Securities & Derivatives Sr Analyst Hybrid

Citi • Jersey City, NJ

2d • $98,960 - $148,440 • Hybrid

About The Position

Citi Market Operations is at a pivotal point in its evolution and journey to implement a target operating model. We are passionate about our People and our culture, invested in people and their development. We are transforming and simplifying our operating model, creating an exciting environment that encourages diversity of thought and inclusion. We are a dynamic, global, and diverse organization 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), Equity (Cash, Derivatives, Prime Brokerage, Futures, Listed Derivs, FXPB), and Syndicates. Our Operations groups are core to the success of the Markets business and have a significant impact across the lifecycle of a Trade. We partner extensively with internal stakeholders including Front Office Sales and Trading Desks, Compliance, Legal, Finance, and HR, as well as having significant interaction with our external client base. Our Digitization and Implementation group delivers automation solutions, partnering with Citi’s innovation labs to drive optimization and achieve our target operating model. Our Technology groups develop and implement a wide range of applications, re-imagining how to provide technology and service through alignment of team vision, culture, and adoption of a micro-based containerized cloud environment. We encourage our people to create, explore, and be adventurous while taking measured risks and adopting safe practices. Data lineage and optimization are core to how we develop our ecosystem, and we are growing our capabilities using artificial intelligence, natural language processing, and machine learning. Our roles entail ensuring we operate in a robust control environment within a fast-paced workplace, complying with global regulations and internal policies, and adopting a proactive approach to identifying opportunities to reduce risk. We work closely with external global peers, partners, and regulators, playing an integral part in leading an agenda to optimize and streamline processes and drive strategy across our industry.

Requirements

• BS/BA degree or equivalent work experience preferred.
• Energetic, flexible, collaborative, and proactive; a leader who can positively and productively add product impact to both strategic and tactical technology.
• Strong, influential communicator who is articulate and concise.
• Strong risk management and control mindset.
• Provides evaluative judgment based on analysis of factual information in complicated, unique, and dynamic situations; draws on diverse range of internal and external sources.
• Self-reliant, good problem solver, results-oriented.
• Ability to establish and build trust with professionals throughout the business.
• Client Service experience essential, preferably within Prime Brokerage.
• Solid understanding of the life-cycle of trade processing for significant product types (Equity / Fixed Income / Derivatives). Includes trade capture, settlements, and reconciliations for the Equity and Fixed Income Prime Brokerage area.
• Experience and understanding of cash payments, reconciliations, and corporate actions preferable.

Nice To Haves

• Considerable understanding of key operational functions such as Settlements, Reconciliations, Trade Support, Treasury, and Corporate Actions.
• High-level knowledge and understanding of the Cash Equity and Fixed Income PB products.
• General knowledge of other PFD1 products such as Swap/Synthetic PB and Stock Lending is also highly desirable.
• Ability to be articulate, confident, intellectually agile, and professional in appearance and manner so that the franchise is well represented.
• Skillset to lead client meetings at hedge fund premises on topics such as Metric Pack presentation, Yearly/Half Year/Quarterly PB client service reviews, or ad-hoc issue/resolution meetings.
• Offer creative and innovative solutions (based on their skills) to client issues when they arise.
• Harness innovation skills to develop a record of process improvement, procedure control strengthening, and reduction of manual touch points (MTPs).
• Partner with the business and Client Executive team to facilitate new business pitches, smooth on-boarding of new clients, ad-hoc issue solutions, and product/platform capability questions.

Responsibilities

• Carrying out BAU (Business As Usual) tasks.
• Acting as the main point of contact for client/administrator operational queries.
• Trade handling across equity and fixed income PB, including trade capture, trade kick-outs, broker mapping, and connectivity issue resolution with clients/administrators.
• Management of client trade activity, liaising with settlements and clients to resolve any issues.
• Management of client cash activity, authorizations, reporting, and query resolution.
• Reviewing client cash balances/portfolios for operational issues.
• Documentation and publication of MIS where required.
• Completion of all daily processes and controls, including ad-hoc tasks.
• Driving initiatives to reduce Manual Touch Points (MTP’s) for local and global teams.
• Maintaining a culture and environment where processes, risks, and controls are continually monitored, and potential risks are escalated on a timely basis.
• Developing an effective control framework that fully meets audit, compliance, and regulatory requirements; delivery of periodic presentations to external regulators as required.
• Contributing to the creation of an infrastructure and toolset that will effectively manage risk and service clients to a high standard.
• Managing a number of the Prime Brokerage hedge fund clients.
• Being the main point of contact for all operational queries for the hedge fund client base.
• Interacting closely with clients/administrators and internally across the Business, Middle Office, and Operations.
• Providing high service level operational client support for high-focus Prime Brokerage clients.
• Supporting the team manager in project work and ad-hoc requests assigned to the team.
• Incorporating all aspects of Equity and Fixed Income Prime Brokerage operational client service – covering trade handling, free cash movements, fails management, and client account queries.
• Providing innovative value-add services to increase client experience and potential business revenue whilst reducing Manual Touchpoints (MTP’s) and driving operational efficiency.

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

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: Associate degree