Securities And Derivatives Analyst 2 - C10 - PUNE

Citi; Pune District; Presencial; INR 900.000 - 1.300.000; Jornada completa

Descripción de la vacante

Citi Markets Operations in Pune is expanding a Brokerage Control team to strengthen end-to-end control across futures and options brokerage. The role focuses on accuracy of brokerage accounting, reconciliations, and financial reporting across entities.

The role requires strong experience in reconciliations, trade life cycle understanding, and risk control within a regulated financial services environment. Collaboration with global teams is essential.

Formación

• Experience in futures & options operations or related fields.
• Strong experience in reconciliations, trade matching, and brokerage fee processing.
• Experience investigating and resolving operational and accounting breaks.
• Understanding front-to-back trade lifecycle in listed derivatives.
• Experience in a regulated financial services environment.

Responsabilidades

• Perform daily reconciliation of brokerage payables and receivables with sub-ledgers and books.
• Review and validate brokerage accruals, expenses, and cash settlements across entities.
• Ensure complete accounting treatment for brokerage transactions and balances.
• Investigate and resolve reconciliation breaks and exceptions promptly.
• Maintain strong balance sheet controls and substantiation for revenue accounting.

Conocimientos

Futures & Options Operations

Reconciliations

Trade matching

Brokerage controls

Financial controls

Analytical skills

Communication skills

Process improvement

Risk management

Educación

Bachelor's degree in Finance/Accounting/Economics/Business

CA/CPA/ACCA/CFA advantageous

Descripción del empleo

Job Description:

Citi Markets Operations provides world class solutions to institutional, corporate, sovereign and government clients of Citi Markets. As a Tier 1 financial institution with offices in over 80 countries, Citi Markets has an unmatched global presence and provides clients with access to the full range of capital markets products. In that capacity, Markets Operations support all post trade functions in a wide range of asset classes including Fixed Income (Foreign Exchange, Rates, Credit, Municipal Products, Cash & Derivatives); Equities (Cash, Derivatives); Futures and Derivatives Clearing; FX Prime Brokerage; and Syndicates (Fixed Income and Banking).

Citi Markets is the global leader in OTC Cleared product, and ranks in the top 3 in global coalition tables across all products. Our client franchise is excellent, having been named 2026 Derivatives Client Clearing House of the Year by Risk.net, and 2026 Client Clearing Provider of the Year by Futures and Operations World.

To further strengthen our global model, to optimize follow the sun capabilities and to enhance product offering, Futures and Derivative Clearing (FDC) Operations are now opening a new site in Pune.

Job Purpose – Analyst Futures and Derivatives Clearing Operations, Brokerage Control, Pune

The Analyst– Brokerage Control will be a key member of a newly established Brokerage Control team responsible for developing, implementing, and maintaining a robust control framework across the end-to-end brokerage lifecycle for Futures and Options products. The role will focus on ensuring the accuracy, completeness, and integrity of brokerage accounting, reconciliations, and financial reporting across global legal entities.

The successful candidate will partner closely with Operations, Finance, Technology, Product, and Control teams across multiple regions, including Pune, Tampa, Belfast, London, New York, and Singapore, to strengthen controls, resolve issues at source, and drive process improvements that reduce operational risk and enhance efficiency.

Key Responsibilities

Brokerage Control & Reconciliations

• Perform daily reconciliation of brokerage payables and receivables, ensuring alignment between operational sub-ledgers and financial books and records.
• Review and validate brokerage accruals, expense recognition, accrual paydowns, and cash settlements across multiple legal entities.
• Ensure complete and accurate accounting treatment for brokerage-related transactions and balances.
• Investigate, resolve, and elevate reconciliation breaks and exceptions in a timely manner.

Risk Management & Controls

• Execute independent controls over brokerage processing activities to ensure compliance with internal policies and regulatory requirements.
• Perform root cause analysis on recurring issues and work with Technology, Product and Operations teams to implement sustainable solutions.
• Maintain strong balance sheet controls and substantiation processes supporting revenue and transaction expense accounting.
• Monitor key risk indicators and ensure appropriate escalation of issues to senior management.

Process Improvement & Change Management

• Identify opportunities to enhance controls, automate manual processes, and reduce operational risk.
• Support strategic initiatives focused on process simplification, control optimization, and operational excellence.
• Partner with stakeholders to implement system enhancements and drive continuous improvement initiatives.

Stakeholder Management

• Build strong relationships with global stakeholders across Operations, Finance, Technology, Product, and Risk functions.
• Provide clear reporting and management information on control performance, aged breaks, risks, and remediation activities.
• Contribute to regional and global initiatives aimed at improving organizational effectiveness and employee engagement.

Required Qualifications & Experience

Experience

• Prior experience in Futures & Options Operations, or related functions. Background in Accounting or experience in an Audit environment would be beneficial.
• Strong experience in reconciliations, trade matching, brokerage fee processing, or financial controls.
• Experience investigating and resolving operational and accounting breaks.
• Demonstrated understanding of front-to-back trade lifecycle processes within listed derivatives markets.
• Experience working within a controlled and regulated financial services environment.

Technical Knowledge

• Sound understanding of:
  • Exchange and brokerage fee structures
  • Accrual accounting principles
  • Balance sheet reconciliations and substantiation
  • Financial controls and risk management
  • Operational risk frameworks

Personal Skills

• Strong analytical and problem-solving capabilities.
• Ability to prioritize competing demands and manage workloads effectively.
• Excellent verbal and written communication skills.
• Strong process improvement and change management mindset.
• Naturally curious with a desire to understand root causes and drive sustainable solutions.
• Ability to operate successfully in a complex, matrixed, and evolving environment.
• Sound judgment with the ability to assess risks and elevate issues appropriately.

Education

• Bachelor's degree in Finance, Accounting, Economics, Business, or a related discipline.
• Professional accounting or financial qualifications (e.g., CA, CPA, ACCA, CFA) are advantageous.

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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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