6 jobs found

Blackstone and Sixth Street Agree Sale of Kensington Mortgages to Barclays Bank UK PLC London, 24 June 2022 - Kensington Mortgages ("Kensington"), the fast-growing specialist mortgage lender, has today announced a sale to Barclays Bank UK PLC ("Barclays"). The sale follows an auction process that attracted interest from a broad range of bidders. Barclays is acquiring the business from funds affiliated with Blackstone Tactical Opportunities ("Blackstone") and Sixth Street, which have jointly owned the business since 2015 during which time Kensington enjoyed an extended period of accelerated growth. The transaction is subject to regulatory approval. Barclays is acquiring Kensington Mortgage Company Limited ("KMC"), Kensington Mortgage Services Limited ("KMS") and a portfolio of UK mortgages consisting primarily of mortgages originated by KMC from October 2021 to completion of the acquisition of KMC and KMS (the "KMC Mortgage Portfolio"). The acquisition will allow Barclays to become one of the few major banks with a specialist mortgage offering. Kensington is a leading UK specialist residential mortgage lender focused on providing mortgages via brokers to borrowers with complex incomes. Using a combination of proprietary technology, data analytics and human insight to design products and make lending decisions, Kensington focuses on the self-employed and those with multiple or variable incomes - segments that major banks often do not serve. The business, which is based in Maidenhead and has around 600 employees, services approximately £8.7 billion of third party and related party mortgages in addition to the KMC Mortgage Portfolio. Kensington originated approximately £1.9 billion of mortgages in the year ended 31 March 2022. Under the joint ownership of Blackstone and Sixth Street, Kensington has improved its processes and expanded its product offerings to become a market leader in specialist lending to the self-employed, first-time buyers, older borrowers and customers with multiple sources of income. The business is also recognised in the industry for having a market-leading data and technology platform, which has facilitated profitable growth, product innovation and exceptional loan underwriting performance. The business has grown its originations at a compound annual growth rate of 22% since the acquisition in 2015. Mark Arnold, CEO of Kensington Mortgages, commented: "This sale marks the start of an exciting new chapter of growth for Kensington. We have a strong track-record in the specialist mortgage space, using our proprietary data and tech platform to innovate and grow, and now is a natural point to bring in a partner who can help us to drive our next expansion phase. As a major UK bank with a broad reach and offering, Barclays is well-placed to support this expansion, whilst the sale will allow it to differentiate itself as a 'mainstream specialist' and offer a range of mortgage solutions not available from competitors." Matt Hammerstein, CEO of Barclays Bank UK PLC, commented: "The transaction reinforces our commitment to the UK residential mortgage market and presents an exciting opportunity to broaden our product range and capabilities. KMC is a best-in-class specialist mortgage lender with an established track record in the UK market, strong broker and customer relationships and data analytics capabilities. KMC complements our existing UK mortgage business and broker relationships through the addition of a specialist prime mortgage originator and the utilisation of our strong UK funding base. We look forward to KMC management and employees becoming part of the Barclays group." Qasim Abbas, Senior Managing Director, Blackstone Tactical Opportunities, said: "Kensington's success in becoming one of the UK's leading specialist mortgage lenders is testament to the quality of its products, the resilience of its business model and the excellence of its management team. In particular, their collective strength in harnessing the power of data science and analytics, prudent risk management and always providing their customers with the right product to suit their individual needs has been key to the evolution of their business. We wish them the very best as they enter an exciting new chapter." Michael Muscolino, Partner at Sixth Street, said: "We want to thank management and the entire Kensington team for their dedication and collaboration over the past decade in building the platform into a market leader. Our focus on using data to drive consistent innovation allowed us to create new products and broaden mortgage access while maintaining exceptional underwriting standards. We wish the company great continued success with its new partners at Barclays." About Kensington Mortgages Kensington Mortgages was founded in 1995. The business was acquired by Blackstone and Sixth Street Partners in 2015, initiating a period of considerable growth and investment. The mortgage servicing business Acenden was also acquired by the same investors and merged with Kensington, creating a broader UK mortgage business. Since the acquisition, Kensington has more than tripled the