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Job Overview
Transaction Expense Efficiency Analyst
By joining Citi, you will become part of a global organisation whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.
Team / Role Overview
The Business Expense Transparency group is a global function with the mandate of optimizing transaction expenses and implementing best‑in‑class expense management practices. The team has a strong presence in NAM, EMEA and APAC and looks at all areas of the expense base, including supply management, demand management, expense reporting, analysis and control, expense systems developments and data transparency.
What You’ll Do
* Category Management & Expense Efficiency – identify savings initiatives and lead/drive them forward.
* Trade Expense Analytics – produce trading expense analytics to facilitate transparency and ultimately reduce expenses.
* Financial Reporting & Operations – accounting, control and payments processing of brokerage, clearing and exchange fees.
The main challenge of the role is to gather the information necessary to develop P/L and cash‑impact reports and ensure expenses are accurately aligned to the firm’s financial accounts.
Expense Efficiency
* Work directly with business stakeholders to identify and execute cost‑reduction and usage‑optimization strategies around brokerage, clearing and exchange fee expense lines.
* Develop trade analysis, metrics and reporting to enhance transparency into product and instrument‑level usage and expense trends.
* Support control processes to ensure expenses are accurately validated, reflect business economics and adhere to standardized controls (payments, reconciliations, expense allocations).
* Liaise with finance and operations teams across regions to ensure expenses are accurate by business and region.
* Support processes to ensure BCE expenses are in line with the firm’s trading activity (GL investigations, monthly accruals, prepayments and reconciliations).
* Participate in expense review meetings with trading desks, business CAOs and finance colleagues to discuss actual expense results against plan and historic trends.
Expense Reviews & Projects
* Prepare monthly reports analysing BC&E expenses by division, region and expense line.
* Lead expense review meetings with trading desks, business CAOs and finance colleagues to discuss actual result trends.
* Revamp existing allocation and accrual processes in partnership with operations, business CAO’s and trade level analytics team.
* Participate in projects to develop enhanced accrual accuracy and invoice reconciliation processes via integration of trade analytics system (VarCiti) into month‑end activities and reporting.
Governance
* Support the overall BC&E control process, working closely with the CoE, reviewing monthly accruals, payments and expense line variance.
* Support operating and administrative functions at the COE site in Chennai (including BCE invoice approvals, new BCE vendor approvals).
* Participate in the development and integration of BC&E systems via AI and automation.
* In‑depth exposure to capital markets and investment banking activities, including products traded and key market participants.
* Opportunity to develop multi‑product knowledge across all asset classes and businesses.
* Exposure to all areas of front office, including traders, trading managers, business unit managers and CAOs.
What We Need From You
* Strong experience preparing management reports for a diverse group of users, including business managers and senior management.
* Understanding of investment and consumer banking products traded, including fixed income, currencies, commodities and equities preferred.
* Strong financial accounting background with experience creating and processing timely accruals. Full‑qualified accountant (ACA, ACCA, CIMA) preferred.
* Strong experience with general ledger reconciliations and implementing robust accounting control processes.
* Proven experience reconciling, investigating & resolving issues or variances.
* Proven track record of identifying & implementing process improvements.
* Strong financial analytic skills – accounting concepts and prior working knowledge of reporting and general ledger systems.
* Strong communication skills necessary to communicate processes effectively.
* PC skills essential, including advanced MS Excel and PowerPoint.
* Ability to understand complex data and condense into key themes / summarise for intended audience.
* Ability to self‑initiate, persevere and multitask across concurrent projects.
* Bachelor’s degree or equivalent, preferably in Finance or Accounting.
* Confident under pressure with a strong desire to succeed.
* Ability to multi‑task, meet tight deadlines.
What We Can Offer You
* 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.
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 Belfast, you will work in a hybrid model (up to 2 days at home per week) and receive a competitive base salary. Sounds like Citi has everything you need? Then apply to discover the true extent of your capabilities.
Job Family Group
Corporate Services – Supply Chain
Time Type
Full time
Equal Opportunity & Accessibility
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