Vice President, APAC Commodities Middle Office Manager

Citi; Singapore; On-site; SGD 80,000 - 100,000; Full time

Job summary

Citi in Singapore is looking for a Commodities Middle Office Analyst to provide analytical and administrative support to the Front Office Sales and Trading teams. The role focuses on risk management and process improvement across commodities transactions.

Ideal candidates should have 6-10 years of experience in a related role and a solid understanding of Commodity products. This position offers an exciting opportunity within a dynamic and diverse global environment, committed to people and their development.

Qualifications

• 6-10 years of experience in a related role.
• Understanding of Commodity products preferred.
• Ability to work under pressure and manage deadlines.

Responsibilities

• Provide analytical and administrative support to Front Office Sales and Trading.
• Maintain position records and support trade capture management.
• Minimise bank risk and streamline processes.

Skills

Analytical skills

Communication skills

Project management

Attention to detail

Problem solving

Education

Bachelor’s degree or equivalent

Job description

Citi Market Operations is currently at a pivotal point in its evolution and journey to implement a target operating model. We take pride and are passionate about our People and our culture. We are invested in people and their development. We are transforming and simplifying our operating model creating an exciting environment which encourages diversity of thought and inclusion. Citi Market Operations is a dynamic, global and diverse Organisation, with a presence in over 60 Countries; covering all front post execution Operations teams including product aligned Middle Office groups, Settlements, Margin, Asset Servicing, Listed Derivative & Commodities Operations.

The role resides within the APAC Commodities Middle Office team, who are primarily responsible for ensuring accurate execution of trades in a timely and efficient manner. The Commodities businesses transact high volumes across many different markets including Oil, Precious Metals, Base Metals, Softs, Power, Freight & Emissions. Support provided to these desks includes but are not limited to, daily reconciliation of exchange positions, deal checks and problem resolution via liaison with Sales & Trading and other support teams.

Middle Office needs to ensure that there is a continual focus on control throughout the trade process, monitoring deals and amendments to ensure they are booked correctly, while constantly driving improvements to existing processes. The Commodities Middle Office Analyst is an intermediate level position responsible for providing analytic and administrative support to the Commodities Sales & Trading business. The role will be primarily concentrated on coverage of the Flow Commodities desk. The post holder will interact extensively with Desk Heads, Salespeople and Traders to actively manage risk issues and solve problems, while also working closely with a diverse group of support and control functions.

Responsibilities

• Provide analytical and administrative support to Front Office Sales and Trading specifically around derivatives and securities transactions.
• Maintain position records in coordination with the traditional trading desk assistant and/or trade processing functions.
• Support trade capture management, Front to Back reconciliation, identifying operational risk, trade confirmation and settlement forecasts.
• Utilise data analysis tools and methodologies to make recommendations to senior management to support process improvement.
• Design and analyse complex reports to support/control activities and make recommendations based on identified trends and facts.
• Interpret data and recommend the launch of new products/services or upgraded platforms that support pre-settlement processes and transaction capture functions.
• Minimise bank risk, and provide solutions to reduce errors, and ensure adherence to audit and control policies.
• Manage, elevate, and resolve all requests/inquiries/issues/errors; identify policy gaps and formulate policies to streamline processes, and provide informal guidance and/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 judgement regarding personal behaviour, conduct and business practices, and escalating, managing and reporting control issues with transparency.

Qualifications

• 6‑10 years of experience in a related role.
• Understanding of Commodity products preferred.
• Demonstrated project management skills.
• Ability to work under pressure and manage to deadlines.
• Ability to work in a fast‑paced environment.
• Consistently demonstrates clear and concise written and verbal communication.
• Attention to detail and problem solving skills.
• Bachelor’s degree/University degree or equivalent experience preferred.

Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, colour, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran or any other characteristic protected by law.

If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity, review Accessibility at Citi.

View Citi’s EEO Policy Statement and the Know Your Rights poster.