Settlements Officer

21314 Citigroup Saudi Arabia; Riyadh; On-site; SAR 60,000 - 100,000; Full time

Job summary

A leading financial services firm in Riyadh seeks a Securities & Derivatives Analyst responsible for processing orders and transactions. The role emphasizes on-time settlement, quality performance, and process improvements along with compliance, supported by strong analytical and communication skills. Ideal candidates will have 2-4 years in banking or custody operations and a solid understanding of capital markets.

Qualifications

• 2-4 years of relevant experience in financial services, banking or custody operations.
• Strong understanding of capital markets and derivatives.
• Ability to analyze data, identify trends, and propose solutions.

Responsibilities

• Ensure performance and quality standards for assigned tasks.
• Monitor productivity and resolve client/internal issues.
• Conduct regular data analysis to detect control deficiencies.

Skills

Analytical skills

Communication

Interpersonal skills

Risk assessment

Job description

The Securities & Derivatives Analyst is a position responsible for efficient processing of orders and transactions received from clients, collaborating closely with the regional Operations - Transaction Services team. This role focuses on ensuring the accurate and timely settlement of securities and derivatives transactions.

Responsibilities :

• Ensuring performance and quality standards are met for all assigned tasks.
• Monitor productivity and completing Daily operational activities smoothly
• Address and resolve escalated client and internal issues, ensuring timely and satisfactory closure.
• Proactively identify and implement process improvements, leveraging technology and service enhancements to optimize efficiency and accuracy.
• Conduct regular data analysis to detect control deficiencies and implement corrective procedures to mitigate risk.
• Train and develop new procedures, technologies, and market regulations.
• Provide support to the department manager and act as a backup when required.
• Appropriately assess risk in business decisions, prioritizing the firm's reputation and safeguarding Citigroup, its clients, and assets by ensuring compliance with all applicable laws, regulations, and policies. Promote a strong ethical culture within the team.

Qualifications :

• 2-4 years of relevant experience in the financial services industry, specifically within banking and / or custody operations.
• Strong understanding of capital markets, including securities and derivatives products and their lifecycle.
• Excellent analytical skills with the ability to analyze data, identify trends, and propose solutions to operational challenges.
• Excellent communication and interpersonal skills, both written and verbal, with the ability to effectively interact with stakeholders at all levels.
• Proven ability to assess risk and make sound judgments in a fast-paced environment.

Job Family Group :

Operations - Transaction Services

Job Family :

Securities and Derivatives Processing

Time Type : Full time

Please see the requirements listed above.

Other Relevant Skills

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