Futures & Derivatives Clearing Ops In-Business Risk & Control Hybrid

Citi • Jersey City, NJ

10d • $98,960 - $148,440 • Hybrid

About The Position

Citi's Markets Operations group provides a full suite of strategic advisory and financing products to multinational and local corporations, financial and public sector institutions, governments, privately held businesses, and many of the world's most successful and influential individuals and families in more than 160 countries and jurisdictions. We provide world-class financial products and services as diverse as the needs of the thousands of corporations, institutions, governments and investors we serve. With trading floors in more than 80 countries, Citi works to enrich the relationships, products and technology that define our market-making presence. The breadth, depth and strength of our sales and trading, distribution and research capabilities span a broad range of asset classes, currencies, sectors and products — including Equities, Commodities, Credit, Futures, Foreign Exchange (FX), Emerging Markets, G10 Rates, Municipals, Prime Finance and Securitized Markets. Citi's Futures and Derivatives Clearing (FDC) business consolidates Futures, OTC Derivatives and FX Prime Brokerage activity to provide clients with comprehensive and consistent service experience. Citi Futures is one of the world's largest participants in exchange-traded derivative markets and has also established itself as a market leader in the evolving OTC Clearing world. AVP – FDC Operations – In Business Risk and Control Officer Citi is seeking an AVP candidate within Markets Operations supporting our Exchange Traded Derivatives, OTC Clearing, and FX Prime Brokerage business. The candidate will support FDC Operations and the In-Business Risk and Control (IBR) Global Manager in maintaining a strong control environment and risk-aware culture. The role focuses on assisting with risk identification, control monitoring, issue management, and governance activities to ensure operational processes operate in line with firm policies, standards, and regulatory expectations.

Requirements

• Foundational understanding of operational risk and internal controls, or strong interest in developing expertise in this area.
• Strong attention to detail with the ability to follow structured processes and standards.
• Analytical mindset with the ability to identify inconsistencies, gaps, or potential risks.
• Effective written and verbal communication skills.
• Ability to manage multiple tasks in a time sensitive, high volume environment.
• Collaborative approach with a willingness to learn from senior team members.
• Working knowledge of Microsoft Office (Excel, Word, PowerPoint).
• Bachelor’s degree (or equivalent experience) in Business, Finance, Risk Management, Operations, or a related field.
• 2–5 years of experience in Operations, Risk & Control, Audit, Compliance, or a related discipline preferred.
• Prior exposure to financial services operations or control environments is an advantage but not required.

Responsibilities

• Assist in identifying inherent operational and compliance risks within assigned operational processes.
• Lead process walkthroughs to understand end to end workflows, risks, and key controls.
• Help assess control design and operating effectiveness in line with firmwide control standards.
• Assist with the preparation, execution, and quality assurance of Manager Control Assessments (MCA).
• Support control owners with evidence collection, tracking, and timely completion of MCA deliverables.
• Perform basic quality checks (QC) to ensure MCA inputs are complete, accurate, and aligned to standards.
• Help track governance milestones, attestations, and required approvals.
• Support the identification, documentation, and tracking of control issues and operational risk events.
• Assist in performing root cause analysis by gathering data, process details, and supporting documentation.
• Maintain issue tracker and monitor remediation actions to support timely and sustainable closure.
• Escalate delays, data gaps, or emerging risks to senior team members as appropriate.
• Assist in preparing routine risk and control reporting for operations management.
• Support analysis of trends related to issues, risk events, and control performance.
• Support Operations management in preparing for internal audits and regulatory reviews.
• Assist in responding to Audit or Compliance information requests by coordinating documentation.
• Help ensure awareness of relevant policy updates and procedural changes within the operations team.
• Partner with Operations, Embedded Control Officers, Risk, Compliance, and other control functions to support day to day risk activities.
• Participate in team initiatives focused on strengthening process governance and control resilience.
• Support ad hoc projects related to risk, controls, governance, or process improvement.

Benefits

• medical, dental & vision coverage
• 401(k)
• life, accident, and disability insurance
• wellness programs
• paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level