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    Business Risk Officer - London, United Kingdom - Citigroup Inc.

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    Description

    Citi Markets Price Risk and Control (PRC) is looking for a Business Risk Officer to join our team managing and controlling the daily T0 Trader Flash P&L.

    This is an exciting opportunity for a practically minded professional with excellent knowledge of trading desk revenue calculation, valuation methodologies, trade booking and lifecycle, and variance analysis vs Finance (Product Control) generated actual revenue results. The incumbent will be working closely with the wider PRC teams, Trading Desks, Business Management, Finance, Operations and Technology.

    The incumbent will be a key member of a cross functional team delivering a complex major global regulatory committed enhancement program across all Citi Markets trading businesses, comprising over 500 trading desks in more than 60 countries,to efficiently deliver systemically accurate daily revenue results for all mark-to-market trading book activities. In this capacity they will work closely with business and trading desk representatives, technology teams and 2nd line functions including Finance.

    This role is also a key member of a broader 1st Line Risk & Control function directly supporting Global Markets as one of the major businesses within the Citibank Group. The Global Markets Risk & Control team is mandated to establish and maintain a robust 1st Line of Defence designed to minimize risk within the business including leading critical control remediation projects to mitigate risk in Trading, Financial Crimes and Conduct while ensuring strong governance to measure, monitor, manage and escalate key risks.

    What you will do:

    • Maintain control of the daily process in the production of trader revenue estimates, including effective challenge of large P&L swings and variance to T+1 actual
    • Production and analysis of trader revenue estimate metrics against key performance measures (KPMs), root cause analysis of trader estimates calculation inaccuracies and adjustments (with business management), investigation of trader estimates vs. actual revenue variances for assigned Markets trading business.
    • Identify common revenue calculation deficiencies that may exist across all Global Markets businesses and work with relevant stakeholders to develop and build cross markets remedial solutions.
    • Jointly with the wider T0 revenue program team, track the successful completion and on-time delivery of committed technology, infrastructure and process enhancements.
    • Maintain revenue estimates infrastructure, including alignment of supervisors and traders to "flash" and "affirmation" units
    • Presentation of above metrics to senior business management and at cross functional (business, technology, finance) business specific working groups together with articulation of recommended solutions.
    • Provide ongoing specialist support to assigned businesses on revenue estimates reporting and governance expectations

    What we need from you:

    • Strong experience ideally in 1st line control, P&L production, Middle Office, Product Control or Investment Operations required
    • Equities or Rates product experience highly desired
    • Experience in strategic design and project management implementation, delivering complex solutions
    • Strong ability in interacting with and influencing senior business stakeholders
    • Capable of prioritizing and multi-tasking in a dynamic environment
    • Excellent oral and written communications skills; Must be articulate and persuasive.
    • Strong financial, analytical, strategic planning and problem-solving skills
    • Proficiency in Microsoft suite including Excel, PowerPoint, PowerBI, SharePoint and Visio.
    • Bachelor's degree, professional qualifications or equivalent experience

    What we can offer you:

    • Opportunity to widen your knowledge of the investment banking industry and the products traded
    • Chance to build an exceptional global network of professionals, trading desks, technology teams and 2nd line functions, including Finance and Risk
    • Long-term career path across geographies and business lines

    At Citi, we stand firm in our commitment to our values, and we look for people who share those values with us. We believe in doing what is right – for our clients and our people.

    By joining Citi London, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed), and enjoy a whole host of additional benefits such as:

    • 27 days annual leave (plus bank holidays)
    • A discretional annual performance related bonus
    • Private Medical Care & Life Insurance
    • Employee Assistance Program
    • Pension Plan
    • Paid Parental Leave
    • Special discounts for employees, family, and friends
    • Access to an array of learning and development resources

    Alongside these benefits Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self, every day. We want the best talent around the world to be energized to join us, motivated to stay, and empowered to thrive.

    This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.

    Job Family Group:

    Risk Management

    Job Family:

    Business Risk & Control

    Time Type:

    Full time

    Citi is an equal opportunity and affirmative action employer.

    Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

    Citigroup Inc. and its subsidiaries ("Citi") invite all qualified interested applicants to apply for career opportunities. 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 .

    View the " EEO is the Law " poster. View the EEO is the Law Supplement .

    View the EEO Policy Statement .

    View the Pay Transparency Posting

    #J-18808-Ljbffr

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