Fixed Income Operations Transaction Service Analyst

Summary about this job

Detail information about job Fixed Income Operations Transaction Service Analyst. Terms and conditions vacancy

• Join a Global Bank
• Competitive Salary and employee benefits
• Fantastic CBD Location

Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.

Strategic Intent:

• Provide support for the local Citigroup Global Markets Australia Fixed Income trading and Finance desks as well as customer service support for international Broker-dealer entities

Key Responsibilities:

• Austraclear pre-matching and T+2 settlement of Outright Fixed Income Trade for CGMA
• End of Day Cash balancing for Austraclear movements and Cash statement balancing and reconciliation
  
• Reconciliation of trades booked versus incoming Broker confirms
  
• Sending of Fixed Income confirmations, matching and validation of trade in accordance with ALPS trade confirmation requirements
  
• Responsibility for Reporting, investigation and follow up of Failed Trades
  
• Responsibility for Monitoring the RBA Repo trades to ensure we have securities on hand to deliver before cutoff and ensure no exceptions
  
• EOD reconciliation of our Stock holding record (iGSR) vs Depositories
  
• Monitoring of Repo Margining calls and settlement as required
  
• Processing of Coupon Corporate action on all bond holdings
  
• Interco customer support for CGMI and CGML trading AUD/NZD Fixed income products
  
• Customer service support for Non AUD Fixed income products for local customers
  
• Responsibility for the preparation of funding requirements for CGMI/CGML
  
• Delivery management/Depot re-alignments of Fixed income bonds for all entities as required between Euroclear and local depositories
  
• Reconciliation and settlement of Brokerage and ensure compliance with Citi’s expense Management policies
  
• Liaise with customers and internally with Securities Services (custody) to resolve settlement discrepancies as well continuing to build partnerships with the business
  
• Assisting the team leader with day to day operation and strategic requirements
  

Knowledge and Experience:

• Understanding of general business and financial Markets principles
  
• Basic Accounting and understanding of Stock and Cash reconciliation processes
  
• Minimum Software literacy of ‘intermediate’ in relation to Excel and MS Word
  
• Appreciation and understanding of the key treasury controls such as the importance and impact of unconfirmed trades or outstanding settlement reconciliation items
  
• Knowledge of settlements and payments systems
  
• Basic knowledge of Local and International Financial Bonds Markets from a settlements perspective
  
• Ability to work in a team with a willingness to learn from others, share knowledge and accept added responsibility as and when required
  
• Excellent written and verbal communication skills
  
• Strong attention to detail
  
• Able to recognise problems early and offer suitable solutions for resolution
  
• Identify opportunities for simplification and streamlining of processes
  
• Tertiary qualifications in relevant business areas of Study favourable
  
• Previous experience in a Financial Markets operations role is preferable

When you work at Citi, you’ll be working for an organisation that truly has a global footprint and a powerful network that spans the globe. We celebrate individual ingenuity and leverage the diversity of our people in order to drive high performance. Through dedicated support, training and resources, we promote our talent and future leaders to bring about lasting and positive impact. Citi continues to be an Employer of Choice for Women and supports a flexible work environment

 

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