number of underwriters it employs and almost quadrupled its origination volumes. Kensington lent £1.9bn in new mortgages for the year ended 31st March 2022. A clear period of growth was initiated with the arrival of Mark Arnold as CEO in April 2018. Under the guidance of the leadership team, Kensington consolidated a number of disparate legacy brands under a revitalised Kensington identity, launched a best-in-class, data and analytics driven and highly scalable integrated technology platform, sharpened its market positioning and launched a range of new and innovative products. These include mortgages for public sector workers, products that reward borrowers for improving the environmental credentials of their home and a new fixed for term mortgage where monthly payments remain fixed for the entire term of the loan. The business is now clearly established as a leading specialist mortgage lender, with a strong market position as a lender to the self-employed, younger borrowers, older borrowers and those with more complex personal circumstances. The brand has a 4.4-star consumer rating on Trustpilot. The business has very strong credit controls. Only 19 loans issued by Kensington Mortgages since 2010 have gone into default, with the total cumulative losses on those loans amounting to just £252,000. About Barclays Group Barclays PLC is a British universal bank. It is diversified by business, by different types of customer and client, and geography. Its businesses include consumer banking and payments operations around the world, as well as a top-tier, full service, global corporate and investment bank, all of which are supported by its service company which provides technology, operations and functional services across the Group. For further information about Barclays, please visit its website home.barclays . About Blackstone Blackstone is the world's largest alternative asset manager. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems. Our $915 billion in assets under management include investment vehicles focused onprivate equity, real estate, public debt and equity, infrastructure, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis.Further information is available at . onLinkedIn ,Twitter , andInstagram . About Sixth Street Sixth Street is a global investment firm with over $60 billion in assets under management and committed capital. The firm uses its long-term flexible capital, data-enabled capabilities, and One Team culture to develop themes and offer solutions to companies across all stages of growth. Sixth Street's London-based presence was formed in 2011 to invest in businesses and assets across Europe. Founded in 2009, Sixth Street has more than 400 team members including over 180 investment professionals around the world. For more information, visit or follow Sixth Street on LinkedIn . Notes to Editors For Kensington Mortgages: Jess Gill (0) (0) For Barclays: Oliver Palca (0) For Blackstone: (0) Louis Clark (0) For Sixth Street: Patrick Clifford +1 Gavin Davis (0)

Are you an experienced leader in Rent setting within Social Housing? We have a fantastic opportunity to join Sovereign Network Group (SNG) as Head of Rent Setting and Administration on a permanent basis. Based from our offices in Basingstoke or Wembley, you'll combine office and home working in line with our hybrid approach. To support close collaboration with the wider team, there will be an expectation to have a regular presence in both the Basingstoke and Wembley office. SNG is one of the largest housing associations in England. We provide over 85,000 homes and invest in communities across London, the South East, South West and East of England, as well as aiming to create thousands of new affordable homes every year. The Role Reporting to the Assistant Director - Finance Transactional Services, you will lead and oversee all financial and administrative activities related to rents for all SNG customers and administrative activities related to property assets on SNG's housing management systems. This role is pivotal in ensuring financial control and compliance, as well as strategic financial planning for SNG, contributing to the overall financial health and success of the business. You'll ensure rents are set accurately and reasonably for all SNG customers and in compliance with the rent standard, tenancy agreements, leases, contracts and other applicable regulation. Responsibilities include: Leading the Rent Setting and Administration team with a focus on setting a clear direction, supporting the team and encouraging a culture of accountability, high performance, and continuous improvement Owning and managing the rent setting processes, including on time production and submission of rent letters, including service charge costs if applicable, to customers and oversight of periodic internal and external audits covering these activities Developing and maintaining a robust internal financial control framework aligned with industry best practices and regulatory requirements (e.g. Rent standard) Owning, developing and refining comprehensive consolidated rent policies for SNG, ensuring effective control