At a Glance
- Tasks: Manage corporate actions and ensure accurate risk positions for equity trading.
- Company: Join Citi, a leading global financial services company with a dynamic culture.
- Benefits: Enjoy competitive salary, generous holiday allowance, and private medical insurance.
- Other info: Hybrid working model with opportunities for professional growth and development.
- Why this job: Kickstart your career in finance while collaborating with global traders and clients.
- Qualifications: Experience in trade support and strong understanding of equity derivatives required.
The predicted salary is between 60000 - 80000 £ per year.
This is an Assistant Vice President (AVP) role within the Markets Operations Organisation. The role sits within a newly created team in the Equity Derivative Middle Office with a primary function of adjusting live positions affected by Corporate Actions in the Front Office Risk System for all EMEA Equity Trading Desks.
You will play a pivotal part in helping to support the lifecycle of a trade at key junctures, ensuring all positions are correctly captured in risk systems and flow through our front to back Operations teams, with no issues. This is a great opportunity to join a high performing, high profile and energized team providing key support on a daily basis, and working directly with our Global Traders and Clients. You will build a strong network with the Front and Middle Office functions and will also gain experience dealing with all types of traded securities from vanilla options to more complex exotic options and structured products.
We’re seeking individuals with experience, and the ideal candidate will be familiar with corporate actions and their effects on trading positions. You will have the opportunity to recommend creative suggestions and work on new and existing projects to improve processes and workflows to minimize losses from failed internal processes, inadequate controls, and emerging risk in order to better serve our Clients. This is an exciting opportunity to kick start your career at Citi! We are looking for enthusiastic and energetic team players, with a strong work ethic, who will join the Markets Operations team and make a difference!
What you'll do- Overseeing and executing a critical core operations activity to maintain correct risk through corporate action events and ensuring controls are continually monitored, and potential risks escalated on a timely basis.
- Daily collaboration across Global Clients, Trading, and Operations teams to provide solutions and identify/resolve root cause.
- Acting as key point of contact for the team across internal and external stakeholders.
- Identifying trends, synergies and weaknesses across products and regions.
- Recommending control enhancements as needed.
- Promoting a culture of continuous improvement and cultivating a robust service and control environment.
- Championing diversity and inclusion to create a working environment which allows our People to thrive and excel.
- Providing input to simplify, improve and measure processes by delivering enhancements to the control environment, and the customer journey with input to design techniques and digital automation.
- Providing valuable input into strategic platform re-engineering initiatives, reducing manual touch points and aligning tech delivery vs. business goals and wallet share optimization.
- Providing input into initiatives to continuously improve straight through processing (STP) rates, including the use of robotics, workflow and other innovative re-engineering techniques.
- Experience in a related role.
- Experience in dealing with Trade Bookings, Front to Back trade flows, Trade Support or Middle Office Functions.
- Strong understanding of Equity Derivatives.
- Demonstrated project management and delivery skills.
- Ability to work under pressure and manage to deadlines.
- Ability to work in a fast-paced environment.
- Consistently demonstrates clear and concise written and verbal communication.
- Attention to detail and problem-solving skills.
- Process improvement and efficiency mindset.
- Understanding of systems and technology platforms.
- Expert Excel user and coding ability (VBA, SQL) for data analysis and process automation.
- Bachelor’s degree/University degree or equivalent experience.
We work hard to have a positive financial and social impact on the communities we serve. In turn, we put our employees first and provide the best-in-class benefits they need to be well, live well and save well. By joining Citi London, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed), and enjoy a whole host of additional benefits such as:
- Generous holiday allowance starting at 27 days plus bank holidays; increasing with tenure.
- A discretional annual performance related bonus.
- Private medical insurance packages to suit your personal circumstances.
- Employee Assistance Program.
- Pension Plan.
- Paid Parental Leave.
- Special discounts for employees, family, and friends.
- Access to an array of learning and development resources.
Alongside these benefits, Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day. We want the best talent around the world to be energized to join us, motivated to stay, and empowered to thrive.
Equity Derivatives - Corporate Action Adjustments & Data Integrity (Assistant Vice President) in London employer: Citibank (Switzerland) AG
Citi London is an exceptional employer that prioritises employee well-being and professional growth within a dynamic, hybrid work environment. With a strong commitment to diversity and inclusion, employees enjoy generous benefits including a competitive salary, extensive holiday allowance, and access to comprehensive learning resources, all while being part of a high-performing team that directly impacts global trading operations.
StudySmarter Expert Advice🤫
We think this is how you could land Equity Derivatives - Corporate Action Adjustments & Data Integrity (Assistant Vice President) in London
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out on LinkedIn. Building relationships can open doors that a CV just can’t.
✨Ace the Interview
Prepare for your interviews by researching the company and the role inside out. Practice common interview questions and think of examples from your experience that showcase your skills. Remember, confidence is key!
✨Show Your Passion
When you get the chance to chat with potential employers, let your enthusiasm shine through! Talk about why you’re excited about the role and how you can contribute to their team. Passion can set you apart from other candidates.
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team at Citi.
We think you need these skills to ace Equity Derivatives - Corporate Action Adjustments & Data Integrity (Assistant Vice President) in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the role. Highlight your experience with corporate actions and equity derivatives, as this will show us you understand the key aspects of the job.
Craft a Compelling Cover Letter:Your cover letter should tell us why you're excited about this role and how your skills align with our needs. Be genuine and let your personality shine through!
Showcase Your Problem-Solving Skills:In your application, give examples of how you've tackled challenges in previous roles. We love candidates who can think on their feet and come up with creative solutions.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role!
How to prepare for a job interview at Citibank (Switzerland) AG
✨Know Your Corporate Actions
Make sure you brush up on your knowledge of corporate actions and their impact on trading positions. Be prepared to discuss specific examples from your past experience where you've dealt with these situations, as this will show your understanding and expertise in the field.
✨Showcase Your Analytical Skills
As an AVP, you'll need to demonstrate strong analytical skills. Bring examples of how you've used Excel or coding (like VBA or SQL) to solve problems or improve processes. This will highlight your technical abilities and your mindset for efficiency.
✨Communicate Clearly
Since you'll be collaborating with various teams, practice clear and concise communication. Prepare to explain complex concepts in simple terms, as this will be crucial when liaising with traders and clients. Consider doing mock interviews to refine your delivery.
✨Emphasise Teamwork and Culture Fit
Citi values a diverse and inclusive culture, so be ready to discuss how you can contribute to this environment. Share experiences that showcase your ability to work in a team and promote a positive workplace culture, as this will resonate well with the interviewers.