Business Risk Group Manager - Senior Vice President - Citi

ZipRecruiter; City Of London; On-site; GBP 80,000 - 100,000; Full time

Job summary

A leading global financial institution is seeking a candidate for a control testing lead role focusing on Markets Trading and Sales. This position involves planning and executing control testing, managing a team, and ensuring adherence to compliance standards. Ideal candidates will have relevant experience and a deep understanding of operational risks associated with trading activities. Opportunities for professional growth are enhanced through stakeholder engagement.

Qualifications

• Relevant experience in Front Office controls testing or similar disciplines.
• Comprehensive understanding of Markets business activities and associated regulations.
• Thorough knowledge of related controls in trading and sales activities.

Responsibilities

• Plan, execute and report results of control testing.
• Supervise and coach team members in testing execution.
• Maintain high standards for execution of testing activities.

Skills

Front Office controls testing

Understanding of Markets business activities

Knowledge of Operational and Compliance risks

Control design assessment techniques

Managing complex workloads

Coaching team members

Building senior stakeholder relationships

Education

Bachelor or university education

Job description

Overview

Discover your future at Citi

Working at Citi is far more than just a job. A career with us means joining a team of more than 230,000 dedicated people from around the globe. At Citi, you'll have the opportunity to grow your career, give back to your community and make a real impact.

Job Overview

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) and currencies, providing us with an unmatched ability to meet the needs of our clients.

Markets Governance & Control works with the Markets businesses and functions including Compliance, Operational Risk and Internal Audit, to support identification, evaluation and management of operational and compliance risks in Markets Sales and Trading businesses. The 1st Line of Defence (1LOD) Markets Controls Testing team is part of Markets Governance & Control, and is responsible for execution of a comprehensive, risk-based programme of control testing covering all Markets businesses globally. The primary mission of the 1LOD Markets Controls Testing team is to support Management in its continuous monitoring of its control framework and residual risk profiles, thereby supporting responsible provision of financial services to clients and effective risk management for the firm.

The Global Markets Control Testing Programme Head leads and directs a team of approximately 40 controls testing professionals responsible for supporting the above responsibilities, with breadth and depth on control testing planning and execution. This position reports to the Global Markets Control Testing Programme Head, within the Markets Governance & Control Team; and is a strategic- and execution-oriented leadership role accountable for end-to-end control testing of controls owned by the Markets Front Office - which includes scoping, execution management, results reporting and providing remedial control advice to senior Markets stakeholders.

Excellent management and communication skills are required to negotiate internally, frequently at a senior level. Developed communication and diplomacy skills are required to guide, influence, and convince others, in particular colleagues in other areas. Accountable for controls testing results and advising business and function partners regarding control execution. Necessitates a degree of responsibility over technical strategy. Responsible for supporting the Global Markets Control Testing Programme Head on handling staff management issues, including resource management and allocation of work within the team/project.

Key Responsibilities

This role is an onshore testing lead role, responsible for planning, executing and reporting the results of control testing covering Markets Trading and Sales businesses and providing subject matter expertise to the junior testing team.

• Planning, executing and reporting results of control testing
• Supervising and coaching team members in execution of control testing
• Monitoring execution of parts of the testing programme to agreed timelines, escalating and resolving obstacles to delivery
• Maintaining high standards and best practice for execution of testing activities
• Providing challenge to stakeholders on the design and effectiveness of controls
• Supporting stakeholders in determining necessary control remediation identified through the testing programme
• Maintaining strong stakeholder relationships across Front Office, Markets Conduct Risk, Compliance and Operational Risk
• Presenting impactful summary outputs from the testing programme to Senior Management and Governance Committees and Forums
• Providing Markets controls subject matter expertise to stakeholders across all three lines of defence

Essential Criteria

• Relevant experience in Front Office controls testing, internal audit, external audit, independent control reviews, or similar disciplines
• Comprehensive understanding of Markets business activities and associated regulations with Financial Services
• Thorough Knowledge of Markets Operational and Compliance risks, and related controls, associated with trading and sales activities
• Strong understanding of control design assessment and effectiveness testing techniques and practices
• Extensive experience of managing execution complex workloads to challenging timelines
• Experience of coaching and developing team members
• Experience of overseeing a team to deliver rigor and attention to detail in execution
• Experience of developing and maintaining effective senior stakeholder relationships
• Track record of providing constructive, effective challenge to Senior Stakeholders on risk management matters

Education:

• Bachelor / university education, but appropriate industry experience & exceptional delivery track record is as important.

Additional Information

Citi is an equal opportunity employer. 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 Citi's EEO Policy Statement and the Know Your Rights poster.