mechanisms and adherence to regulatory requirements Supporting the development of SNG's medium and long-term strategic plans, balancing risk and return considerations while proactively supporting and tracking future delivery through the lens of rent setting and administration Leading on the management and maintenance of data covering customer accounts, ensuring housing systems are updated with accurate charges following the annual rent and service charge review, and completing robust reconciliations on charges and payments Leading on the production and analysis of rent reports to support decision making by colleagues and senior stakeholders Leading the annual budgeting process for the Rent Setting and Administration team's activities and SNG's rental income, working alongside the management accounting teams, overseeing the delivery of budget within board-approved targets What we're looking for You should have previous experience in a similar senior management role within social housing rent setting, leading and managing a specialised finance team, in a high-volume transactional environment across multiple locations. You'll also need: Strong leadership skills, demonstrating commitment to driving collaboration, efficiency, and high performance Effective communication skills to convey complex financial information and insights to non-financial stakeholders, both internally and externally Detailed understanding of the intricacies of rents within the context of housing finance, with in-depth knowledge of relevant regulations and processes applicable to rents within the housing sector Track record of delivering business and cultural change to support overall strategy and achieve results on the ground Demonstrable experience of working in partnership with external organisations e.g. Local Authorities, auditors, software suppliers Strong knowledge of developing and implementing consolidated policies that align with regulatory standards and industry best practices Expertise in financial governance principles and practices, ensuring robust financial controls and adherence to organisational policies Strong analytical skills to interpret financial data, prepare accurate financial reports, and provide meaningful insights to support decision-making Your Benefits We have some great benefits at SNG, including: 25 Days Holiday + Bank Holidays (with an extra day every year up to 30 days) Chance to buy or sell holiday as part of our flexible benefits package 3 additional wellbeing days and 2 paid volunteering days Generous matched pension scheme up to 12% and Life cover at 4x salary Options for private medical insurance, dental insurance and critical illness cover Wellbeing discounts, including gym memberships and access to a 24/7 virtual GP service At SNG, we are passionate about inclusion for all and creating a workplace where everyone can thrive. We are committed to our Equality Diversity and Inclusion strategy and believe that you can truly be yourself at SNG. Take a look at our careers site to learn more about us and our values. If you would like the opportunity to make a real impact within our changing and growing organisation, we would love to hear from you!

At myPOS, we're all about helping businesses grow and get paid. We make payments simple, smart, and accessible for everyone, but we're more than just payment solutions -myPOS is a partner in growth. From free multicurrency accounts to powerful e-commerce tools, we're here to support business owners of all sizes and everyone out there who dreams of starting their own business. As we are expanding our team, we're looking for Global Payroll Director to help us make a real difference in the Fintech industry. Ready to join us and shape the future of payments? Let's make it happen! About the role: We are seeking a Global Payroll Director who will take full end-to-end ownership of payroll across all countries and employment models at myPOS and across our acquisitions. This is a senior leadership role with single-point accountability for payroll accuracy, timeliness, compliance, governance, and payroll systems across a fast-growing, PE-backed fintech operating in more than 10 European countries, including Bulgaria, the UK, France, Italy, Ireland, the Netherlands, Austria, Hungary and Belgium and employing approximately 1,100 people. Leading a team of Payroll experts, the Global Payroll Director will act as the authoritative voice on payroll across HR, Finance, Tax, Benefits, and external providers. A core part of the mandate is the design and implementation of a controlled, auditable, and scalable global payroll operating model, including the global rollout of a new payroll system that will serve as the company's core payroll and workforce platform. This role requires deep international payroll expertise, strong financial and tax understanding, and the confidence to set boundaries, enforce controls, and challenge existing processes where required. What you'll do: Act as the most senior payroll authority in the organisation, with end-to-end ownership of payroll across all countries, employment types, and payroll providers; Ensure payroll is