Business Risk and Control – Senior Group Manager – Director (hybrid)

Job title:

Business Risk and Control – Senior Group Manager – Director (hybrid)

Company

Citigroup

Job description

Markets Operations represents the evolution and transformation of Operations in the Finance Industry which creates a uniqueness about how we deliver our products and solutions. We take pride and are passionate about our People and our culture. We are invested in you, your experiences, development, and in building a successful career for you at Citibank. We are modernizing everything we do; allowing flexibility and creating an exciting environment which encourages diversity of thought and inclusion.We are a dynamic, global, and diverse Organization, with a presence in over 60 Countries; covering all post execution Operations teams including product aligned Middle Office groups, Settlements, Margin, Asset Servicing, Listed Derivative, Clearing & Commodities Operations. We support an extensive range of Capital Markets products and services including Fixed Income (FX, Rates, Credit, Cash and Derivatives) where Citi is consistently a dominant top 3 player in the market, Equity (Cash, Derivatives, Prime Brokerage, Futures, Listed Derivatives, Clearing and Foreign Exchange Prime Brokerage) where Citi has a significant growth program to continue to build out its capabilities and services; and Syndicates where we support both FI and EQ new issues and IPOs.Our Operations groups are the core of all activity at the Firm and have significant impact across the lifecycle of a trade. We partner extensively with a range of internal stakeholders such as Front Office Sales and Trading Desks, Compliance, Legal, Finance and HR; alongside having significant interaction with our external client base, playing a key role in the overall client experience. We have a client relationship group dedicated to overseeing service performance and strategic partnerships with top tier clients, where we play a key role in supporting global clients to ensure they have a first-class experience when doing business with Citi.Our roles entail ensuring we operate in a robust control environment, whilst in a fast-paced workplace. We comply with global regulations and internal policies and adopt a proactive approach to identifying opportunities to reduce risk through the continuous evaluation of our controls; to protect our clients, the firm, and our reputation.We work closely with our external global peers, partners, and regulators, and play an integral part in leading an agenda at the forefront to optimize and streamline processes and drive strategy across our industry.Team/ Role Overview:This is a senior management role within Markets Ops COO organization. Markets Ops COO comprises of Program Execution, Regulatory and Control Management, and Business Execution.This role sits within the Controls and Reg Management organisation, where the candidate will lead the Governance function, responsible for ensuring we have appropriate controls, governance and frameworks in place to maintain policy adherence and oversight. The role will combine specialist expertise in risk and controls management, to drive and implement the strategy across Global businesses and regions.The team’s remit includes:Policy Governance and oversight, including Target Operating Model and Framework for Procedures repository.New Activities approval facilitation and oversightHigh-Risk Manual Processes Remediation GovernancePermitted Product List GovernanceDelegated Trade Booking Administration and GovernanceFraud Risk and Conflicts of Interest GovernanceOn-Going Supervisory facilitation, administration, and Reporting for Senior Forums and RegulatorsWhat you will do:The candidate will be responsible for leading a global team of controls and oversight specialists who will work with first- and second-line owners across businesses and regions to review, define and oversee the end-to-end governance frameworks and administration for the business.Specifics of the role include:Organizational Oversight:Overseeing and leading daily core team, maintaining a culture and environment where processes, risks and controls are continually monitored, and potential risks escalated on a timely basis as well as acting as a senior point of escalationDeveloping and administering effective governance frameworks that fully meets Audit, Compliance and Regulatory requirements;Delivery of periodic presentations to Senior Forums as requiredIdentify opportunities to streamline and re-align processes to ensure an optimal organizational structure for best-in-class risk management of governance functionsParticipate in senior regulatory governance forums as requiredHelp drive comprehensive KPIs/Metrics for senior executive consumptionAnalyse metrics for trends and lessons learnedPartner with stakeholders across the business to understand and update governance, frameworks, controls, challenges and potential solutions and present opportunities to senior ManagementTransformation to Target State:Lead a team to review our processes, governance and suite of controls and suggest change to uplift the risk profile throughout the Organisation.Drive standardization of processes, governance and frameworks across regions and suggest opportunities for harmonisation across teamsImplement plans and execute vs milestones ensuring we meet deadlines and regulatory commitmentsEnsure our infrastructure and tools meet the needs in order to manage risk.Develop and suggest operating model changes in order to pivot the Operations organization towards digitization and a robust control environmentPartner with Business, 1st and 2nd lines of defence to review governance frameworks and conduct a gap analysis relative to current stateLiaise with the SMEs to agree on required remediation and monitor completion of actionsPerform a read across to ensure enhancements are implemented across all applicable teams/regionsPeople Agenda:Implement a successful People and Engagement strategy to help attract, develop, retain and recognize a diverse and talented workforcePromote a culture of continuous improvement and cultivating a robust service and control environmentEngage with and lead our People. Develop effective and diverse teams across a global footprintCoach and mentor our People. Ensure effective one to one discussions. Provide direction, feedback, support, and encouragement for career developmentChampion diversity and inclusion to create a working environment which allows our People to thrive and excelThe role provides a range of opportunities to impact and influence the overall target state design and implementation of our strategic priorities including:Strategically position the Operations organisation by helping to formulate the future vision of our operating modelImplementing best practices and global consistency, simplifying & standardising processes, controls and flowsOpportunity to learn and acquire expertise across a range of products and asset classesEmpowerment to make decisions and drive a strategyWhat we will need from you:Relevant Regulatory, Risk and Controls experience in a Financial Services FirmPrior equivalent work experience preferredSignificant experience related to operations or capital markets preferred and people management experienceExperience delivering strategic change programmes in a fast paced, large global financial services firm,Strong people manager and experience leading global teams including; hiring, training, mentoring and developing team membersExcellent verbal, written, and presentation skills. In particular, demonstrate ability to effectively communicate technical and business issues and solutions to multiple organisational levels internally and externally as needed to support the strategic goals.Strong risk management and control mindsetSelf-reliant, good problem solver, results orientedStrong awareness of both external and internal best practice perspectives, maintaining a balanced and fresh viewpoint.This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.What we’ll provide you:By joining Citi, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed), and enjoy a whole host of additional benefits such as:27 days annual leave (plus bank holidays)A discretional annual performance related bonusPrivate Medical Care & Life InsuranceEmployee Assistance ProgramPension PlanPaid Parental LeaveSpecial discounts for employees, family, and friendsAccess to an array of learning and development resourcesAlongside these benefits Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self, every day. We want the best talent around the world to be energized to join us, motivated to stay and empowered to thrive.#LI-BH1Job Family Group: Risk ManagementJob Family: Business Risk & ControlTime Type: Full timeCiti 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 .View the ” ” poster. View the .View the .View the

Expected salary

Location

Belfast

Job date

Thu, 19 Sep 2024 06:32:31 GMT

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