Assistant Vice President, Prime Finance Middle Office Analyst

At Citi, we get to connect millions of people across hundreds of cities and countries every day. And we've been doing it for more than 200 years. We do this through our unparalleled global network. We provide a broad range of financial services and products to our clients – whether they be consumers, corporations, governments or institutions – to help them meet their biggest opportunities and face the world's toughest challenges.

Shape your Career with Citi
Citi’s Markets business provides world-class solutions and an unmatched global presence. We serve corporates, institutional investors and governments from trading floors in almost 80 countries. The strength of our underwriting, sales and trading and distribution capabilities span asset classes and currencies, providing us with an unmatched ability to meet the needs of our clients.

We’re currently looking for a high caliber professional to join our team as Officer, Prime Finance Middle Office Analyst - Hybrid (Internal Job Title: Securities & Derivatives Analyst 2 – C10) based in Hong Kong. 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.
• We empower our employees to manage their financial well-being and help them plan for the future.
• 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, including generous paid time off packages.
• We offer our employees resources and tools to volunteer in the communities in which they live and work. In 2019, Citi employee volunteers contributed more than 1 million volunteer hours around the world.

In this role, you’re expected to:
• Single point of contact for external counterparties on a daily basis, running daily exposure reports and providing cash, non-cash (equities & bonds) or Triparty collateral cover.
• Coordinate various support groups and monitor settlements closely to ensure timely settlement of high-profile trades
• Prioritise and manage Costly and Aged fails between groups and entities
• Handle recalls, bookings, trade amendments, projections and ensuring shortfalls are covered
• Manage funding requirements with Triparty agents and bilateral counterparties
• Regular communication with external counterparties, Trading Desks and other operation teams, covering all stock lending and funding issues.
• Review cash / portfolio / collateral reconciliations and resolve discrepancies as appropriate.
• Enhance our client experience by identifying process improvements to increase the automation of daily processes and deliver sustainable performance.
• Perform daily reconciliation via Pirum / Equilend to prevent exposure and billing differences.
• Complete end of day checks against daily exposure reports in line with our audit requirements.
• Monitor collateral & substitutions prior to any corporate action record dates to ensure no financial loss to Citi
• Publication of MIS where required

As a successful candidate, you’d ideally have the following skills and exposure:
• Degree level or equivalent
• Previous relevant experience in Middle Office and APAC market knowledge essential, preferably within Stock Lending / Collateral Management / Prime Finance
• Computer literate with the ability to grasp several in-house systems quickly
• Numerate and analytical with impeccable attention to detail
• Proactive, self-motivated and a strong desire to learn and succeed
• Able to adapt quickly, manage different deadlines and priorities and work under pressure in a fast-paced environment
• Ability to communicate and detail issues, both in writing and verbally, in an accurate and concise manner
• Demonstrate sound judgement and professionalism in decision making and problem solving, escalating to Management as appropriate
• Able to work in a team environment across various groups and can build and maintain working relationships

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
https://jobs.citi.com/dei

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Job Family Group:

Operations - Transaction Services

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Job Family:

Securities and Derivatives Processing

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Time Type:

Full time

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Most Relevant Skills

Please see the requirements listed above.

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Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

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