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Markets E-Trading Risk & Control - Real-Time Monitoring Lead

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Citi

8d ago

  • Job
    Full-time
    Mid Level
  • Banking & Finance
  • London

Requirements

  • 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
  • Experience in managing, training, and coaching
  • Experience in developing a monitoring tool
  • Excellent communication skills, with the ability to influence senior stakeholders.
  • Experience in presenting in senior governance forums.
  • Excellent project management skills with the ability to balance competing priorities.
  • Proven record of designing and implementing controls and remedial action plans.
  • Tenacious hands-on problem-solving skills.
  • Ability to work across businesses, functions, and other key stakeholders.

Responsibilities

  • 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 that could indicate signs of disorderly trading. For relevant alert triggers, escalate to management and second line where necessary.
  • Lead the development of new alerts that could identify signs of disorderly trading.
  • Lead the program to develop the strategic RTM tool, which includes documenting requirements, regular engagement with the development team and chairing the internal RTM governance meeting
  • Ownership of the EMEA RTM procedure, ensuring it is regularly reviewed and updated.
  • Ownership and responsibility of managing the EMEA RTM rota to ensure there is sufficient coverage, including relevant UK Bank Holidays.
  • Ownership and responsibility of periodic reviews of the in-scope activity and alert scope taking into account new applications/strategies.
  • Host monthly/bi-monthly RTM meetings with relevant Businesses to review the RTM performance over the period.
  • Coach and manage other dedicated members of the EMEA RTM team.
  • Provide oversight and project management of key E-Trading initiatives and remediation of cross-Market enhancement projects for the EMEA region.
  • Develop and manage key relationships with the EMEA E-Trading Businesses, Technology, Risk and Compliance functions.

Finance
Industry
10,001+
Employees
1998
Founded Year

Mission & Purpose

Citigroup Inc. or Citi is an American multinational investment bank and financial services corporation headquartered in New York City. Citi's operation is to provide financial services that enable growth and economic progress. Core activities are safeguarding assets, lending money, making payments and accessing the capital markets.

Benefits

  • Live Well, Stay Healthy

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  • Paid parental leave

    We believe all parents deserve time to adjust to parenthood and bond with the newest members of their families. That’s why in early 2020 we began rolling out our expanded Paid Parental Leave Policy to include Citi employees around the world.

  • Save well, for now and your future

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  • Keep learning

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  • Be well, take time off

    We have a variety of programs that help employees balance their work and life, including generous paid time off packages.

  • Support Your Community

    We offer our employees resources and tools to volunteer in the communities in which they live and work. In 2019, Citi employee volunteers contributed more than 1 million volunteer hours around the world.