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Markets Post Trade Transaction and Processing Risk Investigations (SVP)

Employer
Citigroup
Location
Sydenham, Belfast, United Kingdom
Salary
Competitive Salary
Closing date
Jan 15, 2022

View more

Job Role
Risk Manager
Sector
Finance
Contract Type
Permanent
Hours
Full Time

The Business Risk Group Manager is accountable for management of complex/critical/large professional disciplinary areas. Leads and directs a team of professionals. Requires a comprehensive understanding of multiple areas within a function and how they interact in order to achieve the objectives of the function. Applies in-depth understanding of the business impact of technical contributions. Strong commercial awareness is a necessity. Generally accountable for delivery of a full range of services to one or more businesses/ geographic regions. Excellent communication skills required in order to negotiate internally, often at a senior level. Some external communication may be necessary. Accountable for the end results of an area. Exercises control over resources, policy formulation and planning. Primarily affects a sub-function. Involved in short- to medium-term planning of actions and resources for own area. Full management responsibility of a team or multiple teams, including management of people, budget and planning, to include performance evaluation, compensation, hiring, disciplinary actions and terminations and budget approval.


Responsibilities:

  • Accountable for management of complex/critical/large professional disciplinary areas.
  • Leads and directs a team of professionals.
  • Requires a comprehensive understanding of multiple areas within a function and how they interact in order to achieve the objectives of the function.
  • Applies in-depth understanding of the business impact of technical contributions. Strong commercial awareness is a necessity.
  • Generally accountable for delivery of a full range of services to one or more businesses/ geographic regions.
  • Ensure that emerging risks identified are socialized with key stakeholders and mitigation strategies are in place.
  • Identify areas of engagement based on level of investment, inherent risk, complexity of change and other risk factors
  • Execute Risk Control coverage strategy, ensure appropriate risk mitigation actions are in place and escalate to senior management as appropriate
  • Provide supervision of Risk Control team's efforts and assist with prioritizing and addressing roadblocks encountered
  • Leverage reporting to identify trends, themes and areas requiring improved controls
  • Drive Manager's Control Assessment monitoring, quarterly approvals and improvements required
  • 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, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.

Qualifications:

  • Previous relevant experience
  • Ability to translate regulatory requirements (new and changes to existing regulations) into actionable projects.
  • Proven ability to enable change and drive product initiatives, bringing urgency and proactivity to issue management.
  • Familiar with data collection, aggregation, and presentation tools
  • Proven Program and Project management capabilities
  • Familiar with data collection, aggregation, and presentation tools
  • Excellent organizational skills, ability to multitask and adapt to change
  • Able to work collaboratively with people at all levels of the organization across multiple geographies
  • Proven ability to investigate, analyze and present root causes
  • Clear and concise written and verbal communication skills
  • Proficient in MS Office applications (Excel, Word, PowerPoint)

Education:

  • Bachelor's/University degree or equivalent experience, potentially Masters degree



Location:

  • This position is also being hired across the following regions: New York, Tampa, Singapore, Hong Kong and Belfast
  • Support the TPR Investigation Group Lead and act as an investigative function for Transaction & Processing Risk related operational risk events for Markets.
  • Lead deep dive lessons learned investigations on material events related to processing risk in Markets.
  • Identify significant post trade processing risk control gaps arising from operational risk events, control functions, 2nd and 3rd line escalations and Key Performance Indicator trends and lead initiatives to remediate. This would include any risks associated with outsourcing to Third Parties (internal and external).
  • Drive a culture of ownership and set "tone from the top" for complying with all applicable regulations, policies and encouraging a culture of continuous process improvement.
  • Ensure read-across Markets on thematic enhancement opportunities
  • Perform Lessons Learned reviews and process deep dives as required and author and present outcomes in line with the firms Lessons Learned Policies.
  • Lead and drive efforts to ensure commitments made to regulators are met.
  • Support other pillars within TPR organization to design approach to emerging risks and trends
  • Utilize Citi's risk management tools for the measurement, monitoring and management of exposure including acting within Risk Appetite.
  • Support the Markets business and provide subject matter expertise at various global and regional committees and working groups as required.
  • Help build out and manage a new established team of subject matter experts across the Markets Business Lines and provide day to day people management

Effective November 1, 2021, Citi requires that all successful applicants for positions located in the United States or Puerto Rico be fully vaccinated against COVID-19 as a condition of employment and provide proof of such vaccination prior to commencement of employment

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Job Family Group:

Risk Management-------------------------------------------------

Job Family:

Business Risk & Controls------------------------------------------------------

Time Type:

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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

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Effective November 1, 2021, Citi requires that all successful applicants for positions located in the United States or Puerto Rico be fully vaccinated against COVID-19 as a condition of employment and provide proof of such vaccination prior to commencement of employment.

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