Equity Swap Middle Office Analyst

Citi; Belfast City District; Hybrid; GBP 45,000 - 70,000; Full time

Benefits offered by this job

Hybrid work up to 2 days per week

27 days holiday plus bank holidays

Performance bonus

Private medical insurance

Employee Assistance Program

Pension Plan

Parental Leave

Employee discounts

Learning & development

Job summary

Citi Belfast is seeking an intermediate Securities & Derivatives Analyst 2 to join the Equity Swaps Middle Office within Market Operations. The role focuses on servicing Prime Swap clients and acting as the main contact for operational queries, working across the front office, middle office and operations.

You’ll support trade lifecycle management, risk controls and process improvements, while coordinating with desks, clients and technology partners to deliver timely resolutions and value-added

Qualifications

• Experience & Domain Knowledge in securities, derivatives and treasury products.
• Proven ability to perform in fast-paced, high-risk operational environments.

Responsibilities

• Provide support to Front Office Sales and Trading around lifecycle management.
• Maintain culture of risk awareness and escalate issues promptly.
• Handle trade capture/allocation, trade exceptions and connectivity with tech partners.
• Be main point of contact for client operational queries and settlements.
• Manage client trade activity and liaise with desks and clients to resolve issues.
• Support Front to Back reconciliation and identify operational risks.
• Contribute to development of new trade lifecycle techniques and process improvements.
• Drive initiatives to reduce manual touch points for the global team.

Skills

Securities & derivatives

Operational workflows

Spreadsheet macros

Data analysis

Risk management

Communication

Tools

Excel

Job description

Role Overview

The Securities & Derivatives Analyst 2 is an intermediate-level role sitting within the Operations – the Equity Swaps Middle Office team sits within Citi Market Operations supporting the Delta One Business and is part of the overall Prime Finance Middle Office unit. The primary responsibility is servicing the Prime Swap clients. The successful candidate will be the main point of contact for all operational queries for their client base and they will interact closely with clients and internally across the Business, Middle Office and Operations.

Responsible for providing first class operational client support as well as supporting the team manager in project work and ad-hoc requests assigned to the team. The primary role will incorporate all aspects of Equity Swap operational client service – covering execution to allocation trade handling, trade lifecycle management, fails management and Client and Desk queries. This is a client-focused role with large volumes and quick turnarounds with an increasing focus on providing innovative value add services to increase the client experience.

What You'll Do

• Provide support to Front Office Sales and Trading around lifecycle management


• Helping to maintain a culture and environment where processes, risks and controls are continually monitored, and potential risks escalated on a timely basis


• Trade handling across equity hedge and swap side, including trade capture/allocation, trade exception clearance and connectivity issue resolution with our tech partners


• Main point of contact for client operational queries


• Management of client trade activity, liaising with the Desk and Clients to resolve any issues


• Management of client settlement query resolution


• Support trade capture management, Front to Back reconciliation and identifying operational risk


• Contribute to the development of new techniques for the trade life cycle, and improve processes and workflows


• Driving initiatives to reduce Manual Touch Points (MTP’s) for global team

What We Need From You

• Experience & Domain Knowledge


• Baseline understanding of securities, derivatives, and Treasury products, with practical execution experience in transaction processing or operational workflows.


• Proven track record of executing multiple concurrent tasks in a fast-paced, high-risk operational environment.Technical & Analytical Skills


• Practical experience utilizing spreadsheet macros and analytical tools to manipulate data, generate reports, and automate daily tasks.


• Demonstrated capability to analyse moderately complex operational datasets and identify discrepancy patterns.


• Operational & Governance Acumen


• Foundational knowledge of accounting standards, operational risk frameworks, and regulatory policy requirements.


• Strong commitment to transparent risk management, sound ethical judgment, and adherence to internal control procedures.Leadership & Stakeholder Influence


• Clear written and verbal communication skills with the ability to coordinate across trading desks, branch offices, and operational support units.


• Strong collaborative mindset with the ability to elevate issues proactively and work toward cross-departmental solutions.

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 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


• Performance bonus: A discretional annual performance related bonus


• Healthcare: Private medical insurance packages to suit your personal circumstances


• Well-being support: Employee Assistance Program (EAP)


• Retirement: Pension Plan


• Family care: Paid Parental Leave


• Perks & discounts: Special discounts for employees, family, and friends


• Learning & development: 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.

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.

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