Regulatory Reporting Controls - Officer

Belfast, United Kingdom
28 Jul 2022
11 Aug 2022
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
Overview of Citi:
Citi, the world leading global bank, has approximately 200 million customer accounts and a presence in more than 160 countries and jurisdictions worldwide. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Citi enables clients to achieve their strategic financial objectives by providing them with cutting-edge ideas, best-in-class products and solutions, and unparalleled access to capital and liquidity.

Team & Functional Overview:
The Operations Regulatory Control group is a centralized unit within ICG O&T that is responsible for the implementation and oversight of regulatory reporting, including exception management and risk mitigation across swap dealer reporting. The group is responsible for:
  • Implementation of new regulatory reporting initiatives and enhancements
  • Control and exception management on swap dealer reports
  • Industry level advocacy across multiple trade associations
  • Partnering across Markets to remediate regulatory issues
Role Overview:
  • Responsible for monitoring of controls, identification and root cause analysis of reporting issues, and BAU management of key deliverables for EMIR reporting
  • Oversee and ensure the day-to-day delivery of complete, accurate and timely reporting as defined by regulation and industry practice
  • Manage and oversee BAU processes for EMEA Regulatory Reporting, ensuring all reporting is completed accurately and on time
  • Run & monitor daily reporting controls; identify and provide transparency into reporting issues whilst working with key stakeholders across the business and technology to remediate any gaps
  • Conduct data analysis on large data sets to identify root causes of complex issues; work with technology and business stakeholders to produce analysis and create JIRAs and track through to completion
  • Work closely with colleagues from Operations & Technology, Compliance, Legal, Risk & Control and business unit managers to ensure transparent and aligned objectives
  • Support in addressing questions arising from regulators, compliance assurance and internal audit
  • Work with the global team lead and reporting peers in the development and execution of a global book of work delivering new regulatory requirements, higher productivity stronger controls and insightful metrics
  • Drive change process by advocating for process improvements of existing processes to reduce manual touch points and increase efficacy and accuracy
  • Attend major industry forums; monitor publications from trade associations and regulators to help ensure Citi remains complaints with the regulations
Candidate Requirements:
  • Experience/knowledge of EMIR Reporting highly desirable
  • Previous financial services experience within: regulatory reporting / capital markets middle office / OTC derivative products
  • Ability to demonstrate experience in the successful implementation of projects, operational process change and improvement, preferably within capital markets operations
  • Demonstrate experience in data mining and root cause analysis of large data sets
  • Strong Excel skills, exposure to SQL/VBA (advanced Excel) is an advantage
  • Experienced in consulting with project stakeholders, including the skills to facilitate compromises and resolve conflicting requirements.
  • Self-motivated, detail oriented well organised with strong verbal and written communication skills
  • Working knowledge of related industry practices and standards, and experience in large scale implementations
  • Experience in working across technology and business projects and managing inter-dependencies between the two
  • Proven problem-solving and decision-making skills
  • Pro-active, resilient and tenacious
  • Ability to create and deliver presentations to senior levels of management
  • Ability to work under pressure and manage to tight deadlines or unexpected changes in expectations or requirements
What We Offer:
As well as a competitive salary and consideration for a yearly discretionary bonus Citi offer;
  • 23 days paid annual leave
  • Award winning pension scheme,
  • Life assurance
  • Private medical insurance with Bupa healthcare.
In addition, we offer a competitive maternity, paternity and adoption leave scheme. We pride ourselves on our ability to offer employees a number of lifestyle benefits including; on site restaurant and coffee shops, online shopping and concierge service and subsidised clubs and societies.

Our Select benefit package offers you the opportunity to customise your benefits according to your own lifestyle preferences and includes corporate discounts, memberships and a range of additional extras.

Our vast range of diversity networks and on site multi faith room demonstrates Citi's commitment to growing a diverse workforce.
Job Family Group:
Risk Management -------------------------------------------------
Job Family:
Operational Risk ------------------------------------------------------
Time Type:
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 Accessibility at Citi .

View the " EEO is the Law " poster. View the EEO is the Law Supplement .
View the EEO Policy Statement .
View the Pay Transparency Posting

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