Asset Servicing Senior Analyst Assistant Vice President

Citi • Jersey City, NJ

5d

About The Position

The Asset Services Assistant Vice President (AVP) is a key leadership role responsible for ensuring the accurate and efficient processing of asset servicing events. This position requires strong analytical and problem-solving skills and the ability to lead and develop a team focused on continuous improvement. The AVP will oversee data analysis, reconciliation, transaction processing, and issue resolution related to complex voluntary corporate action events and other asset servicing functions, contributing to a culture of risk management and client satisfaction.

Requirements

• 5-7 years of relevant experience in financial services operations, with experience in asset servicing and corporate actions.
• Demonstrated leadership skills, including experience in managing and developing teams.
• Solid understanding of cash flows, accounting treatments, operational controls, and market practices.
• Knowledge of various investment instruments, including Equity securities, Fixed Income, and Asset-Backed securities.
• Strong analytical, problem-solving, and decision-making skills.
• Excellent communication, interpersonal, and presentation skills.
• Proficiency in MS Office Suite and other relevant industry software.
• Bachelor’s/University degree in Finance, Accounting, or a related field preferred.

Responsibilities

• Accurate reconciliation and efficient processing of positions related to Corporate Action events.
• Timely and effective execution of client instructions, proactively addressing potential challenges and ensuring adherence to established guidelines.
• Reconciliation, processing, and payment facilitation of voluntary corporate action events, ensuring compliance with regulatory requirements and internal controls.
• Maintain high-quality service standards by guiding the team in researching and responding to complex client inquiries.
• Analyze operational issues to identify root causes, collaborating with team members to develop and implement effective solutions.
• Champion a strong culture of compliance, driving team adherence to established procedures and controls, proactively monitoring and adapting to changes in market regulations, and ensuring all team members are adequately trained.
• Provide guidance, mentorship, and training to team members, fostering a positive and productive work environment.
• Assess risks associated with team activities, demonstrating a commitment to protecting Citigroup's reputation, clients, and assets. Escalate, manage, and report control issues effectively.
• Collaborate with key stakeholders, including clients, internal business partners, and other departments, to improve processes and enhance service delivery.
• Contribute to the implementation of strategic initiatives aimed at improving process efficiency, reducing operational risk, and enhancing client satisfaction.

Benefits

• In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards.
• Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs.
• Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays.
• For additional information regarding Citi employee benefits, please visit citibenefits.com.
• Available offerings may vary by jurisdiction, job level, and date of hire.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees