Operations Intermediate Analyst - London, United Kingdom - eFinancialCareers

eFinancialCareers

Verified Company

London, United Kingdom

1 week ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Citi Market Operations and Operations Technology 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 theirdevelopment. We are transforming and simplifying our operating model creating an exciting environment which encourages diversity of thought and inclusion.

We are 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 & CommoditiesOperations.

We support an extensive range of Capital Markets products and services including Fixed Income (FX, Rates, Credit, Muni, Cash and Derivatives) where Citi is consistently a dominant top 3 player in the market, Equity (Cash, Derivatives, Prime Brokerage,Futures, Listed Derivs, FXPB) where Citi has a significant growth program to continue to build out its capabilities and services; and Syndicates where we support both FI and EQ new issues and IPOs.

Our Operations groups are core to the success of the Markets business and has significant impact across the lifecycle of a Trade.

We partner extensively with a range of internal stakeholders including Front Office Sales and Trading Desks, Compliance, Legal,Finance and HR; alongside having significant interaction with our external client base, playing a key role in the overall client experience.

We have a Client relationship group dedicated to overseeing the group service performance and strategic partnershipfor our top tier client base, where we play a key role in supporting our global clients to ensure they have a first class experience when doing business with Citi.

Our Digitization and Implementation group works alongside our Operations teams delivering automation solutions to solve for operational challenges.

We partner with Citi's innovation labs to drive optimization and overall play a pivotal role in enabling us totransform to achieve our target operating model.

Our roles entail ensuring we operate in a robust control environment, whilst in a fast-paced workplace.

We comply with global regulations and internal policies and adopt a proactive approach to identifying opportunities to reduce risk through the continuousevaluation of our controls; to protect our clients, the firm and our reputation.

We work closely with our external global peers, partners and regulators, and play an integral part in leading an agenda at the forefront to optimise and streamline processes, and drive strategy across our industry.

Job Purpose:

This role is within ICG Markets Operations and Technology.

The role is within the Asset Servicing group which is a high-risk function and part of the Markets Operations and Technology division.

Asset Servicing is represented Globally across the NAM, EMEA andAPAC regions.

The Asset Servicing department is an integral part of the ICG O&T division and has responsibility for processing Corporate Actions and Income events for Firms and client's positions.

It is one of the highest risk areas within operations.

Theunit provides client-orientated support to both the front and middle offices and utilises all processes of the other areas of operations.

The department supports, Prime Brokerage, Firm trading desks, Stock Lending, Repo, and SWAPS for both Equity and FixedIncome.
The role is an individual contributor role to successfully handle voluntary Corporate Action events.

The role will report directly into the Team Supervisor and will be responsible for continuing to strengthen the experience within the teams whilst enhancingrisk and control frameworks, aligning to company strategy and vision.

Organizational Oversight:

This role will include managing the full event life cycle of a variety of Voluntary Corporate Action events and ensuring entitlements are correctly reflected for all positions.
These activities include revisions of communications, notifications and facilitating postings for Corporate Action events.
Daily management of exceptions relating to Corporate Action events ensuring prompt clearance and narration.
Successfully manages the risk relating to Corporate Action events.
Provide an excellent level of client satisfaction through service provision and query management.
Participates in compliance related procedures and controls activities.
Participates in system testing and requirement sessions.
Ability to identify issues, gaps in controls and execute remediation timely.
Continuously enhance risk and control framework to reduce opportunity for losses and/or near misses.
Design and manage any Corrective Action Plans as assigned.
Understand, implement and monitoring of all market and regulatory changes.

Qualifications and Skills:

Experience in financial institutions would be an advantage.
SME knowledge in Asset Servicing, with experience in Income or Corporate Action Processing would be an advantage. Understanding of Stock Record; long/shorts, and various position types including stock lending positions
Energetic, flexible, collaborative, and proactive; who can positively and productively add product impact to both strategic and tactical technology.
Strong, influential communicator who is articulate and concise.
Strong risk management and control mindset; understanding of the critical risks and necessary controls related to corporate action processing.
Provides evaluative judgment based on analysis of factual information in complicated, unique and dynamic situations; draws on diverse range of internal and external sources.
Selfreliant, good problem solver, results oriented.

Ability to establish and build trust with professionals throu