Markets Front Office Preventative Controls

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, and 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 devising and delivering a multi-phase program of booking controls. 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**: - Integrate and partner with project manager and implementation lead to input and shape governance framework for new controls. - Manage the end to end delivery of preventative controls, including preparation of Business Requirements Documents, perform review against functional specifications, and oversee user acceptance testing and implementation of controls. - Partner with Business to produce communications and guidance around controls go-live for relevant stakeholder groups, including preparation of guides and providing walkthroughs. - Develop and catalogue process documentation and training/ guidance for each business - Operate a robust feedback model between identified T0 and preventative controls - Establish and maintain a comprehensive inventory of established controls - Partner with 1LOD businesses to ensure compliance with relevant Firm policies/standards, also external regulatory expectations and industry standards where relevant - Lead risk based assessments and gap analyses to review inherent and residual risk associated with trade booking processes - Manage and support each business to complete annual threshold/ tolerance reviews and look to enhance this by way of establishing a more effective framework, e.g. dynamic thresholds - Perform analysis across large volumes of trade data to run proof of concepts and define effective rules based exception logic - 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 is kept up to date, and booking practices are considered as businesses introduce new products or changes. **Knowledge Experience & Skills**: - Relevant industry experience preferred in Markets or ICG in-business management, operational risk, middle office, product control or other relevant control function - Depth of experience in establishing a governance framework and principles - Proven ability to successfully lead a team - 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 up to senior level - Global mindset, with regional and global product understanding - Strong problem solving and analytical skills - Advanced Excel skills **Qualifications**: - Undergraduate degree.**Job Family Group**: Risk Management - **Job Family**: Business Risk & Controls - **Time Type**: Full time - 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. View the "**EEO is the Law**" poster. View the **EEO is the Law Supplement**. View the **EEO Policy Statement**. View the **Pay Transparency Posting