London, GBR
15 hours ago
UK, Europe & MEA Head of E-Trading Risk & Controls
By Joining Citi, you will become part of a global organisation whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. Citi Global Markets provides world-class solutions and an unmatched global presence. We serve corporates, institutional investors and governments from trading floors in almost 80 countries. The strength of our underwriting, sales and trading and distribution capabilities span asset classes (Commodities, Equities, Rates, Spread Products, FX), providing us with an unmatched ability to meet the needs of our clients. **Team Overview** E-Trading Risk and Controls (ETRC) is a First-Line risk team which is part of the Global Markets COO function. ETRC works with Global Markets E-Trading businesses, CAOs and second-line functions to implement the E-Trading Risk Framework. Key responsibilities include: + Governance and oversight of E-Trading businesses across Markets, which includes annual attestation/review of key E-Trading documentation, and MiFID II Annual Self-Assessment in EMEA (Market Access Rule for the US); + Co-ordination with the E-Trading businesses of the Manager Control Assessment + Project management of key markets-wide E-Trading initiatives and remediation of corrective actions arising from Regulatory and Internal Audit findings. + Real-time monitoring of Citi’s algorithmic trading activities for signs of disorderly trading. + Design, deliver, and maintain Market’s E-Trading Controls, such as Citi’s golden-source repository for E-Trading Strategies (algorithms)/Applications and the E-Trading limits management system. + Lead reviews by global banking and securities regulators, Compliance testing, and Internal Audit of E-Trading business, including preparation of responses to findings and corrective action plans (as needed). **Role Overview** This is a senior role within the ETRC team that will report into the Global Head of E-Trading Risk & Controls in London. The role will entail managing the UK, Europe & MEA ETRC team, liaising with Regulators, Internal Audit and Senior Management within Global Markets, Technology and Second Line functions, as well as representing ETRC in key E-Trading governance meetings. The role also requires relevant experience in ensuring compliance with E-Trading regulatory requirements, namely MIFID II, as well as supporting and contributing to the enhancement of the E-Trading related risk control framework, through strategic control enhancement projects. The role therefore has a critical part to play in ensuring best business practice, as well as meeting the expectations of Regulatory bodies. **What you'll be doing:** + Lead the UK, Europe & MEA ETRC team and manage their day-to-day activities. + Management of the UK, Europe & MEA Real-Time Monitoring (RTM) initiative, and review of any escalations to management and second line where necessary. + Oversight of the MiFID II Annual Self-Assessment process. + Representing ETRC in periodic meetings with Regulators, External and Internal Audit functions and managing queries from these stakeholders. + Representing ETRC in the E-Trading Risk Management Committee, as well as preparing materials for E-Trading updates to key management committees and board meetings. + Review of UK, Europe and MEA related E-Trading regulatory guidance to ensure compliance. + Oversight and project management of key E-Trading initiatives and remediation of Markets enhancement projects for the UK, Europe & MEA region. + Provide expert guidance to the Businesses with respect to the E-Trading Governance framework and represent ETRC at Product Level Governance forums. + Oversee development and maintenance of applications owned by ETRC, such as real-time monitoring and central inventory tool for Markets. + Develop and manage senior relationships within the UK, Europe & MEA E-Trading Businesses (FX, Futures and Equities), Technology, Risk and Compliance functions + Development and coaching of the UK, Europe & MEA team. **What you'll bring:** Excellent understanding of E-Trading related risks along with full markets trade lifecycle across front office, middle office, back office and control functions and associated infrastructure. + 10+ years E-Trading experience through a controls or trading related role. + Extensive knowledge of E-Trading regulation (e.g. MiFID II RTS 6) and guidance (e.g. PRA SS5/18). + Extensive experience in managing a regional team and leading in a co-operative and collaborative working environment. + Excellent attention to detail when reviewing work papers. + Proven manager and leader to be able to motivate and further develop the existing team. + Excellent influencing and communication skills. + Experience interacting with regulators and senior management to provide updates. + Tenacious hands-on problem-solving skills. + Excellent project management skills, with the ability to balance short-term and medium-term remedial action. + Proven ability to proactively manage and resolve conflict and effectively defend decisions with objective rationale. **Education** + College/university education preferred **What we can offer you:** We work hard to have a positive financial and social impact on the communities we serve. In turn, we put our employees first and provide the best-in-class benefits they need to be well, live well and save well. By joining Citi London, 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: + Generous holiday allowance starting at 27 days plus bank holidays; increasing with tenure. + A discretional annual performance related bonus. + Private medical insurance packages to suit your personal circumstances. + Employee Assistance Program. + Pension Plan. + Paid Parental Leave. + Special discounts for employees, family, and friends. + Access to an array of learning and development resources. Alongside 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. Sounds like Citi has everything you need. Then apply to discover the true extent of your capabilities. ------------------------------------------------------ **Job Family Group:** Risk Management ------------------------------------------------------ **Job Family:** Business Risk & Control ------------------------------------------------------ **Time Type:** Full time ------------------------------------------------------ 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)** . View the "EEO is the Law (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf) " poster. View the EEO is the Law Supplement (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/OFCCP\_EEO\_Supplement\_Final\_JRF\_QA\_508c.pdf) . View the EEO Policy Statement (http://citi.com/citi/diversity/assets/pdf/eeo\_aa\_policy.pdf) . 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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