Treasury Operations Senior Officer

Citi; Johannesburg; On-site; ZAR 600 000 - 800 000; Full time

Job summary

A leading global financial institution is seeking a Treasury Operations Senior Officer in Johannesburg. The candidate will manage derivative transactions and oversee settlement processes for fixed-income securities and FX transactions. They should demonstrate strong analytical skills and advanced proficiency in Excel, along with relevant experience in treasury operations. The role requires effective communication with stakeholders and has a full-time commitment to enhancing efficiency and compliance in treasury activities.

Qualifications

• Relevant experience in a treasury operations, middle office, or back office role within a financial institution or corporate treasury.
• In-depth knowledge of financial instruments including derivatives, fixed income, FX, and money market products.
• Exceptional analytical and problem-solving skills with a focus on accuracy.

Responsibilities

• Manage the full lifecycle of derivative transactions including confirmations, settlements, and collateral management.
• Oversee settlement and reconciliation for fixed-income securities.
• Responsible for confirmation and settlement of all FX transactions.
• Handle the settlement and reconciliation of money market instruments.
• Perform daily and monthly reconciliations of treasury accounts.
• Identify and implement process improvements.
• Work closely with front office traders and risk management.

Skills

Attention to Detail

Communication

Analytical and problem-solving skills

Software proficiency

Advanced Excel

Education

Bachelor's degree in Finance, Accounting, Economics, or a related field

Professional qualification such as RPE's or ACI Operations Certificate

Tools

Treasury management systems

Job description

Overview

We are seeking a highly motivated and detail-oriented Treasury Operations Senior Officer to join our dynamic team. This role is crucial for ensuring the smooth and accurate execution of our daily treasury activities. The ideal candidate will have extensive experience in the confirmation, settlement, and reconciliation of a wide range of financial instruments.

Responsibilities

• Derivatives – Manage the full lifecycle of derivative transactions, including confirmations, settlements, and collateral management for instruments such as interest rate swaps, cross‑currency swaps, and options.
• Fixed Income – Oversee the settlement and reconciliation process for fixed‑income securities, including bonds and other debt instruments.
• Foreign Exchange (FX) – Be responsible for the confirmation and settlement of all FX transactions, including spot, forward, and non‑deliverable forwards.
• Money Market – Handle the settlement and reconciliation of money market instruments such as Term Deposits and Loans as well as Call Deposits and Loans.
• Reconciliation & Reporting – Perform daily and monthly reconciliations of treasury accounts and positions; investigate and resolve discrepancies in a timely manner.
• Process Improvement – Identify and implement improvements to existing processes to enhance efficiency, reduce risk, and ensure compliance with internal policies and external regulations.
• Collaboration – Work closely with front office traders, risk management, and accounting teams to ensure seamless transaction processing and data integrity.
• Mentorship – Provide guidance and support to junior team members, fostering a collaborative and knowledgeable environment.

Qualifications

• Experience – Relevant experience in a treasury operations, middle office, or back office role within a financial institution or a large corporate treasury.
• Technical Skills – In-depth knowledge of financial instruments including derivatives, fixed income, FX, and money market products.
• Attention to Detail – Exceptional analytical and problem‑solving skills with a high degree of accuracy and attention to detail.
• Communication – Strong verbal and written communication skills, with the ability to effectively liaise with various internal and external stakeholders.
• Software Proficiency – Familiarity with treasury management systems and other settlement platforms.
• Advanced Excel – Advanced proficiency in Microsoft Excel is a must.

Education

A Bachelor's degree in Finance, Accounting, Economics, or a related field is required. A professional qualification such as the completion of RPE's, ACI Operations Certificate or equivalent will be beneficial.

Job Family Group

Operations – Transaction Services

Job Family

Securities and Derivatives Processing

Time Type

Full time

Equal Opportunity Statement

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

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