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

Citi • Jersey City, NJ

3d • $98,960 - $148,440 • Hybrid

About The Position

Citi is seeking an AVP candidate to support its Futures and Derivatives Clearing (FDC) and FX Prime Brokerage Operations business. The role supports the Global In-Business Risk and Control (IBR) Manager in maintaining a strong control environment and risk-aware culture within FDC Operations. It focuses on assisting with risk identification, control monitoring, issue management, and governance activities to ensure processes operate in line with firm policies, standards, and regulatory expectations.

The position is part of Citi Markets Operations, which supports post-trade functions across a broad range of asset classes and serves institutional, corporate, sovereign, and government clients. The primary location is Jersey City, New Jersey, and the role is full-time.

Requirements

• Foundational understanding of operational risk and internal controls, or a strong interest in developing expertise in this area.
• Strong attention to detail and ability to follow structured processes and standards.
• Analytical mindset and 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 and willingness to learn from senior team members.
• Working knowledge of Microsoft Office, including Excel, Word, and 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 is preferred.
• Prior exposure to financial services operations or control environments is advantageous but not required.

Nice To Haves

• Clearing Derivatives product knowledge.

Responsibilities

• Assist in identifying inherent and compliance risks within 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.
• Support the identification, documentation, and tracking of operational control failures and risk events.
• Assist Operations teams in performing root cause analysis.
• Maintain the issue tracker and monitor remediation actions to support timely resolution.
• Escalate issues to relevant stakeholders, including Senior Managers.
• 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 with Operations teams.
• Provide awareness of procedural changes within the operations team.
• Partner with Operations, Embedded Risk 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, and vision coverage.
• 401(k).
• Life, accident, and disability insurance.
• Wellness programs.
• Paid time off, including vacation, sick leave, and paid holidays.
• Eligible employees may receive discretionary and formulaic incentive and retention awards.

What This Job Offers

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