E-Trading Risk & Controls - Vice President (NAM/LATAM Focus)

Team Overview

E-Trading Risk and Controls (ETRC) is a First-Line risk team which is part of the Global Markets COO function. ETRC works with Global Markets E-Trading businesses, CAOs and second-line functions to implement the E-Trading Risk Framework. Key responsibilities include:

• Governance and oversight of E-Trading businesses across Markets, which includes annual attestation/review of key E-Trading documentation, and Market Access Rule for the US (MiFID II Annual Self-Assessment in EMEA)
• Project management of key markets-wide E-Trading initiatives and remediation of corrective actions arising from Regulatory and Internal Audit findings.
• Real-Time Monitoring of Citi’s algorithmic trading activities for signs of disorderly trading.
• Design, deliver, and maintain Market’s E-Trading Controls, such as Citi’s golden-source repository for E-Trading Strategies (algorithms)/Applications and the E-Trading limits management system.
• Lead reviews by global banking and securities regulators, Compliance testing, and Internal Audit of E-Trading business, including preparation of responses to findings and corrective action plans (as needed).

Responsibilities:

This is a replacement role that will report into the NAM and LATAM Head of ETRC in New York. The key responsibilities include:

• Perform Delta Monitoring (DM) for the NAM region which aims to identify any limit changes that were made by cross Market Business, including investigation of relevant alerts to determine if the limit changes were in line with the expected process.
• Provide back-up coverage for Real-Time Monitoring (RTM) for when other team members are on leave and/or on Bank Holidays. RTM involves monitoring and investigating relevant alerts that could indicate signs of disorderly trading. For relevant alert triggers, ETRC escalate to management and Second Line of Defence where necessary.
• Conduct a monthly triage of MI Dashboard Supervisory alerts and work with Supervisors to close the alerts.
• Support initiatives relating to the golden-source repository for Strategies, Applications and Controls.
• Assist with key E-Trading initiatives and remediation of ETRC enhancement projects for the NAM region as required.
• Develop and manage key relationships with the NAM E-Trading Businesses, Technology, Risk and Compliance functions.
• Conduct periodic reconciliations between limit publication data and golden source repository control data to identify any remediation items, working with Businesses and Technology to resolve.
• Has the ability to operate with a limited level of direct supervision.
• Can exercise independence of judgement and autonomy.
• Acts as SME to senior stakeholders and /or other team members.

Qualifications: 

• 6-10 years relevant work experience in Business Risk & Controls, Compliance or Audit
• Knowledge of E-Trading regulation and guidance
• Experience and knowledge of E-Trading regulations preferred
• Consistently demonstrates clear and concise written and verbal communication skills 
• Effective organizational influencing skills required
• Excellent problem solving skills
• Ability to see the big picture with high attention to critical detail
• Demonstrated ability to develop and implement strategy and process improvement initiatives.

Education: 

Bachelor's/University degree, Master's degree preferred

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