House OTC Clearing Reconciliations Specialist

6 months ago


London, United Kingdom Citi Full time

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.

The House OTC Clearing Reconciliations Specialist - AVP is responsible for maintaining a robust risk and control environment supporting the House OTC Clearing business. The overall objective of this role is to facilitate the investigation and clearance or breaks relating to Cleared OTC business and to enable technology development to support existing and new business.

**Responsibilities**:
***
- Resolve complex processing problems which require an in-depth evaluation of basic securities processing procedures and industry standards.
- Enable new account, CCP, business requests in collaboration with the business, operations, and technology teams.
- Challenge the status quo and propose informed solutions.
- Engage across teams to resolve issues, maintain positive relationships and build an effective network to facilitate delivery.
- Contribute to or lead user stories to support change.
- Support transformation across the products supported by House OTC Clearing.
- Provide guidance and assistance to junior staff
- Serve as analytical or procedural expert for securities processing deliverables/initiatives

**Qualifications**:

- Relevant experience within a Financial Services setting
- Knowledge of OTC Clearing and underlying IRS and CDS products.
- Experience working in, and contributing to, a change environment.
- Consistently demonstrates clear and concise written and verbal communication skills.

**Education**:

- ** **Bachelor’s Degree/University degree OR equivalent experience

**What we’ll provide you**:
By joining Citi London, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed), and enjoy a whole host of additional benefits such as:

- 27 days annual leave (plus bank holidays)
- A discretional annual performance related bonus
- Private Medical Care & Life Insurance
- Employee Assistance Program
- Pension Plan
- Paid Parental Leave
- Special discounts for employees, family, and friends
- Access to an array of learning and development resources

Alongside these benefits Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self, every day. We want the best talent around the world to be energized to join us, motivated to stay and empowered to thrive.

LI-BH1
- **Job Family Group**:
Operations - Transaction Services
- **Job Family**:
Securities and Derivatives Process



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