Head of Business Execution, Controls & Data – Commodities, MD

As Head of Business Execution, Controls & Data for Commodities, you will be a member of the Markets COO and Commodities Leadership teams.  You will be responsible for driving operational excellence and strategic delivery within Commodities. You will be reporting directly to the Markets COO and matrix to the Head of Commodities.

Responsibilities:

• Risk Management: Identify, assess, and mitigate risks inherent in physical and financial commodity trading. This includes operational, regulatory (e.g., CFTC), market, and counterparty risks.
• Regulatory Compliance: Ensure that all Commodities activities adhere to relevant regulatory requirements and compliance standards, proactively engaging with regulators and ensuring robust monitoring programs.
• Operational Efficiency: Streamline and optimize processes within Commodities, ensuring cost-effective resource allocation and adherence to industry best practices.
• Strategic Planning: Collaborate with Commodities leadership to develop and implement strategic plans and initiatives that align with overall business objectives.
• Budget Management: Develop and oversee the budget for the Commodities Business, including your own team. This encompasses forecasting, resource allocation, monitoring expenditures, optimizing cost control, and identifying opportunities to support business growth while ensuring alignment with the broader Commodities financial strategy.
• Team Leadership: Lead a dedicated team of professionals, providing mentorship, guidance, and fostering a culture of excellence, collaboration, and continuous improvement.
• Data Strategy: Operationalize the firm's data strategy within Commodities by ensuring high-quality, timely data delivery to meet the needs of internal and external stakeholders. This includes partnering across the bank to define priorities, implement robust data governance and quality controls, and launch initiatives to maximize the value of commodity data.
• Data Analytics and Reporting: Develop and deliver regular reports and performance metrics utilizing data-driven insights to inform strategic and tactical decision-making within the Commodities business.
• Change Management: Drive change management initiatives within Commodities, ensuring the successful implementation of process improvements and technology enhancements, including adherence to evolving regulatory requirements.
• Stakeholder Engagement: Engage with internal and external stakeholders, fostering positive relationships, and representing the Commodities Business Execution at a strategic level.

Qualifications:

• Extensive experience within a leading investment bank or financial institution, with a proven track record in operations, risk management, controls, or a similar function.
• Deep expertise in physical and/or financial commodity markets, including trading, settlement, and risk management practices.
• Strong leadership and team management skills across multiple locations, with experience leading high-performing and diverse teams.
• Sound knowledge of global commodity markets, regulations (e.g., Dodd-Frank, EMIR), and industry best practices.
• Excellent communication, negotiation, and stakeholder management skills.
• Sound financial acumen, budget management skills, and experience working with financial data and reporting.
• Proven ability to work effectively under pressure, manage complex projects, and drive results in a dynamic environment

What we can offer you:

We work hard to have a positive financial and social impact on the communities we serve. In turn, we put our employees first and provide the best-in-class benefits they need to be well, live well and save well. By joining Citi London, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed), and enjoy a whole host of additional benefits such as:

• Generous holiday allowance starting at 27 days plus bank holidays; increasing with tenure.
• A discretional annual performance related bonus.
• Private medical insurance packages to suit your personal circumstances.
• Employee Assistance Program.
• Pension Plan.
• Paid Parental Leave.
• Special discounts for employees, family, and friends.
• Access to an array of learning and development resources.

Alongside these benefits Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day. We want the best talent around the world to be energized to join us, motivated to stay, and empowered to thrive.

Sounds like Citi has everything you need?

Then apply to discover the true extent of your capabilities.

Candidates applying for this role must be aware that it is a Certified Role, subject to the FCA and PRA Certification Regime.

The Certification Regime is one element of the Individual Accountability Regime which came into effect on 7 March 2016.

Under the Certification Regime, Citi UK regulated entities (Citi entities) must ensure that employees working in certain roles categorised as specified significant harm functions (Certified Roles) are assessed as fit and proper to carry out their role.

Under the guidance provided by the FCA and PRA, firms should have regard to the following when assessing fitness and propriety:

• Honesty, integrity and reputation

• Financial soundness

• Competence and capability

In order to comply with the requirements of the Certification Regime, Citi entities must take reasonable care to ensure that an employee does not perform a Certified Role without first being certified as Fit and Proper. For this reason, you will be assessed for this role against the Fit and Proper requirements, as described above.

This assessment will be carried out through extensive interviews, self-disclosures, permitted criminal record checks, regulated reference checks, credit checks and other background screening checks

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Job Family Group:

Business Strategy, Management & Administration

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Job Family:

Business Execution & Administration

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Time Type:

Full time

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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.

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