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S&T Control Director

Citigroup Inc

Location: Tampa, Florida
Type: Non-Remote
Posted on: May 4, 2021
This job is no longer available from the source.
Job Purpose:
The Global Spread Products business is a global franchise with a role of intermediating spread products and its derivatives among Citi’s institutional client base.  As a GSP Governance & Controls Director, the successful candidate will be a member of the business management team within Global Spread Products with the primary focus of supporting the GSP Sales & Trading and Financing & Securitization businesses.
This person will work closely with the Senior business heads and Senior business managers to help execute the strategic goals of the Organization.  This role requires extensive interaction with multiple functions within the business and support functions at all levels, including Capital Planning, Global Risk Review, Compliance, Market Risk, Credit Risk, Finance, Operations, and Technology as well as with other Markets Businesses both in the region and globally.
Job Background/context:
This position is a new hire and will report up through the CAO office to the Co-Heads of the GSP business management team and the GSP Governance and Control Office. The successful candidate will work closely in a team environment with all levels and global counterparts across Spread Products and functional areas.
This role will work closely with all businesses within Global Spread Products.  Primary responsibilities will include assisting with business strategies and objectives, and working with cross-functional and cross-border teams including finance, client analytics, legal, compliance, operations, technology and middle office to achieve set goals.
Given the increasing industry and regulatory focus around control related tasks, this role is critical to developing and maintaining a robust control environment across multiple desks and businesses, and be a critical resource for Global Spread Products to manage its key Risks.
The ideal candidate will have 10+ years financial services experience, be a self-starter, ability to drive business initiatives and work with the Global Spread Products business management team to meet key objectives.
The role requires a knowledgeable professional who is comfortable with interfacing with the front office and support areas, working closely with them to find solutions to day-to-day business issues and driving these to a successful conclusion. The successful candidate will need to be comfortable understanding legal and regulatory documentation and utilize this knowledge to build controls for the business.
Key Responsibilities:
The successful execution of this role requires the incumbent to develop a wide range of financial, business, and inter-personal skills, the ability to multi-task, and to function comfortably amidst conflicting objectives in a high pressure environment.
• Day-to-day business management and administrative duties
• Initiate and lead short, medium and long term projects to achieve the business objectives of the division. Projects may be related to development and enhancement of key controls around Financial Risk, business and control analytics and general process improvements to enhance the Business’ control environment.
• Examine, evaluate, and analyze the processes and controls supporting GSP’s Loan portfolios and Trading positions to ensure  correct classification, interpretation and treatment determination of Capital Rules in accordance with Basel III regulations, and ensure RWA methods and results are appropriate and accurately reflected in Global Spread Products Capital calculations.
• Ensure a robust governance, oversight, and control framework exists and is in line with corporate policies & regulation
• Maintain detailed control documentation, procedures, key metrics and audit evidence.
• Working alongside the senior Business Managers, to liaise with Business Heads to produce strategic presentations for internal and external audiences, including Regulators, key internal committees and the Firm’s senior management.
• Working with the business and support areas (including Middle Office, Operations, Audit, Compliance, Finance, Technology and Legal) to ensure a robust control infrastructure is in place and to act as a key point of contact between business and stakeholders.
• Work with other Business Managers, the Regulatory Reform team, and stakeholder groups to understand and to prepare the Business for regulatory change.  Trade and client analysis are central to this function as is an understanding of legal and regulatory documentation.
• Working with support teams as required ensuring that Product, Regional, and JV projects are represented correctly and delivered in a timely manner. The projects will involve helping to integrate platforms, warehousing control documents and helping to build out any additional platform needs.
• Assist in establishment of new business lines or enhanced product offerings including processes, booking models, and systems/infrastructure.
Development Value:
• Develop a detailed understanding of the Spread Products business including products, processes, and how it operates within the larger organization
• Lead and build effective teams to achieve the departments objectives
• Develop an understanding of how to best handle conflicting priorities, and effectively allocate resources in a time pressured environment.
Knowledge/Experience:
• Experience in middle office, risk, audit ,compliance or financial control "preferred' but not required
• The ideal candidate will have 10-15 years' experience in a Risk Management discipline;
• Prior exposure to and a deep understanding of Capital Rules and principals of prudential regulation as applied to capital markets
• Fixed Income products knowledge would be advantageous, and interest in learning about complex financial instruments, transactions, and client/market interactions is essential.
• Experience within Citigroup in similar situations would be a plus
Skills :
• Excellent analytic and creative problem solving skills
• Ability to analyze and apply regulation and risk policies for banking and trading products;
• Strong communication and listening skills
• Strong interpersonal skills; ability to develop peer-like relationships with senior leaders throughout an organization
• Ability to work as part of a team and autonomously
• Focused attention to detail plus ability to see the big picture
• Collaborative, team-oriented approach to problem solving
• Project and process ownership; strong time management
• Intellectual curiosity
• Strong desire to achieve excellence
• Experience in project management and process ownership
• Advanced proficiency in Microsoft Office; experience with business intelligence tools (i.e. QlikView, Microstrategy, etc.) is a plus
Qualifications :
• Degree preferred or sufficient industry experience
• An interest in and prior exposure to capital markets, and familiarity with financial institution regulation and policies
Competencies:
• Communication & r elationship building
• Attention to detail
• Working in a team / in partnership with others
• Willingness and ability to interact with internal clients and support groups is critical to success.
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Job Family Group:
Business Strategy, Management & Administration
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Job Family:
Business Administration
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Time Type:
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