Global OTC Clearing Operations Project Lead - London, United Kingdom - eFinancialCareers

eFinancialCareers

Verified Company

London, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Job Purpose:

This is an exciting opportunity for enthusiastic and energetic team players, with a strong work ethic, who will join Markets Operations.

This is a Vice President (VP) role within the Markets Operations Organization and is a great opportunity to join a growing and dynamic change management team specializing in the Futures and OTC Clearing product line, working on projects delivering impact forour clients, Citi's franchise businesses, improving the risk and control environment and benefiting the financial performance of the business.

The change team is part of the larger Transformation function within Markets Operations.

We're seeking individuals with at least 10 years work experience in Finance, with strong project management skills and experience, keen to learn and expand their knowledge and experience in operations and financial derivatives.

You will be responsible for running the global OTC Client Clearing change programme which covers new products, regulatory and market mandatory initiatives as well as strategic initiatives impacting this product line.

You will use your skills to navigate theorganization and drive project best practices in order achieve positive outcomes in the course of your work.

You will develop a broad and detailed understanding of the Organization's landscape, culture, processes, and Technology and will learn about financial futures markets and cleared derivatives and the critical part that Markets Operations plays at Citi.

You will have the opportunity to work with senior leaders in the organization and will be reporting to the Global Head of Change Management for FCX Operations.

People & Inclusion Agenda:

Promoting a culture of continuous improvement and cultivating a robust service and control environment
Championing diversity and inclusion to create a working environment which allows our People to thrive and excel

Organizational Transformation:

Providing input to simplify, improve and measure processes by delivering enhancements to the control environment, input to design techniques and digital automation

Responsibilities:

Responsible for the daytoday management of executing to milestones and budget on one or more projects
Assess creation of project artifacts appropriate for the project methodology being used
Work with Project Sponsor to ensure business case/cost benefit analysis is in line with business objectives and confirm project plans meet business needs as described in the project initiation documents
Ensure all stakeholders are identified and included in scope definition activities and understand project schedule and key milestones
Escalate project risks to the Project Director, or Project Sponsor, when appropriate
Ensure vendor performance is monitored and actions taken if performance warrants
Provides sophisticated analysis with interpretive thinking to define problems and develop innovative solutions
Directly affects the business by influencing strategic functional decisions through advice, counsel or provided services
Has the ability to operate with a limited level of direct supervision
Can exercise independence of judgement and autonomy
Acts as Subject Matter Expert to senior stakeholders and /or other team members.
Responsible for managing a team of junior project managers/business analysts.

Qualifications:

At least 10 years of experience in project management, primarily in financial services
Experience of managing cleared derivatives either in a product, line management or project capacity is essential
Experience in managing/supervising project managers/business analysts/project officers
Experience in interaction at senior management level of businesses
Broad understanding of business practices
Demonstrates capacity to work in highly pressured environments.

Education:

Bachelor's/University degree preferred

Organization Overview:

Citi Markets Operations is currently at a pivotal point in its evolution and journey to implement a target operating model.

We take pride and are passionate about our People and our culture. We are invested in our People and their development. We are transformingand simplifying our operating model, 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 front post execution Operations teams including product aligned Middle Office groups, Settlements, Margin, Asset Servicing, Listed Derivative & CommoditiesOperations.

We support an extensive range of Capital Markets products and services including Fixed Income (FX, Rates, Credit, Muni, Cash and Derivatives) where Citi is consistently a dominant top 3 player in the market, Equity (Cash, Derivatives, Prime Brokerage,Futures, FXPB) 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 core to the success of the Markets business and have significant impact across the lifecycle of a trade.

We partner extensively with a range of internal stakeholders including 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 the Organizational service performance and strategic partnershipfor our top tier client base, where we play a key role in supporting our global clients to ensure they have a first-class experience when doing business with Citi.

Our Business Intelligence and Process Re-engineering group works alongside our Operations teams delivering automation solutions to solve for operational challenges.

We partner with Citi's innovation labs to drive optimization, and overall play a pivotal rolein enabling us to transform to achieve our target operating model.