Business Risk Officer

The Markets business continues to enhance the In-Business Risk and Control function, specifically delivering the next phases in the development of a robust framework of Front Office booking controls including pre-trade, preventative, intraday, end of day, and detective controls; also reporting of MI to senior business management and oversight committees including Legal Entity boards. Booking Controls focus on what is booked, where, and why - ensuring adherence to business, desk and individual trader mandates, also ensuring the integrity of legal entities in preventing material booking errors. Booking Controls also focus on how a trade is booked - ensuring Front Office bookings are accurate, timely and complete in order to proceed downstream and onwards to internal/external reporting and stakeholder groups. The role is part of the Markets Front Office organisation and will be a key part of the in-business risk & control team responsible for implementing specific controls within the broader Markets booking control framework. This is an exciting opportunity for a practically minded, seasoned professional with an in-depth knowledge of traded products combined with a clear understanding of Front Office trading controls. **Responsibilities**: - Engage in the scoping, design and implementation of preventative controls to ensure a complete, effective and efficient first line control framework across the range of Markets products and systems - Investigate and analyse data and process flows in order to understand the availability, meaning and suitability of data to be used in trade booking controls - Partner with 1LOD businesses to ensure compliance with relevant Firm policies/standards, also external regulatory expectations and industry standards where relevant - Perform risk based assessments and gap analyses to review inherent and residual risk associated with trade booking processes - Partner with Business and stakeholder groups including Technology and Market Risk to design and deliver booking control solutions, both strategically and tactically where required. - Perform analysis across large volumes of trade data to run proof of concepts and define effective rules based exception logic - Lead risk based assessments and gap analyses to review inherent and residual risk associated with trade booking processes - Perform analysis of trade data and presentation of methodology to the business to facilitate the annual review of thresholds for price and size preventative booking controls - Implement plans to continuously evolve control framework including ongoing migration of detective controls to become preventative - Work with Audit and other Control groups to drive forward control enhancement initiatives, and investigate control failures. - Embed new controls into business and legal entity dashboards and Manager Control Assessments (MCA) - Ensure that relevant booking control standards and control documentation are kept up to date, and booking practices are considered as businesses introduce new products or changes. **Qualifications**: - Relevant industry experience preferred in Global Markets within business management, operational risk, middle office, technology, product control or other relevant control function - Change Management experience, including governance framework and reporting - Effective negotiation and relationship skills - A proactive and “no surprises” approach in communicating issues and strength in sustaining independent reviews - Proven track record in collaboration across different businesses, regions and/or support functions - Excellent communication skills, often at a senior level - Global mindset, with regional and global product understanding - Strong problem solving and analytical skills - Advanced Excel and strong database analysis/management skills - SQL and database query running, an advantage **Education**: - Undergraduate degree - **Job Family Group**: Risk Management - **Job Family**: Business Risk & Controls - **Time Type**: Full timeCiti 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. View the "**EEO is the Law**" poster. View the **EEO is the Law Supplement**. View the **EEO Policy Statement**. View the **Pay Transparency Posting