At a Glance
- Tasks: Analyse derivatives data and manage documentation workflows to ensure data integrity.
- Company: Join Citi, a global leader in financial services with a collaborative culture.
- Benefits: Enjoy hybrid working, competitive pay, and comprehensive benefits tailored for you.
- Other info: Gain exposure to diverse business functions and access structured learning opportunities.
- Why this job: Make a real impact on Citi's derivatives infrastructure while developing your expertise.
- Qualifications: Experience in derivatives documentation and strong analytical skills required.
The predicted salary is between 56700 - 69300 £ per year.
Citi's Markets business is looking for a Senior Business Analyst to join a globally managed team at the centre of derivatives data integrity and collateral operations. In this role, you will take ownership of day-to-day data and documentation workflows within Master Agreement Central (MAC), a critical web-based repository that underpins collateral processing across Citi's downstream systems and business functions. Your work will directly shape the accuracy and reliability of data that is relied upon by margin operations, risk and control teams, technology, and client onboarding functions across the firm.
Responsibilities
- Analyse derivatives documentation and accurately apply contractual terms within MAC to ensure the integrity of data relied upon by downstream Citi systems and stakeholders.
- Manage high volumes of daily communications from internal business functions — including margin operations, XVA, technology, and client onboarding — resolving data and documentation issues within MAC efficiently and to deadline.
- Take senior ownership of project deliverables, coordinating workstreams across data, technology, and product initiatives while contributing directly to team strategy and workload planning.
- Lead the preparation and presentation of analytical work to support both internal and external audit processes, ensuring findings are clearly communicated to all relevant stakeholders.
- Assess and resolve margin breaches arising from operations teams by identifying root causes within MAC data and applying appropriate corrective action.
- Evaluate collateral schedules — covering both regulatory initial margin and variation margin — and ensure that collateral composition within MAC accurately reflects the terms of the underlying security agreements.
- Participate in MAC strategy, development, and maintenance discussions, contributing informed analysis to decisions that affect the platform and its user community.
Required Qualifications & Skills
- Experience in a role involving derivatives documentation, collateral operations, or a closely related area of financial services.
- Demonstrated ability to interpret, analyse, and apply information from collateral schedules within security agreements to real operational scenarios.
- Proven capacity to manage multiple concurrent tasks and respond dynamically to shifting priorities in a fast-paced environment.
- Bachelor's degree or equivalent professional experience.
Beneficial Skills & Qualifications
- Familiarity with the MAC (Master Agreement Central) application or similar centralised data repository platforms used in financial operations.
- Working knowledge of legal agreements relevant to derivatives and collateral, such as ISDA master agreements or credit support annexes.
- General understanding of Citi's Markets business, including the functions and interdependencies of margin operations, risk and control, and client onboarding teams.
What We Offer
- This is an opportunity to build a meaningful career at the heart of a global Markets function, working alongside experienced professionals on a platform that sits at the core of Citi's derivatives infrastructure.
- You will gain exposure to a wide range of business functions, develop deep expertise in collateral and derivatives data operations, and take on genuine ownership in a role that carries real impact.
- A hybrid working model with 3 days in the office and 2 days working remotely, giving you flexibility alongside meaningful team collaboration.
- Senior-level exposure to internal and external audit processes, MAC platform strategy, and cross-functional business initiatives from day one.
- Direct involvement in team strategy and workload planning, with the opportunity to shape how the team operates and evolves.
- Access to Citi's global network of professionals across Markets, technology, risk, and operations — broadening your perspective and professional connections.
- Structured learning and development opportunities to deepen your expertise in derivatives documentation, collateral management, and financial data operations.
- Competitive financial wellbeing support and a comprehensive benefits package tailored to your location.
Apply now to take ownership of a role where your expertise in derivatives data and collateral operations will have a direct and measurable impact on Citi's global Markets infrastructure.
Senior Business Analyst - Derivatives Data & Collateral Operations, Assistant Vice President in Belfast employer: CitiGroup
Citi is an exceptional employer that offers a dynamic work environment where employees can thrive and make a significant impact in the investment banking sector. With a strong focus on professional development, team collaboration, and community engagement, associates are empowered to grow their careers while contributing to meaningful projects within the Consumer, Luxury & Retail team. Located in a vibrant city, Citi provides unique opportunities for networking and exposure to leading global consumer players, making it an ideal place for ambitious professionals seeking rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Business Analyst - Derivatives Data & Collateral Operations, Assistant Vice President in Belfast
✨Tap into Campus Networks
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Don’t shy away from reaching out directly to firms like CitiGroup. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Senior Business Analyst - Derivatives Data & Collateral Operations, Assistant Vice President in Belfast
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to CitiGroup.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on CitiGroup's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at CitiGroup
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with CitiGroup.
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Since this is a full-time position, employers at CitiGroup will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former CitiGroup employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
