Regulatory Control & Data Specialist - FRTB TB/BB Boundary & Firm Account Metadata

This role is part of the Global Markets In-Business Risk (IBR) function which is a Front Office 1st Line of Defense team responsible for market risk across asset classes within Citis Global Markets division. The team aims to establish a holistic understanding of market risk and capital of the aggregated trading portfolio, as well as to optimize the businesss return on capital. Global Markets IBR covers all trading businesses globally such as Rates and Currencies, Global Spread Products, Commodities, and Global Equities. The main focus of this role is as coverage for cross-asset markets business/trading activities where we are seeking a highly motivated and experienced Regulatory Control & Data Specialist to focus on the Fundamental Review of the Trading Book (FRTB) Trading Book (TB)/Banking Book (BB) Boundary and Firm Account Metadata. The successful candidate will play a critical role in ensuring compliance with existing and future regulations, enhancing control frameworks, and providing expert guidance to business stakeholders. This role will involve a blend of regulatory interpretation, data governance, and project management.

Key Responsibilities

FRTB TB/BB Boundary

Control Remediation: Review outputs from automated control processes and collaborate with business stakeholders to promptly remediate exceptions related to the TB/BB BoundaryControl Framework Enhancement: Continuously strive to improve the existing control framework, ensuring robust business compliance with both current Basel 2.5 and forthcoming FRTB regulations concerning the TB/BB BoundaryAdvisory & Guidance: Provide expert guidance to the business on TB/BB boundary matters and associated booking practices, fostering a deep understanding of regulatory requirementsRegulatory Interpretation & Implementation: Actively participate in discussions surrounding regulatory interpretative issues impacting the TB/BB Boundary and assist the business in implementing the outcomes of such interpretations with Finance and RWA/Capital teamsStakeholder Partnership: Partner closely with the business, IBR function, Price Risk stakeholders e.g. the Volcker Rule Office (VRO) and 2nd Line Market Risk, on change management initiatives related to the TB/BB Boundary, including desk definition and Limit Monitoring

Firm Account Metadata

Subject Matter Expertise (SME): Develop and maintain subject matter expertise in Firm Account Metadata and its critical impact on downstream Price Risk processes affecting the Markets businessesMetadata & Control Improvement: Collaborate with Price Risk stakeholders to improve underlying metadata quality and enhance the supporting control framework and governance processes associated with Firm Account dataData Consent Order Implementation: Assist in the implementation of the Data Consent Order framework to improve upstream processes and controls specifically for Firm Account data.

Qualifications

Required Skills & Experience

Understanding of FRTB regulations, specifically concerning the Trading Book/Banking Book BoundaryProven experience in regulatory control, compliance, or risk management within financial servicesDemonstrated ability to interpret regulatory guidance and translate it into practical business implicationsExperience with data governance, metadata management, and data quality initiatives

Desired Skills & Experience

Familiarity with Volcker Rule requirements and their interaction with trading book definitions would be idealExperience with workflow tool implementation or data remediation projectsKnowledge of Markets businesses and associated Price Risk processes

Education:

Bachelor's/University degree, Master's degree preferred

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Job Family Group:

Risk Management

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Job Family:

In-Business Risk

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Time Type:

Full time

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Most Relevant Skills

Analytical Thinking, Business Acumen, Constructive Debate, Escalation Management, Issue Management, Policy and Procedure, Policy and Regulation, Risk Controls and Monitors, Risk Identification and Assessment, Stakeholder Management.

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Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

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Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.

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