Triparty Collateral Management Senor Analyst - Assistant Vice President

Organization Overview: Markets Operations represents the evolution and transformation of Operations in the Finance Industry which creates a uniqueness about how we deliver our products and solutions. We take pride and are passionate about our People and our culture. We are invested in you, your experiences, development, and in building a successful career for you at Citibank. We are modernizing everything we do; allowing flexibility and creating an exciting environment which encourages diversity of thought and inclusion. We are a dynamic, global, and diverse Organization, with a presence in over 60 Countries; covering all post execution Operations teams including product aligned Middle Office groups, Settlements, Margin, Asset Servicing, Listed Derivative, Clearing & Commodities Operations.

We support an extensive range of Capital Markets products and services including Fixed Income (FX, Rates, Credit, Muni, Cash and Derivatives) where Citi is consistently a dominant top 3 player in the market, Equity (Cash, Derivatives, Prime Brokerage, Futures, Listed Derivatives, Clearing and Foreign Exchange Prime Brokerage) where Citi has a significant growth program to continue to build out its capabilities and services; and Syndicates where we support both FI and EQ new issues and IPOs. Our Operations groups are the core of all activity at the Firm and have significant impact across the lifecycle of a trade. We partner extensively with a range of internal stakeholders such as Front Office Sales and Trading Desks, Compliance, Legal, Finance and HR; alongside having significant interaction with our external client base, playing a key role in the overall client experience.

We have a client relationship group dedicated to overseeing service performance and strategic partnerships with top tier clients, where we play a key role in supporting global clients to ensure they have a first-class experience when doing business with Citi. 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.

Job Description Team/Position Overview: Collateral Optimization in Markets operations is a growing team established to deliver best-in class capabilities in collateral management, inventory management, risk management and collateral efficiency. The team supports global markets business working across products, regions and divisions, with a broad range of stakeholders. The objective of the team is to deliver efficient, controlled and scalable collateral optimization, supporting cost reduction and capacity growth.

The position advertised is a senior analyst role within the Collateral Funding & Projections team residing within the wider Collateral optimization business unit. This is a great opportunity to join a high performing & energized team who directly interact with triparty agents, global clients, exchanges, central securities depositories (CSDs), central counterparties (CCPs) and support our trading desk across 3 key regions (Europe, Asia and the United States).

The senior analyst will be responsible for the production of the daily collateral & liquidity funding reports to the business and Corporate Treasury, providing continuous monitoring of the settlement of trades, the management of fails ensuring collateral demand is met with collateral supply and the identification and management of risk. This is a high-profile global team with exposure to large value trades and at times high volume. The role involves daily engagement with clients, internal stakeholders and triparty vendors to resolve collateral settlement issues and identify/resolve root cause. The successful candidate will receive supportive training and a personal development plan to help them succeed within this role and develop their career at Citi.

Key Responsibilities

• Stakeholder Engagement: Running daily reports to enable the creation of funding projections to be shared with the Finance desk and Corp Treasury.
• Regular communication with clients and trading desks, with focus on exception reconciliation.
• Engagement with Corporate Treasury stakeholders monitoring Treasury Controlled Locations.
• Manage settlement of Triparty Repo transactions.
• Documentation and publication of senior management reporting where required.
• Work closely with triparty agents and triparty infrastructures.

People & Culture Agenda:

• Build and develop relationships with other internal teams and clients.
• To oversee junior staff.
• Analyse unfunded positions and provide feedback to the business.
• Investigate large volumes of data to find and resolve differences in trade economics.
• Manage multiple internal and vendor systems to find exceptions and resolve.
• Prioritize daily workload efficiently to meet deadlines.
• Champion diversity and inclusion, supporting a work environment that allows our People to thrive and excel.
• Promote a culture of continuous improvement, cultivating a robust service and control environment.

Robust Control Environment

• Identify risk and root causes of non-settlement and work with team to input resolutions to achieve settlement and mitigate risk.
• Meet control standards and understand regulatory requirements.
• Enhance our client experience by identifying process improvements to increase the automation of daily processes.

Key Skills:

• Excellent Microsoft skills.
• Previous relevant experience, preferable but not essential, or transferrable skillset.
• Effective communication and analytical skills, Attention to detail.
• Problem solving.
• Teamwork.
• Proactive and willing to learn.
• Good time management.

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.