Officer - FX Prime Brokerage Middle Office

Citigroup Inc.; Singapore; Hybrid; SGD 60,000 - 80,000; Full time

Job summary

A leading global bank is seeking a high-caliber professional to join as Officer, FXPB Middle Office in Singapore. You will provide proactive service to clients, manage FX transactions, and collaborate with global teams. The ideal candidate has a Bachelor’s degree, client service experience, and skills in Microsoft Office. This role offers a dynamic work environment with hybrid options.

Qualifications

• Experience in middle office or operations is essential.
• Client service experience is crucial.
• Work experience in the financial services industry is a benefit.

Responsibilities

• Provide proactive service to FX PB clients.
• Monitor FX transactions for FX PB clients globally.
• Liaise with FX Operations teams to reduce operational risk.

Skills

Client service experience

Excellent communication skills

Good Microsoft skills

Numerate

Education

Bachelor’s Degree/University degree or equivalent

Tools

Microsoft Excel

Microsoft Word

Microsoft PowerPoint

Microsoft Outlook

Job description

At Citi, we get to connect millions of people across hundreds of cities and countries every day. 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.

Shape your Career with Citi

Citi’s Markets business provides world-class solutions and an unmatched global presence. We serve corporates, institutional investors and governments from trading floors in almost 80 countries. The strength of our underwriting, sales and trading and distribution capabilities span asset classes and currencies, providing us with an unmatched ability to meet the needs of our clients.

We’re currently looking for a high caliber professional to join our team as Officer, FXPB Middle Office - Hybrid based in Singapore. 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.

Responsibilities

• Provide a proactive service role to our clients and a supporting role to the FX PB Client Executive team in the daily processing, monitoring and reconciliation of all FX transactions for FX PB clients globally.
• Partner with global teams to strengthen support of the FXPB platinum client base.
• Main point of contact for client / administrator operational inquiries
• Monitoring of all FXPB clients related trading within the FXPB matching system (TRM).
• Participate in the reduction of erroneous errors
• Help Optimize trading flows by seeking operational efficiency
• Liaise with our FX Operations teams globally to help reduce operational risk
• Booking of all exotic option types in Simpliciti and processing of NDF Fixes
• Meet 15% reduction in MTPs
• Supporting and testing of system upgrades and provide solutions for tech related issues
• Daily reconciliation for FX and Options in regards to breaks and P&L

Development Value

• Client service skills, development and exposure to clients/business
• Develop an in depth knowledge of the products, markets and processes being supported
• Exposure to products supported by the Prime Brokerage Middle Office – cross training opportunities for Equity and Fixed Income Prime Brokerage
• Play an active role in the development and re-engineering of FXPB i.e. Novation’s, clearing reduction in balance sheet.
• Fully proficient in the use of technology within own department
• Enhancing communication and organisational skills. Meeting targets set within the group and interacting with a wide spectrum of people to achieve these skills
• Self-motivation, flexibility and a strong desire to succeed will bring a recognised and rewarded career

Qualifications and Skills

• Client service experience essential
• Middle Office or Operations background
• Exposure to FX products / solutions as well as other product areas of the Bank
• Work experience in the Financial Services Industry is a benefit.
• Displays a well-developed ability to schedule work and understand relative priorities.
• Building positive working relationships and working with team members to understand the root cause of an issue in a timely and effective manner.

Skills:

• Excellent communication skills – both written and verbal
• Good Microsoft skills including Excel, Word, PowerPoint and Outlook
• Computer literate and ability to grasp several in house systems quickly.
• Numerate
• Demonstrates sound judgement and professionalism in decision making/problem solving, escalating to supervisor as appropriate

Qualifications:

• Bachelor’s Degree/University degree or equivalent
• Good numeric skills
• Industry exams e.g. IAQ module exams or equiv.
• Exceptional candidates who do not meet these criteria may be considered for the role provided they have the necessary skills and experience.

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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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