Skip to main content

Careers

Managing Director, Head of FX Linear Trading for the UK, Europe & MEA

Job Req ID 25823350 Location(s) London, United Kingdom Job Type On-Site/Resident Job Category Institutional Trading
Apply Now

Description:

  • The primary responsibility is to manage the FX Linear trading team and drive growth within the defined risk appetite in the UK, Europe and MEA (EMEA).
  • Define and implement strategy to grow the business and optimize capital usage, expand market share, deepen customer relations and broaden product delivery in line with organizations objectives.
  • Work with Sales, Product Management, eFX Trading and FX STIRT teams to ensure the EMEA FX Linear trading business is well connected and supported by those teams and they are helping deliver the strategy.
  • Drive innovation, process improvement and enhance client experience within the regulatory envelope in which the FX business operates globally.
  • Coordinate with Operations and Technology to ensure robust and consistent processes across the various geographies where Citi operates.
  • Ensure that new products are effectively implemented from an end-to-end perspective including all the relevant and required new product, third party and functional approvals.
  • Drive innovation and process improvement for the FX product suite through a more effective use of data analytics, deployment of new technologies and process re-engineering.
  • Lead the Global Team’s People Strategy, partner with HR, and provide direction and oversight to human capital related processes and programs.

Key Responsibilities and Accountabilities:

  • Ensure the EMEA FX Linear trading team operates within the risk limits and product boundaries.
  • Leading strong governance and controls:
  • Work in close partnership with control functions such as Legal, Compliance, Market and Credit Risk, Audit, Finance in order to ensure appropriate governance and control infrastructure.
  • Build a culture of responsible finance, good governance and supervision, expense discipline and ethics.
  • Appropriately assess risk/reward of transactions when making business decisions; demonstrating proper consideration for the firm’s reputation.
  • Be familiar with and adhere to Citi’s Code of Conduct and the Plan of Supervision for Global Markets and Securities Services.
  • Adhere to all policies and procedures governing the business.
  • Obtain and maintain all registrations/licenses which are required for your role, within the appropriate timeframe.
  • Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.
  • Focus on process improvement, innovation and client experience, leveraging on technology and data analytics.
  • Work with technology to define system development priorities.
  • Stay up to date on market development to ensure Citi’s FX product offering is well positioned to lead the market.
  • Work with risk, legal, and other relevant partners to ensure products and transactions are structured robustly and relevant risks are identified and mitigated.
  • Work with NPAC partners and functional stakeholders on new product approvals.
  • Supervisory oversight and evidencing of such including but not limited to adherence to all relevant policies.
  • Ensure that the team is up to date on latest product developments and facilitate best practices, success and knowledge transfer across regions and countries.
  • Leverage internal relationships and work together with other regional heads in order to replicate best practices and processes across the globe.

Experience, Skills and Qualifications:

  • Proven experience trading both EM and G10 FX and managing trading teams.
  • Solid risk taking and risk managing skills.
  • Ability to lead, motivate and influence a diverse population or FX traders across geographies, products and matrixed reporting lines.
  • Entrepreneurship to capture new business opportunities.
  • Innovative and disruptive mindset.
  • Strong understanding of electronic platforms.
  • Strong interpersonal skills focused on building partnerships and team work.
  • Strong communication skills.
  • Seasoned people manager with experience in managing multi-jurisdictional teams.
  • Ability to manage remote teams across geographies with varied skills and job descriptions.
  • High motivation, energy, tenacity to drive the business and growth forward.
  • Superior problem solving skills; pragmatic approach to risk management.

Candidates applying for this role must be aware that it is a Certified Role, subject to the FCA and PRA Certification Regime.

The Certification Regime is one element of the Individual Accountability Regime which came into effect on 7 March 2016.

Under the Certification Regime, Citi UK regulated entities (Citi entities) must ensure that employees working in certain roles categorised as specified significant harm functions (Certified Roles) are assessed as fit and proper to carry out their role.

Under the guidance provided by the FCA and PRA, firms should have regard to the following when assessing fitness and propriety:

• Honesty, integrity and reputation

• Financial soundness

• Competence and capability

In order to comply with the requirements of the Certification Regime, Citi entities must take reasonable care to ensure that an employee does not perform a Certified Role without first being certified as Fit and Proper. For this reason, you will be assessed for this role against the Fit and Proper requirements, as described above.

This assessment will be carried out through extensive interviews, self-disclosures, permitted criminal record checks, regulated reference checks, credit checks and other background screening checks.

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

Job Family Group:

Institutional Trading

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

Job Family:

Trading

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

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 Accessibility at Citi.

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

View the EEO Policy Statement.

View the Pay Transparency Posting

Apply Now

Saved Jobs

You have no saved jobs

Previously Viewed Jobs

You have no viewed jobs