Description
Team/Position Overview:
Collateral Optimization in Markets operations is a newly formed 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, Asian 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:
1. Running daily reports to enable the creation of funding projections to be shared with the Finance desk and Corp Treasury.
2. Manage settlement and exposures in triparty transactions across multiple triparty agents
3. Regular communication with clients and trading desks, with focus on exception reconciliation.
4. Engagement with Corporate Treasury stakeholders monitoring Treasury Controlled Locations
5. Documentation and publication of senior management reporting where required
6. Work closely with triparty agents and triparty infrastructures
People & Culture Agenda:
7. Build and develop relationships with other internal teams and clients
8. To oversee junior staff
9. Analyse unfunded positions and provide feedback to the business.
10. Manage multiple internal and vendor systems to find exceptions and resolve.
11. Prioritize daily workload efficiently to meet deadlines
12. Champion diversity and inclusion, supporting a work environment that allows our People to thrive and excel
13. Promote a culture of continuous improvement, cultivating a robust service and control environment
Robust Control Environment
14. Identify risk and root causes of non-settlement and work with team to input resolutions to achieve settlement and mitigate risk
15. Meet control standards and understand regulatory requirements
16. Enhance our client experience by identifying process improvements to increase the automation of daily processes.
17. Identify risk and root causes of non-settlement and work with team to input resolutions to achieve settlement and mitigate risk
Key Skills:
18. Excellent Microsoft skills
19. Previous relevant experience, preferable but not essential, or transferrable skillset
20. Effective verbal, written skills and analytical skills, Attention to detail
21. Problem solving
22. Teamwork
23. Proactive and willing to learn
This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.------------------------------------------------------Job Family Group: Operations - Transaction Services------------------------------------------------------Job Family:Securities and Derivatives Processing------------------------------------------------------Time Type:Full time------------------------------------------------------Most Relevant Skills Please see the requirements listed above.------------------------------------------------------Other Relevant Skills For complementary skills, please see above and/or contact the recruiter.------------------------------------------------------