Officer, Equities Delta One Middle Office Analyst 2
2 weeks ago
Citi Market 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 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 FI and EQ new issues and IPOs.
Our Operations groups are core to the success of the Markets business and have significant impact across the lifecycle of a trade. We partner extensively with a range of internal stakeholders including Front Office Sales and Trading Desks, Compliance, Legal, Finance and HR; alongside having significant interaction with our external client base, playing a key role in the overall client experience. We have a Client relationship group, dedicated to overseeing the Organizational service performance and strategic partnership for our top tier client base, where we play a key role in supporting our global clients to ensure they have a first-class experience when doing business with Citi.
Our Business Intelligence and Process Re-engineering group works alongside our Operations teams delivering automation solutions to solve for operational challenges. We partner with Citi’s innovation labs to drive optimization, and overall play a pivotal role in enabling us to transform to achieve our target operating model.
Our roles entail ensuring we operate in a robust control environment, whilst in a fast-paced workplace. We comply with global regulations and internal policies and adopt a proactive approach to identifying opportunities to reduce risk through the continuous evaluation of our controls; to protect our clients, the firm, and our reputation.
We work closely with our external global peers, partners and regulators, and play an integral part in leading an agenda at the forefront to optimize and streamline processes, and drive strategy across our industry.
**Job Background/context**
Responsible for providing first class operational Client support. The primary role will incorporate all aspects of Equity Swap operational Client Service - covering execution to allocation trade handling, trade lifecycle management, fails management and Client/Desk queries.
**Key Responsibilities**
- Primary contact for Client operational queries for select client base, and management of Client trade and settlement activity
- Provide support to Front Office Sales and Trading around trade execution and lifecycle management on Equity Swap & P-Note
- Support trade capture management and Client allocation, Front to Back reconciliation and identify operational risk and connectivity issue resolution with Tech partners
- Assist with new Client onboarding to our Prime Swap platform
- Help maintain a culture and environment where processes, risk and control are continually monitored, and potential risks escalated on a timely basis
**Key Characteristics**
- ** Operational Expertise**: demonstrate Basic to Fair understanding of key operational functions such as Settlements, Lifecycle Management, Reconciliations, Trade Support, and Corporate Actions within Global Markets
- ** Product Knowledge**: demonstrate Basic to Fair knowledge and understanding of the Cash Equity and Equity Swap product. A general knowledge of derivatives is highly desirable
- ** Innovation/Creative Thinking**: offer creative and innovative solutions to Client issues when they arise. Look to harness these innovation skills to develop a record of process improvement, procedure control strengthening and reduction of MTP
**Qualifications, Experience and Skills**:
- 1-3 years of relevant experience in a related role, with Client-facing exposure
- Relevant Degree (Business, Accounting, Finance) or equivalent work and industry experience preferred
- Cash Equity and Equity Swap product knowledge, and understanding of lifecycle management (trade capture, settlements, reconciliations) preferred
- Energetic, flexible, collaborative and proactive
- Self-reliant, good problem solver, results orientated
- Able to work effectively under pressure in a high-pace environment, able to meet BAU deadlines**Job Family Group**:
Operations - Transaction Services
- **Job Family**:
Securities and Derivatives Proce
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