Margin Operations Senior Analyst: Data Driven Transformation Expert
6 days ago
Citi Markets Operations is at a pivotal point in its evolution, transforming and simplifying its operating model to create an exciting environment that encourages diversity of thought and inclusion. As a dynamic, global, and diverse organization with a presence in over 60 countries, we cover all front post execution operations teams, including product-aligned middle office groups, settlements, margin, asset servicing, listed derivatives & commodities operations. We support a wide range of capital markets products and services, consistently ranking among the top players in the market.
Job Purpose:
Margin Operations is part of Markets Operations, mitigating credit risk and ensuring regulatory compliance through core responsibilities such as margin calls processing, collateral optimization, exception resolution, and regulatory compliance. We play a significant role in supporting both internal and external clients throughout the end-to-end margin process, covering OTC derivatives, futures/clearing, fixed income finance, prime broker, and cross-product margining. Interaction and collaboration with front office sales and trading desks, credit risk, finance, legal, and compliance are required for daily margining processes.
Key Responsibilities:
- Develop and implement innovative solutions to improve existing processes
- Play a key role in existing projects on the roadmap and act as a subject matter expert (SME) on new projects or regulations
- Ensure robust control environments while working in a fast-paced workplace
- Comply with global regulations and internal policies, adopting a proactive approach to identifying opportunities to reduce risk
Risk Management:
Assess risk when business decisions are made, demonstrating consideration for the firm's reputation and safeguarding Citigroup, its clients, and assets. Implement a successful risk/control environment related to collateral and/or margin processes.
People & Inclusion Agenda:
Promote a culture of continuous improvement and cultivate a robust service and control environment. Champion diversity and inclusion to create a working environment that allows our people to thrive and excel.
Organisational Transformation:
Provide input to simplify, improve, and measure processes by delivering enhancements to the control environment and customer journey. Contribute to strategic platform re-engineering initiatives, reducing manual touch points and aligning tech delivery with business goals. Provide valuable input into initiatives to continuously improve straight-through processing (STP) rates, including the use of robotics, workflow, and other innovative re-engineering techniques.
Qualifications and Skills:
- Relevant experience, preferably with experience working in a financial services role where analytical, process-oriented skills were delivered
- Foundational experience and knowledge of margin/collateral management or derivatives settlements operational functions
- Excellent verbal, written, and presentation skills, with the ability to interact with stakeholders of different levels of seniority and from different areas of the firm
- Motivation and intellectual curiosity to learn about the full 'front-to-back' process and related teams overtime to be more effective
- Requires analytical skills to filter, prioritize, and validate potentially complex material from multiple sources
Salary and Benefits:
This exciting opportunity offers a competitive salary package, including an estimated £65,000 - £80,000 per annum, depending on experience, plus benefits such as award-winning pension, on-site health services, private medical insurance packages, paid parental leave, and generous holiday allowance starting at 27 days plus bank holidays; increasing with tenure.
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