Investment Banking Jobs In Germany | Citi Bank Careers
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Citi Bank announced on its official Linkedin page a vacancy
Finance Reporting Senior Analyst, VP (Hybrid)
Banks in Germany
- Banks in Germany are renowned for their efficiency and reliability, offering a wide range of services to individuals and businesses alike.
- With over 1,500 banks operating nationwide, customers have access to an extensive network of branches as well as online banking capabilities.
- German banks offer competitive interest rates on savings accounts and loans while providing a secure environment for financial transactions.
- Additionally, the country's regulatory framework ensures that deposits up to €100 000 are protected by the government-backed deposit guarantee scheme which provides further assurance when it comes to investing funds or taking out loans from German banks.
Banker salary in Germany
- The average salary of a banker in Germany is quite competitive, with an annual mean salary ranging from €50,000 to €80,000.
- This figure can vary depending on the size and type of bank and the individual's experience level.
- Bankers in Germany also enjoy other benefits such as bonuses for performance or promotions within their departments as well as access to health insurance plans and pension schemes.
- As banking continues to be one of the most sought-after professions in Germany due its high salaries and potential for career growth, it is no surprise that many individuals are attracted by this line of work.
Job Porpuse
- Support the local regulatory reporting for the Broker dealer entity in Germany.
- Ensuring timely and accurate local regulatory reporting (COREP; FINREP, Statistical Reports) for Germany entities.
- Daily coordination with the service center in Budapest supporting local German regulatory group.
- Coordination of projects and change-initiatives for the local German regulatory reporting group.
- Ensure overall efficient and targeted reporting, identify process improvements & drive re-engineering initiatives.
Job Responsibilities
- Manage the delivery of all reporting requirements in a timely and accurate reporting for German Broker Dealer Entitie (COREP; FINREP, etc).
- Drive change process by ensuring further technical improvements and high-quality deliveries from the Solution centers.
- Contact for questions arising from regulators around regulatory reporting (ECB, Bundesbank & BaFin) related to the Bank Chain Entities.
- Work with external and internal auditors for all regulatory related queries.
- Interact with International teams on regulatory reporting to ensure knowledge transfer in all directions Business owner for local regulatory systems (ABACUS DaVinci/360).
Knowledge, Skills And Experience
- Bachelors’ degree from Finance.
- Chartered Accountant or equivalent financial background.
- MBA or Professional Degree an advantage.
- Strong ability to negotiate and influence.
- Ability to develop innovative, yet pragmatic solutions and approaches that "fit" the environment.
- Information gathering, organization & analytics.
- Analytical thinking.
- Team player and very good interactive communication skills.
- Strong interpersonal and management skills are essential.
- A pro-active decision maker who has the ability to champion Finance initiatives to successful conclusion.
- In depth technical knowledge of German regulatory reporting requirements as well as applicable regulation i.e. CRR, CRR2 and Basel Accords.
- Experience in dealing with regulators i.e. BaFin, Bundesbank, ECB, SRB as well as external auditors.
- In depth knowledge of Recovery & Resolution requirements or capital planning processes.
- Good communication and presentation skills.
- Very good analytical and technical skills.
- Fluent in German and English in both speech and writing.
- Practical experience with Finance processes.
- Understanding of US and local accounting principles.
- Multinational experience would be an advantage.
- Able to influence and support senior management decision making.
- Work within a dynamic environment being able to anticipate and respond to new events.
- Strong time management and prioritization skills, able to coordinate and manage across multiple deliverables.