Commodities Settlements Senior Analyst

Citi • Houston, TX

1d

About The Position

The Commodities Settlements Senior Analyst is an intermediate level position responsible for providing support across physical and financial commodity settlements. The overall objective of this role is to support traders, perform invoicing and payments, and improve process efficiency in overall workflow of settlements. 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 to better serve our clients. This is a great opportunity to join a high performing, high profile and energized team providing daily support to our Global traders and clients.

Requirements

• 5-8 years of experience in a related role
• Relevant Degree or equivalent experience
• Ability to work under pressure and manage deadlines
• Ability to work in a fast-paced environment
• Consistently demonstrates clear and concise written and verbal communication
• Attention to detail and intermediate problem-solving skills

Responsibilities

• Accurate and timely processing of invoicing/payments of all transactions and according to their legal agreements
• Ensure invoices are reconciled, processed and paid on time
• Provide in depth analysis of variances between booked and client amounts, and work with schedulers and traders to resolve any discrepancies
• Provide support to Front Office Sales and Trading for all commodity settlement related queries
• Escalation and resolution of settlement cash breaks
• Identify control deficiencies, resolve issues and escalate control gaps and issues to senior management when appropriate
• Contribute to bank change projects and the development of new techniques to improve processes and workflows
• Ensure procedures/process improvement are appropriately updated and documented
• Provide informal/formal leadership for the team, and coach and train new recruits, and provide guidance and support to junior staff

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