Trading Venue Management Officer, Global Markets Third Party Management, - Vice President

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Job Overview

Team Overview:

The Trade Venue Inventory (TVI) team is an integral part of Markets Third Party Management, operating within the Operational Risk and Control Group of Global Markets.

As a critical component of the in-business First Line of defense, our group is dedicated to overseeing and driving risk reduction initiatives. We are responsible for proactively investigating, developing, and implementing enhancements, as well as designing robust frameworks to ensure that pre and post-trade processes operate within Citi's established risk appetite and regulatory requirements.

Role Overview:

We are seeking a strategic and experienced professional to join our team as a Vice President, specializing in Trade Venue Management and Markets Operational Risk. This role is pivotal for maintaining the integrity, compliance, and strategic evolution of Citi's trading ecosystem.

The successful candidate will lead the oversight and governance of Financial Markets Infrastructure (FMI) across Markets, ensuring adherence to Citi's Third-Party Management and FMI Policy and Standards, and supporting the effective implementation of the Manager Control Assessment. This includes continuous engagement with business and control partners.

A key responsibility will be managing Citi's comprehensive Trade Venue Inventory (TVI), which lists approved trading venues accessible by Citi Global Markets and is continuously monitored for market abuse. The Vice President will assume a leadership role in performing and enhancing the onboarding processes and controls for new trade venues, brokers, or product permissions to the TVI, prior to any trading activity.

Responsibilities:

• Policy Compliance: Drive adherence and own continuous enhancement of the Markets TVI Management Procedure ensuring full compliance with applicable laws, rules and regulations.
• Trade Venue Onboarding & Ongoing Management:  Lead comprehensive and diligent review of onboarding questionnaires to ensure the completion of all required steps and approvals. This includes verifying New Activity Policy eligibility and overseeing completion of necessary regulatory assessments for electronic trading, benchmarks, and auctions, where applicable.
• Proactive Control Operation & Oversight: Implement and oversee sophisticated control mechanisms to monitor and ensure that any trading activity identified on unapproved venues, brokers, or products is promptly escalated and  working directly with the Markets Business to enforce compliance
• Periodic TVI Reviews: Lead regular, in-depth reviews to ensure the holistic completeness and accuracy of the TVI, encompassing all venue access methods such as Voice, Electronic, Chats, and third-party portals/platforms. Identify systemic issues and drive corrective actions.
• Monitoring & Reporting:  Design, develop, and present advanced TVI Management metrics, comprehensive dashboards, and executive-level Risk and Control reports for the Markets Business and high-level Markets governance meetings, offering strategic insights and recommendations.
• Control Gap Identification & Remediation:  . Take ownership of the end-to-end process for identifying, escalating, managing, reporting on, and effectively remediating complex control issues, driving root cause analysis and implementing sustainable solutions.

• Manager’s Control Assessment (MCA) Leadership: Lead the development, maintenance, and continuous improvement of a robust MCA framework in full compliance with the Citi Operational Risk Policy, ensuring its effectiveness in mitigating operational risks.
• Cross-Functional Process and Control Enhancement: Proactively collaborate with senior stakeholders across the Markets Business, Market Abuse Monitoring Teams, Product Compliance, and Third-Party Management teams globally to to identify opportunities and drive the implementation of enhanced tools, processes, and controls.
• TVI Technology Roadmap & Innovation: Champion the evolution of the TVI technology roadmap, leading User Acceptance Testing (UAT) , driving requirements gathering, and collaborating with technology partners to implement innovative solutions.

• Access Management: Administer TVI application access for relevant internal personnel, ensuring appropriate security and control.
• Audit Queries: Serve as a primary point of contact and lead the coordination of responses for internal and external audit teams and other assurance groups, ensuring all requests are met with comprehensive, accurate, and timely information.
• Coaching: Providing expert guidance to junior team members.

Qualifications:

• Minimum of 12 years of progressive experience in Operational Risk, Audit, or Compliance within a prominent banking or financial services firm, with a proven track record of managing risk and control environments.
• Comprehensive understanding of the Markets business across more than one of the following asset classes: Equities, FX, Rates, Commodities, Spread Products, or Markets Treasury.
• Working knowledge of various types of trading venues, including but not limited to securities/derivatives trading exchanges, alternative trading systems (ATS), multilateral trading facilities (MTF), organized trading facilities (OTF), swap execution facilities (SEF), central banks, primary dealers, auctions, auction platforms, or other direct access venues.
• Exceptional leadership and communication skills, with the ability to articulate complex concepts clearly and concisely to diverse audiences, including senior management.
• Superior analytical and problem-solving abilities, capable of interpreting large, complex datasets to identify systemic risks and drive strategic control improvements.
• Demonstrated ability to manage multiple, high-priority projects concurrently in a fast-paced, high-pressure global environment.
• Meticulous attention to detail combined with a strategic perspective to identify and mitigate risks.
• Advanced proficiency in Microsoft Office Suite, particularly MS Excel for data analysis and reporting, and PowerPoint for risk and control presentations.

Education:

• Bachelor’s / University degree required
• Relevant professional certifications (e.g. ACA, FRM, CFA) is Good to Have.

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Job Family Group:

Risk Management

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Job Family:

Enterprise Risk

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Time Type:

Full time

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Most Relevant Skills

Analytical Thinking, Business Acumen, Constructive Debate, Escalation Management, Issue Management, Policy and Procedure, Policy and Regulation, Risk Controls and Monitors, Risk Identification and Assessment, Stakeholder Management.

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Other Relevant Skills

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

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