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Regulatory Control & Data Specialist - FRTB TB/BB Boundary & Firm Account Metadata

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Citi

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Location:
United Kingdom , London

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Category:

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Contract Type:
Not provided

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Salary:

Not provided

Job Description:

This role is part of the Global Markets In-Business Risk (IBR) function which is a Front Office 1st Line of Defense team responsible for market risk across asset classes within Citi’s Global Markets division. The team aims to establish a holistic understanding of market risk and capital of the aggregated trading portfolio, as well as to optimize the business’s return on capital. Global Markets IBR covers all trading businesses globally such as Rates and Currencies, Global Spread Products, Commodities, and Global Equities. The main focus of this role is as coverage for cross-asset markets business/trading activities where we are seeking a highly motivated and experienced Regulatory Control & Data Specialist to focus on the Fundamental Review of the Trading Book (FRTB) Trading Book (TB)/Banking Book (BB) Boundary and Firm Account Metadata. The successful candidate will play a critical role in ensuring compliance with existing and future regulations, enhancing control frameworks, and providing expert guidance to business stakeholders. This role will involve a blend of regulatory interpretation, data governance, and project management.

Job Responsibility:

  • Control Remediation: Review outputs from automated control processes and collaborate with business stakeholders to promptly remediate exceptions related to the TB/BB Boundary
  • Control Framework Enhancement: Continuously strive to improve the existing control framework, ensuring robust business compliance with both current Basel 2.5 and forthcoming FRTB regulations concerning the TB/BB Boundary
  • Advisory & Guidance: Provide expert guidance to the business on TB/BB boundary matters and associated booking practices, fostering a deep understanding of regulatory requirements
  • Regulatory Interpretation & Implementation: Actively participate in discussions surrounding regulatory interpretative issues impacting the TB/BB Boundary and assist the business in implementing the outcomes of such interpretations with Finance and RWA/Capital teams
  • Stakeholder Partnership: Partner closely with the business, IBR function, Price Risk stakeholders e.g. the Volcker Rule Office (VRO) and 2nd Line Market Risk, on change management initiatives related to the TB/BB Boundary, including desk definition and Limit Monitoring
  • Subject Matter Expertise (SME): Develop and maintain subject matter expertise in Firm Account Metadata and its critical impact on downstream Price Risk processes affecting the Markets businesses
  • Metadata & Control Improvement: Collaborate with Price Risk stakeholders to improve underlying metadata quality and enhance the supporting control framework and governance processes associated with Firm Account data
  • Data Consent Order Implementation: Assist in the implementation of the Data Consent Order framework to improve upstream processes and controls specifically for Firm Account data

Requirements:

  • Understanding of FRTB regulations, specifically concerning the Trading Book/Banking Book Boundary
  • Proven experience in regulatory control, compliance, or risk management within financial services
  • Demonstrated ability to interpret regulatory guidance and translate it into practical business implications
  • Experience with data governance, metadata management, and data quality initiatives
  • Bachelor's/University degree, Master's degree preferred

Nice to have:

  • Familiarity with Volcker Rule requirements and their interaction with trading book definitions would be ideal
  • Experience with workflow tool implementation or data remediation projects
  • Knowledge of Markets businesses and associated Price Risk processes

Additional Information:

Job Posted:
January 14, 2026

Employment Type:
Fulltime
Work Type:
On-site work
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