processed accurately, on time, and in full compliance every cycle; Serve as the final escalation point for payroll failures, compliance risks, and regulatory issues; Design and enforce a robust global payroll governance framework, including clear RACI across HR, Finance, Tax, Country Managers, and external providers; Establish controlled, auditable processes for payroll inputs, validations, approvals, bonuses, commissions, and exceptions; Ensure payroll processes are fully audit-ready, with clear documentation, approvals, and audit trails; Ensure full compliance with local labour law, payroll tax, and statutory requirements across all countries; Partner closely with Finance, Accounting, and Tax to validate payroll tax treatments and statutory filings, manage statutory filings and reporting, and resolve complex cross-border or variable pay issues; Resolve complex payroll issues related to variable pay, commissions, and cross-border employment; Proactively identify and mitigate payroll-related regulatory and financial risks; Lead the global implementation of a new payroll provider and system across all countries; Oversee integration with HRIS, finance systems, commission tracking tools, and benefits platforms; Drive automation, data integrity, and system-based controls across payroll processes; Own vendor governance, SLAs, performance management, and issue resolution for all payroll providers; Redesign payroll processes to support scale, consistency, and control across geographies; Define and implement a sustainable global payroll operating model for 2026 and beyond, including in-house versus outsourced components and shared services opportunities; Lead, develop, and coach the internal payroll team and manage external partners; Own the administration and governance of employee benefits across all countries; Establish consistent global principles for benefits while ensuring local market competitiveness, legal compliance, and scalability; Partner with HR and Finance to ensure equity, cost control, and transparency of benefits offerings across geographies. This role is perfect for you if you have: 10+ years of payroll experience, with significant depth in international, multi-country payroll; Proven experience operating payroll across multiple European jurisdictions; Strong knowledge of payroll tax, statutory compliance, and labour law interactions; Experience with commission-heavy or variable pay structures; Proven track record of leading at least one major payroll system implementation; Demonstrated experience designing and implementing payroll governance, controls, and approval frameworks; Experience in regulated, high-risk environments such as fintech, financial services, payments, or similar; Comfortable operating at senior leadership level and challenging stakeholders where payroll controls or compliance are at risk; Strong sense of ownership, accountability, and risk awareness; Structured, detail-oriented, and audit-focused, with the ability to think strategically and long-term; Able to bring discipline, predictability, and trust to payroll operations. Why you should join myPOS: Vibrant international team operating in hi-tech environment; Annual salary reviews, promotions and performance bonuses; myPOS Academy for upskilling and training; Unlimited access to courses on LinkedIn Learning; Annual individual training and development budget; Refer a friend bonus as we know that working with friends is fun; Teambuilding, social activities and networks on a multi-national level. What we offer: Business Healthcare Plan; Dental Insurance; Group Life Assurance. Who we are: Since 2014 we've been all about making payments easier and more accessible for businesses of all shapes and sizes. Whether you're at the counter, selling online, or on the move, we've got businesses covered with smart, accessible and affordable solutions that keep things easy. Our mission? It's simple. Help businesses get paid by taking advantage of modern tech and innovative ideas, so payment challenges are a thing of the past. Pro tip: Take it easy about meeting every requirement -this job description is just that, a job description! Even if you don't tick every box, want you to apply anyway! This is your chance to grow, learn, and build your career with us. We value potential over perfection, and we are all about mutual growth! Apply by filling in the form below and send your CV in English! myPOS is committed to providing equal employment opportunities. All qualified candidates will be considered for employment without discrimination based on age, ancestry, colour, marital status, national origin, physical or mental disability, medical condition, veteran status, race, religion, sex, sexual orientation, gender identity or expression, or any other characteristic protected by applicable laws, regulations, and ordinances. Your application will be confidentially reviewed in line with the General Data Protection Regulation (GDPR). Personal information will be used solely for the job application and will be stored for a period needed by the application process. Only short-listed candidates will be contacted. Good luck!

