EMEA Repo Trading Middle Office Head - VP

Discover your future at Citi

Working at Citi is far more than just a job. A career with us means joining a team of more than 230,000 dedicated people from around the globe. At Citi, you’ll have the opportunity to grow your career, give back to your community and make a real impact.

Job Overview

Overview of Citi:

Are you looking for a career move that will put you at the heart of a global financial institution? Then bring your skills in analysis, problem solving and communication to Citi’s Repo Middle Office Team.
By Joining Citi, you will become part of a global organisation whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.
Markets Operations Belfast Overview:
Our Operations groups are core to the success of the Markets business.  We support a wide range of internal stakeholders including Front Office Sales and Trading Desks, Compliance, Legal, Finance and HR; alongside having significant interaction with external clients, playing a key role in the overall client experience. 

A role within Markets Operations means that you will have a truly global reach, in a supportive environment which will provide you with new experiences and development opportunities right here in Belfast’s iconic Titanic Quarter.  

You can play an important part in transforming and simplifying our operating model, creating an exciting environment which encourages diversity of thought and inclusion within an organisation that authentically values and invests in its people

Role Overview:

The EMEA Repo Trading Middle Office Head - VP will report to the Global Repo Trading Middle Office Head. The Candidate will be based in Belfast, and lead our EMEA Repo Trading Middle Office staff supporting the EMEA Finance Desk and Markets businesses trading Repo products on Citi’s internal Repo platform.

The successful candidate will oversee a team of 3 Belfast based employees and 4 offshore employees, who perform Trade & Lifecycle Management, Front to Back Reconciliations and Exception management in support of the Finance Desk’s activity.

What you'll do

Function as key escalation point and face off to London based Finance Desk whilst working closely with each of the broader operational components that support both businesses that are co-located in our Belfast location to ensure a seamless front to back process and service offering.

The Candidate's primary objectives will be to:

• Direct supervision of groups daily processes & front to back controls, checklists, and Control Dashboards
• Oversee timely and successful deal closing and final settlement functions by performing Supervisory review / sign off as part key Manual Payment Processing controls.
• Oversee other key areas of Control spanning Regulatory filing, Exceptions & Monitoring and MCA Completeness.
• Represent the group in key strategic initiatives which reduce Operational Touchpoints thus reducing processing and payment risk.

Organizational Oversight:

• Supervision of the groups daily core operations, championing a proactive culture and environment where processes, risks & controls are monitored continuously, and potential risks escalated on a timely basis.

Stakeholder Engagement:

• Face off with Business, Technology and Operations as an Escalation point for EMEA Repo Trading Middle Office Group.

People Agenda:

• Oversee development and cross training of the group, using depth chart / heatmaps and development plans to ensure appropriate continuity of Business and Succession plans.

• Coaching and mentoring our People. Ensuring effective one to one discussion. Providing direction, feedback, support, and encouragement for career development

Organizational Transformation:

• Partnering with business, Tech, Ops and Finance Stakeholder during re-engineering initiatives to strengthen the Buffalo teams process and reduce manual processing risk.

Qualifications and Skills:

• Previous experience in Tier 1 global financial institutions with strong people management experience within Operations.
• Self-reliant, good analytical person, results oriented with strong awareness and a strong risk management and control mindset.

What we can offer you:

We work hard to have a positive financial and social impact on the communities we serve. In turn, we put our employees first and provide the best-in-class benefits they need to be well, live well and save well.

By joining Citi Belfast, 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: 

•    Generous holiday allowance starting at 27 days plus bank holidays; increasing with tenure
•    A discretional annual performance related bonus 
•    Private medical insurance packages to suit your personal circumstances
•    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. 

Sounds like Citi has everything you need? Then apply to discover the true extent of your capabilities. 

------------------------------------------------------

Job Family Group:

Operations - Transaction Services

------------------------------------------------------

Job Family:

Securities and Derivatives Processing

------------------------------------------------------

Time Type:

Full time

------------------------------------------------------

Most Relevant Skills

Please see the requirements listed above.

------------------------------------------------------

Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

------------------------------------------------------

Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.

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 Accessibility at Citi.

View Citi’s EEO Policy Statement and the Know Your Rights poster.