At a Glance
- Tasks: Join our team to enhance risk and control functions in a dynamic financial environment.
- Company: Citi is a global leader in financial services, committed to diversity and employee well-being.
- Benefits: Enjoy hybrid work options, generous holidays, private medical insurance, and continuous learning opportunities.
- Why this job: Make a real impact in a growing global market while developing your skills in risk management.
- Qualifications: Undergraduate degree required; strong communication and analytical skills are essential.
- Other info: Citi values diversity and offers a supportive workplace for all employees.
The predicted salary is between 36000 - 60000 £ per year.
With a growing presence, our team in Belfast is a key part of the Citi Markets global organisation delivering world-class solutions to meet the needs of our corporate, institutional, government, and individual investor clients in 160 countries and territories. We offer meaningful careers for individuals from a wide range of backgrounds and disciplines; our diversity is our strength and our people, our greatest asset. Our roles provide challenge and progression, working in an exciting and growing global Financial Markets organisation based in Belfast.
In view of heightened expectations from regulators and to ensure a strong and consistent global control environment, the Markets business continues to enhance the Risk and Control function. This role will assist in the build and running of a fully functioning risk and control 'run the bank function' centred around booking model and trading mandate controls. This will include implementation and operating of strategic solutions to enhance and monitor controls and to ensure compliance with regulatory requirements and with firm Policy and Standards (e.g. legal entity authorisation, usage and trading book oversight controls) through the development/enhancement and implementation of efficient control and supervisory tools. A key focus of this role will be the proper set up, and running, of appropriate processes to support and develop the control framework. This is an exciting opportunity for a practically minded professional with a basic knowledge of Markets business products combined with an interest in front office risk & controls to make a difference and run our Global Markets business for the future. The incumbent will work with the Business and various other groups including Technology, Market Risk and Finance to deliver on the strategic.
Responsibilities:
- Assisting in the operating of our suite of various Front Office Controls to provide effective monitoring and oversight of trading activity (e.g. controls over trading books (i.e. firm accounts) and compliance with legal entity booking authorities)
- Ongoing review of existing controls capabilities with the development and/or enhancement of tactical interim tools and input into the design of strategic monitoring solutions in line with our future vision
- Assist in the timely reporting of risk and subsequent resolution and/or escalation of issues
- Driving innovative analysis and providing regular updates on management of risks and issues
- Risk based assessments to identify significant operational and regulatory risks with associated Front Office processes and the design and implementation of effective and efficient controls to mitigate these
- Developing communication and similar material for presentation to a wide variety of audiences from stakeholders, peers and management
- Identification of control gaps and enhancements to our control environment
- Identification and subsequent implementation of process improvement opportunities.
Qualifications and skills required or skills to be developed within the role:
- Undergraduate degree required.
- Good influence management and relationship skills
- Knowledge of global markets traded products including downstream processing practices and related control principles a positive
- Excellent written and verbal communication and interpersonal skills
- Effective negotiation skills, a proactive and "no surprises" approach in communicating issues and strength in sustaining independent reviews
- Global mindset, with regional/product understanding
- Strong analytical and problem solving skills.
- Good with MS Office applications (Excel, Word, PowerPoint)
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.
Business Risk Manager - Citi employer: Citi
Contact Detail:
Citi Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Risk Manager - Citi
✨Tip Number 1
Familiarise yourself with the specific risk and control frameworks used in financial markets. Understanding how these frameworks operate will help you demonstrate your knowledge during interviews and discussions with potential colleagues.
✨Tip Number 2
Network with professionals already working in risk management or financial markets. Attend industry events or join relevant online forums to connect with individuals who can provide insights into the role and potentially refer you to opportunities at Citi.
✨Tip Number 3
Stay updated on current trends and regulatory changes in the financial markets. Being knowledgeable about recent developments will not only enhance your understanding but also show your commitment to the field during interviews.
✨Tip Number 4
Prepare to discuss your analytical and problem-solving skills with concrete examples. Think of situations where you've successfully identified risks or implemented controls, as this will be crucial in showcasing your fit for the Business Risk Manager role.
We think you need these skills to ace Business Risk Manager - Citi
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the Business Risk Manager role. Focus on your knowledge of global markets, risk management, and any previous roles that involved compliance or control functions.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the position and the company. Mention specific aspects of Citi's values and how they resonate with you, particularly their commitment to diversity and community impact.
Showcase Analytical Skills: Provide examples in your application that demonstrate your strong analytical and problem-solving skills. Highlight any relevant projects or experiences where you successfully identified risks and implemented effective controls.
Highlight Communication Abilities: Since excellent written and verbal communication is crucial for this role, include instances where you've effectively communicated complex information to diverse audiences. This could be through presentations, reports, or stakeholder engagement.
How to prepare for a job interview at Citi
✨Understand the Role
Make sure you have a solid grasp of what a Business Risk Manager does, especially in the context of Citi's Markets business. Familiarise yourself with key responsibilities like monitoring trading activity and compliance with regulatory requirements.
✨Showcase Your Analytical Skills
Prepare to discuss your analytical and problem-solving skills. Be ready to provide examples of how you've identified risks and implemented effective controls in previous roles or projects.
✨Demonstrate Communication Skills
Since the role involves developing communication materials for various audiences, practice articulating complex ideas clearly and concisely. Think of examples where you've successfully communicated with stakeholders or management.
✨Highlight Your Relationship Management Abilities
Citi values good influence management and relationship skills. Prepare to discuss how you've built and maintained relationships in past roles, particularly in high-pressure environments.