Securities & Derivatives Group Manager

Overview

Markets Operations Belfast Overview:
Our Operations groups are core to the success of the Markets business. We support a wide range of internal stakeholders including Front Office Sales and Trading Desks, Compliance, Legal, Finance and HR; alongside having significant interaction with external clients, playing a key role in the overall client experience. A role within Markets Operations means you will have a truly global reach, in a supportive environment which will provide you with new experiences and development opportunities in Belfast’s Titanic Quarter.

You can play an important part in transforming and simplifying our operating model, creating an exciting environment which encourages diversity of thought and inclusion within an organisation that authentically values and invests in its people.

Citibank is seeking an experienced and motivated Senior Vice President (SVP) to manage a key team within its EMEA Derivative Operations group in Belfast. This is a critical management role responsible for the day-to-day leadership of the team, ensuring the successful execution of operational tasks, and upholding robust risk and control frameworks. The SVP will be responsible for the team s performance in end-to-end processing of derivative settlements transactions, ensuring adherence to regulatory requirements, and promoting a culture of continuous improvement.

This role requires a strong background in financial services operations, a detailed understanding of the derivatives lifecycle, and proven capabilities in team leadership, process improvement, and operational risk management.

• Execute Strategic Initiatives: Contribute to the global strategic roadmap for the Derivative Settlements platform (Oasys) by leading the implementation of key initiatives within your team, ensuring alignment with broader business objectives and local operational requirements.
• Optimize Team Structure and Service: Manage and refine your team s functional alignment to deliver client service excellence, ensuring processes are efficient and roles are clearly defined to meet and exceed service level agreements.
• Drive a Culture of Continuous Improvement: Foster a culture of innovation within the team by identifying and implementing opportunities for automation, process simplification, and efficiency gains in the day-to-day workflow.
• Manage Stakeholder Relationships: Build and maintain strong relationships with key partners in Technology, Risk, and global operations teams. Represent the Belfast Derivatives Settlements team in operational and project-based discussions to ensure your team s requirements are met and objectives are aligned.
• Enable Transformation Projects: Manage the team s participation and execution of transformation projects, applying process re-engineering and technology solutions to improve the team s efficiency, scalability, and control environment.

• Oversee the end-to-end processing of derivative payments, ensuring accuracy, timeliness, and completeness across OTC product types
• Leverage data analytics and capabilities to identify potential efficiency and capacity generation.
• Manage operational teams, providing clear direction, performance expectations, and professional development opportunities.
• Implement and monitor key performance indicators (KPIs) and service level agreements (SLAs) to ensure operational targets are met or exceeded.
• Ensure compliance with all internal policies, external regulations, and industry standards related to derivative payment processing.

• Establish and maintain a strong risk and control environment, identifying potential operational, regulatory, and reputational risks.
• Design, implement, and monitor robust controls, proactively addressing control gaps and enhancing existing frameworks.
• Lead incident management processes, ensuring timely escalation, resolution, and root cause analysis of operational issues.
• Partner with Risk, Internal Audit, & Compliance to ensure full adherence to regulatory requirements and internal governance.

• Education:
  • Bachelor s degree in Finance, Business Administration, Economics, or a related field required.
  • Master s degree (MBA) or relevant professional certifications (e.g., CFA, PMP) preferred.
• Experience:
  • Significant experience in financial services operations, with experience in a leadership role overseeing derivative operations or payment processing.
  • Extensive knowledge of derivative products (e.g., Swaps, Options, Futures, Forwards) and their lifecycle, including payments, confirmations, and settlements.
  • Data analytics and low code capability experience including Appian, Tableau deployment
  • Demonstrated experience in leading large-scale transformation programs and managing significant organizational change.
  • Proven expertise in establishing and managing strong risk and control frameworks within a regulated environment.
  • Global experience preferred,…