Officer, OTC Derivatives Valuation & Middle Office Supervisor

Citi; Singapore; Hybrid; SGD 120,000 - 180,000; Full time

Job summary

Citi in Singapore is seeking a qualified Officer, OTC Derivatives Valuation & Middle Office Supervisor to oversee post-trade valuation and middle office activities across OTC products. The role sits in the Securities & Derivatives Processing team and works across regional hubs.

You will partner with teams in EMEA, North America and India to ensure accurate valuation, risk controls and timely processing, while supporting project initiatives and system upgrades.

Qualifications

• 5 years of relevant experience in derivatives middle office or derivatives valuation.
• Experience in at least one asset class of derivatives (Rates, Credit, FX, Commodities, Equity).
• Bachelor's degree in Business, Accounting, Finance, Quantitative Finance, Financial Engineering or related field.

Responsibilities

• Oversee daily OTC derivatives valuation and middle office processes.
• Investigate and resolve issues with trades, counterparties, vendors or clients.
• Guide processing teams in India and support BAU daily activities.
• Identify gaps and drive process improvements.
• Lead projects, client onboarding, migrations, and system upgrades.

Skills

Derivatives middle office

Derivatives valuation

Asset classes (Rates, Credit, FX, Com.

Education

Bachelor’s degree in Business, Accounting, Finance, Quantitative Finance, Financial Engineering

Job description

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.

Shape your Career with Citi

Citi’s Securities Services (SS) supports our clients’ business by drawing on the strength of our unmatched global footprint, which provides them with access to local expertise and scalable solutions to support their ambitions.

Whether you’re at the start of your career or looking to discover your next adventure, your story begins here. At Citi , you’ll have the opportunity to expand your skills and make a difference at one of the world’s most global banks. We’re fully committed to supporting your growth and development from the start with extensive on-the-job training and exposure to senior leaders, as well as more traditional learning. You’ll also have the chance to give back and make a positive impact where we live and work through volunteerism.

We’re currently looking for a high caliber professional to join our team as Officer, OTC Derivatives Valuation & Middle Office Supervisor - Hybrid (Internal Job Title: Securities & Derivatives Intmd Analyst - C11) 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. 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.
• Citi provides access to an array of learning and development resources to help broaden and deepen your skills and knowledge as your career progresses.
• We have a variety of programs that help employees balance their work and life.

In this role, you’re expected to:

The OTC (over the counter) Derivatives Valuation & Middle Office department consists of a team of subject matter expert in OTC derivatives in both OTC valuation and middle office space. The team is responsible for the post trade activities across all OTC asset classes held by the clients of Citi’s Securities Services business globally. Our clients are primarily external asset managers, investment managers and fund managers.

The successful candidate will be a key member of OTC Derivatives Valuation & Middle Office team in APAC. The individual will have the opportunity to collaborate closely with existing teams in the EMEA, North America regions and support team in India in both BAU and various projects and initiatives. This role provides a unique opportunity to work on and expose to a wide range of OTC derivatives instruments and industry leading software for derivatives valuation and middle office process.

Responsibilities:

• Provide oversight and act as checker to the daily production of OTC derivatives valuation and middle office process.
• Investigate and resolve any open issues related to OTC trades and valuation with counterparties, vendors, internal stakeholders and/or clients.
• Provide oversight, guidance, and support to the processing teams in India in carrying out daily processes.
• Identifies process gap and implements improvements to the process.
• Take a leading role in projects, client on-boarding, product testing, migration, system upgrades and implementations that might arise with the growth of the business.

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

• 5 years of relevant experience in derivatives middle office or derivatives valuation area.
• Experience in at least one asset class area of derivatives e.g. Rates, Credit, FX, Commodities, and Equity is required. Working experience in multiple asset class area of derivatives is a strong plus.
• Bachelor’s degree in Business, Accounting, Finance, Quantitative Finance, Financial Engineering or other technical fields.

This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.

https://jobs.citi.com/dei

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.

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