Location: Getzville,NY, USA
The Collateral Funding and Projections team are responsible for the accurate and optimal funding at the Tri Party agents in support of SFT, Repo, Cleared and OTC transactions. The team is part of the newly formed Collateral Optimisation function of Markets Operations that has investments in flight to transform the processes that are performed today with market leading technology and innovation. The successful candidate will have a strong focus on process improvement and risk management and excellent communication skills to contribute to the planned changes. The role will need to balance supporting the team in their current BAU processes, providing support to the VP team manager and oversight of the team's risk management responsibilities. The successful candidate will be able to provide support and guidance to a junior team locally and work with a wider team across the globe.Responsibilities:Resolve complex process problems which require an in-depth evaluation of basic securities processing procedures and industry standardsProvide guidance and assistance to junior staffOversee risk and control functions of the team including break & suspense identification, reporting, escalation and resolutionPerform manager's control assessment functions for the team's key controls, and help identify/remediate deficiencies in the current processesAssist with approvals of payments, journal entries, and other managerial oversight tasksServe as analytical or procedural expert for securities processing deliverables/initiativesAssist with the development of new techniques and streamlining securities processing activitiesAppropriately 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.Assisting the team in identifying the manual touch points (MTPs) in the processes today to be able to identify areas for improvementQualifications:5-8 years of relevant experienceConsistently demonstrates clear and concise written and verbal communication skillsEducation:Bachelor's Degree/University degree or equivalent experienceThis 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 ServicesJob Family:Securities and Derivatives ProcessingTime Type:Full timePrimary Location:Getzville New York United StatesPrimary Location Full Time Salary Range:$70,080.00 - $105,120.00In 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 28, 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.View the EEO is the Law poster. View the EEO is the Law Supplement.View the EEO Policy Statement.View the Pay Transparency Posting