Asst Vice President - ETD Reconciliations

Citi; Maharashtra; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Citi in Maharashtra, India, seeks a Sec & Derivatives Sr Analyst to support order and transaction processing from trading desks and branch offices. The role coordinates with Operations - Transaction Services to enable clearance, settlement and investigation of client securities and derivatives.

The incumbent will resolve complex processing issues, handle NAV calculations, cash/holding reconciliations, and pricing, and guide junior staff while ensuring adherence to applicable laws and Citigroup

Qualifications

• 5-8 years of relevant experience in securities/derivatives processing.
• Strong written and verbal communication skills.
• Bachelor’s Degree or equivalent experience.

Responsibilities

• Resolve complex processing problems in securities processing.
• Process hedge fund tasks, including calculating NAV, reconciling cash and holdings, and pricing securities.
• Provide guidance and assistance to junior staff.
• Oversee setup of new hedge funds, representing the securities processing team.
• Prepare expense budgets and unaudited financial statements.
• Assess risk and ensure compliance with laws, rules and regulations.

Skills

Experience 5-8 years

Communication skills

Education

Bachelor’s Degree/University degree or equivalent experience

Job description

The Sec & Derivatives Sr 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 facilitate the clearance, settlement and investigation of client securities and derivatives transactions.

• Resolve complex process problems which require an in-depth evaluation of basic securities processing procedures and industry standards
• Process various hedge fund tasks, including calculating net asset value, reconciling cash and holdings, and pricing securities
• Offer advanced solutions for assigned securities processing areas
• Provide guidance and assistance to junior staff
• Oversee the set-up of new hedge funds, while representing a securities processing team, and acting as the analytical and procedural expert
• Serve as analytical or procedural expert for securities processing deliverables/initiatives
• Prepare expense budgets, analyze expense calculations, and prepare unaudited financial statements
• Ascertain fund value and allocate values to each investor
• Assist with the development of new techniques and streamlining hedge fund/securities processing activities
• 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 behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.

Recommended Qualifications

• 5-8 years of relevant experience
• Consistently demonstrates clear and concise written and verbal communication skills

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.

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Job Family Group:

Operations - Transaction Services

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Job Family:

Securities and Derivatives Processing

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Time Type:

Full time

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Most Relevant Skills

Please see the requirements listed above.

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Other Relevant Skills

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

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