Markets E-Trading Risk & Controls Senior Vice President

Citi • New York, NY

4d • $163,600 - $245,400 • Onsite

About The Position

E-Trading Risk and Controls (ETRC) is a First-Line risk team within the Global Markets COO function. ETRC collaborates with Global Markets E-Trading businesses, CAOs, and second-line functions to implement the E-Trading Risk Framework. Key responsibilities include real-time monitoring of Citi’s algorithmic trading activities for signs of disorderly trading across all asset classes, governance and oversight of E-Trading businesses (including annual attestation/review of key E-Trading documentation and Market Access Rule for the US), project management of key markets-wide E-Trading initiatives, and remediation of corrective actions from Regulatory and Internal Audit findings. The team also designs, delivers, and maintains Market’s E-Trading Controls, such as Citi’s golden-source repository for E-Trading Strategies (algorithms)/Applications and the E-Trading limits management system. Additionally, ETRC leads reviews by global banking and securities regulators, Compliance testing, and Internal Audit of the E-Trading business, including preparing responses to findings and corrective action plans.

Requirements

• Subject matter expertise with Electronic Trading Risks, Controls, and North American Market Structure.
• Significant experience with using data analytics and various visualization tools.
• 10+ years relevant work experience in Business Risk & Controls, Compliance, or Audit in a Markets Business.
• Deep knowledge of E-Trading regulation and guidance and best practices.
• Experience with designing and managing centralized E-Trading tools (limit databases, risk and control inventories) from a technical and project delivery perspective.
• Consistently demonstrates clear and concise written and verbal communication skills.
• Effective organizational influencing skills required.
• Excellent problem-solving skills.
• Ability to see the big picture with high attention to critical detail.
• Demonstrated ability to develop and implement strategy and process improvement initiatives.
• Bachelor's/University degree.
• Analytical Thinking
• Controls Lifecycle
• Credible Challenge
• Governance
• Policy, Procedure, and Regulation
• Risk Management Lifecycle

Nice To Haves

• Master's degree preferred.
• FRM/CFA certification desirable.

Responsibilities

• Perform Real-Time Monitoring (RTM) one/two days a week including Bank Holidays (when required), monitoring and investigating relevant alerts that could indicate signs of disorderly trading, and escalating to trading desks, management, and Second Line of Defense where necessary.
• Lead the market access reviews/attestation from a cross-asset perspective, ensuring adherence to market access controls and oversight protocols as required by the 15c3-5 Market Access Rule.
• Maintain a strong policy, risk management, and governance compliance structure within Electronic Trading products and flows from a cross-asset perspective.
• Participate as the regional lead for NAM to ensure robust governance for the E-Trading limits management system, disseminating key changes and asset class implications to key stakeholders by following strong program management protocols.
• Own the issue management workstream for the team, providing oversight of remediation plans for ETRC or Businesses (where relevant) and maintaining strong relationships with the Markets Testing Team, Compliance Testing, and Internal Audit.
• Assist with key E-Trading initiatives and remediation of ETRC enhancement projects for the NAM region as required.
• Innovate e-Trading risk frameworks to adapt to changing market structure dynamics and desk demands.
• Collaborate across a diverse set of stakeholders including Sales and Trading Business Units, Quantitative Strategists, Business Unit Risk Management, Compliance, Technology, and Operations.
• Operate with a limited level of direct supervision, exercising independence of judgment and autonomy.
• Act as SME to senior stakeholders and junior team members.
• Work in a fast-paced environment, often balancing multiple deliverables at one time.

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: Senior