Vice President, Securities Services Operations - Kuala Lumpur, Malaysia - 04248 Citibank Berhad

    04248 Citibank Berhad
    04248 Citibank Berhad Kuala Lumpur, Malaysia

    2 weeks ago

    Default job background
    Full time
    Description

    Whether you're at the start of your career or looking to discover your next adventure, your story begins here. At Citi , you'll have the opportunity to expand your skills and make a difference at one of the world's most global banks. We're fully committed to supporting your growth and development from the start with extensive on-the-job training and exposure to senior leaders, as well as more traditional learning. You'll also have the chance to give back and make a positive impact where we live and work through volunteerism.

    Shape your Career with Citi

    Citi's Securities Services (SS) supports our clients' business by drawing on the strength of our unmatched global footprint, which provides them with access to local expertise and scalable solutions to support their ambitions.

    We're currently looking for a high caliber professional to join our team as Vice President, Securities Services Operations & Governance - Hybrid (Internal Job Title: Securities & Derivatives Sr Manager C13 ) to be based in Kuala Lumpur, Malaysia.

    Being part of our team means that we'll provide you with the resources to meet your unique needs, empower you to make healthy decision and manage your financial well-being to help plan for your future. For instance:

  • Citi provides programs and services for your physical and mental well-being including access to telehealth options, health advocates, confidential counseling and more. Coverage varies by country.
  • We believe all parents deserve time to adjust to parenthood and bond with the newest members of their families. That's why in early 2020 we began rolling out our expanded Paid Parental Leave Policy to include Citi employees around the world.
  • Citi provides access to an array of learning and development resources to help broaden and deepen your skills and knowledge as your career progresses.
  • We have a variety of programs that help employees balance their work and life.
  • In this role, you're expected to:

  • The role of the Securities Services Operations & Governance Manager is to primarily oversee all outsourced activities, including where the outsourced activity is undertaken by an affiliate of Citibank.
  • Establish a sound internal governance structure that provides effective oversight and control over outsourcing arrangements, consistent with the financial institution's overall business strategy and risk appetite,
  • Retain sufficient management capacity and skilled resources within the institution to oversee the outsourced activity, including where the outsourced activity is undertaken by an affiliate of the financial institution; and
  • Ensure effective management of outsourcing risk, having regard to the assessments made by senior management on the state of compliance to the outsourcing risk management framework.
  • Key liaison person with regulators, Bursa Malaysia and Securities Commission Malaysia with regards to SS Ops.
  • Oversee operational support provided by outsourced vendors and conduct regular service reviews including annual renewal of statement of work (SOW) of all service providers to Securities Services Operations
  • GRC Assessment Unit delegate - Ensure activity, risk, control and monitoring done in accordance to GRC conformance
  • Provide updates to the Citi Berhad Operations & Technology Management and Board of Directors on key operational issues, changes or enhancements.
  • Manage new initiatives proposed including new product proposals, outsourcing initiatives etc.
  • Ensure that all operational aspects of the business are in compliant with relevant rules and regulations and Citi policies and guidelines.
  • In addition to outsourcing governance, the candidate will also lead regional initiatives eg training, transformational efforts.
  • The role reports to the Regional Custody Ops Head, with local reporting to Citi Berhad Operations & Technology Head and works with key stakeholders in the CSCs.
  • As a successful candidate, you'd ideally have the following skills and exposure:

  • Solid working experience in the Custody and Fund Administration industry, with experience in Third Party management.
  • Sound knowledge of regulatory requirements pertaining to Securities Services business
  • Familiar with Bank Negara Malaysia Bursa Malaysia, and Securities Commission related guidelines is an added advantage.
  • Strong communication skills and stakeholder management skills
  • Able to demonstrate knowledge in area of focus.
  • Working at Citi is far more than just a job. A career with us means joining a family of more than 230,000 dedicated people from around the globe. At Citi, you'll have the opportunity to grow your career, give back to your community and make a real impact.

    Take the next step in your career, apply for this role at Citi today

    About Us (n.d.). Retrieved June 23, 2023, from

    Businesses (n.d.). Retrieved June 23, 2023, from

    Job Family Group:

    Operations - Transaction Services

    Job Family:

    Securities and Derivatives Processing

    Time Type:

    Full time

    Citi is an equal opportunity and affirmative action employer.

    Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

    Citigroup Inc. and its subsidiaries ("Citi") invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review .