Send us your CV or share the vacancy below! At Moneybox, our mission is to give everyone the means to get more out of life. We're guided by our belief that wealth isn't about the money, it's about the means to more - more freedom, opportunities, possibilities, and peace of mind. Moneybox is an award-winning wealth management platform, helping over one and a half million people build wealth throughout their lives, whether they're saving and investing, buying their first home, or planning for retirement. Job Brief As Head of Change within the Change & Platform Operations department, you will be responsible for our team of high-performing Business Analysts, Project Managers, and Change specialists. This is a leadership position focused on developing and empowering the team to support our Product and Engineering roadmap, managing our business controls, and strategically partnering with the Senior Leadership Team to support organisational change, transformation, and special projects. You will champion best practices and uplift the existing team, develop processes that enhance cross-functional collaboration, create high-quality business architecture, and lead projects. The wider department reports into the Chief Platform Officer and also includes the Product Technical team that manage regulatory change, complex technical guidance and regulatory returns, and oversight of complex processes. What You'll Do Lead a team of 10, composed of two project managers, two business change analysts, one business controls analyst, and five BAs. Own and enhance Change processes and ways of working, optimising for stakeholder assessments of value, high-quality business architecture, and team productivity. Mentor and develop the entire team, fostering a culture of excellence and providing clear development pathways for professional growth. Solve key business problems, individually or leveraging the team, that improve cross-functional productivity and efficiency, uplift capabilities, and aid business maturity. Lead complex cross-functional programmes, migrations, and projects. Support the Change & Platform Operations Director with managing our portfolio of product and engineering projects and enhancing the prioritisation, planning, and reporting processes. Build deep knowledge of our business systems and processes, enhancing how the BAs provide deep subject matter expertise to support the business. Manage and improve our business control environment, mitigating risks and ensuring 100% compliance across our Operational Resilience, Business Continuity, and wider control responsibilities. Support wider teams and the Senior Leadership Team, individually and leveraging your team, with ad-hoc project initiatives and resource gaps where required. What's in it for you? Opportunity to join a fast-growing, award-winning and super ambitious startup Work with a friendly team of highly motivated individuals Be in an environment where you are listened to and can actually have an impact Thriving collaborative and inclusive company culture Mission + Functional team socials every 8 weeks Company shares Company pension scheme Hybrid working environment Home office furniture allowance Personal Annual Learning and Development budget Private Medical Insurance Health Cash Plan (cashback on visits to the dentist & opticians etc) Cycle to work scheme Wellhub subscription to a variety of gyms and wellbeing apps Enhanced parental pay & leave 25 days holiday + bank holidays with additional days added with length of service. Our office is in London, by the Oxo Tower Our Commitment to DE&I At Moneybox, we promote, support and celebrate inclusion, diversity and equity for all, so that everyone can bring their full selves to work. We believe that diversity drives innovation, and that if our team is representative of our community of customers, we can better support their needs. To ensure our recruitment processes provide an equal opportunity for all applicants to succeed, we encourage you to let us know if there are any adjustments that we can make. We are open-minded and always willing to go the extra mile to ensure all applicants can present their full self and potential. Working Policy: We have a hybrid policy that includes 2 days from our London office and 3 from home. If the role states it is either hybrid or remote candidates must be based within the UK. Visa Sponsorship: At this time we cannot offer visa sponsorship for this role and we cannot consider overseas applications. Please read before you apply! Please note if offered a position, the offer is conditional and subject to the receipt of satisfactory pre-employment checks which we will conduct such as criminal record and adverse credit history checks. As a regulated financial business, an adverse financial history could impact your suitability for the role. If you are aware of anything that could affect your suitability for the role, please let us know in advance. By sending us your application you acknowledge and agree to Moneybox using your personal data as described below. We collect applicants' personal data to manage our recruitment related activities. Consequently, we may use your personal data to evaluate your application, to select and shortlist applicants, to set up and conduct interviews and tests, to evaluate and assess the results, and as is otherwise needed in the recruitment process generally.We do not share your personal data with unauthorised third parties. However, we may, if necessary, share your personal data to carefully selected third parties acting on our behalf. This may include transfers to servers and databases outside the country where you provided us with your personal data. Such transfers may include for example transfers and/or disclosures outside the European Economic Area and in the United States of America. If you are unsuccessful in your application, we may keep your details on file so that we can tell you about other suitable vacancies which may be of interest to you when they arise in the future. If you would like to reach us then please email:. If you would rather we did not keep your details on file, you can contact us at: Capital at risk. All investing should be for the longer term. The value of your investments can go up and down, and you may get back less than you invest. Tax treatment depends on individual circumstances and may be subject to change in the future. A 25% government penalty applies if you withdraw money from a Lifetime ISA for any reason other than buying your first home (up to £450,000) or for retirement, and you may get back less than you paid into your Lifetime ISA. Your home may be repossessed if you do not keep up repayments on your mortgage. Payments you make into your pension won't be accessible until the minimum pension age (currently 55, increasing to age 57 from 2028). Tax treatment depends on individual circumstances and may be subject to change in the future. For Business Saver: T&Cs apply. Max one withdrawal per day.

