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Markets E-Trading Risk & Control - Real-Time Monitoring at Citi

Markets E-Trading Risk & Control - Real-Time Monitoring at Citi

Posted 5 July by eFinancialCareers
Ended
The E-Trading Risk and Controls (ETRC) team is a First-Line risk team which is part of the Markets COO function. The role will report to the EMEA Head of E-Trading Risk & Controls and the incumbent will focus on performing Real-Time Monitoring (RTM) across all relevant EMEA products/Asset Classes.

Key responsibilities of the ETRC Team
ETRC works with Markets E-Trading businesses, business CAOs, and second-line functions to implement the E-Trading Risk Framework to measure, monitor, and report on (in governance) inherent risk and residual risk. This, in turn, informs Markets compliance with risk appetite which it reported to and monitored in various senior governance forums. ETRC works with the business second line functions (e.g., Compliance and Risk), to execute on the following:
  • Governance and oversight of E-Trading businesses across Markets, which includes annual attestation/review of key E-Trading documentation, and MiFID II Annual Self-Assessment in EMEA (Market Access Rule for the US);
  • Co-ordination with the E-Trading businesses, the Manager Control Assessment, and Second Line review & challenge sessions of MCA results.
  • Project management of key markets-wide E-Trading initiatives and remediation of corrective actions arising from Regulators and Internal Audit findings.
  • Real-time monitoring of Citi's algorithmic trading activities for signs of disorderly trading.
  • Design, deliver, and maintain Market's E-Trading Controls, such as Citi's gold-source repository for strategies (algorithms) and E-Trading applications and E-Trading limits management system.
  • Lead reviews by global banking and securities regulators, Compliance testing, and Internal Audit of E-Trading business, including preparing of responses to findings and corrective action plans (as needed).
Key Responsibilities of the Role:
  • Perform Real-Time Monitoring (RTM), which involves monitoring and investigating relevant alerts from trading systems that could indicate signs of disorderly trading. For relevant alert triggers, escalate to management and second line where necessary.
  • Assist in the development of new alerts that could identify signs of disorderly trading.
  • Assist in the development of the strategic RTM tool, which includes documenting requirements and regular engagement with the development team.
  • Ensure EMEA RTM procedure is regularly reviewed and updated.
  • Perform RTM on relevant UK Bank Holidays.
  • Support periodic reviews of the in-scope activity and alert scope taking into account new applications/strategies.
  • Participate in and prepare materials for monthly/bi-monthly RTM meetings with relevant Businesses to review the RTM performance over the period.
  • Assist in cross-Market enhancement projects.
  • Develop and manage key relationships with the EMEA E-Trading Businesses, Technology, Risk and Compliance functions.
Knowledge, Experience & Skills:
  • Prior relevant E-Trading experience preferably in a trading or controls related monitoring role.
  • Strong product knowledge in FICC and Equities
  • Experience in performing a monitoring role
  • Excellent communication skills, with the ability to influence senior stakeholders.
  • Excellent project management skills with the ability to balance competing priorities.
  • Tenacious hands-on problem-solving skills.
  • Ability to work across businesses, functions, and other key stakeholders.
  • Experience in developing a monitoring tool is preferable
  • Experience in presenting in senior governance forums is preferable
We work hard to have a positive financial and social impact on the communities we serve. In turn, we put our employees first and provide the best-in-class benefits they need to be well, live well and save well.

By joining Citi London, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed), and enjoy a whole host of additional benefits such as:
  • Generous holiday allowance starting at 27 days plus bank holidays; increasing with tenure.
  • A discretionary annual performance related bonus
  • Private medical insurance packages to suit your personal circumstances.
  • Employee Assistance Program
  • Pension Plan
  • Paid Parental Leave
  • Special discounts for employees, family, and friends
  • Access to an array of learning and development resources
Alongside these benefits Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day. We want the best talent around the world to be energised to join us, motivated to stay, and empowered to thrive.

Sounds like Citi has everything you need? Then apply to discover the true extent of your capabilities.

#LI-COF
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Job Family Group:
Risk Management------------------------------------------------------
Job Family:
Business Risk & Control------------------------------------------------------
Time Type:
Full time------------------------------------------------------
Citi is an equal opportunity and affirmative action employer.

Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Citigroup Inc. and its subsidiaries ("Citi") invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi .

View the " EEO is the Law " poster. View the EEO is the Law Supplement .
View the EEO Policy Statement .
View the Pay Transparency Posting

Reference: 53035041

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