Apply for this jobDepartment Overview: Citibank provides Middle Office services to a number of international clients utilizing its global presence and innovative technology platform. The Middle office department provides a comprehensive service designed to assist our clients' fund managers in managing the fund's investments. The key pillars of this service include trade lifecycle management, customized reporting, data provision and a real time day to day operational support network. Team/Position Overview: The OTC Middle Office department forms part of the wider Security Services Operations group and provides a range of post-trade services to clients who invest in OTC derivatives securities. These services include trade affirmation / confirmation, cash-flow settlement, independent valuations, lifecycle management, reconciliations, data feeds and regulatory reporting. The OTC Middle Office department is comprised of two distinct teams - (1) the operational team who manage all day-to-day processes, client servicing, internal queries, oversight and operational risk (2) a dedicated "non-BAU" team who focus on client implementations, strategic product developments, client requested change, market / regulatory driven change and process optimization. Citi are looking to fill a Business Senior Analyst role within the department. It is an intermediate-level position responsible for liaising between business users and technologists to exchange information in a concise, logical and understandable way in coordination with the Technology team. The overall objective of this role is to contribute to continuous iterative exploration and analysis across a sizeable book of work that includes - - An expanding market-driven change book of work owing to initiatives such as LIBOR Reform. - Regulatory reporting service offering. - Active clients who are consistently submitting changes requests impacting upon all services / functions within the OTC department. - Partnering with peers to deliver on key implementation work, product developments and process efficiencies. Responsibilities: - Work on global strategic projects predominantly around on-boarding new OTC derivatives and implementing new regulatory requirements - Manage the on-boarding of new client requirements. This will include business analysis, writing requirements, testing and liaising directly with clients - Manage the creation of test scripts/cases for execution in User Acceptance Testing phases - Execute planned test cases, ensuring that all test results are correctly recorded against the system; in accordance with the prescribed test plan - Record any defects found during the testing process, reviewing existing defects raised and provide input into the business to enable effective prioritization - Provide regular updates to the Test Manager - Work closely with Technology to determine product/process feasibility - Represent EMEA globally by interfacing with the vendor and other offices to ensure delivery of our key business requirements around performance and functionality - Analyze, document, and make recommendations for any enhancements that need to be made to operating processes and flows. Qualifications: - Minimum 2 years' experience working with OTC derivatives - Comprehensive knowledge of OTC Derivatives theory across all asset classesDerivatives knowledge will be tested within the interview - Demonstrated ability to effectively use complex analytical, interpretive, and problem-solving techniques - Computer Skills: Advanced knowledge of MS applications (Excel, VBA, Word, PPT) a must. Experience of other computer programming languages advantageous. - Must be comfortable working in a logical manner. Education: - Third-level qualification (Bachelor's degree minimum) 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
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