Equity Derivatives Middle Office Analyst - Entry Level

PowerToFly; Belfast; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A leading financial institution in Belfast is seeking a Markets Operations professional to support equity derivatives trading. The role involves analytical support, risk management, and maintaining trading records. Candidates should have strong problem-solving skills and be able to thrive in a fast-paced environment. The position offers a hybrid work model and a competitive base salary, along with numerous benefits including generous holidays, private medical insurance, and professional development resources.

Benefits

Generous holiday allowance

Discretionary annual performance bonus

Private medical insurance

Employee Assistance Program

Pension Plan

Paid Parental Leave

Special employee discounts

Learning and development resources

Qualifications

• Strong analytical and administrative support skills for derivatives.
• Experience in a fast-paced environment.
• Clear and concise verbal and written communication.

Responsibilities

• Provide analytical support to Front Office Sales and Trading.
• Maintain position records and trade reconciliation.
• Support trade capture management and risk identification.
• Manage and resolve inquiries and errors.

Skills

Ability to work under pressure

Attention to detail

Intermediate problem solving skills

Clear communication

Ability to manage deadlines

Job description

Overview

Markets Operations Belfast Overview:

Our Operations groups are core to the success of the Markets business. We support a wide range of internal stakeholders including Front Office Sales and Trading Desks, Compliance, Legal, Finance and HR; alongside having significant interaction with external clients, playing a key role in the overall client experience.

A role within Markets Operations means that you will have a truly global reach, in a supportive environment which will provide you with new experiences and development opportunities right here in Belfast’s iconic Titanic Quarter.

You can play an important part in transforming and simplifying our operating model, creating an exciting environment which encourages diversity of thought and inclusion within an organisation that authentically values and invests in its people.

Team / Function Overview

The Equity Derivatives Middle Office team provide support to multiple trading desks. We perform front to back reconciliations to ensure trading risk is accurately reflected while also providing support for trading queries. We work closely with multiple internal teams assisting to resolve exceptions across different trade flows. We work in a fast paced environment with new challenges every day, while continually seeking to improve our existing processes, which can involve system enhancements or ongoing project work.

Role / Position Overview

• Provide analytical and administrative support to Front Office Sales and Trading specifically around derivatives and securities transactions
• Maintain position records in coordination with the traditional trading desk assistant and / or trade processing functions
• Support trade capture management, Front to Back reconciliation, identifying operational risk, trade confirmation and settlement forecasts
• Minimize bank risk, and provide solutions to reduce errors, and ensure adherence to audit and control policies
• Manage, escalate and resolve all requests / inquiries / issues / errors and identify policy gaps and formulate policies to streamline processes
• Provide informal guidance and/or on-the-job-training to new team members
• Adequately 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 behaviour, conduct and business practices, and escalating, managing and reporting control issues with transparency.

Development Value

• Gain an in-depth knowledge of derivative products
• Exposure to multiple Markets Operations teams, developing an understanding of the full lifecycle of a trade from Initial booking right through to trade expiry.
• Building relationships across the Trading Desks and Markets Operations

Skills

• Ability to work under pressure and manage to deadlines
• Ability to work in a fast-paced environment
• Consistently demonstrates clear and concise written and verbal communication
• Attention to detail and intermediate problem solving skills

This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.

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.

Benefits

By joining Citi Belfast, 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 discretionary 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

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.

Additional Information

Job Family Group: Operations - Transaction Services

Job Family: Securities and Derivatives Processing

Time Type: Full time

Most Relevant Skills

Please see the requirements listed above.

Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.

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 Citi’s EEO Policy Statement and the Know Your Rights poster.