3 days old

Operations Regulatory Control Team Lead

New York, NY 10176
Operations Regulatory Control (ORC) Team Lead will be responsible for global cross-product Regulatory Reporting and Controls, with teams in NAM, EMEA, and APAC. A primary focus will be placed on key OTC derivative related regulations including Dodd Frank Title VII (CFTC/SEC), MiFID II/MiFIR, EMIR, HKMA, MAS, ASIC, JFSA, and Canada.

The team is responsible for the cross-jurisdictional Regulatory Reporting, along with the ongoing governance, oversight of reporting obligations and associated controls. This role will be responsible for overseeing engagement with internal and external stakeholders, including regulators, testing teams, and internal audit, with respect to Citis global swap and security-based swap dealing activities. The role combines specialty knowledge of CFTC, and Dodd Frank rules, CAD, MiFID, EMIR, and other global trade reporting rules (in additional to global industry standards, and regulator expectations with applied experience executing, overseeing, or assessing risk and control processes and regulatory engagement. The role offers broad exposure to senior representatives across the ICG organization, to the most senior levels of the firm, and thus requires excellent communication and presentation skills.

The successful candidate will be required to effectively manage teams both within- and outside of their direct control to ensure Citis compliance with its regulatory demands, often with significant competing deliverables and deadlines. As a result, excellence in collaboration, influencing, organizational and prioritization capabilities are key.

**Key responsibilities:**

+ Oversight and governance of regulatory implementations via KPIs, exception management processes and other related controls. Drive improvement and remediation plans via data analysis and trending, both tactical and strategic

+ Responsible for monitoring and managing BAU Reporting Exceptions across various reporting jurisdictions. Drives remediation of exceptions and data quality enhancements in ensuring accurate, complete, and timely trade reporting submission

+ Liaise closely with internal stakeholders, including Business, Legal, Compliance, Risk/Control, Operations & Technology, at all levels of seniority, to ensure transparency and strategic alignment

+ Critically assesses the controls and to drive effective identification and remediation of controls processes to manage trade reporting risks

+ Analyse new risk-related guidelines, best practice standards, rules, and regulations to drive continuous improvement of trade reporting controls

+ Regulatory risk project management ownership (business requirements, analysis, and testing) for delivery of regulatory reporting solutions

+ Significant interaction with a wide range of senior bank and risk management colleagues, as well as external stakeholders such as regulators / auditors.

+ Provide oversight for strategic O&T architectural changes via migration to new technology infrastructures such as Olympus. Ensure consistency and standardization of global processes and controls

+ Represent Citi on key industry working groups, to influence and advocate the Citi position. Manage relationships with key external vendors, including DTCC, ISDA and MarkitServ.

+ Achieve productivity and efficiency savings via process optimization, RPA etc., along with effective location strategy to enable business and regulatory growth within budget. Advocate innovation and diversity of thought for the best solutions.

**Key skills:**

Our ideal candidate would have a combination of several of the following:

+ Product Knowledge: Extensive Regulatory and/or Derivative product knowledge from at least one asset class; knowledge of trade processing life cycle and functions involved front/middle/back office Detailed knowledge of

+ CFTC SD and SEC SBSD and related global reporting regulations and associated requirements Experience addressing regulatory inquiries or designing and / or assessing SD and SBSD controls and risk processes associated with regulatory reporting

+ Proven track record of project managing process and technology initiatives in the Derivatives operations and trade reporting areas Interpersonal and Leadership: Excellent interpersonal skills to develop relationships both internally and externally

+ Provide effective development opportunities and coaching for your team. Ability to create a vision to motivate, lead and influence individuals who both do and do not directly work for you.

+ Communication: Excellent communication skills (verbal, written, presentation) and ability to tailor to all levels of seniority (internal/external) across multi-function global departments

+ Organization: Strong organizational and program management skills. Flexibility to handle changing priorities proactively. Analytical: Strong analytical and problem-solving skills. We work collaboratively to find solutions to the challenges we come across


**Job Family Group:**

Risk Management


**Job Family:**

Operational Risk


**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.

Citigroup Inc. and its subsidiaries ("Citi) invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review **Accessibility at Citi (https://www.citigroup.com/citi/accessibility/application-accessibility.htm)** .

View the "EEO is the Law (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf) " poster. View the EEO is the Law Supplement (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/OFCCP\_EEO\_Supplement\_Final\_JRF\_QA\_508c.pdf) .

View the EEO Policy Statement (http://citi.com/citi/diversity/assets/pdf/eeo\_aa\_policy.pdf) .

View the Pay Transparency Posting (https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp\_%20English\_formattedESQA508c.pdf)


Effective November 1, 2021, Citi requires that all successful applicants for positions located in the United States or Puerto Rico be fully vaccinated against COVID-19 as a condition of employment and provide proof of such vaccination prior to commencement of employment.
Citi is an equal opportunity and affirmative action employer.
Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.


Posted: 2022-05-13 Expires: 2022-06-12

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Operations Regulatory Control Team Lead

New York, NY 10176

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