Americas Senior Equities Risk & Control Officer (Director/SVP)
In response to heightened expectations from regulators and to ensure a strong and consistent control environment, the Global Equities business continues to expand its risk, governance and controls environment.
Equities business lines include Cash Equities, Equity Derivatives, Delta 1, Prime Finance and Sales/Sales Trading.
Reporting to the Head of Equities Risk & Controls, the role will focus on leading and strengthening the Americas Equities Supervisory controls framework as well as ensuring consistency with firm-wide standards and regulatory expectations with Prudential Bank Regulations.
The role will interact extensively with senior management across the Global Equities business, central Markets teams, Independent Compliance Risk Management, Internal Audit, Bank Regulatory Legal and participate in updates to Senior Management.
The role requires the individual to have a strong risk and governance background as well as experience managing control frameworks.
Strong leader with proven experience driving complex horizontal programs across a matrix environment.
Excellent communication skills required in order to negotiate internally, often at a senior level.
Provides advanced judgment and conducts in-depth quantitative or qualitative analysis to solve problems and develop new, innovative solutions.
Required to think beyond existing solutions, assumptions or current knowledge of business areas.
Ideal candidates should have some experience in designing and implementing risk and governance programs that meet regulatory expectations, for example US Broker-Dealer Supervision Rules (FINRA 3110, 3120, etc,) and, or Prudential Bank Regulations (K, O, W).
Issue and CAP management, as well as the ability to lead substantive remediation activity, will be a key responsibility.
The ability to effectively write and implement policies and procedures; and develop and monitor compliance metrics and key risk indicators is required.
Key ResponsibilitiesManage controls and supervision framework in Equities, including but not limited to Reg NMS, Reg SHO, Reg ATS, Best Execution, Consolidated Audit Trail (CAT)Work with the Business Supervisors, Technology & Control partners to efficiently build target state controls, system alerts, and re-engineer processes to ensure effective and best in class controls that meet regulatory expectationsApply knowledge of the Equities business, products and services to identify and implement control points and processes throughout the business.
Provide expertise for regulatory remediation and implementation across Equities business, with a focus on Prudential Bank Regulations (K, O, W)Advise on control requirements and control standards appropriate for these prudential regulations to mitigate risks to the firm and drive control efficiency and optimizationDetermine approaches to ensure adequate governance and training are in place to risk and control objectivesAssist in the implementation of policies, standards and procedures that conform to enterprise requirements and support sound operational and compliance risk management.
Issue and CAP management; substantive remediation capabilitiesRepresent Equities in various working groups and committeesLiaise with ICRM and ORM to support aggregation of risks and determination of adequacy of controls and oversight of control gap remediationWork with the business to assess risks associated with New Products and work across functions to design risk mitigating solutionsFacilitate and as required participate in ad-hoc reviews and regulatory / supervisory examinations of the wider businessCapabilitiesStrategic and project management capabilities coupled with strong analytical and operational skillsSolid experience with US Equities Regulations including Reg NMS, Reg SHO, Reg ATS, Market Access Rule, Consolidated Audit Trail (CAT)Legal background preferable with subject matter expertise in US Bank RegulationsDemonstrate the ability to synthesize information, prioritize business goals and drive results with a sense of urgencyExceptional communication, executive reporting, negotiation, and presentation skillsAccomplished change leader, demonstrates a flexible approach and resilience to setbacks and can drive operating and culture change, long-term vision, and leadership stamina to maintain course within a constantly changing environmentProven leadership on large cross-functional teams focused on strategic processCreates and sustains a network of strong partnerships with the business (relationship and product management) and other functions, particularly decision makers and influencersProven financial acumen, critical thinker with ability to provide an impartial, prudent, and solutions-oriented approachStrategically minded with track record of execution excellencePrior success working in a large, highly-matrix and complex organization; able to set priorities and 'triage' in a fast-paced, dynamic environment
Qualifications:
8
years experience in financial services; experience leading analytical teams is required, including managerial experienceExperience managing teams with broad accountability in a complex environment.
Ability to work effectively in a cross-functional organization Ability to balance strategic priorities with tactical actions Proven track record and accountability in making quick decision that have an immediate impact on business financials.
Excellent communication skills required in order to negotiate internally, often at a senior level.
Some external communication/negotiation may be necessary.
------------------------------------------------------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:
$200,000.
00 - $300,000.
00In 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.
------------------------------------------------------Anticipated Posting Close Date:
Mar 25, 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.
View the EEO is the Law poster.
View the EEO is the Law Supplement.
View the EEO Policy Statement.
