Business Unit Manager / Risk & Control Officer

Locust Valley, New York
Citi

The Securities Services business provides critical post-trade services by leveraging Citis local and global presence to deliver a market leading platform. We have the largest proprietary sub-custody network in the industry and provide a wide array of financial solutions for clients including: securities clearance and safekeeping via a global custody network, fund accounting and administration, and middle office outsourcing. Our business lines include Global Custody (GC), Global Fund Services (GFS), and Direct Custody and Clearing (DCC).

The Business Associate is a senior level position responsible for the overall administrative activities of a business. These tasks may include managing external audits, business continuity activities or addressing regulatory issues. The Business Associate may coordinate and manage activities such as the tracking of business financials, employee headcount and other administrative needs as necessary. May manage ad hoc projects as requested.

• Key Responsibilities:

• Lead regional implementation of Global Risk & Control projects
• Coordinate and support the Quarterly Risk Assessments of Securities Services MCAs of 8 countries in the Americas
• Manage LATAM Securities Services Entity Governance of all LATAM MCAs units
• Support and oversee key policy and regulatory requirements, working with country business and cross functional teams to ensure consistent MCA implementation
• Provide constructive challenge of front office and support functions to ensure effective execution of first and second lines of defense
• Lead regional implementation of Global Risk & Control projects
• Represent LATAM and coordinate in global Risk and Control forums
• Ensure timely escalation, management and reporting of control issues with transparency
• Support Lead BMs in Internal Audit, Compliance Assurance and Regulatory reviews to ensure fair and accurate assessments and consistent outcomes
• Define and manage key control metrics, identify emerging issues and coordinate/lead corrective action plans
• Drive financial deliverables including monthly forecasts, the annual investment process, client reporting and ad hoc requests
• Advance organization/people strategy goals including talent strategy and employee engagement initiatives
• Participate in People Engagement Working Group and promote Voice of the Employee (VOE) communications
• Additional duties as assigned.

• Qualifications:

• The successful candidate will have broad-based experience in global markets businesses across all asset classes, ideally in Risk, Audit, or Control functions
• Consistently demonstrates clear and concise written and verbal communication skills
• Experience in operational risk management, including identifying and reporting on key risks, controls and metrics
• Change management experience, ability to enhance / automate control processes
• Attention to detail and accuracy
• Highly organized and efficient at prioritizing tasks
• Fast-thinking; able to quickly identify the root of an issue
• Ability to work as part of a team as well as individually with minimal supervision
• Excellent Microsoft Office skills and be an advanced user of MS PowerPoint, Excel and Project
• Ability to lead, energize, communicate and work efficiently across a global organization
• Demonstrated strong business maturity and leadership ability in past roles
• Operate in an environment that is dynamic, fast-paced, requires creative solutions, quick thinking, multi-tasking, high energy and timely turnaround
• The ability to bring together people / processes from different businesses, regions and support functions
• Global mindset, with regional/product understanding

• Education:

• Bachelors/University degree or equivalent experience, potentially Masters degree

• Knowledge/Experience:

• 6-10 years of experience understanding of the regulatory environment within which Citi operates
• Fluent in English
• Proficiency with Microsoft Word, Excel, PowerPoint, SharePoint

This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.

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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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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.

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