AVP - Exchange Traded Derivatives Operations

Citi; Mumbai; On-site; INR 1,200,000 - 2,000,000; Full time

Job summary

Citi in Mumbai is seeking a senior derivatives operations professional to supervise maker-level activities and oversee clearing, settlement, and risk management for client derivatives transactions.

Ideal candidates have 4–7 years of relevant experience, strong knowledge of capital markets, and proficient MS Excel skills. The role involves monitoring margins, confirmations, collateral, and regulatory reporting within a fast-paced environment.

Qualifications

• Bachelor's degree or equivalent in Finance/Accounting.
• 4–7 years of relevant experience in capital markets or derivatives operations.
• Strong MS Excel skills and experience with risk management concepts.

Responsibilities

• Clearing, settlement and risk management of clients' exchange traded derivatives.
• Margin monitoring, position limit monitoring and trade confirmations.
• Collateral management, cash and non-cash.
• Review and supervise reconciliations and client reporting by maker.
• Support traders with queries, review contracting activity, and calculate commissions.
• Prepare MIS and address ad-hoc queries; report and reconcile trades in Global systems.
• Handle treasury funding, senior management MIS and P&L reporting.
• Sanctions and name screening; adhere to internal and exchange timelines.

Skills

Capital markets

Derivatives

Risk management

MS Excel

Trade support

Education

Bachelor's Degree/University degree or equivalent in Finance/Accounting

Tools

Clear Vision

GMI

Job description

This is a senior level role in derivatives operations team, with a supervisory reviewer role over the maker level activities

In this role, you’re expected to:

• Clearing, Settlement and Risk Management activities of client's exchange traded derivatives transactions
• Margin monitoring, Position limit monitoring and Trade confirmations, Cash and non-cash collateral management
• Review and supervise operational activities for reconciliations and client reporting managed by maker
• Support the traders / execution desk with their queries, reviewing contracting activities, calculating commissions, preparing various MISs and addressing ad-hoc queries
• Reporting and reconciling trades and positions in Global systems like Clear Vision and GMI
• Treasury management and funding arrangements
• Senior management MIS reporting, P&L reporting
• Sanctions screening and Name screening
• Be familiar with various internal and Exchange applications to complete daily activities
• Adhere to various internal and exchange timelines while performing the activities
• Actively contribute in various developments and automation initiatives, Performing system UATs
• Regulatory reporting with stringent timelines
• Adhering to Citi Internal policy requirements
• Impart training to fellow team members

As a successful candidate, you’d ideally have the following skills and exposure:

• 4-7 years of relevant experience
• Fundamental understanding of Capital markets and derivative products
• Proven ability to perform various concurrent activities/projects in a high-risk environment
• Ability to work in a fast-paced environment
• Demonstrated knowledge of MS Excel

Education:

• Bachelor's Degree/University degree or equivalent experience in Business, Accounting, or Finance

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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