SVP, E-Trading Risk Management – Spread Products & Equity - C14 (Hybrid)

Global Spread Products and NAM/LATAM Equities Asset Class Coverage

The E-Trading Risk Management (ETRM) Team provides Second Line of Defence (2LOD) oversight of all E-Trading activities across the firm with most of that activity occurring in Citi’s Market trading businesses (FX, Equities, Rates, Spread Products, Futures and Commodities). Working in partnership with each of the risk stripes – Market, Credit, Operational and Model Risk as well as Independent Compliance Risk Management, ETRM provides primary oversight of the firm’s adherence to its E-Trading Risk Management Framework, policy, and standards.

Reporting to the ETRM Global Head of Equities and Spread Products, this Risk Manager will provide leadership, guidance and independent review and challenge over Electronic Trading activities across the Global Spread Products and NAM/LATAM Equities Businesses.

Key Responsibilities:

The Risk Manager will collaborate with Subject Matter Experts for Asset classes, Technology and Risk groups within the ETRM team to assess the E-Trading Businesses’ compliance with the E-Trading Policy, providing guidance on best practice to achieve compliance with the E-Trading Risk Management Framework. Key responsibilities include:

• Maintain rigorous 2LOD challenge to help ensure that Spread Products and NAM/LATAM Equities E-Trading activities occur within ETRM’s Risk Management Framework and within business Risk Appetite, including:
  • Understand the inventory of Spread Products and NAM/LATAM Equities E-Trading Activities
  • Identify and categorize the risks and controls associated with all Spread Products and NAM/LATAM Equities E-Trading activities booked in Global Legal Entities
  • Review and challenge of business governance metrics used to measure the effectiveness of the implementation of risk mitigating E-Trading Controls
  • Establish new and strengthen on-going relationships with key local stakeholders, including Trading Heads and Business Managers, and partner with senior Risk colleagues to drive effective implementation of the E-Trading Risk Management Framework
  • Represent ETRM in control processes such as the E-Trading Risk & Control Council (ET RCC) & New Product Approvals when new Spread Products and NAM/LATAM Equities E-Trading Activities and Strategies are being onboarded or changed
• Work within the ETRM team to ensure the policy addresses Spread Products and NAM/LATAM Equities specific market and regulatory considerations
• Participate in key regional and Legal Entity E-Trading forums

Qualifications:

• 5+ years of related E-Trading experience in front office or risk management capacity
• Experience in one or more primary risk stripes (Market, Credit, Operational Risk, Model Risk) is preferred
• Strong knowledge of Global E-Trading specific regulation
• Demonstrated ability to challenge 1LOD in the effectiveness of their risk and control framework
• Proven track record in working with and presenting to local regulators preferred
• Excellent English written and communication skills
• Strong interpersonal and leadership skills, with the ability to influence senior management and other stakeholders to successfully implement and deliver change
• Competence in portraying complex content in a clear, concise, and compelling manner
• Experience with and solid understanding of E-Trading technology including system architecture, networks, Software Development Lifecycle (SDLC), testing and QA very desirable

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Job Family Group:

Risk Management

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Job Family:

Market Risk

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Time Type:

Full time

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Primary Location:

New York New York United States

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Primary Location Full Time Salary Range:

$176,720.00 - $265,080.00

In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibene