Senior Group Manager Agency Lending Operations

The successful candidate will be responsible for Operational Service supporting the Agency Securities Lending Business in partnership with the broader team. The role will require the candidate to support driving strategy across operational process and partnering with Technology to ensure that client experience across Transaction Management, Asset Services, Tax and Middle Office meets the highest standard. The role requires contribution to cost and productivity targets, driving a standardized global service designed to support organic growth and New Business, and ensuring a diverse and high calibre resource pool. The role will ensure continuity across the regional construct providing required functional expertise for our business partners. The role will have responsibility to ensure senior escalation for aspects of Agency Securities Lending Operation.Ensure you read the information regarding this opportunity thoroughly before making an application.The role may be required to represent the Agency Securities Lending Operation at internal / external forums and will support the Product / Business at Client meetings where required.The role will be at a Director (C15) level due to the high level of client focus and client interaction, in addition to the risks associated to the role.ASL transactions involve the loan of securities by a client, who owns or controls the securities, to a Borrower (or buyer in the event of a repo), who needs these securities temporarily to support trading strategies, funding needs, and settlement obligations. The ASL unit within Investor Services serves as the agent on behalf of lenders and there can be multiple lenders in one loan to a single borrower. The ASL Operations team supports new loan collateral and settlement, daily mark-to-market, return collateral and settlement, recalls, cash / position recons, contract compare, SFTR reporting, trade support, Fed coupon processing, Borrower billing, Client earnings. Custody asset Servicing supports ASL corporate action and income events.In addition the DAIS business acts as an extension of the client’s Treasury team to increase capabilities and efficiencies. The program has access to a wide range of money market instruments with varying risk, return and tenor.The ASL Operations team supports the Client cash contributions, investment subscription / redemption confirmations, wires, rate reconciliations, cash reconciliations, and earnings.Position ResponsibilitiesService Level Compliance- 100% service level compliance across all functions, in line with both external contractual agreement as well as internal Product / Business expectationFinancial Management for ASL Client Delivery, ensuring that the department manages cost targets as well as resource management.Standardization of service offering across all Operational functions, ensuring that the Client Experience is “One Custody” globally.Simplify technology across the group, with key focus on client query tooling and reporting.Drive Citi initiatives aimed at reducing the high level of touch points and queries within the Bank related to Custody processes.Continually review and enhance the Client Delivery processes in partnership with the Functional Heads and direct management team to drive positive client experience.Support the execution of any associated Location Strategy activities, ensuring that Operations remains fully compliant with all aspects of Send / Receive site requirements, whilst ensuring suitable training material and post go live support is robust and executed.Collaborate with the Productivity Office to assess and support opportunities to reduce inefficiency within the Function.Promptly recognize and act on gaps within the process control framework to ensure that the control steps across the lifecycle of the process are relevant, documented and understood within the process teams.Identify business opportunities to increase share of walletRequirementsRelevant senior experience in an Operational management environment, preferably with Agency Lending / Middle Office Operations experienceUnderstanding the Client- Experience in leading client centric / focused teams with strong background in building Service capabilities instead of query management capabilities.Experience in leading global and regional teams, across multiple time zones, including large matrix organizationsExperience in managing financials and resources associated to a global functionProblem solving, process improvement, self-starter and results orientedExperience in dealing / managing clients whilst representing an Operational function.Local regulatory and compliance familiarity to drive processes and perform according to country procedures and standardsStrong analytical skills – the ability to analyse processes and systems, evaluate data, and identify process improvementsWe offerGenerous holiday allowance starting at 27 days plus bank holidays; increasing with tenureA discretionary annual performance related bonusPrivate medical insurance packages to suit your personal circumstancesEmployee Assistance ProgramPension PlanPaid Parental LeaveSpecial discounts for employees, family, and friendsAccess to an array of learning and development resourcesWe 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 :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 energized 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-AS3Job Family GroupOperations - Transaction ServicesJob FamilySecurities and Derivatives ProcessingTime Type: Full timeMost Relevant SkillsPlease see the requirements listed above. xpwpeyx Other Relevant SkillsFor complementary skills, please see above and / or contact the recruiter.#J-18808-Ljbffr