Compliance Officer (Investment Products) Please note that this opportunity requires relocation to our Luxembourg office. About Satispay Satispay was born to revolutionise everyday payments - making them simple, fair, and accessible to everyone. Now, the focus has moved even further, aiming to shape the future of money. We're a movement empowering millions of people, driven by a shared purpose to tackle big challenges. And we're just getting started. We move quickly, think boldly, and trust each other to challenge the norm, learning and growing as we go. If you're looking for more than just your next job - if you want to build something impactful with a talented team - you're in the right place. What you'll be doing As a Compliance Officer (Investment Products), you'll play a key role in ensuring our compliance with all applicable regulations, particularly within the investment products landscape. Here's what your day-to-day will look like: Compliance Framework - Support the Compliance Officer in charge of the Compliance function in implementing and maintaining a robust Compliance Monitoring Programme to ensure adherence to all applicable regulations. Perform second-line of-defense controls, highlight weaknesses, and issue recommendations. Risk Management - Identify, assess, and mitigate compliance risks associated with existing and new investment products, including the specific risks presented by crypto-assets. Support the management of compliance incidents. Horizon scanning and Advisory - Monitor changes in laws and regulations and advise the Authorised Management and the Product teams on business impacts. Regulatory strategy & Licensing - Contribute to the regulatory strategy and support future license extension processes. Policies and procedures framework - Assist in drafting, updating, and maintaining compliance policies. Regulatory reporting - Support in timely and accurate regulatory reporting, including the CSSF annual questionnaire on financial crime. Interaction with regulators and auditors - Support interactions with regulators on matters related to investment services, inspections, and periodic updates. Assist in coordinating and preparing responses for audits. Training - Assist in developing and help deliver compliance training programs for employees. Reporting - Support in drafting regular reports on Compliance matters to the Authorised Management and Board of Directors. Expect challenges, collaboration, and the freedom to bring your ideas to life. Things change quickly here, so be ready to adapt, take initiative, and shape your role as we grow. Who we're looking for We need a problem solver who loves teamwork and gets things done. If you're curious and ready for real ownership, you'll fit in! Does this sound like you? Compliance experience - 3 5 years in a regulated financial institution (e.g., bank, EMI, PI, MiFID investment firm, ManCo, or VASP) in Luxembourg or Europe. Regulatory knowledge - experience working within a compliance framework is required; direct exposure to audits and inspections is a strong plus. Regulatory understanding - European regulations, including MiFID 2 and ideally MiCA, and Luxembourg laws applicable to Investment firms. Interest in fintech and investments - including virtual assets, with a strong understanding of technology driven environments (e.g., automated onboarding, transaction monitoring tools). AML/CFT knowledge - including transaction monitoring and international financial sanctions. Organizational skills - ability to work independently. Curiosity and proactivity - a drive to learn and take initiative. Fluent in English - both written and spoken. Excellent communication and writing skills - convey complex information clearly and concisely. Don't worry if you don't tick every box. We believe in the power of different viewpoints and strengths. Your unique perspective is important as we build something special. If you're passionate and can make a difference, we truly encourage you to apply. Our benefits & perks We believe high commitment, effort, and impact deserve to be highly rewarded and supported. That's why we created Satispay CareAbout, our way of making sure you're supported in your well-being, growth, and finances: CareAbout health & well-being Unlimited paid time off Psychological support & mental health webinars with Serenis Flexible hybrid working system Extended parental leave Childcare leave CareAbout growth & development Professional development programmes Internal mobility program Language classes with Preply Internal workshops & training CareAbout financial support Stock Option Plan (with additional grants often provided based on performance) International relocation support Competitive salary Meal vouchers Equal-Opportunity Employer At Satispay, we're proud to be an equal opportunity employer. We celebrate diversity and inclusion, welcoming individuals of all backgrounds. This opportunity is open to everyone, regardless - for instance - of race, colour, religion, sex, gender identity, sexual orientation, and national origin. Join us in a workplace where everyone belongs! Learn more about us Curious if our way of working clicks with yours? Our values and pillars aren't just fancy words on a page - they really shape everything we do. Explore them here . Sounds like your kind of place? Awesome! We'd love to hear your story.

