Market Conduct Risk - (Thematic Risk Assessment) Business Risk Senior Analyst - AVP

Citi- MSS

The Markets and Securities Services business at Citi provides world-class solutions to meet the needs of our corporate, institutional, government, and individual investor clients in 160 countries and territories. The breadth, depth, and strength of our underwriting, sales and trading, and distribution capabilities span across a large number of different asset classes and currencies, sectors and industries, covering a vast array of product offerings.

On trading floors located in over 80 countries, we work to enrich the relationships, products, liquidity, and technology that define our market-making presence in North America, Asia, Europe, the Middle East, Africa and Latin America.

As part of our commitments to our customers and stakeholders, the Markets and Securities Services business at Citi continues to enhance its Risk and Control function via collaboration with our revenue businesses to develop, implement and operate robust controls over Front Office activity.

This is an outstanding opportunity to join a growing, global team and influence how we operate as a company in the Risk and Controls market. What we do is unique and will provide a great opportunity to develop and grow within Citi.

Job Purpose

Markets Conduct Risk works with Markets and Securities Services (MSS) and functions including Compliance, Operational Risk and Internal Audit, to support identification, evaluation and management of conduct risks in MSS Trading and Sales businesses. The Conduct Risk Framework team is part of Markets Conduct Risk and maintains the framework used for identifying and assessing conducts risks and evaluating related controls, as well as performing thematic risk assessments and executing conduct control testing across MSS. The primary mission of the Conduct Risk Framework team is to facilitate senior management in identifying and measuring conduct risks, and evaluating and remediating related controls, thereby supporting responsible provision of financial services to clients and effective risk management for the firm. As part of the Conduct Risk Framework Team, the Thematic Risk Assessment team manages all aspects of planning, execution and reporting for a program of thematic conduct risk assessments covering MSS Trading and Sales businesses.

Key responsibilities:

This role is to perform planning, execution and reporting for thematic conduct risk assessments covering MSS Trading and Sales businesses.

Key responsibilities of the role are:

• Support ongoing monitoring of the conduct risk profile of MSS Sales and Trading businesses

• Executing thematic risk assessments, including risk identification, inherent risk assessment and control evaluation

• Maintaining strong stakeholder relationships across Front Office, Independent Compliance Risk Management and Operational Risk

• Providing robust challenge to stakeholders on conduct risks and related controls

• Supporting stakeholders in determining necessary control remediation identified through thematic risk assessments

• Provide advice on conduct risk and control matters to stakeholders across all three lines of defence

• Previous or current experience in an investment bank or Financial Services to an Investment Bank

• Understanding of how market conduct risk behaviours could arise and what type of controls should be used to mitigate risks associated with trading and sales activities

• Experience in assessing the design and effectiveness of controls.

• Knowledge of industry wide regulatory actions and conduct risk remediation programmes preferred

• Strong understanding of risk management practices, including inherent risk assessment, control evaluation and residual risk measurement

• Experience delivering execution of complex projects to challenging timelines

• Ability to deliver rigor and attention to detail in execution

• Experience of developing and maintaining effective senior stakeholder relationships

• Deploying excellent verbal and written communication skills to support impactful communication with senior stakeholders

Qualifications:

College/university education preferred, but appropriate industry experience & exceptional delivery track record is as important.