The Sec & Derivative Intermediate Assoc Analyst is an intermediate level position responsible for processing orders and transactions originating from trading desks and branch offices in coordination with the Operations - Transaction Services team. The overall objective of this role is to assist in the clearance, settlement and investigation of client commodity and derivatives transactions.
Responsibilities:
Utilize basic industry and business knowledge to conduct analyses of hedge funds and other counterparty activities
Review and analyze hedge fund activities, procedures to reconcile cash/holdings and pricing
Accurate and timely processing of invoicing/payments of all transactions and according to their legal agreements
Provide support by performing invoicing as well as pre and post settlement reconciliations
Interact with external counterparties to resolve discrepancies
Interact with internal stakeholders as required including front office, middle office, or confirmations as needed to resolve discrepancies
Provide in depth analysis of variances between booked and client amounts
Participate in team and/or individual projects
Identify optimization and time saving opportunities
Work with other teams across the company to implement and improve processes and systems supporting the activities above
Support implementation of commodity settlement processing improvements
Assist with identifying policy gaps and formulating policies that streamline related work processes
Develop and use knowledge of commodities, processing practices and standards
Provide informal guidance or on the job training to lower level/new settlement processing team members when required
Appropriately assess risk when business decisions are made, demonstrating 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:
1-3 years of relevant experience
Recommended Financial settlement experience
Business oriented professional with strong intellect who can problem solve and perform complex analysis
Detail orientated self-starter with strong analytical, critical thinking and communication skills who can effectively manage multiple assignments
Ability to work independently
Organized individual who can plan and adjust to the timing challenges of multiple deadlines
Work in a team environment to achieve goals
Education:
Bachelor's Degree/University degree or equivalent experience
This 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 Services
Job Family:
Securities and Derivatives Processing
Time Type:
Full time
Primary Location:
Houston Texas United States
Primary Location Full Time Salary Range:
$69,130.00 - $96,470.00
In 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:
May 30, 2025
Citi 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/OFCCP EEO Supplement Final JRF QA 508c.pdf) .
View the EEO Policy Statement (http://citi.com/citi/diversity/assets/pdf/eeo aa policy.pdf) .
View the Pay Transparency Posting (https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp %20English formattedESQA508c.pdf)
Citi is an equal opportunity and affirmative action employer.
Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.
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