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 Assistance Vice President, Securities & Derivatives Sr Analyst - C12 - Hybrid (Internal Job Title: Securities and Derivatives Processing- C12) based in Changi Business Park, Singapore. 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.
- (Optional) 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.
- 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.
In this role, you’re expected to:
The Sec & Derivatives Sr Analyst is an intermediate level position responsible for processing orders and transactions originating from trading desks and branch offices in coordination with the Operations - Transaction Services team. The overall objective of this role is to facilitate the clearance, settlement and investigation of client securities and derivatives transactions.
- Daily monitoring and processing of exchange, central clearing house margin calls Application of business acumen and analysing trends across treasury and control processes
- Creation and input into associated metrics to enable productivity measurement.
- Oversight of Balance Sheet accounts and proactively management of break resolution and escalation
- Liaison with Finance teams regarding applicability and validity of monthly AdjustmentsExecution of collateral asset movements and associated monitoring
- Ensure adherence to our regulatory requirements and understand these, always follow key processes and control requirement.
- Ability to communicate complex processes and workflows.
- Escalate clearly and promptly.
- Manage the investigation and resolution of breaks with Exchanges, Brokers, and Affiliates
- Improvement of daily processing to increase efficiency, identify where automation is required and drive solutions to completion.
- Ensure Standard Operating procedures are up to date and cover all functions, understand, and follow Citi policies and standards.
- Participation and ability to drive change initiatives both global strategic and regional discretionary and mandatory.
- Partner effectively with Business stakeholders, technology groups, finance, and compliance teams. Regionally across Asia and Globally.
- As a senior member of the team be able to take on supervisory functions, both on and offshore oversight when the team lead is absent.
- Required to have the ability to work autonomously and as an effective team member.
- Essential Requirements
- Relevant Industry Experience: minimum of 5 years relevant experience in Financial Organization i.e. Investment Banking / Investment Management / Hedge Fund / Exchange
- Communication Skills: Exceptional verbal and written communication skills, with the ability to convey complex financial concepts clearly and effectively to a diverse audience.
- Problem-Solving: Proven track record of resolving issues efficiently and effectively, able to drill into the details, and address the root cause.
- Attention to Detail: Strong attention to detail, ensuring accuracy in communications, transactions, and reporting.
- Be able to demonstrate the relevant experience in operations risk management across the derivatives products.
- Ability to write business development requirements to initiate change and automation requests across technology stacks as well as low code automation solutions.
- Be familiar with the associated regulatory obligations across client money rules and margin calls across the Asian futures and derivative markets.
- Team Collaboration: Ability to work collaboratively with internal teams to ensure seamless service delivery and stakeholder satisfaction
- Bachelor’s Degree/University degree or equivalent experience in Business, Accounting, or Finance
As a successful candidate, you’d ideally have the following skills and exposure:
Qualifications
- 5 years of relevant banking operation experience.
- Experience in linked to Futures and Derivatives Clearing
- Demonstrate business acumen across treasury management.
- Demonstrated ability to build, maintain relationships with business stakeholders, treasury, and finance groups.
- Experience with futures products from perspective of Clearing Broker, Exchange and or Buy Side
- Experience of margin and collateral processes for Exchange Derivative products and associated regulatory requirements.
- Track record of the ability to create and use of key productivity indicator metrics (KPIs)
- Track record of the ability to create and use of key risk indicator metrics (KRIs)
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
Securities & Derivatives Sr Manager - (Futures Derivatives Collateral) - Hybrid (Open)
Organization Overview:
Citi Markets Operations is currently at a pivotal point in its evolution and journey to implement a target operating model. We take pride and are passionate about our People and our culture. We are invested in our People and their development. We are transforming and simplifying our operating model, creating an exciting environment which encourages diversity of thought and inclusion.
