Markets E Trading Risk And Control Senior Vice President
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Job 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 :
- Real-Time Monitoring of Citi's algorithmic trading activities for signs of disorderly trading.
- Governance and oversight of E-Trading businesses across Markets, which includes annual attestation / review of key E-Trading documentation, and Market Access Rule for the US (MiFID II Annual Self-Assessment in EMEA)
- Project management of key markets-wide E-Trading initiatives and remediation of corrective actions arising from Regulatory and Internal Audit findings.
- 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).
This role will report into the NAM and LATAM Head of ETRC in New York. The key responsibilities include :
Perform Real-Time Monitoring (RTM) one / two days a week including Bank Holidays (when required). RTM involves monitoring and investigating relevant alerts that could indicate signs of disorderly trading. For relevant alert triggers, ETRC escalate to management and Second Line of Defense where necessary.Oversee the design and governance of Market's E-Trading Inventory which contains details of Applications, Strategies and Controls. Work closely with Technology, Business and 2LoD stakeholders and lead the drafting of requirements documents, performing UAT testing, providing demos, prioritizing functionality requests, hosting and preparing materials for Governance Meetings to support key stakeholder awareness of status and key risks relating to the Inventory.NAM lead in the build out of various MI dashboards applicable to E-Trading by working with various stakeholders such as the Business, Technology and 2LOD functions while ensuring that the dashboards depict the key risks monitored in a structurally complete and visual mannerProvide expert guidance to the Businesses with respect to the E-Trading Governance framework and represent ETRC at Product Level Governance forums.Assist with key E-Trading initiatives and remediation of ETRC enhancement projects for the NAM region as required.Develop and manage key relationships with the NAM E-Trading Businesses, Technology, Risk and Compliance functions.Has the ability to operate with a limited level of direct supervision.Can exercise independence of judgement and autonomy.Qualifications :
Subject matter expertise with Electronic Trading Risks, Controls and market structure10+ years relevant work experience in Business Risk & Controls, Compliance or AuditStrong level of proficiency with Data Analytics and Visualization protocolsProven experience and knowledge of E-Trading regulationsExperience with designing and managing centralized E-Trading tools (limit databases, risk and control inventories) from a technical and project delivery perspectiveConsistently demonstrates clear and concise written and verbal communication skillsEffective organizational influencing skills requiredExcellent problem-solving skillsAbility to see the big picture with high attention to critical detailDemonstrated ability to develop and implement strategy and process improvement initiatives.Education :
Bachelor's / University degree, Master's degree preferred
Job Family Group : Risk Management
Job Family : In-Business Risk
Time Type : Full time
Primary Location Full Time Salary Range : $145,100.00 - $217,700.00
Most Relevant Skills : Analytical Thinking, Business Acumen, Constructive Debate, Escalation Management, Issue Management, Policy and Procedure, Policy and Regulation, Risk Controls and Monitors, Risk Identification and Assessment, Stakeholder Management.
Other Relevant Skills : For complementary skills, please see above and / or contact the recruiter.