This role is specifically to perform Business Execution activities for the Counterparty Trading & Risk (CTR) team which is a cross product global business including XVA Trading, In-Business Risk Credit Risk Mgmt and Capital Advancement. The XVA Trading team includes 6 Volcker trading desks covering all Markets products with traders located in London, NY, Houston, Paris and Singapore. This role will require interaction with senior leaders in the Markets business and multiple partners in Market Risk, MQA, IT, Finance, Compliance and others. The Business Execution team for CTR includes people in London, Belfast and New York and works closely with others in the broader Markets COO team including other product areas, risk & control, transformation.General Job DescriptionThe Business Unit Manager is a senior management-level position responsible for accomplishing results through the management of a professional team or department. The team drives the overall administrative activities of the business. These tasks may include managing external audits, business continuity activities or addressing regulatory issues. The Business Unit Manager coordinates and manages activities such as the tracking of business financials, employee headcount and other administrative needs and ad hoc projects as necessary.Responsibilities:Drive administrative, operational, reporting and quality improvements through partnership with internal teamsManage financial control by applying a comprehensive understanding of the department Profit & Loss (P&L), including appropriate accruals, client allocations, the impact of capitalization, recovery and fixed price contracts in order to improve operational efficiency and productivityResponsible for all cross product technology, regulatory and administrative duties in conjunction with the team, including financial, staffing, quality, risk and regulatory mattersExecute vendor management activities, including ensuring legal requirements are met and coordinating contract negotiation and processingProvide oversight of the Business Critical Milestone Reporting process and other reporting processes to ensure quality, efficiency and accuracyEnsure headcount is accurate, real estate is inventoried and planned, and onboarding and termination of resources are managedWork with Technology leadership to support the Business People strategy as well as the Communication strategy for the departmentAppropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.Qualifications:10+ years of experience in financial servicesExperience working in global and complex settings with multiple stakeholdersKnowledge of Markets processes and technology, including Profit & Loss (P&L), accruals, client allocations, capitalization, recovery and fixed price contractsProven ability to work in a team of diverse skill sets and culturesProven ability to work in high-pressure, time-sensitive environmentsConsistently demonstrate clear and concise written and verbal communicationKnowledge of derivatives would be a plusEducation:Bachelor's degree/University degree or equivalent experience------------------------------------------------------Job Family Group:Business Strategy, Management & Administration------------------------------------------------------Job Family:Business Administration------------------------------------------------------Time Type:Full time------------------------------------------------------Primary Location:New York New York United States------------------------------------------------------Primary Location Full Time Salary Range:$176,720.00 - $265,080.00In addition to salary, Citi's offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.------------------------------------------------------Anticipated Posting Close Date:May 13, 2024------------------------------------------------------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 reviewAccessibility at Citi.View the "EEO is the Law" poster. View theEEO is the Law Supplement .View theEEO Policy Statement .View thePay Transparency Posting
