Fund Operations Complex Assets Vice President

Citi; Boston (MA); On-site; USD 123,000 - 185,000; Full time

Benefits offered by this job

Medical, dental & vision coverage

401(k)

Life, accident, and disability ins.

Wellness programs

Paid time off

Job summary

Citi, based in Boston, seeks a Fund Operations, Complex Assets VP to lead OTC derivatives operating model development for Middle Office and Fund Accounting. You will work with technology to create supportive applications and guide client onboarding while advancing process efficiency.

The role requires deep OTC derivatives knowledge, Calypso experience, and strong analytical and leadership skills, with a focus on delivering value to clients in a dynamic market.

Qualifications

• 5+ years of hands-on experience with OTC derivatives.
• Deep knowledge of OTC derivatives theory and practical application across asset classes.
• Experience with Calypso or similar platform.
• Strong analytical, interpretive and problem-solving abilities.
• Advanced MS Office skills (Excel, VBA, Word, PowerPoint); programming knowledge (Java, Python, SQL) desirable.
• Structured, logical approach to problem-solving and client delivery.

Responsibilities

• Drive evolution of OTC derivatives operating model across Middle Office and Fund Accounting.
• Collaborate with technology to design applications supporting multiple asset classes.
• Work with sales and implementation to identify client requirements and ensure onboarding success.
• Tackle complex inquiries, perform discovery, and complete due diligence for bespoke requests.
• Provide leadership as a subject matter expert in OTC Derivatives on project teams.
• Identify and implement process improvements to reduce exceptions and manual work.

Skills

Analytical skills

Problem solving

Client delivery

Structured thinking

Communication

Education

Bachelor's degree

Master's preferred

Tools

Calypso

SQL

Python

Java

Job description

The Fund Operations, Complex Assets Vice President in a role within the Citi's Complex Assets department. Citi provide comprehensive solutions designed to empower our clients' fund managers in navigating and optimizing their investments. Our core offerings encompass robust trade lifecycle management, bespoke reporting, rich data provision, and real‑time operational support, ensuring our clients achieve their strategic objectives in a dynamic global market.

As a vital part of the broader Security Services Operations group, the Complex Assets department is at the forefront of post‑trade services for sophisticated Over The Counter (OTC) derivatives securities. Our team plays a critical role in managing the intricacies of these instruments, from trade affirmation and confirmation to cash‑flow settlement, independent valuations, lifecycle management, and reconciliations.

This position offers a unique opportunity to contribute significantly to a sizable and impactful book of work, engaging in continuous iterative exploration and analysis that shapes the future of our services.

Responsibilities

• Driving Operating Model Evolution: Lead the development and enhancement of our OTC derivatives operating model across our Middle Office and Fund Accounting businesses, setting new industry standards.
• Innovating with Technology: Collaborate closely with our technology partners to design and implement applications that optimally support a diverse and expanding range of asset classes.
• Empowering Client Success: Work hand‑in‑hand with sales and implementation teams to meticulously identify client requirements, ensuring successful onboarding and fostering strong client relationships.
• Solving Complex Challenges: Tackle intricate inquiries, conduct in‑depth discovery, and execute thorough due diligence for bespoke client requests, demonstrating your expertise and problem‑solving prowess.
• Providing Expert Leadership: Act as a subject matter expert in OTC Derivatives, leading and engaging with project teams to drive key initiatives.
• Optimizing Performance: Proactively identify opportunities to optimize existing processes, significantly minimizing exceptions and reducing manual interventions to enhance efficiency and accuracy.

Qualifications

• A minimum of 5 years of hands‑on experience working with OTC derivatives.
• Comprehensive, in‑depth knowledge of OTC Derivatives theory and its practical application across all asset classes.
• Proven working knowledge of Calypso Technology or a comparable industry‑leading application.
• Demonstrated ability to effectively employ sophisticated analytical, interpretive, and problem‑solving techniques.
• Advanced computer skills are essential, including mastery of MS applications (Excel, VBA, Word, PowerPoint). Proficiency in other computer programming languages (e.g., Java, Python, SQL) is highly desirable.
• A logical and structured approach to problem‑solving and task management.
• Significant experience in client delivery and operations, demonstrating a strong client‑centric mindset.

Education

• Bachelor’s degree or equivalent experience, Master’s preferred in a quantitative field such as Mathematics, Statistics, Quantitative Finance, or Economics.

Job Family Group

Operations - Transaction Services

Job Family

Securities and Derivatives Processing

Time Type

Full time

Primary Location

Boston Massachusetts United States

Primary Location Full Time Salary Range

$123,360.00 - $185,040.00

In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards.

Citi offers competitive employee benefits, including:

• medical, dental & vision coverage
• 401(k)
• life, accident, and disability insurance
• wellness programs

Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays.

For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.

Most Relevant Skills

Please see the requirements listed above.

Other Relevant Skills

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

Anticipated Posting Close Date

Sep 03, 2026

Automated Processing and AI

We use automated processing, including artificial intelligence, for our legitimate business interests (or our reasonable and appropriate business purposes) to identify and align the candidate's skills and abilities with a specific job opening. Additionally, if you so choose, or consent, we can match your skills and abilities to other suitable roles at Citi.

Importantly, all our hiring processes and decisions, including determining your suitability for a role, are conducted, checked, and decided by individuals. Our automated processing and AI do not involve relying on automatic or autonomous decision‑making. Please refer to any Jurisdictional Considerations, with specific provisions for your country (where relevant) for further details.

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