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Markets Post Trade Transaction & Processing Risk Operations & Middle Office (SVP)

Location: London
Company: Citi
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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:
- Significant experience in Risk and people management
- Excellent communication skills required in order to negotiate internally, often at a senior level. Some external communication may be necessary.
- 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.
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 Operations and Middle Office Lead and act as a point of contact for all post trade Transaction & Processing Risk related matters arising within Operations and Middle Office processes in Markets.
- 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.
- Partner with Operations and Middle Office groups to assess controls and lead initiatives to enhance them where necessary.
- Provide solutions to minimize Manual Touch Points arising from Markets business activity.
- Oversight and leadership of various components of relevant Consent Order workstreams for Markets.
- Lead and drive efforts to ensure commitments made to regulators are met and act as the first point of contact on regulatory matters related to processing risk.
- Participate in risk and governance meetings relevant to post-trade processing risk ensuring front to back connectivity across all asset classes.
- Support Product development teams and Compliance to assess Transaction & Processing Risk for new and enhanced products and services.
- Utilize Citi's risk management tools for the measurement, monitoring and management of exposure including acting within Risk Appetite.
- Analyze control environment, vet new systems, processes, policies and procedures associated with Transaction & Processing Risk and drive Markets to be best in class.
- Support the Markets business and provide subject matter expertise at various global and regional committees and working groups
- 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

Job Family Group:
Risk Management

Job Family:
Business Risk & Controls

Time Type:

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 (https://www.citigroup.com/citi/accessibility/application-accessibility.htm) .
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View the Pay Transparency Posting (https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp\%20English\formattedESQA508c.pdf)
Citi is an equal opportunity and affirmative action employer.
Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.
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