Sec&Derivatives AssocAnalyst

Citi Agency Lending is part of the overall Securities Services Business unit. The ASL Business facilitates the temporary transfer of securities from a lender to a borrower against collateral (securities or cash), enabling beneficial owners to generate incremental income on their portfolio securities. The services provided include: trade execution, trade settlement, collateral management, cash re-investment, recall/return processing, asset servicing and lender/borrower billing. Typical ASL clients include Mutual Funds, Insurance Companies, Pension Funds, Public Funds, Sovereign Wealth Funds, and Central Banks.The Securities & Derivatives Associate Analyst is a developing professional role. This role identifies policy and applies specialty knowledge in monitoring and assessing processes and data. Integrates established disciplinary knowledge within own specialty area with basic understanding of related industry practices. Good understanding of how the team interacts with others in accomplishing the objectives of the area. Develops working knowledge of industry practices and standards. Must be able to exchange information in a concise and logical way as well as be sensitive to audience diversity. Limited but direct impact on the business through the quality of the tasks/services provided. Impact of the job holder is restricted to own team.Responsibilities:

Individual mapped to this job description is responsible for securities transaction processing execution

Typically related to Securities Clearance Settlement and Derivative Operations

This may include providing analytic support to traders and support review of derivative products

Supports an expansive and or diverse array of products services

Follows established procedures to identify problems related to securities and derivatives settlement that require investigation or research

Assists in resolving problems by identifying and selecting solutions through the application of acquired technical experience and will be guided by precedents

Delivers reports to satisfy management requirements, support control activities, and the launch of products services

Provides assistance in the implementation of process improvements

Minimizes risk to the bank through increased knowledge of procedural requirements - understands and monitors errors to adhere to audit and control policies. (incl. reconciliation, payment and other processing systems)

Timely management and escalation of all requests inquiries issues errors, (mostly, but not limited to, post settlement)

Demonstrates an intermediate level of understanding of products and processes, and of how duties relate integrate with others in the team and closely related teams

Demonstrates an excellent knowledge of bank related systems

Utilizes strong communication, interpersonal and diplomacy skills to interact with colleagues and stakeholders, and to exchange potentially complex sensitive information, while being sensitive to audience diversity

Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.

Qualifications:

0-2 years of experience working in Treasury Operations or Middle Office

Good understanding of Treasury products, accounting and regulatory policies

Ability to work in a structured, high volume, time sensitive, high risk and demanding environment

Good analytical skills and positive attitude

Knowledge of Macros

Education:

Bachelor’s/University degree or equivalent experience

Key Responsibilities:

Support the daily maintenance of securities lending and investment transactions by assuring timely and accurate issuance of pertinent instructions and/or settlements.

Responsible for communicating with third party and internal vendors to fix breaks caused by all regions.

Assure timely settlement of securities loans/returns against agreed upon collateral.

Identify/address operational risks to business activities, assess the overall effectiveness of key controls that mitigate significant operational risks

Coordinate with internal operations and technology partners to both address one off exceptions, and identify areas where workflows can be streamlined

Job Family Group:Operations - Transaction ServicesJob Family:Securities and Derivatives ProcessingTime Type:Full timePrimary Location:Tampa Florida United StatesPrimary Location Full Time Salary Range:$49,010.00 - $68,390.00In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.Anticipated Posting Close Date:Aug 20, 2024Citi is an equal opportunity and affirmative action employer.Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. 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 (https://www.citigroup.com/citi/accessibility/application-accessibility.htm) .View the "EEO is the Law (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf) " poster. View the EEO is the Law Supplement (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/OFCCPEEOSupplementFinalJRFQA508c.pdf) .View the EEO Policy Statement (http://citi.com/citi/diversity/assets/pdf/eeoaapolicy.pdf) .View the Pay Transparency Posting (https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp%20EnglishformattedESQA508c.pdf)Citi is an equal opportunity and affirmative action employer.Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.