Business Manager, SVP - Markets Capital Taskforce (Hybrid)
This role is specifically to perform Business Execution activities for the Markets Capital Advancement team within Counterparty Trading & Risk (CTR). The Markets Capital Advancement team is a global team that are Capital SME’s for the Markets trading desks. This role will require interaction with senior leaders in the Markets business and multiple partners in Risk, MQA, IT, Finance, Compliance and others. The Business Execution team for CTR includes people in London, Belfast and New York and works closely with others in the broader Markets COO team including other product areas, risk & control, transformation.
The Business execution team drives the overall administrative activities for the Capital Advancement Team, including capital reporting, senior management presentations and these tasks may include managing internal & external audits, or addressing regulatory issues.
The Business Manager, SVP - Markets Capital Taskforce is a senior management-level position responsible for accomplishing results through the management of a professional team or department. The team drives the overall administrative activities of the business. These tasks may include managing external audits, business continuity activities or addressing regulatory issues. The Business Unit Manager coordinates and manages activities such as the tracking of business financials, employee headcount, business continuity activities and other administrative needs and ad hoc projects as necessary.
Job Purpose:
To work as part of the Business Execution Team (within Markets COO) covering the Markets Capital Task Force team within Counterparty Trading & Risk (CTR). This Business Execution team of three will be responsible for managing of the relevant workstreams to support the Markets Capital Task Force in delivering their targets. This role will be responsible for tracking and reporting progress on workstreams and targets including any required senior presentations, co-ordinating rollout of new tools and dashboards, managing specific workstreams to deliver specific outcomes and tracking, challenging and reporting delivery against targets with the relevant businesses across Markets.
Job Background/context:
Markets Capital Task Force team within Counterparty Trading & Risk (CTR). Markets Capital Task force is co-led by In-Business Market Risk & XVA teams. The XVA desk is responsible for the pricing and subsequent risk management of derivatives trades including the use of credit, funding and capital. The In-Business Market Risk team is responsible for market risk across asset classes. As part of both teams’ mandate to facilitate business and manage return on capital, the desks need Front Office staff focused specifically on capital for Markets.
Responsibilities:
Drive administrative, operational, reporting and quality improvements through partnership with internal teams.
Responsible for all cross product technology, regulatory and administrative duties in conjunction with the team, including financial, staffing, quality, risk and regulatory matters.
Provide oversight of the Business Critical Milestone Reporting process and other reporting processes to ensure quality, efficiency and accuracy.
Ensure headcount is accurate, real estate is inventoried and planned, and onboarding and termination of resources are managed.
Work with Technology leadership to support the Business People strategy as well as the Communication strategy for the department.
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.
Key Skills:
Demonstrated analytical skills with follow-up and problem solving capability.
Superior attention to detail and accuracy.
Strong experience in reporting with a solid understanding of controls and mechanisms to track, report and communicate performance against targets.
Excellent communication; interpersonal and organizational skills, experience working with senior levels; must be articulate and persuasive with the judgement and authority to provide insightful commentary to senior stakeholders.
Ability to analyze and synthesize large amounts of information, syndicate and present to the highest level.
Prepare reports, briefings and executive level presentations on strategic initiatives, projects and priorities with the ability to develop documents using data from various areas to tell a story.
Demonstrable team skills to coordinate processes and work as part of multiple teams across firm.
A solid understanding of mechanisms to track, report and communicate performance against targets.
Strong experience working with multiple lines of defense.
Familiarity with regulatory reporting a plus.
Project Management skills a plus.
Qualifications:
10+ years of experience in financial services.
Experience working in global and complex settings with multiple stakeholders.
Knowledge of the financial services industry and technology, including Profit & Loss (P&L), accruals, client allocations, capitalization, recovery and fixed price contracts.
Proven ability to work in high-pressure, time-sensitive environments.
Education:
Bachelor's degree/University degree or equivalent experience.
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Job Family Group:
Business Strategy, Management & Administration------------------------------------------------------
Job Family:
Business Administration------------------------------------------------------
Time Type:
Full time------------------------------------------------------
Primary Location:
New York New York United States------------------------------------------------------
Primary Location Full Time Salary Range:
$176,720.00 - $265,080.00
In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.
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Anticipated Posting Close Date:
Nov 28, 2024------------------------------------------------------
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.
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