At a Glance
- Tasks: Support trade lifecycle by adjusting positions affected by corporate actions in risk systems.
- Company: Join Citi, a leading global bank with a dynamic and inclusive culture.
- Benefits: Enjoy competitive salary, generous holiday allowance, and private medical insurance.
- Other info: Hybrid working model and opportunities for professional development.
- Why this job: Kickstart your career in finance while collaborating with global traders and clients.
- Qualifications: Experience in equity derivatives and strong analytical skills 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 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.
What we need from you:
- 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.
What we can offer you:
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 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.
Equal Opportunity Employer: 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.
If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review, Accessibility at Citi. View Citi’s EEO Policy Statement and the Know Your Rights poster.
Equity Derivatives - Corporate Action Adjustments & Data Integrity (Assistant Vice President) in London employer: Citigroup, Inc.
Citi London is an exceptional employer that prioritises employee well-being and professional growth, offering a dynamic work environment with a hybrid model that promotes work-life balance. With generous benefits including a competitive salary, extensive holiday allowance, and access to comprehensive learning resources, employees are empowered to thrive in their careers while contributing to impactful financial and social initiatives. Join a high-performing team where your contributions are valued, and you can make a meaningful difference in the world of equity derivatives.
StudySmarter Expert Advice🤫
We think this is how you could land Equity Derivatives - Corporate Action Adjustments & Data Integrity (Assistant Vice President) in London
✨Tip Number 1
Network like a pro! Reach out to current employees at Citi or in the equity derivatives space. A friendly chat can give you insider info and might just lead to a referral.
✨Tip Number 2
Prepare for those interviews by brushing up on your knowledge of corporate actions and their impact on trading positions. Show us you know your stuff and can think on your feet!
✨Tip Number 3
Don’t forget to showcase your problem-solving skills! Be ready to discuss how you've improved processes in past roles. We love candidates who can bring fresh ideas to the table.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about joining our team and making a difference.
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 these are key for this position. We want to see how your skills align with what we’re looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re excited about this role and how you can contribute to our team. Be sure to mention any relevant projects or experiences that showcase your problem-solving skills.
Showcase Your Communication Skills:Since clear communication is crucial in this role, make sure your application reflects your ability to convey ideas concisely. Whether it’s in your CV or cover letter, we want to see that you can communicate effectively!
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way to ensure your application gets to us directly. Plus, it shows you’re serious about joining our team at Citi!
How to prepare for a job interview at Citigroup, Inc.
✨Know Your Corporate Actions
Make sure you brush up on your knowledge of corporate actions and how they impact trading positions. Be ready to discuss specific examples from your experience, as this will show that you understand the nuances of the role and can contribute effectively from day one.
✨Showcase Your Analytical Skills
As an AVP in Equity Derivatives, you'll need strong analytical skills. Prepare to discuss how you've used data analysis tools like Excel, VBA, or SQL in past roles. Bring examples of how you've improved processes or solved complex problems using these skills.
✨Demonstrate Team Collaboration
This role involves working closely with various teams, so be prepared to share experiences where you've successfully collaborated across departments. Highlight your communication skills and how you've built relationships with stakeholders to achieve common goals.
✨Emphasise Continuous Improvement
Citi values a culture of continuous improvement. Think of instances where you've identified inefficiencies and proposed enhancements. Be ready to discuss your mindset towards process improvement and how you can contribute to creating a robust service environment.