Avp Middle Office - Belfast, United Kingdom - eFinancialCareers

eFinancialCareers

Verified Company

Belfast, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Overview of Citi

Citi, a world leading global investment bank, has approximately 200 million customer accounts and a presence in more than 160 countries and jurisdictions worldwide.

Citi provides consumers, corporations, governments and institutions with a broad range of financialproducts and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.

Citi enables clients to achieve their strategic financial objectives by providing them with cutting-edgeideas, best-in-class products and solutions, and unparalleled access to capital and liquidity.

Team 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 Organisation, 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, Listed Derivs, 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 Organizationalservice performance and strategic partnership for 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.

Our roles entail ensuring we operate in a robust control environment, whilst in a fast-paced workplace.

We comply with global regulations and internal policies and adopt a proactive approach to identifying opportunities to reduce risk through the continuousevaluation of our controls; to protect our clients, the firm, and our reputation.

We work closely with our external global peers, partners, and regulators, and play an integral part in leading an agenda at the forefront to optimize and streamline processesand drive strategy across our industry.

Role Overview

This role will focus on delivering the Middle Office strategy for the product, driving our target operating model and ensuring a robust control environment.

The role will have accountability for daily supervisory risk and service oversight of the Global SpreadProducts organisation, ensuring that the objectives of Operations, the Business and our clients are executed to a high standard and in full accordance with regulatory and control requirements.

Responsibilities:

Developing an effective control framework that fully meets Audit, Compliance and Regulatory requirements
Driving the team's operational efficiency, automation and productivity agenda including keeping abreast with and adopting new technologies made available for use within the organisation.
Maintaining a culture and environment where processes, risks and controls are continually monitored, and potential risks escalated on a timely basis.
Identifying, maintaining, and reviewing key risk metrics and indicators and presenting these to senior management
Ensuring the infrastructure and tools are in place to effectively manage risk and to service our clients to a high standard

Key Characteristics

Operational Expertise: demonstrate considerable understanding of key operational functions such as Lifecycle Management, Reconciliations, Trade Support and Sales Support
Product Knowledge: demonstrate highlevel knowledge and understanding of the products traded by the GSP business.
Automation: Utilizes a data driven approach to improve straight through processing and reconciliation match rates whilst reducing manual touch points and operational risk.

Qualifications and Skills:

BS/BA degree or equivalent work experience preferred
Significant experience in Tier 1 global financial institutions preferably with experience in Prime Brokerage, Futures, Asset Servicing, Settlements, Equites, Middle Office or Fixed Income
Experience working with regional operations teams in a fast paced, large global financial services firm, ideally within Middle Office
Energetic, flexible, collaborative, and proactive; a leader who can positively and productively add product impa