Client Assets, Depositor Protection - Vice President, Citi

Citi

Location:

Ireland, Dublin

Category:

Finance

Contract Type:

Not provided

Salary:

Not provided

Save Job

Apply Position

Job Description:

The role holder will be responsible for supporting the CEP and Europe Client Asset & Depositor Protection Oversight Officer to govern and oversee Client Asset & Depositor Protection activity within the business lines across CEP and European regulated entities. The individual will work full-time as part of a small team in a work setting that can accommodate a ‘hybrid’ working style, made up with a mixture of home and office work locations, but they are expected to be flexible in their approach and accommodate the needs of colleagues and key stakeholders in order to make the role a success. In addition, the role holder will support the governance of Financial Markets Infrastructure (FMIs) in Europe. Citi is committed to having a world-class control environment within its business lines and it is intended that this initiative will be demonstrable evidence of that fact.

Job Responsibility:

Support the team who manage the day-to-day governance and oversight of client asset, depositor protection and financial market infrastructure processes and controls for the European regulated entities, with a particular focus on businesses
covering Custody, Issuer Services, Wealth Private Banking and Legacy Consumer Holdings, Treasury and Trade Solutions and Sales & Trading
Assist senior team members in preparing materials for governance meetings and provide challenge where appropriate to the relevant businesses to ensure regulatory requirements are properly interpreted and Standards adhered to
Oversee and review any regulatory reports to ensure accurate and timely production and submission
Act as a skillful reporting risk and control manager
Draft and keep up-to-date all formal governance meeting Charters/Mandates and ensure committee members adhere to these terms and conditions
Ensure appropriate membership across meetings and be a key point of contact for external parties wanting to engage with the office
Act as secretary of relevant governance forums: preparation of materials, agenda management and coordination
meeting execution and minute taking
Understand, challenge where relevant and ensure adequacy of information from business partners of all levels
Assit in the development of junior members of the team
Manage FMI relationships from a risk exposure and connectivity perspective (incl. the definition of their criticality)
Map FMI relationships holistically from a service provider perspective & develop a clear view on the activities with a certain FMI across multiple business lines and locations
Recommend enhancements to European regulated entities management, businesses, and functions to address regulatory expectations on data capabilities
Partner, collaborate and work with other areas within Citi, including contributing to regional and global resolution planning exercises and documentation as required
Keep abreast of regulatory changes, new regulations and internal policy changes in order to further identify new key risk areas

Requirements:

At least 5 years’ experience in the field of financial services and/or banking - Client Asset & Depositor Protection regulatory experience a benefit
Proven exposure to and experience of governance and managing committees and Boards at a large firm with extensive reporting obligations
Proven experience of writing formal documents, reviewed by senior management and published internally or externally
Experience in or a proven understanding of how a global firm is organised
both in terms of it being a matrix-managed environment and operating under the 3 LoD model
Knowledge of FMIs requirements, policies and procedures, laws, rules, regulations, risks and typologies
Highly likely to be educated to degree level
May also have post-graduate qualifications
Ideally possessing a relevant professional qualification
Exceptional candidates who do not meet these criteria may be considered for the role provided they have the proven skills and experience
Detailed understanding of how governance frameworks and committee structures operate in a global firm
An understanding of how regulatory requirements work and how regulatory supervision works in Ireland and across Europe
Detailed understanding of the importance of governance materials and how they impact decision-making
Strong organisation and time-keeping skills
Good communication skills including articulation of complicated subjects
Detailed understanding of how to write effective papers for executives, committees and Boards
An understanding of risk concepts
control standards
and issue management
Proficient in stakeholder management and an excellent team player
Competent skills with Microsoft Office

What we offer:

Senior Management engagement: the role involves senior stakeholder engagement across the firm and each of the three lines of defence
Product and business knowledge: Citi operates a wide and diverse range of businesses, which are impacted by Client Asset, Depositor Protection and FMI regulations
as such, the role holder will have the opportunity to enhance and deepen their product and business model knowledge
Technical knowledge: support for other operations that are subject to Client Asset and Depositor Protection requirements, the role holder will be in an excellent position to gain exposure to European regulation and strengthen the firm’s position to negotiate and influence the outcome of government and regulatory oversight
Opportunity to lead, take responsibility and demonstrate capabilities
Exposure to challenging subjects/initiatives
Opportunities to grow network of stakeholders

Additional Information:

Job Posted:

March 22, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

View All Jobs In This Company

Job Link Share:

Client Assets, Depositor Protection - Vice President