SVP OTC Clearing Technology Functional Lead C14 (HYBRID)
Jersey City, NJ 
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Posted 16 days ago
Job Description

The Futures, Clearing and FXPB (FCX) OTC Clearing Technology Functional Lead role is a senior management position responsible for the OTC Clearing Technology Functional roadmap and delivery to support the markets businesses across various global central counterparties. This involves working closely with the development team, Product Development and House businesses, as well as operations counterparts to assess their requirements, define the OTC Clearing functional strategy, front to back flows as well as functional processes. As part of the OTC Clearing functional strategy definition, this role will require assessing current data flows and processing to come up with a target state that conforms to best practices across data standards (quality, lineage) as well as a high standard of platform stability.

This is a global role managing Technologists across several locations. The role requires partnering with the rest of the FCX Technology organization and the broader corporate technology teams. The Applications Development Group Manager is a senior management level position responsible for accomplishing results through the management of a team or department in an effort to establish and implement new or revised application systems and programs in coordination with the Technology Team. The overall objective of this role is to drive applications systems analysis and programming activities.



Responsibilities:

  • Develop functional vision and strategy to support business growth and stability working closely with the Development, Product, Operations, and House business teams as well as firmwide cross-engineering teams
  • Manage/develop teams of professionals in multiple locations to accomplish established goals and conduct personnel duties for team (eg performance evaluations, hiring and disciplinary actions) as well as ensure team adheres to best practices and process. Develop vision for team around roles and responsibilities, and structure team to ensure greatest impact, efficient use of resource, and alignment to business structures
  • Deliver on an aggressive agenda and present regular team/project reviews to senior management and business leaders
  • Drive the design and development of system architecture, work with end-users of the systems, and enhance the quality of deliverables. Ensure staff follows Citi documented policy and procedures as well as maintain desktop procedures and supporting documentation for filings on a current basis and in comprehensive manner
  • Monitor and manage approach/end results, budgeting, planning, policy formation, and contribute to future strategy of the area(s)
  • Ensure change is managed with appropriate controls, documentation, and approvals including implementation of new and revised regulatory reporting requirements
  • Research and resolve issues, provide recommendations, and escalate to senior management as needed
  • Manage and maintain all disaster recovery plans, oversee appropriate testing, and provide permit-to-operate for new applications
  • Lead and deliver local staff forums, present global, regional, and location news and updates to engage team in the progress of organization
  • Contribute to defining and implementing best practices and processes for the department and ensure transparency and consistency across teams
  • Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citicorp, 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, as well as effectively supervise the activity of others and create accountability with those who fail to maintain those standards.
  • Experience in designing and building OTC Clearing platforms (preferably both agency/client as well as house)
  • Excellent knowledge of OTC Clearing business processes (including clearing, margining, billing, reg reporting and collateral management)
  • Successful track record of working in complex environments (hybrid, multi-region teams; various senior stakeholders across multiple business lines; heterogenous system architectures)
  • Excellent knowledge of system design, functional specification and process engineering best practices
  • 10+ years of relevant experience
  • 5-10+ years of managerial experience

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Job Family Group:

Technology

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Job Family:

Applications Development

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Time Type:

Full time

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Primary Location:

Jersey City New Jersey United States

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Primary Location Salary Range:

$170,880.00 - $256,320.00

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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 .

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Job Summary
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Required Experience
10+ years
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