Citi CZ&SK Junior Business Unit Manager in Prague, Czech Republic

  • Primary Location: Czech Republic,Prague,Prague

  • Education: Master's Degree

  • Job Function: Bus Strategy, Planning & Admin

  • Schedule: Full-time

  • Shift: Day Job

  • Employee Status: Regular

  • Travel Time: Yes, 10 % of the Time

  • Job ID: 18013682


Function background/context:

The position is for a Junior Business Manager with a direct report to Czech and Slovakia Business Manager.

Given the increasing industry, regulatory and internal focus around control related tasks, this role is critical to maintaining a robust control environment & governance framework across multiple desks and businesses.

The role is key to enabling business growth through maintaining a sound control environment, facilitating new business initiatives, product expansion and driving technology change within the business.

The jobholder should be able to work well in a team environment and should be able to function without close supervision.

Job Purpose:

To work as part of the EMEA FXLM business management team, with a focus on support for the CZ and Slovakia Markets business, within the Foreign Exchange and Local Markets business.

The role will be to support the Country Business Manager in the daily management of the Markets business, including but not limited to strategic projects for the CEE cluster.

This role requires extensive liaison with multiple functions within the business and support functions at all levels, including Market Risk, Credit Risk, Finance, Operations and Technology as well as liaison with GBC and other Markets Businesses both in the region and globally.

Key Responsibilities:

• Business Administration

  • Liaison with desk heads, support functions building senior level relationships with credit risk, market risk, operations, finance and technology to develop and deliver on business strategy.

  • Create & Provide effective metrics to stakeholders and senior management teams

  • Other ad hoc administration tasks that support the activities of the business including PowerPoint presentations and excel analysis.

  • Actively participate in the control framework for the wider business including MCA testing, operational loss processes, investigation and developing and driving corrective actions.

• Business Governance

  • Administration of and acting as secretary to specific business committees and/or regular business meetings.

  • Preparation of meeting materials, ensuring minutes are accurately recorded and tracking follow-up items

  • Seek out sources for, track, consolidate and analyze ad-hoc and regular business requests underpinned by data

• Business Development & Project Management

  • Ownership of business-driven projects across functions, driving implementation working closely with relevant seniors.

  • Assist desk heads with projects and strategies – for example driving technology change, reference data, etc

  • Provide input into and drive technology change, process and control framework enhancements

• Control & Regulatory Focus

  • Seek out and ensure corrective actions are implemented for control related issues across the spectrum of control functions with a goal of driving a robust, efficient and scalable business model for the supported desks

  • Ensure remedial action take on a variety of exceptions raised to sales & trading desks.

• Business & Communication

  • Acquire and relay business knowledge, product knowledge, and requirements to business and internal support functions where required.

  • Co-ordinate and participate actively in all relevant business initiatives as required.

  • Foster excellent relationships between the businesses and various support functions.

  • Communicate (written and oral) information within and between the businesses and support functions.

  • Communicate effectively within the business management teams locally and globally.

  • Communicate effectively within the wider global management teams.


Qualifications and Competencies:

• Knowledge/Experience

  • Some experience in financial markets either in the business or business support functions would be an advantage

  • Good understanding of financial markets

• Education

  • University (Master’s) degree

• Skills

  • Excellent communications skills (written / verbal) at all organizational levels in Czech AND English language.

  • Results/task orientated with excellent attention to detail.

  • Attention to detail

  • Ability to manage and prioritize effectively and resolve conflicting priorities.

  • Ability to work well as part of a team and autonomously.

  • High level of computer literacy especially in the Microsoft Office product suite, preferably including the ability to code to basic macro level in excel and work proficiently in Microsoft Access and PowerPoint preferred.