Strategic Equity Solutions / Equity Derivative Middle Office - VP - Hybrid

Strategic Equity Solutions / Equity Derivative Middle Office - VP - Hybrid

Working at Citi is far more than just a job. A career with us means joining a team of more than 230,000 dedicated people from around the globe. At Citi, you'll have the opportunity to grow your career, give back to your community and make a real impact.

Job Overview

Citi Markets Operations 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 our people and their development. 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 organization, 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 & commodities operations. 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 have 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 organizational service performance and strategic partnership for 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 business intelligence and process re-engineering 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 to transform to achieve our target operating model.

Our technology partners develop and implement a wide range of applications that support the operations, change, design and implementation groups in providing innovative products and solutions. We have reimagined how to provide technology and service in our domain through the alignment of our team vision, culture, and aggressive retirement plan for legacy applications and adoption of a micro-based containerized cloud environment. We encourage our people to create, explore and be adventurous whilst taking measured risk, adopting safe practices to protect the firm. Data lineage and optimization is core to how we develop our ecosystem. We are growing our capabilities using artificial intelligence, natural language processing and machine learning.

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 continuous evaluation 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 optimize and streamline processes and drive strategy across our industry.

Job Purpose

The strategic equity solutions (SES) / equity derivative middle office role is an VP level position responsible for providing operational support to the SES origination and trading desks in coordination with the wider markets operations - equity derivatives middle office teams. The overall objective of this role is to provide best in class operation support for the SES business, which will ultimately facilitate timely end to end trade processing of structured derivatives, and ensure clearance, settlement and investigation of these securities and derivatives transactions.

Responsibilities

• Resolve complex process problems which require an in-depth evaluation of basic securities processing procedures and industry standards
• Process various SES business tasks / functions, including structured trade review and trade processing, reconciling margin loan collateral cash and position holdings, and trad capture exception management
• Offer advanced solutions for assigned securities & derivative processing areas
• Provide guidance and assistance to junior staff
• Oversee the set-up / onboarding of new SES clients, while representing the SES middle office team, and acting as the analytical and operations expert
• Serve as analytical or procedural expert for securities processing deliverables / initiatives
• Assist with the development of new techniques and streamlining the SES front to back securities & derivatives processing activities
• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.

Qualifications

Education

This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.