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JobsCitigroup

Futures & Derivatives Clearing - Control Team, AVP

Citigroup

Futures & Derivatives Clearing - Control Team, AVP

Citigroup

LONDON, United Kingdom

·

On-site

·

Full-time

·

3w ago

Overview of Citi:

Are you looking for a career move that will put you at the heart of a global financial institution undergoing significant evolution and transformation? Then bring your expertise in [mention relevant skills like analysis, problem-solving, operational excellence, quantitative skills, technical acumen] to Citi’s Markets Operations team.
 
By joining Citi, you will become part of a global organization whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. Our Markets Operations group is at the core of all activity at Citi, with a significant impact across the lifecycle of a trade, and plays a key role in the overall client experience and strategic direction.
 

Role Overview:

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.

What you'll do:

  • Resolve complex processing problems which require an in-depth evaluation of basic cash & 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

What we'll need from you:

  • Relevant experience within a Financial Services setting

  • Knowledge of OTC & ETD 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 Can Offer You: 
We work hard to have a positive financial and social impact on the communities we serve. In turn, we put our employees first and provide the best-in-class benefits they need to be well, live well, and save well.
 
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:
 
*   Generous holiday allowance starting at 27 days plus bank holidays; increasing with tenure.
*   A discretional annual performance-related bonus.
*   Private medical insurance packages to suit your personal circumstances.
*   Employee Assistance Program.
*   Pension Plan.
*   Paid Parental Leave.
*   Special discounts for employees, family, and friends.
*   Access to an array of learning and development resources.
 

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About Citigroup

Citigroup

Citigroup

Public

Citigroup Inc. or Citi is an American multinational investment bank and financial services company based in New York City. The company was formed in 1998 by the merger of Citicorp, the bank holding company for Citibank, and Travelers; Travelers was spun off from the company in 2002.

10,001+

Employees

New York City

Headquarters

Reviews

3.3

4 reviews

Work Life Balance

3.0

Compensation

3.2

Culture

2.8

Career

2.5

Management

2.7

35%

Recommend to a Friend

Pros

Compensation increases for investment banking roles

Legitimate investment banking employer

Internship opportunities available

Cons

Unclear career progression paths

Limited meaningful experience in internships

Compensation raises lower than competitors

Salary Ranges

28 data points

Junior/L3

Mid/L4

Senior/L5

Junior/L3 · Investment Banking Analyst

13 reports

$135,050

total / year

Base

$117,500

Stock

-

Bonus

-

$126,500

$143,750

Interview Experience

5 interviews

Difficulty

2.8

/ 5

Duration

14-28 weeks

Experience

Positive 0%

Neutral 40%

Negative 60%

Interview Process

1

Application Review

2

Recruiter Screen

3

Programming Assessment

4

Hiring Manager Interview

5

Panel/Superday Interviews

6

Final Decision

Common Questions

Technical Knowledge

Case Study

Behavioral/STAR

Past Experience

Culture Fit