Futures & Derivatives Clearing Ops In-Business Risk & Control Hybrid
Citi · Jersey City +1 · 6d ago
Citi Markets Operations provides world class solutions to institutional, corporate, sovereign, and government clients of Citi Markets. As a Tier 1 financial institution with offices in over 80 countries, Citi Markets has an unmatched global presence and provides clients with access to the full range of capital markets products. In that capacity, Markets Operations support all post trade functions in a wide range of asset classes including Fixed Income (Foreign Exchange, Rates, Credit, Municipal Products, Cash & Derivatives); Equities (Cash Derivatives); Futures and Derivatives Clearing, FX Prime Brokerage; and Syndicates (Fixed Income and Banking).
Citi Markets is the global leader in OTC Cleared product and ranks in the top 3 global coalition tables across all products. Our client franchise is excellent, having been named 2026 Derivatives Client Clearing House of the Year by Risk.net and 2026 Client Clearing Provider of the Year by Futures and Operations World.
AVP – FDC Operations – In Business Risk and Control Officer
Citi is seeking an AVP candidate to support our Futures and Derivatives Clearing (FDC) and FX Prime Brokerage Operations business. The candidate will support the Global In-Business Risk and Control (IBR) Manager in maintaining a strong control environment and risk-aware culture within FDC Operations. The role focuses on assisting with risk identification, control monitoring, issue management, and governance activities to ensure processes operate in line with firm policies, standards, and regulatory expectations.
Responsibilities:
Risk & Control Support
- Assist in identifying inherent and compliance risks within operational processes.
- Lead process walkthroughs to understand end‑to‑end workflows, risks, and key controls.
- Help assess control design and operating effectiveness in line with firmwide control standards.
Issue & Event Management
- Support the identification, documentation, and tracking of operational control failures and risk events.
- Assist Operations teams in performing root cause analysis
- Maintain issue tracker and monitor remediation actions to support timely resolution.
- Comfortable escalating to various stakeholders, including Senior Managers
Monitoring, Reporting & Analysis
- Assist in preparing routine risk and control reporting for operations management.
- Support analysis of trends related to issues, risk events, and control performance.
Audit, Compliance & Policy Support
- Support Operations management in preparing for internal audits and regulatory reviews.
- Assist in responding to Audit or Compliance information requests by coordinating with Ops teams.
- Provide awareness of procedural changes within the operations team.
Stakeholder Engagement & Continuous Improvement
- Partner with Operations, Embedded Risk Officers, Risk, Compliance, and other control functions to support day‑to‑day risk activities.
- Participate in team initiatives focused on strengthening process governance and control resilience.
- Support ad hoc projects related to risk, controls, governance, or process improvement.
Qualifications:
- Foundational understanding of operational risk and internal controls, or strong interest in developing expertise in this area.
- Strong attention to detail with the ability to follow structured processes and standards
- Analytical mindset with the ability to identify inconsistencies, gaps, or potential risks.
- Effective written and verbal communication skills.
- Ability to manage multiple tasks in a time‑sensitive, high‑volume environment.
- Collaborative approach with a willingness to learn from senior team members.
- Working knowledge of Microsoft Office (Excel, Word, PowerPoint).
Education & Experience
- Bachelor’s degree (or equivalent experience) in Business, Finance, Risk Management, Operations, or a related field.
- 2–5 years of experience in Operations, Risk & Control, Audit, Compliance, or a related discipline preferred.
- Prior exposure to financial services operations or control environments is an advantage but not required.
- Clearing Derivatives product knowledge, a plus
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Job Family Group:
Operations - Transaction Services------------------------------------------------------
Job Family:
Securities and Derivatives Processing------------------------------------------------------
Time Type:
Full time------------------------------------------------------
Primary Location:
Jersey City New Jersey United States------------------------------------------------------
Primary Location Full Time Salary Range:
$98,960.00 - $148,440.00
In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.
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Most Relevant Skills
Please see the requirements listed above.------------------------------------------------------
Other Relevant Skills
For complementary skills, please see above and/or contact the recruiter.------------------------------------------------------
Anticipated Posting Close Date:
Sep 29, 2026------------------------------------------------------
Automated Processing and AI
We use automated processing, including artificial intelligence, for our legitimate business interests (or our reasonable and appropriate business purposes) to identify and align the candidate's skills and abilities with a specific job opening. Additionally, if you so choose, or consent, we can match your skills and abilities to other suitable roles at Citi.
Importantly, all our hiring processes and decisions, including determining your suitability for a role, are conducted, checked, and decided by individuals. Our automated processing and AI do not involve relying on automatic or autonomous decision-making. Please refer to any Jurisdictional Considerations, with specific provisions for your country (where relevant) for further details.
Illinois residents – AI Notice and Right
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