Commodities Middle Office Assistant Vice President Senior Associate Analyst
About The Position
This is an Assistant Vice President (AVP) role within the NAM Commodities Middle Office team. This is a great opportunity to join a high performing, high profile and energized team providing daily support to our global Commodities Trading desks and their Clients. The NAM Commodities Middle Office team is primarily responsible for ensuring accurate capturing and execution of trades in a timely and efficient manner. The global Commodities businesses transact high volumes across many different markets including Oil, Gas, Power, Softs/Ags, Exotics, Index and Emissions. Support provided to these desks include controls related to trade capture, position reconciliation, trade life cycle management and regulatory compliance to ensure correct risk bookings for our global Commodities businesses and to minimize bank risk through ensuring adherence to audit and control policies. The NAM Commodities Middle Office Assistant Vice President (AVP) role is a team lead position with dual aspect providing experienced support to the global Commodities businesses as well helping to contribute to key projects/initiatives across various functions and desks.
Requirements
- 4+ years of experience in a related role
- Knowledge and understanding of Commodities or financial derivatives
- Ability to work in a fast-paced environment, multi-task under pressure, and manage to competing deadlines
- Energetic, flexible, collaborative, and proactive
- High degree of accuracy and attention to detail
- Strong analytical, critical thinking and proactive problem solving skills
- Demonstrated project management skills
- Proven ability to quickly understand and critically assess complex issues and processes
- Consistently demonstrates clear and concise written and verbal communication skills
- Ability to work with multiple functional groups in a cohesive manner
Responsibilities
- Identify trade discrepancies and escalate trade breaks timely to various Commodities Trading desks
- Help to resolve trade breaks between trade capture systems and clients, brokers and exchanges/FCMs
- Reconciliation of exchange-traded positions between trade capture systems and exchanges
- Reconciliation of OTC bilateral trades between trade capture systems and clients and brokers
- Perform regulatory controls (e.g., exchange position limits monitoring, ISDA protocols pre-trade mid-mark compliance, SDR reporting timeliness) to ensure adherence to regulatory requirements and prevent regulatory breaches
- Research and resolve complex trade flow issues in a timely manner
- Advise Front Office (Sales, Trading, Structuring) on complex trade structures and assist with new product setups
- Work in close partnerships with Front Office, Financial Control, Operations and Technology teams to ensure trades are accurately captured and processed through the risk systems
- Provide guidance/support to junior team members and train/coach new joiners
- Produce metrics/KPI and prepare senior-level management reporting/presentations as needed
- Identify areas for improvement and drive change to enhance controls and reduce manual intervention
- Contribute to key projects/initiatives related to trade life cycle, process improvements, control gaps and risk mitigation
- Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.
Benefits
- medical
- dental & vision coverage
- 401(k)
- life, accident, and disability insurance
- wellness programs
- paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays
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What This Job Offers
Job Type
Full-time
Career Level
Senior
