Transaction Monitoring Lead, Spread Products, Director, New York

Citigroup • New York, NY

291d • $170,000 - $300,000

About The Position

This role sits within the Global Markets Conduct, Financial Crime and Regulatory Risk area and requires the role holder to manage, develop and leverage conduct related surveillances and monitoring capabilities for Spread Product, using data science disciplines to manage conduct risk across our global business.

Requirements

• Excellent understanding of the Markets business across the trade lifecycle, with specific in-depth knowledge of trading
• Technical & practical experience of Spread Products traded products, having worked within a Spread Products business within the front office
• Experience across a range of international developed and emerging markets, including cash and derivative instruments
• Good awareness and understanding of the key drivers, industry challenges and opportunities for trade monitoring
• Good understanding of market abuse behaviors and roles of 1LoD, 2LoD, and 3LoD
• Experience in developing and reviewing surveillances for global trading businesses and understanding and interaction of the 1LoD
• Experience of managing and delivering end to end Regulatory Compliance within the trade monitoring area
• Experience in successfully developing, leading and completing significant multiple business change with excellent stakeholder engagement

Nice To Haves

• Experience in developing and reviewing surveillances for global trading businesses
• Experience of managing and delivering end to end Regulatory Compliance within the trade monitoring area

Responsibilities

• Manage, lead, and direct the work efforts & development of the Spread Product trade monitoring team
• Review & assess risks from the data sets and generated alerts to help manage and control the Spread Product business, and ensure escalation and impactful dialogue where required around events/scenarios
• Lead the ongoing run, enhance, and where required new build implementation of the Spread Product controls of the front office transaction monitoring operating model, to surveil trading within the Spread Product business
• Leverage structured and unstructured data sources to provide an integrated view to be able to monitor and surveil effectively
• Enhance the Spread Product strategy & controls to apply to the analytics/scenarios for uncovering insights and understanding of connection between events, trades, and orders
• Behavioral analytics and trend analysis to help uncover hidden behavioral and conduct related threats by individuals or entities (counterparty, trading desk, accounts)
• Define & manage Spread Product thematic deep dives around enhanced trade monitoring
• Analyse data across thematic issues to support thematic risk assessments or leverage their findings to read across to different areas
• Drive and evolve the Spread Product required risk metrics, alongside the other product trade monitoring heads, to ensure efficiencies are achieved and help identify emerging risks
• Work with senior management for escalation and early warnings along with gaining approval for the defined approach, plans & budget requirements

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
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree