Business Execution and Risk Control - Equity Principal Trading

Citi; New York (NY); On-site; USD 180,000 - 280,000; Full time

Job summary

Citi in New York seeks a senior leader for Equity Trading – BE & Risk Control to oversee business execution and in-business risk management of the Equity Trading unit. The role partners with Legal, Risk, Finance, Operations, Technology and Compliance to deliver strategic initiatives and ensure governance under Citi standards.

Responsibilities include driving BRD development, coordinating across regions and product groups, and implementing control frameworks to improve efficiency and regulatory

Qualifications

• 10+ years of experience in financial industry.
• Equities product knowledge and end-to-end understanding of trades.
• Experience driving strategic projects in a large matrixed organization.
• Strong communication and risk management skills.
• Ability to collaborate with Legal, Risk, Finance, Operations, Technology and Compliance.

Responsibilities

• Work with Equity Trading Head to drive strategic initiatives related to risk, people, capital and coordinate across product groups, regions, sectors and functional partners.
• Lead and coordinate the implementation of New Product capabilities from planning to execution and ensure compliance of Reg/Citi requirements.
• Drive the BRD for new business or change requirements.
• Coordinate with front-to-back partners to streamline processes and build policies with local rules and Citi standards.
• Drive efficiency and productivity initiatives with senior management and partners.
• Act as business contact for regulatory authority and compliance department and track/regulatory requirements.
• Implement risk strategies and monitor the controls’ effectiveness.
• Escalate, identify and manage potential risk; implement controls for client experience and ops.
• Anticipate problems and address root causes with solutions.

Skills

Equities product knowledge

Front-to-back trading

Risk & controls

Regulatory compliance

Strong communication

Project leadership

Cross-functional collaboration

Education

Bachelor’s Degree

Master’s degree preferred

Job description

Discover your future at Citi

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Job Overview

Equity Trading – Business Execution (BE) & Risk Control

Job Profile Name

China Equities – BE/IBC

Job grade – VP C13

Job Description:

The Business Execution and Control role is a senior level position responsible for the overall Business Execution and In-Business Risk Management of Equity Trading Business.

Working as part of the Equity Trading, this role supports Equity Principle Activities to ensure successful delivery of strategic initiatives, compliance with local regulations and Citigroup requirements, as well as a strong governance and control framework maintained.

As such this role not only requires an understanding of the Equity business, but also needs regulatory and control knowledge to identify and mitigate risks for the business by working with support functions such as Legal, Risk, Finance, Operations, Technology and Compliance.

Responsibilities

• Work with Equity Trading Head to drive strategic initiatives related to risk, people, capital and coordinate across product groups, regions, sectors and functional partners.
• Lead and coordinate the implementation of New Product capabilities from planning to execution and ensure compliance of Reg/Citi requirements.
• Drive the Business Requirements Documentation (BRD) for new business or change requirements.
• Work with front-to-back partners to streamline processes and build consistent policies and procedures with considerations of local rules and regulations as well as Citi Standards.
• Drive efficiency / productivity initiatives in partnership with the senior management team and other functional partners.
• Act as the business contact for regulatory authority and compliance department and actively track and implement business related Reg/Group compliance requirements.
• Drive compliance with laws, rules, regulations, and policy, apply ethical judgment, and manage control issues with transparency.
• Implement risk strategies and monitor the controls’ effectiveness regularly.
• Takes accountability for escalating, identifying, and managing potential risk; implements controls that enhance the client experience and operational effectiveness.
• Anticipates problems and proactively identifies solutions that address the root causes and result in meaningful improvements.

Recommended Qualifications

• 10+ years of experience in financial industry.
• Demonstrated working knowledge of business management, risk and control.
• Have Equities’ product knowledge and Strong front to back understanding of trades and booking flows.
• Proven experience successfully driving day-to-day execution and strategic projects across a large matrixed organization.
• Highly self-driven, ability to independently own work and operate with a limited level of direct supervision.
• Excellent communication skills for internal negotiations and some external communications.
• Proficiency in managing compliance policies, driving compliance with laws and managing control issues.
• Experience in assessing risks and evaluating controls in collaboration with various teams.
• Proven ability to design and lead projects to enhance processes.

Education

• Bachelor’s Degree/University degree or equivalent experience, Master’s degree preferred

Job Family Group

Business Strategy, Management & Administration

Job Family

Business Execution & Administration

Time Type

Full time

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