Officer, Prime, Futures & Derivatives Clearing, OTC Bilateral Margin Operations Analyst

Discover your future at Citi

Working at Citi is far more than just a job. A career with us means joining a team of more than 230,000 dedicated people from around the globe. At Citi, you’ll have the opportunity to grow your career, give back to your community and make a real impact.

Job Overview

At Citi, we get to connect millions of people across hundreds of cities and countries every day.  And we've been doing it for more than 200 years.  We do this through our unparalleled global network.  We provide a broad range of financial services and products to our clients – whether they be consumers, corporations, governments or institutions – to help them meet their biggest opportunities and face the world's toughest challenges.

Shape your Career with Citi

Citi’s Markets business provides world-class solutions and an unmatched global presence.  We serve corporates, institutional investors and governments from trading floors in almost 80 countries.  The strength of our underwriting, sales and trading and distribution capabilities span asset classes and currencies, providing us with an unmatched ability to meet the needs of our clients.

We’re currently looking for a high caliber professional to join our team as Officer, Prime, Futures & Derivatives Clearing, OTC Bilateral Margin Operations Analyst - Hybrid (Internal Job Title: Securities & Derivatives Analyst 1 – C09) based in Hong Kong.  Being part of our team means that we’ll provide you with the resources to meet your unique needs, empower you to make healthy decision and manage your financial well-being to help plan for your future.  For instance:

• Citi provides programs and services for your physical and mental well-being including access to telehealth options, health advocates, confidential counseling and more. Coverage varies by country.
• We believe all parents deserve time to adjust to parenthood and bond with the newest members of their families. That’s why in early 2020 we began rolling out our expanded Paid Parental Leave Policy to include Citi employees around the world.
• We empower our employees to manage their financial well-being and help them plan for the future.
• Citi provides access to an array of learning and development resources to help broaden and deepen your skills and knowledge as your career progresses.
• We have a variety of programs that help employees balance their work and life, including generous paid time off packages.
• We offer our employees resources and tools to volunteer in the communities in which they live and work. In 2019, Citi employee volunteers contributed more than 1 million volunteer hours around the world.

Prime, Futures & Derivatives Clearing, OTC Bilateral Margin Operations Analyst/Officer is a junior level role responsible for managing collateral daily to protect the Firm from Counterparty risk of default. Our Counterparties include Hedge funds, Pension Funds, Banks, National Governments, and Insurance Companies etc. On a daily basis we process high volumes of cash and security movements to cover our exposures. Our role means we work closely with colleagues in Onboarding, Credit, Risk, Legal, Compliance, Products, Sales and Trading giving you the opportunity to interact on a global scale.

In this role, you’re expected to:

• Focus on High quality and accuracy of data input and verification
• Agreeing exposures with Counterparties utilizing cash, securities and re-pricing
• Coordinating, monitoring, booking and approving a high volume of collateral movements using Citi’s internal systems.
• Investigation and resolution of collateral breaks, disputes and queries.
• Timely completion of reconciliations and reporting processes.
• Assist management in identifying process or system enhancements
• Help to create and build an environment of teamwork and encourage two-way communication across the unit.
• Capable of making informed decisions in line with critical deadlines
• Contribute to the successful migration of processes or technical advancements into area of responsibility
• Proactively champion Citi’s Ethical Culture and Responsible Behaviors practices.
• Be an ambassador for the Margin Operations team, raising the profile of the unit across the EMEA, NAM and APAC areas

As a successful candidate, you’d ideally have the following skills and exposure:

• BS/BA degree and equivalent work experience
• 2+ years of working experience in Tier 1 global financial institution preferably in a Collateral Management / Margin processing role
• Basic understanding and experience in the Collateral Management / Margin processes and products including but not limited to Equities, Futures, Listed/Centrally cleared derivatives, OTC derivatives, FX and commodities and their associated legal documentation
• Knowledge of using third party Collateral Management / Portfolio reconciliation / Settlement Processing tools - Acadia, TriResolve, Alert, etc. is a plus.
• Energetic, flexible, collaborative, and proactive; a leader who can positively and productively add product impact to both strategic and tactical technology
• Self-reliant, good problem solver, results oriented
• Displays a well-developed ability to schedule work and understand relative priorities
• Effective verbal and written skills
• Effective communication and analytical skills• Effective relationship management skills
• Good level proficiency in Windows and MS Office Suite

Working at Citi is far more than just a job. A career with us means joining a family of more than 230,000 dedicated people from around the globe. At Citi, you’ll have the opportunity to grow your career, give back to your community and make a real impact.

Take the next step in your career, apply for this role at Citi today

https://jobs.citi.com/dei

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Job Family Group:

Operations - Transaction Services

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Job Family:

Securities and Derivatives Processing

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Time Type:

Full time

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Most Relevant Skills

Please see the requirements listed above.

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Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

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Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.

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