CEP (Citibank Europe plc) Legal Entity Business Execution – Senior Vice President

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Job Overview

Reporting to the Chief Operations Officer for Citibank Europe plc (CEP), the CEP Legal Entity Business Execution will be responsible for coordination of key execution initiatives within the legal entity.

This role will closely partner across the COO team as well as the respective businesses and functions, ensuring accountability, appropriate governance, ownership and oversight are in place to support the execution of required initiatives across the legal vehicle and firm. This is a key position in the COO team as it supports the legal vehicle in delivering for our clients and firm whilst meeting our supervisory expectations and requirements. 

The CEP Legal Entity Business Execution role will partner closely across the team to ensure entity level execution remains on-track, with risks escalated and mitigated as required. The position will be accountable for delivering on committed timelines and quality, managing escalations, engaging and providing/obtaining status updates to/from all key stakeholders across businesses and functions.

The role holder will require the ability to influence, negotiate, drive through cross-businesses and functions, and deliver results for the entity. The Legal Entity Business Execution will possess a thorough understanding of the strategic direction of Citi, Europe and CEP, combined with a solid conceptual and practical grounding in both its businesses and operations, as well as knowledge of the regulatory landscape and legal vehicle management matters.

About Citibank Europe PLC

With 13,000 employees across 22 European jurisdictions, CEP is Citigroup’s European banking subsidiary, providing services to Citi’s clients who require or wish to transact via an EU licensed bank.  The businesses covered by CEP include Markets, Banking, Services (both Treasury and Trade Solutions and Securities Services) and Wealth.

CEP’s principal activities are the provision of core banking services to Citigroup’s institutional clients including governments, public sector bodies, multinational corporations and their subsidiaries, large local corporates, financial institutions, and fund managers. Private wealth products and services are

also offered, principally to ultra-high net worth customers primarily through CEP’s Luxembourg

branch.

CEP also has three Citi Solution Centres (“CSCs”) which provide select middle and back-office services to CEP and other Citigroup affiliates. These CSCs are based in Ireland, Poland and Hungary, and account for the majority of CEP’s employees.

Key Responsibilities

• Execution of key strategic initiatives and priorities for the legal entity, supporting business growth, productivity or other work efforts identified by CEP Exco, including remediation of distressed programs or escalations of issues in execution, engagement, or requiring further attention
• Work closely with CEP COO and COO team to identify areas of enhanced execution requirements – partner with the team to deliver timely, consistent and controlled execution.
• Execute resolution of observations received by the entity that may result in further actions such as Dear CEO letters, annual supervisory letters etc.
• Drive strategic reviews, contribute to major initiatives, and implementation of cross-enterprise work streams to align the firm and CEP strategic priorities and regulatory obligations including legal entity simplification
• Partner with CEP Legal Entity Program team on cross business/function initiatives impacting the Europe Cluster, engages and challenges programs owned by functions and/or businesses
• Design and implement simplified framework to standardize execution, and reporting while enhancing accountability and clear ownership across businesses, functions, and governance forums for CEP / Europe Cluster and International
• Support the review and execution of complex changes, regulatory observations, and findings, supporting resourcing and implementation of regulatory change for CEP Legal Entity / LE across Europe Cluster.
• Engage with business and function program offices to drive execution of programs in partnership to deliver for CEP, firm, clients, and regulators and ensure timely execution, risk identification, and escalation of risks/issues
• Drive and support cross-cluster/enterprise work efforts for CEP / Europe impact and engage with other clusters and International for CEP changes impacting outside CEP.
• Manage and maintain strong relationships across various senior stakeholders in the Legal Entity, business, and functions.

Knowledge / Experience

• Extensive, cross functional business or program leadership experience, including exposure to the Markets and Banking. Global Functions, Operations and Technology is welcome. 
• Possess a thorough understanding of the strategic direction of Citi, Europe and CEP, combined with a solid conceptual and practical grounding in both the European business and operations, as well as the regulatory landscape and legal vehicle management drivers.
• Significant experience with European Legal Entity drivers and Franchise structures between bank and corporate chain entities
• Broad experience and network across Europe cluster
• Knowledge of Project Governance Procedures and functional expertise in strategic planning
• Experience in transformational re-engineering projects (e.g. divestures, acquisition integration, outsourcing etc.)
• Front to back understanding of processes especially operational risks
• Experience with driving cultural change with a lasting impact on a large scale
• Consistent record as Business Execution, Program Manager, Lead PMO or department head, managing teams and large, strategic cross-functional projects
• Previous program/project management, consulting, technology and/or management roles
• Good knowledge of Citi’s organization: structure, culture, including formal and informal communication channels
• Excellent communication skills required in order to influence a wide range of audiences
• Exceptional interpersonal and stakeholder management skills as well as demonstrated Inclusive Leadership will be required to succeed
• Ability to come to balanced conclusions and make recommendations for decisions
• Strong powerpoint, writing and communication skills with a focus on high quality materials to support both internal and external engagements

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Job Family Group:

Business Strategy, Management & Administration

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Job Family:

Business Execution & Administration

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Time Type:

Full time

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Most Relevant Skills

Please see the requirements listed above.

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Other Relevant Skills

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

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