audits, business continuity activities or addressing regulatory issues. The Business Associate may assist in activities such as the tracking of business financials or coordination of other administrative needs. May work on ad hoc projects as requested.


Core Responsibilities:


  • To deliver on process improvement and re-engineering activities related to consent order.
  • Prepare and maintain the budget and expense monitoring framework.
  • Prepare and maintain risk, control and governance framework.
  • Provide management and General administration support to the Risk Strategy and Execution leader

Day-to-Day Responsibilities:


  • Managing P2P, MRM and other relevant systems for invoice payment and remittance.
  • Collecting and inputting Credit Bureau (and other related 3rd Party vendors) expense information and building expense forecast model.
  • Manage the bureau expenses in alignment with FCRA rules, regulations, and applicable laws.
  • Participate in simplification efforts related to Credit Bureau management to include Furnishing, disputes and consumption.
  • BAO for certain bureau engagements.
  • Gathering and compiling agreements metrics and tracking financial commitments to ensure timely and accurate billing.
  • Analyzing actuals data across service providers to drive forecasts.
  • Preparing reports and forecasts based on contract terms and / or actual expenses.
  • Tracking the budget and actuals to monitor variances under the FP&A function.
  • Tracking and monitoring costs related to various products and vendors and conducting cost analysis.
  • Maintaining tight control and monitoring of the expense management process and related documentation.
  • Working directly with third parties, Finance and Accounting teams to gather and prepare monthly accrual details per the financial cycle.
  • Researching and tracking down invoice discrepancies or delinquencies.
  • Preparing and publishing financial outlook per organizational goals.
  • Maintaining confidentiality of all pertinent information.
  • Planning and Due Diligence TP-RAPs (Third Party Risk Assessment Process).
  • Responding to the ‘triggers’ for TP-RAP (HR Policies, Laws & Regs, Cross Border Data Transfer, etc.) by working with the third parties to gather and assess completeness of the responses.

Key Deliverables:


  • Monthly processing of invoices related to Risk Utility investments.
  • Producing the monthly accruals
  • Preparing Outlook reports per financial cycles
  • Solid expense tracking and forecasting process for Risk Utility investments.
  • Ad-hoc reporting as required to evaluate and benchmark the business.
  • Special analysis as needed for use by managers.

Qualifications Required:


  • Education: Bachelor’s degree in Business, Finance or any quantitative sciences
  • Experience: 8+ years of relevant experience
  • Certifications: NA

Preferred


  • Education: MBA from a premier institute is preferred

Skills:


  • Strong analytical skills
  • Highly proficient in MS Office Suite
  • Good working knowledge of Excel/pivot tables and PowerPoint
  • Good organizational skills
  • Act as an internal consultant

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Job Family Group:


Business Strategy, Management & Administration

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Job Family:


Business Administration

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Time Type:


Full time

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Citi is an equal opportunity and affirmative action employer.


Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual 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


Job Details

Job Location
India
Company Industry
Other Business Support Services
Company Type
Unspecified
Employment Type
Unspecified
Monthly Salary Range
Unspecified
Number of Vacancies
Unspecified

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