At a Glance
- Tasks: Resolve complex processing problems and support transformation in OTC Clearing.
- Company: Join Citi, a global financial institution at the forefront of innovation.
- Benefits: Enjoy 27 days holiday, hybrid work, competitive salary, and private medical insurance.
- Other info: Great opportunities for learning and career growth in a supportive environment.
- Why this job: Be part of a dynamic team driving change in the financial services industry.
- Qualifications: Experience in Financial Services and knowledge of OTC and ETD Clearing required.
The predicted salary is between 60000 - 75000 £ per year.
Are you looking for a career move that will put you at the heart of a global financial institution undergoing significant evolution and transformation? Then bring your expertise in analysis, problem-solving, operational excellence, quantitative skills, and technical acumen to Citi's Markets Operations team. By joining Citi, you will become part of a global organization whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.
Our Markets Operations group is at the core of all activity at Citi, with a significant impact across the lifecycle of a trade, and plays a key role in the overall client experience and strategic direction.
Role Overview: 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.
The House OTC Clearing Reconciliations Specialist – AVP is responsible for maintaining a robust risk and control environment supporting the House OTC Clearing business. The overall objective of this role is to facilitate the investigation and clearance of breaks relating to Cleared OTC business and to enable technology development to support existing and new business.
Responsibilities:
- Resolve complex processing problems which require an in-depth evaluation of basic cash and securities processing procedures and industry standards.
- Enable new account, CCP, and business requests in collaboration with the business, operations, and technology teams.
- Challenge the status quo and propose informed solutions.
- Engage across teams to resolve issues, maintain positive relationships and build an effective network to facilitate delivery.
- Contribute to or lead user stories to support change.
- Support transformation across the products supported by House OTC Clearing.
- Provide guidance and assistance to junior staff.
- Serve as an analytical or procedural expert for securities processing deliverables and initiatives.
Qualifications:
- Relevant experience within a Financial Services setting.
- Knowledge of OTC and ETD Clearing and underlying IRS and CDS products.
- Experience working in, and contributing to, a change environment.
- Consistently demonstrates clear and concise written and verbal communication skills.
- Bachelor's Degree, university degree, or equivalent experience.
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.
- Discretionary 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.
Futures & Derivatives Clearing - Control Team, AVP in City of Westminster employer: Citigroup, Inc.
Contact Detail:
Citigroup, Inc. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Futures & Derivatives Clearing - Control Team, AVP in City of Westminster
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, or even reach out to folks on LinkedIn. Building relationships can open doors that you didn’t even know existed.
✨Ace the Interview
Prepare for your interviews by researching the company and practising common questions. Think about how your skills in analysis and problem-solving can directly benefit Citi's Markets Operations team. Show them you’re the perfect fit!
✨Follow Up
After your interview, don’t forget to send a thank-you email! It’s a simple way to express your appreciation and reiterate your interest in the role. Plus, it keeps you fresh in their minds.
✨Apply Through Our Website
Make sure to apply through our website for the best chance at landing that job! We want to see your application and help you get started on this exciting journey with us at Citi.
We think you need these skills to ace Futures & Derivatives Clearing - Control Team, AVP in City of Westminster
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that are relevant to the Futures & Derivatives Clearing role. Highlight your analytical, problem-solving, and operational excellence skills to show us you’re a perfect fit!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you’re excited about joining Citi and how your background aligns with our mission. Be genuine and let your personality come through.
Showcase Your Communication Skills: Since clear communication is key in this role, make sure your written application is concise and well-structured. We want to see that you can convey complex ideas simply and effectively.
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy to navigate!
How to prepare for a job interview at Citigroup, Inc.
✨Know Your Stuff
Make sure you brush up on your knowledge of OTC and ETD Clearing, as well as the IRS and CDS products. Being able to discuss these topics confidently will show that you're not just familiar with the industry but also genuinely interested in the role.
✨Showcase Your Problem-Solving Skills
Prepare examples of how you've resolved complex processing problems in the past. Use the STAR method (Situation, Task, Action, Result) to structure your answers, demonstrating your analytical skills and ability to challenge the status quo.
✨Build Relationships
Citi values collaboration, so be ready to talk about how you've engaged with different teams to resolve issues. Highlight any experiences where you've maintained positive relationships while driving results, as this will resonate well with the interviewers.
✨Communicate Clearly
Practice articulating your thoughts clearly and concisely, both in writing and verbally. Since the role requires strong communication skills, consider doing mock interviews or asking a friend to help you refine your delivery.