AVP, Futures Transactions Operations Manager

Citi; Maharashtra; On-site; INR 1,800,000 - 3,000,000; Full time

Job summary

Citi is seeking an AVP, Futures Transactions Operations Manager in India to lead and optimize the processing and clearance of derivatives and securities. You will coordinate with trading desks and the Operations - Transaction Services team to ensure accurate settlement, risk controls, and timely processing.

The role involves guiding junior staff, overseeing hedge fund setups, and driving process improvements while maintaining compliance with applicable laws and Citi's risk framework.

Qualifications

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

Responsibilities

• Process orders and transactions from trading desks and branches.
• Resolve complex securities processing issues and ensure accuracy.
• Oversee hedge fund setup and allocate values to investors.
• Provide guidance to junior staff and support team training.
• Ensure risk controls and regulatory compliance in daily tasks.
• Support trade lifecycle processing and reconciliation activities.

Skills

5-8 years of relevant experience

Strong communication skills

Education

Bachelor’s Degree/University degree or equivalent experience

Job description

• Execution desk support
• Trade lifecycle processing

At Citi, we get to connect millions of people across hundreds of cities and countries every day. And we've been doing it for more than 200 years. We do this through our unparalleled global network. We provide a broad range of financial services and products to our clients – whether they be consumers, corporations, governments or institutions – to help them meet their biggest opportunities and face the world's toughest challenges.

We’re currently looking for a high caliber professional to join our team as AVP, Futures Transactions Operations Manager. Being part of our team means that we’ll provide you with the resources to meet your unique needs, empower you to make healthy decision and manage your financial well-being to help plan for your future. For instance:

• Citi provides programs and services for your physical and mental well-being including access to telehealth options, health advocates, confidential counseling and more. Coverage varies by country.
• We empower our employees to manage their financial well-being and help them plan for the future.
• Citi provides access to an array of learning and development resources to help broaden and deepen your skills and knowledge as your career progresses.

In this role, you’re expected to:

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.

Responsibilities:

• 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 investorAssist with the development of new techniques and streamlining hedge fund/securities processing activities
• Appropriately 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.

Responsibilities:

• Provide expert Futures transaction input for deliverables from internal and external Institutional clients and vendors
• Assist in ensuring day to day tasks are covered and service levels are achieved and/or exceeded
• Contribute to special projects and provide feedback for all project related activities as directed
• Apply technical knowledge of Futures products, the various exchanges and clearing systems to projects and process enhancement efforts
• Contribute to the development of new techniques and processes within cash management
• Develop and recommend strategic decisions based off in-depth comprehension of how the Securities Derivatives Operations team interacts with others business unites in accomplishing objectives
• Influence decisions through advice, counsel and/or facilitating others in area
• Evaluate moderately complex issues with substantial potential impact
• Provide informal guidance or on-the-job-training to new team members
• Appropriately 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.

Production Responsibilities:

• Trade allocations
• Trade break investigation and resolution
• Position monitoring
• Reconciliations
• Execution desk support
• Position transfers
• Client inquiry investigations
• Trade booking
• Position reporting
• Static data configurations
• Data integrity checks
• Trade lifecycle processing
• Client behavior monitoring
• Building metrics and monitoring trends
• Project management

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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