Markets Transformation Program Manager

Citigroup Inc., City of Westminster

Markets Transformation Program Manager

Salary Not Specified

Citigroup Inc., City of Westminster

  • Full time
  • Permanent
  • Remote working

Posted 2 weeks ago, 16 Oct | Get your application in now before you miss out!

Closing date: Closing date not specified

job Ref: 66bc4a4967ed40b2ac975c42d9f271de

Full Job Description

The team is currently recruiting for a Managers Control Assessment (MCA) Project Manager at SVP level to take a lead role as part of the Markets Operations Transformation team. The candidate will support the Markets Operations team to lead the extensive redesign of the MCA Project to holistically and systematically identify and address gaps across all key components of the MCA lifecycle. Initial functional scope of this role will include MCA Project management for Markets Operations but may be subject to change as a result of business priorities, budgets and overall transformation priorities. What you'll do;

  • Lead and oversee the strategic direction, development and implementation of MCA policy and standard requirements
  • Implement MCA governance model, create Project plans, track and report. Coordinate gap analysis and drive remediation plans for Markets Ops
  • Partner with Markets Ops team and Risk and Control teams to assess gaps and identify remediation plans
  • Strong understanding of Enterprise Wide Risk Management framework and Risk and Control processes
  • Responsible for the day to day management of executing to milestones and budget on multiple complex projects.
  • Manage multiple teams or a functional area (depending on size of business).
  • Identify stakeholders and key organizations in order to build and manage relationships with each.
  • Direct the creation of multiple work projects and manage their alignment to business goals.
  • Lead the facilitation, coordination, and arbitration of cross-functional macro level topics within/across projects and with Senior Management.
  • Lead the identification and drive resolution of issues, including those outside established projects of work.
  • Work with stakeholders to ensure project scope definition meets business objectives.
  • Work with Project Sponsor to ensure business case/cost benefit analysis is in line with business goals.
  • Drive adherence to project processes, procedures, methods, and standards for project delivery and leverage across the project.
  • Assist project team in negotiating for resources owned by other departments in order ensure the project can be completed.
  • Ensure funding has been approved for the program.
  • Ensure all areas of the program are appropriately staffed.
  • Direct the communication of status, issue, and risk disposition to all stakeholders, including senior management, on a timely basis.
  • Direct the identification of risks which impact project delivery and ensure mitigation strategies are developed and executed when necessary.
  • Escalate program risks to the Program Director, or Program Sponsor, when appropriate.
  • Apply comprehensive understanding of concepts and procedures within own area and basic knowledge of other areas to resolve issues that have impact beyond own area.
  • Exercise shared responsibility for budget, policy formulation and planning.
  • Evaluate subordinates' performance and makes recommendations for pay increases, promotions, terminations, and other personnel actions.

    Previous relevant experience
  • Demonstrate a consistent track record having worked with Transformation as a Business Analyst, Project Manager managing teams and delivery on large, strategic cross-functional Projects.
  • Strong working knowledge of Global Markets and Global Markets Operations
  • Prior Risk and Control Project Management and Governance experience a plus
  • Education:
  • Bachelor's/University degree, Master's degree preferred

    Citi is undergoing a Transformation to modernize and simplify the bank. We're raising the bar and taking the opportunity to reevaluate the way we do business. This includes fostering a culture of curiosity and excellence and shifting our mindset to be simpler and data driven, making Citi an easier place to work and improving client experience. If you're ready to be at the forefront of Transformation while taking your career to the next level, we invite you to come and join us!
  • Success Profile As one of the world's most global banks, Citi gives you the tools to make a difference. Through Transformation, we're building the future of the bank and shaping the banking industry. Citi employs over 220,000 individuals located around the world, encompassing a broad range of teams, roles, cultures and backgrounds. Some of the skills that will make you successful in this role include:
  • Cross-Functional Collaboration
  • Credible Challenge
  • Risk Management
  • Data and Results Driven
  • Accountable
  • Adaptable, Citi Market Operations is currently at a pivotal point in its evolution and journey to implement a target operating model. We take pride and are passionate about our People and our culture. We are invested in people and their development. We are transforming and simplifying our operating model creating an exciting environment which encourages diversity of thought and inclusion.
  • We are a dynamic, global and diverse Organisation, with a presence in over 60 Countries; covering all post execution Operations teams including product aligned Middle Office groups, Settlements, Margin, Asset Servicing, Listed Derivative & Commodities Operations. We support an extensive range of Capital Markets products and services including Fixed Income (FX, Rates, Credit, Muni, Cash and Derivatives) where Citi is consistently a dominant top 3 player in the market, Equity (Cash, Derivatives, Prime Brokerage, Futures, Listed Derivs, FXPB) where Citi has a significant growth Programme to continue to build out its capabilities and services; and Syndicates where we support both FI and EQ new issues and IPOs. Markets Operations at Citi has embarked on a significant, multi-year transformation covering all aspects of designing and delivering a future state target operating model: risk and controls, regulatory compliance, process re-engineering, automation, people and culture, data transformation, technology investment and client service. This is a large and complex undertaking. The Markets Operations Transformation team has been formed to support stakeholders both within Operations and across the bank, to design and deliver this multi-year transformation roadmap. Our transformation is underpinned by strategy, investment, change execution and a market-leading operations change delivery team focusing on Programme and Project management, business analysis, process re-engineering, low code application development and PMO., "By joining Transformation, you will be at the center of driving change at Citi. You'll help us lay the foundation to make this a better place to work and do business by implementing sound risk and controls. This team will give you a launchpad of endless opportunities to grow as a professional and challenge yourself while working across various functions.", "Data Transformation is a great area to be a part of at Citi. Data is at the heart of our business and ensuring that our data is of good quality with clear ownership is imperative to our success.", "This is an exciting area to work in at Citi! Being part of Transforming a 200+ year-old institution is a once in a lifetime opportunity. This is relatively new work, so not only you can learn new skills and get exposure, but you can play a pivotal role in shaping the Citi of the future."

    By joining Citi Belfast, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed), and enjoy a whole host of additional benefits such as:
  • Generous holiday allowance starting at 27 days plus bank holidays; increasing with tenure
  • A discretional annual performance related bonus
  • Private medical insurance packages to suit your personal circumstances
  • Employee Assistance Program
  • Pension Plan
  • Paid Parental Leave
  • Special discounts for employees, family, and friends
  • Access to an array of learning and development resources
  • Alongside these benefits 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.