We are a dynamic, global, and diverse Organisation, with a presence in over 60 Countries; covering all front post execution Operations teams including product aligned Middle Office groups, Settlements, Margin, Asset Servicing, Listed Derivative & Commodities Operations. We support an extensive range of Capital Markets products and services including Fixed Income (FX, Rates, Credit, Muni, Cash and Derivatives) where Citi is consistently a dominant top 3 player in the market, Equity (Cash, Derivatives, Prime Brokerage, Futures, Listed Derivs, FXPB) where Citi has a significant growth program to continue to build out its capabilities and services; and Syndicates where we support both Fixed Income and Equities.
Job Purpose:
This is an exciting opportunity to continue your career at Citi! We are looking for enthusiastic and energetic team players, with a strong work ethic, who will join Markets Operations. The role is part of the Futures, Derivatives & Clearing group; supporting collateral optimization through treasury management, exchange and broker margin calls, as well as T+1 Reconciliations & Controls. In addition, work on various strategic and business discretionary change programs of work.
You will play a pivotal part in helping to support the lifecycle of a trade, focusing on controls, reconciliations, and treasury management. Working closely with Business partners, and internal stakeholders to ensure all transactions flow through our front to back Operations teams, with no issues.
You will develop a broad and detailed understanding of the organization’s landscape, culture, processes, and Technology.
You will have the opportunity to recommend creative suggestions on how to improve processes to minimize losses from failed internal processes, inadequate controls, and emerging risk better serve our clients.
Have a business and analytical approach and mindset across processes and change initiatives.
Job Requirements
- Daily monitoring and processing of exchange, central clearing house margin calls
- Application of business acumen and analysing trends across treasury and control processes
- Creation and input into associated metrics to enable productivity measurement.
- Oversight of Balance Sheet accounts and proactively management of break resolution and escalation
- Liaison with Finance teams regarding applicability and validity of monthly Adjustments
- Execution of collateral asset movements and associated monitoring
- Ensure adherence to our regulatory requirements and understand these, always follow key processes and control requirement.
- Ability to communicate complex processes and workflows.
- Escalate clearly and promptly.
- Manage the investigation and resolution of breaks with Exchanges, Brokers, and Affiliates
- Improvement of daily processing to increase efficiency, identify where automation is required and drive solutions to completion.
- Ensure Standard Operating procedures are up to date and cover all functions, understand, and follow Citi policies and standards.
- Participation and ability to drive change initiatives both global strategic and regional discretionary and mandatory.
- Partner effectively with Business stakeholders, technology groups, finance, and compliance teams. Regionally across Asia and Globally.
- As a senior member of the team be able to take on supervisory functions, both on and offshore oversight when the team lead is absent.
- Required to have the ability to work autonomously and as an effective team member.
Essential Requirements
- Relevant Industry Experience: minimum of 5 years relevant experience in Financial Organization i.e. Investment Banking / Investment Management / Hedge Fund / Exchange
- Communication Skills: Exceptional verbal and written communication skills, with the ability to convey complex financial concepts clearly and effectively to a diverse audience.
- Problem-Solving: Proven track record of resolving issues efficiently and effectively, able to drill into the details, and address the root cause.
- Attention to Detail: Strong attention to detail, ensuring accuracy in communications, transactions, and reporting.
- Be able to demonstrate the relevant experience in operations risk management across the derivatives products.
- Ability to write business development requirements to initiate change and automation requests across technology stacks as well as low code automation solutions.
- Be familiar with the associated regulatory obligations across client money rules and margin calls across the Asian futures and derivative markets.
- Team Collaboration: Ability to work collaboratively with internal teams to ensure seamless service delivery and stakeholder satisfaction.
- Bachelor’s Degree/University degree or equivalent experience in Business, Accounting, or Finance
Preferred Requirements:
- Experience in linked to Futures and Derivatives Clearing
- Demonstrate business acumen across treasury management.
- Demonstrated ability to build, maintain relationships with business stakeholders, treasury, and finance groups.
- Experience with futures products from perspective of Clearing Broker, Exchange and or Buy Side
- Experience of margin and collateral processes for Exchange Derivative products and associated regulatory requirements.
- Track record of the ability to create and use of key productivity indicator metrics (KPIs)
- Track record of the ability to create and use of key risk indicator metrics (KRIs)
This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.
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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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