View the Pay Transparency Posting.
Estimated Salary: $20 to $28 per hour based on qualifications.
Equities business lines include Cash Equities, Equity Derivatives, Delta 1, Prime Finance and Sales/Sales Trading.
Reporting to the Head of Equities Risk & Controls, the role will focus on leading and strengthening the Americas Equities Supervisory controls framework as well as ensuring consistency with firm-wide standards and regulatory expectations with Prudential Bank Regulations.
The role will interact extensively with senior management across the Global Equities business, central Markets teams, Independent Compliance Risk Management, Internal Audit, Bank Regulatory Legal and participate in updates to Senior Management.
The role requires the individual to have a strong risk and governance background as well as experience managing control frameworks.
Strong leader with proven experience driving complex horizontal programs across a matrix environment.
Excellent communication skills required in order to negotiate internally, often at a senior level.
Provides advanced judgment and conducts in-depth quantitative or qualitative analysis to solve problems and develop new, innovative solutions.
Required to think beyond existing solutions, assumptions or current knowledge of business areas.
Ideal candidates should have some experience in designing and implementing risk and governance programs that meet regulatory expectations, for example US Broker-Dealer Supervision Rules (FINRA 3110, 3120, etc,) and, or Prudential Bank Regulations (K, O, W).
Issue and CAP management, as well as the ability to lead substantive remediation activity, will be a key responsibility.
The ability to effectively write and implement policies and procedures; and develop and monitor compliance metrics and key risk indicators is required.
Key ResponsibilitiesManage controls and supervision framework in Equities, including but not limited to Reg NMS, Reg SHO, Reg ATS, Best Execution, Consolidated Audit Trail (CAT)Work with the Business Supervisors, Technology & Control partners to efficiently build target state controls, system alerts, and re-engineer processes to ensure effective and best in class controls that meet regulatory expectationsApply knowledge of the Equities business, products and services to identify and implement control points and processes throughout the business.
Provide expertise for regulatory remediation and implementation across Equities business, with a focus on Prudential Bank Regulations (K, O, W)Advise on control requirements and control standards appropriate for these prudential regulations to mitigate risks to the firm and drive control efficiency and optimizationDetermine approaches to ensure adequate governance and training are in place to risk and control objectivesAssist in the implementation of policies, standards and procedures that conform to enterprise requirements and support sound operational and compliance risk management.
Issue and CAP management; substantive remediation capabilitiesRepresent Equities in various working groups and committeesLiaise with ICRM and ORM to support aggregation of risks and determination of adequacy of controls and oversight of control gap remediationWork with the business to assess risks associated with New Products and work across functions to design risk mitigating solutionsFacilitate and as required participate in ad-hoc reviews and regulatory / supervisory examinations of the wider businessCapabilitiesStrategic and project management capabilities coupled with strong analytical and operational skillsSolid experience with US Equities Regulations including Reg NMS, Reg SHO, Reg ATS, Market Access Rule, Consolidated Audit Trail (CAT)Legal background preferable with subject matter expertise in US Bank RegulationsDemonstrate the ability to synthesize information, prioritize business goals and drive results with a sense of urgencyExceptional communication, executive reporting, negotiation, and presentation skillsAccomplished change leader, demonstrates a flexible approach and resilience to setbacks and can drive operating and culture change, long-term vision, and leadership stamina to maintain course within a constantly changing environmentProven leadership on large cross-functional teams focused on strategic processCreates and sustains a network of strong partnerships with the business (relationship and product management) and other functions, particularly decision makers and influencersProven financial acumen, critical thinker with ability to provide an impartial, prudent, and solutions-oriented approachStrategically minded with track record of execution excellencePrior success working in a large, highly-matrix and complex organization; able to set priorities and 'triage' in a fast-paced, dynamic environment
Qualifications:
8
years experience in financial services; experience leading analytical teams is required, including managerial experienceExperience managing teams with broad accountability in a complex environment.
Ability to work effectively in a cross-functional organization Ability to balance strategic priorities with tactical actions Proven track record and accountability in making quick decision that have an immediate impact on business financials.
Excellent communication skills required in order to negotiate internally, often at a senior level.
Some external communication/negotiation may be necessary.
------------------------------------------------------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:
$200,000.
00 - $300,000.
00In 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.
------------------------------------------------------Anticipated Posting Close Date:
Mar 25, 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.
View the EEO is the Law poster.
View the EEO is the Law Supplement.
View the EEO Policy Statement.
View the Pay Transparency Posting.
Estimated Salary: $20 to $28 per hour based on qualifications.
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