Head of Markets Employment Opportunity – Citi Bank
Job Title: Head of Markets
Organisation: Citi Bank
Duty Station: Kampala, Uganda
About US:
Citigroup is today’s pre-eminent financial services company and was built to create a highly diversified financial services company that could act as one to deliver solutions to clients throughout the world. With the most diverse array of products and the greatest distribution capacity of any financial firm in the world, our employees manage 200 million customer accounts across six continents in more than 100 countries. Citi works tirelessly to provide consumers, corporations, governments and institutions with a broad range of financial services and products. We strive to create the best outcomes for our clients and customers with financial ingenuity that leads to solutions that are simple, creative and responsible.
Job Summary: The Head of UG Markets is a key partner to the country leadership in UG, creating a country strategy and cross product delivery of the wider franchise. The role is responsible for proposing and supporting our overall Markets and Security Service client strategy, across segments: Corporates, Public Sector ,Banking and Non-Banking Financial Institutions, coordinating with the CCO, Banking, Independent Risk and Finance, while also monitoring and managing the various Markets risk taking activities performed in the country, through the dedicated specialists (local markets traders, and RT managers). The Head of UG Markets is responsible for managing and leading senior level Markets related regulatory relationships in the country and for maintaining a strong governance, compliance, risk and control environment. The role is also responsible for leading a diverse team who play a key part in creating a strong risk management discipline, client service delivery and culture. A key part of the role will be in driving a revenue growth strategy that reflects the market opportunities in the country. A primary objective over this time horizon for the UG Head of Markets will be to leverage off the strongly established FXLM franchise, to expand the whole suite of Markets and Security Services products and solutions to the customer base in the Region.
Key Duties and Responsibilities:
Leading and Implementing Country Business Strategy:
- Developing a coordinated country strategy across the Markets and Securities Services products to ensure optimal client alignment
- Managing senior external interfaces with Markets related Regulators, market data, and industry groups, peers
- Represent the Markets and Securities Services franchise throughout Citi
- Drives client value by leading reviews of resource allocation and prioritization for country and cross product business initiatives
- Maximises organizational execution of key initiatives and business review processes
Leading Strong Governance and Controls:
- Creates appropriate governance, controls and compliance including a culture of expense management discipline
- Builds a culture of responsible finance
- Works in close partnership with control functions to ensure appropriate governance and control infrastructure
- Ensures close partnership with Compliance to lead productive interaction and dialogue with key regulators
- Ensures partnership with Finance to deliver the annual financial planning / budgeting process
- Leads across products to facilitate optimal resource allocation decision making by product and client segments
Human Capital Management:
- Leads the UG Markets People Strategy including talent reviews for critical roles
- Partners with HR and regional product heads to ensure the people strategy and organizational capabilities are aligned to business strategy
- Ensures cross-product oversight and governance of headcount, hiring and workforce planning
- Provides direction and oversight of talent processes that underpin our meritocratic and high performance culture, including; compensation, promotion, junior talent pipeline (MAs, Analysts and Associates), internal mobility, talent reviews and succession planning
Qualifications, Skills and Experience:
- The applicant for the Citi Bank Head of Markets job placement should preferably hold a Degree level qualification or equivalent.
- Accounting, Economics, Engineering, Business, Finance and similar degrees.
- Candidates with MBA, CFA or similar further degrees will be accorded due preference.
- In-depth experience of Citi’s Markets and Securities Services products, clients and risk management
- Successful leadership of a diverse and multi-product business
- Successful track record of leading and creating momentum and a collective agenda across multiple products
- Good knowledge of the industry and country and with the ability to anticipate and lead the organizational response to future changes
- Good technical knowledge of Citi Markets’ product suite including FX, FXO, Interest and FX Derivatives, Credit and Commodities
- Strategic thinker with ability to translate vision into executable plans
- Leadership skills and intellectual capability to bring together a broad range of Markets and Securities Services products
- Credibility and gravitas to lead, motivate and influence a diverse population across products and matrix reporting lines
- Interpretive and problem solving skills; pragmatic approach to ensure limited resources are directed appropriately
- Good interpersonal and communication skills with ability to influence and create alignment at senior levels across multiple products, clients, and competing priorities
How to Apply:
All applicants who to join Citi Group in the aforementioned capacity are encouraged to apply online at the web link below.
: List of Current Job Vacancies / Opportunities in Uganda