OverviewSenior Group Manager Agency Lending Operations - Director at Citi. The successful candidate will be responsible for operational service supporting the Agency Securities Lending (ASL) business in partnership with the broader team. The role requires driving strategy across operational processes and partnering with Technology to ensure the client experience across Transaction Management, Asset Services, Tax and Middle Office meets the highest standards. The role contributes to cost and productivity targets, drives standardized global service to support organic growth and new business, and ensures a diverse and high-calibre resource pool. The role provides continuity across the regional construct with required functional expertise for business partners and has responsibility to ensure senior escalation for aspects of ASL Operations.The role may represent the ASL Operation at internal/external forums and will support the Product/Business at client meetings where required. The role is at a Director (C15) level due to high client focus and interaction, in addition to associated risks.ASL transactions involve the loan of securities by a client to a Borrower (or buyer in the event of a repo), and the ASL unit serves as the agent on behalf of lenders. The ASL Operations team supports new loan collateral and settlement, daily mark-to-market, return collateral and settlement, recalls, cash/position recons, contract compare, SFTR reporting, trade support, Fed coupon processing, Borrower billing, Client earnings. Custody asset servicing supports ASL corporate actions and income events. The DAIS business extends the client\'s Treasury capabilities with access to money market instruments and varying risk, return and tenor. The ASL Operations team supports client cash contributions, investment subscription/redemption confirmations, wires, rate reconciliations, cash reconciliations, and earnings.Position ResponsibilitiesService Level Compliance – 100% service level compliance across all functions, in line with external contractual agreements and internal Product/Business expectationsFinancial management for ASL client delivery, ensuring cost targets and resource managementStandardization of service offering across all operational functions to deliver a global “One Custody” client experienceSimplify technology across the group, focusing on client query tooling and reportingDrive Citi initiatives to reduce touch points and queries within Custody processesContinuously review and enhance client delivery processes with Functional Heads and management to improve client experienceSupport execution of Location Strategy activities, ensuring compliance with site requirements and robust post-go-live training and supportCollaborate with Productivity Office to identify and implement opportunities to reduce inefficiencyIdentify gaps in process control framework and ensure steps are relevant, documented and understoodIdentify business opportunities to increase share of walletRequirementsRelevant senior experience in an operational management environment, preferably with Agency Lending/Middle Office Operations experienceUnderstanding of client experience and ability to lead client-centric teams with service capability focusExperience leading global and regional teams across multiple time zones, including large matrix organizationsExperience managing financials and resources for a global functionProblem solving, process improvement, self-starter and results orientedExperience dealing with and managing clients while representing an operational functionLocal regulatory and compliance familiarity to drive processes and adhere to country procedures and standardsStrong analytical skills to analyse processes and systems, evaluate data, and identify process improvementsWe offerWe work hard to have a positive financial and social impact on communities we serve. Citi puts employees first and provides benefits to help them be well, live well and save well. By joining Citi London, you will be part of a business casual workplace with a hybrid model (up to 2 days at home per week) and a competitive base salary with benefits such as:Generous holiday allowance starting at 27 days plus bank holidays; increasing with tenureDiscretionary annual performance-related bonusPrivate medical insurance packagesEmployee Assistance ProgramPension PlanPaid Parental LeaveSpecial discounts for employees, family, and friendsAccess to learning and development resourcesEquality, diversity and inclusion: Citi is an equal opportunity employer. Qualified candidates will receive consideration without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other characteristic protected by law. If accommodation is needed to use our tools or apply for a career opportunity, Citi provides accessibility support. View Citi’s EEO Policy Statement and the Know Your Rights poster.Job DetailsTime Type: Full timeJob Function: Finance and SalesIndustries: Banking, Financial Services, and Investment Banking
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