Futures, Derivatives Clearing, Prime and OTC Bilateral Margining Senior Analyst

Futures, Derivatives Clearing, Prime and OTC Bilateral Margining Senior Analyst is an intermediate level role responsible for managing collateral daily to protect the Firm from Counterparty risk of default. Our Counterparties include Hedge funds, Pension Funds, Banks, National Governments, and Insurance Companies et. On a daily basis we process high volumes of cash (in various currencies) and security movements to cover our exposures. Our role means we work closely with colleagues in Onboarding, Credit, Risk, Legal, Compliance, Products, Sales and Trading giving you the opportunity to interact on a global scale.

Organizational Oversight

• Overseeing and leading daily core operations maintaining a culture and environment where processes, risks and controls are continually monitored, and potential risks escalated on a timely basis as well as acting as a senior point of escalation

• Developing an effective control framework that fully meets Audit, Compliance and Regulatory requirements; delivery of periodic presentations to external regulators as required

• Ensuring the infrastructure and tools are in place to effectively manage risk and service our clients to a high standard

Responsibilities

• Ownership of all assigned counterparties

• Focus on High quality and accuracy of data input and verification

• Agreeing exposures with Counterparties utilizing cash, securities and re-pricing

• Coordinating, monitoring, booking and approving a high volume of collateral movements using Citi's internal systems.

• Investigation and resolution of collateral breaks, disputes and queries.

• Timely completion of reconciliations and reporting processes.

• Assist management in identifying process or system enhancements

• Develop an understanding of Equity, Futures and Derivative products and system flows

• Help to create and build an environment of teamwork and encourage two-way communication across the unit.

• Provide training and direction to junior staff members on issues or processes where they require support and guidance

• Applies in-depth disciplinary knowledge to provide value-added perspectives or advice.

• Capable of making informed decisions in line with critical deadlines

• Contribute to the successful migration of processes or technical advancements into area of responsibility including drafting migration plans, test scripts etc

• Proactively champion Citi's Ethical Culture and Responsible Behaviors practices.

• Help to create and build an environment of teamwork and encourage two-way communication across the unit.

• Be an ambassador for the Margin Utility team, raising the profile of the unit across the EMEA, NAM and APAC areas

Qualifications and Skills

• BS/BA degree and equivalent work experience

• 5+ years of working experience in Tier 1 global financial institution preferably in a Collateral Management / Margin processing role