For additional information, please review . Overview of Citi: By Joining Citi, you will become part of a global organisation whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. Markets Operations Belfast Overview: Our Operations groups are core to the success of the Markets business. We support a wide range of internal stakeholders including Front Office Sales and Trading Desks, Compliance, Legal, Finance and HR; alongside having significant interaction with external clients, playing a key role in the overall client experience.A role within Markets Operations means that you will have a truly global reach, in a supportive environment which will provide you with new experiences and development opportunities right here in Belfast's iconic Titanic Quarter.You can play an important part in transforming and simplifying our operating model, creating an exciting environment which encourages diversity of thought and inclusion within an organisation that authentically values and invests in its people Role Overview: Citibank is seeking a highly experienced and dynamic Director to lead its EMEA Derivative Payment Operations. This critical role demands a visionary leader capable of driving strategic transformation, enhancing operational efficiency, and embedding robust risk and control frameworks within a complex global environment. The Director will be responsible for overseeing all aspects of derivative payment processing, ensuring adherence to regulatory requirements, and fostering a culture of continuous improvement and innovation. This role requires a proven track record in financial services operations, with a deep understanding of derivative products and payment lifecycle, coupled with exceptional leadership, change management, and risk management capabilities. What you'll do: Strategic Leadership & Transformation: + Engage with global stakeholders to develop and execute the strategic evolution of the Derivative Settlements platform (OAsys), aligning with global business objectives and industry best practices. + Develop and oversee an optimized functional alignment to deliver Client service excellence + Drive a culture of innovation, identifying opportunities for automation, digitalization, and process simplification. + Foster strong relationships with key stakeholders in business units, Risk and Technology and represent Derivative Payment Operations in strategic discussions with senior management, business partners, and external stakeholders. + Lead and sponsor significant transformation initiatives, leveraging technology and process re-engineering to optimize efficiency, scalability, and client experience. Operational Management & Excellence: + Oversee the end-to-end processing of derivative payments, ensuring accuracy, timeliness, and completeness across OTC product types + Leverage data analytics and capabilities to identify potential efficiency and capacity generation. + Manage operational teams, providing clear direction, performance expectations, and professional development opportunities. + Implement and monitor key performance indicators (KPIs) and service level agreements (SLAs) to ensure operational targets are met or exceeded. + Ensure compliance with all internal policies, external regulations, and industry standards related to derivative payment processing. Risk Management & Control: + Establish and maintain a strong risk and control environment, identifying potential operational, regulatory, and reputational risks. + Design, implement, and monitor robust controls, proactively addressing control gaps and enhancing existing frameworks. + Lead incident management processes, ensuring timely escalation, resolution, and root cause analysis of operational issues. + Partner with Risk, Internal Audit, & Compliance to ensure full adherence to regulatory requirements and internal governance. Stakeholder Management & Communication: + Build and maintain strong relationships with key internal stakeholders, including Trading Desks, Sales, Treasury, Technology, Finance, and other Operations functions. + Engage with external parties such as custodians, clearing houses, and regulators to represent Citibank's interests and ensure seamless operations. + Communicate complex operational and strategic information effectively to diverse audiences, including senior leadership. What we'll need from you Education: + Bachelor's degree in Finance, Business Administration, Economics, or a related field required. + Master's degree (MBA) or relevant professional certifications (e.g., CFA, PMP) preferred. Experience: + Significant experience in financial services operations, with experience in a leadership role overseeing derivative operations or payment processing. + Extensive knowledge of derivative products (e.g., Swaps, Options, Futures, Forwards) and their lifecycle, including payments, confirmations, and settlements. + Data analytics and low code capability experience including Appian, Tableau deployment + Demonstrated experience in leading large-scale transformation programs and managing significant organizational change. + Proven expertise in establishing and managing strong risk and control frameworks within a regulated environment. + Global experience preferred, working with diverse teams and complex regulatory landscapes. Skills: + Exceptional leadership, people management, and team development skills. + Strong strategic thinking and problem-solving abilities. + Deep analytical capabilities with a focus on data-driven decision-making. + Excellent communication, interpersonal, and presentation skills. + Ability to influence and drive consensus across various levels of the organization. + Proficiency in operational risk management tools and methodologies. + Familiarity with relevant industry technologies and trends (e.g., DLT, AI/ML in operations). 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 Belfast, 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 resourcesAlongside 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. Job Family Group: Operations - Transaction Services Job Family: Securities and Derivatives Processing Time Type: Full time Most Relevant Skills Please see the requirements listed above. Other Relevant Skills For complementary skills, please see above and/or contact the recruiter. Citi is an equal opportunity employer, and