At a Glance
- Tasks: Join a dynamic team managing day-to-day operations in financial markets.
- Company: Citi is a global leader in financial services, operating in over 160 countries.
- Benefits: Enjoy a full-time role with opportunities for growth and development.
- Why this job: Be part of exciting projects that shape the future of finance and enhance your skills.
- Qualifications: Ideal candidates are curious, energetic, and have experience in Futures Clearing or Markets Operations.
- Other info: Citi values diversity and offers equal opportunities for all applicants.
The predicted salary is between 36000 - 60000 £ per year.
Citi is seeking an Officer within Markets Operations organization supporting our Exchange Traded Derivatives and OTC Clearing business. The candidate will work in the EMEA Control and Balance Sheet Integrity team based in London. The role includes significant interface with the firm's business and finance partners, internal technology, regulatory compliance, and other Markets Operations teams. The candidate is expected to join the team that manages all day-to-day operations and controls associated with Cash and Trade reference data functions in support of NAM, EMEA and APAC regions. Additional responsibilities include joining projects and initiatives aligned to organizational priorities of process and platform simplification, service, robust control environment and people management. In the near term, the candidate will be heavily involved in business analysis, testing and migration support for a major platform replacement program expected to run until 2027.
Citi's Markets Operations group provides a full suite of strategic advisory and financing products to multinational and local corporations, financial and public sector institutions, governments, privately held businesses, and many of the world's most successful and influential individuals and families in more than 160 countries and jurisdictions. We provide world-class financial products and services as diverse as the needs of the thousands of corporations, institutions, governments and investors we serve. With trading floors in more than 80 countries, we work to enrich the relationships, products and technology that define our market-making presence. The breadth, depth and strength of our sales and trading, distribution and research capabilities span a broad range of asset classes, currencies, sectors and products - including equities, commodities, credit, futures, foreign exchange (FX), emerging markets, G10 rates, municipals, prime finance and securitized markets. Citi's Futures and Derivatives Clearing business consolidates Futures, OTC Derivatives and FX Prime Brokerage activity to provide clients with a comprehensive and consistent service experience. Citi Futures is one of the world's largest participants in exchange-traded derivative markets and has also established itself as a market leader in the evolving OTC Clearing world.
Responsibilities:
- Join a team of 7 that supports day-to-day books and records reconciliation (using our vendor tool) to balance trades, positions and cash to clearing house balances.
- Role includes extensive exposure to business managers and product controllers overseeing financial statements and ledgers.
- Identify opportunities to improve controls and simplify processes and take ownership to effect change.
- Contribute to project initiatives relating to team to ensure resource management and execution of key deliverables.
- Adhere to all control, compliance and regulatory requirements impacting function.
- Exception reporting and appropriate escalation of issues to Senior Management.
Qualifications:
- Prior relevant experience related to Futures Clearing and/or Markets Operations management.
- Deeply curious on the "why" behind the "what". We need someone energetic who has an appetite to continuously improve processes to drive better outcomes and lower risk.
- Experience with reconciliation, including change control, audit compliance, and integrity.
- Ability to communicate in a compelling manner with all levels of management and across functional areas - both written and oral.
- Ability to influence, create support and buy-in across a wide range of stakeholders, creating a strong network and relationships among peers, internal partners, external constituencies, senior decision makers and stakeholders.
- Logical, analytic and rationale thinker; strong data analytics capabilities are vital.
- Aptitude for assessing levels of risk and discernment to escalate items of potential concern while addressing remediation plans.
Analyst - Citi employer: Citi
Contact Detail:
Citi Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Analyst - Citi
✨Tip Number 1
Familiarise yourself with the latest trends in Futures Clearing and OTC Derivatives. Understanding the current market landscape will not only help you during interviews but also demonstrate your genuine interest in the role.
✨Tip Number 2
Network with professionals already working in Markets Operations or similar roles. Engaging with them on platforms like LinkedIn can provide valuable insights and potentially lead to referrals.
✨Tip Number 3
Brush up on your data analytics skills, as they are vital for this position. Consider taking online courses or certifications that focus on data analysis tools relevant to financial operations.
✨Tip Number 4
Prepare to discuss specific examples of how you've improved processes or controls in previous roles. Being able to articulate your contributions to efficiency and risk management will set you apart from other candidates.
We think you need these skills to ace Analyst - Citi
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and qualifications required for the Analyst position at Citi. Familiarise yourself with the specifics of the Markets Operations organisation and how it supports Exchange Traded Derivatives and OTC Clearing.
Tailor Your CV: Customise your CV to highlight relevant experience in Futures Clearing and Markets Operations management. Emphasise your analytical skills, experience with reconciliation, and any previous roles that involved compliance and control processes.
Craft a Compelling Cover Letter: Write a cover letter that showcases your enthusiasm for the role and your understanding of Citi's operations. Mention specific examples of how you've improved processes or managed projects in the past, aligning them with the responsibilities outlined in the job description.
Highlight Communication Skills: Since the role requires effective communication across various levels of management, ensure your application reflects your ability to convey complex information clearly. Provide examples of how you've successfully influenced stakeholders or collaborated with teams in previous positions.
How to prepare for a job interview at Citi
✨Understand the Role
Make sure you have a solid grasp of the Analyst position within Citi's Markets Operations. Familiarise yourself with key responsibilities such as reconciliation, compliance, and process improvement. This will help you articulate how your skills align with the job.
✨Showcase Your Analytical Skills
Given the emphasis on data analytics in this role, be prepared to discuss your experience with data analysis and problem-solving. Bring examples of how you've used these skills in past roles to drive better outcomes or simplify processes.
✨Communicate Effectively
Citi values strong communication skills. Practice articulating your thoughts clearly and concisely, both in writing and verbally. Be ready to demonstrate how you've influenced stakeholders or managed relationships in previous positions.
✨Prepare for Scenario Questions
Expect questions that assess your ability to handle real-world scenarios related to risk assessment and compliance. Think of examples where you've identified issues and implemented solutions, showcasing your proactive approach to problem-solving.