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Securities & Custody Analyst

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Citi

6d ago

  • Job
    Full-time
    Senior Level
  • Banking & Finance
  • Johannesburg

AI generated summary

  • You must have 5 years in Equity, Fixed Income, and Money Market in South African custody, a University Degree, and Strate Compliance officer certification is a plus.
  • You will process settlement transactions, liaise with brokers, ensure trade completions, manage client queries, improve procedures, and supervise operations within the Custody unit.

Requirements

  • 5 years of Equity, Fixed Income and Money Market experience in the South African custody market.
  • A University Degree.
  • Strate Compliance officer is an added advantage.

Responsibilities

  • Processing transaction settlement processes in Custody Operations unit for Equities, Bonds and Money Market.
  • Liaise with brokers, regulators, and other market participants to ensure all trades settled.
  • Ensure that the client is informed of all open and unmatched trades.
  • Make sure that market obligations are met to avoid market sanctions for default.
  • Reconciliation and monitoring client cash and security account.
  • Continuously improve on procedures and process flow for settlement.
  • Act as back up for all positions in the unit including Head of Custody operations.
  • Liaise with various departments in the bank to service the client.
  • Work with the Head of Custody operations to streamline processes and to achieve common goals.
  • Supervision of settlement operations within Custody Operations unit.
  • Manage daily settlement functions in Custody operations in conjunction with ensuring quality service are delivered to the client. Ensure all control, policies, procedures and reporting requirements are adhered to.
  • Co-ordinate provision of settlement information provided to customers by Custody Operations team in response to clients’ settlement related queries.
  • Provide input to the development of Custody product programmes. Support the business units on all Custody business development projects.
  • Maintain effective personal administration and capacity.
  • Work with the other units that are settlement interfacing to streamline processes and to achieve common goals.
  • Assist Head of Custody operations in providing feedback to business heads and the Senior Country Operations Officer on all risks associated with Custody products/processes, including those associated with changes in the regulatory environment, and ensure that such risks are appropriately documented and addressed by the implementation of effective controls.
  • Participating in process improvement projects and various operations management tasks as delegated.
  • Conduct internal and market testing where required.
  • Manage client queries be responding within agreed turnaround times, in a professional manner and address client education where necessary.

FAQs

What is the main purpose of the Securities & Custody Analyst role at Citi?

The main purpose of the Securities & Custody Analyst role is to process transaction settlements for equities, bonds, and money market operations, ensuring that all trades are settled while providing quality service to clients.

What qualifications are required for this position?

The position requires at least 5 years of experience in the South African custody market for equity, fixed income, and money market products, along with a university degree. Being a Strate Compliance officer is an added advantage.

What are the key responsibilities of the Securities & Custody Analyst?

Key responsibilities include processing settlement transactions, liaising with brokers and regulators, ensuring clients are informed of open trades, managing daily settlement functions, and participating in process improvement projects.

Is prior custody experience necessary for this role?

Yes, at least 5 years of experience in the custody market, specifically with equity, fixed income, and money market products, is required.

What is the work environment like at Citi?

Citi offers a business casual workplace with a hybrid working model, allowing up to 2 days of remote work per week.

What benefits does Citi provide to its employees?

Citi offers competitive base salaries that are annually reviewed, along with a host of additional benefits that support employees and their families to be well, live well, and save well.

Are there opportunities for career growth within this position?

Yes, the role includes responsibilities that support career growth, such as process improvement projects, collaboration with different departments, and management of settlement operations.

How does Citi promote diversity and inclusion in the workplace?

Citi is committed to creating a workplace where everyone feels comfortable being their whole self, encouraging a diverse workforce, and providing equal employment opportunities.

What should an applicant do if they require assistance during the application process?

Applicants who need reasonable accommodation to use the search tools or apply for a career opportunity can review the "Accessibility at Citi" resources.

How does Citi ensure compliance with industry regulations?

The Securities & Custody Analyst will work alongside the Head of Custody operations to provide feedback on risks associated with custody processes and ensure effective controls are implemented to comply with regulatory changes.

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Citi

Finance
Industry
10,001+
Employees
1998
Founded Year

Mission & Purpose

Citigroup Inc. or Citi is an American multinational investment bank and financial services corporation headquartered in New York City. Citi's operation is to provide financial services that enable growth and economic progress. Core activities are safeguarding assets, lending money, making payments and accessing the capital markets.

Benefits

  • Live Well, Stay Healthy

    Citi provides programs and services for your physical and mental well-being including access to telehealth options, health advocates, confidential counseling and more. Coverage varies by country.

  • Paid parental leave

    We believe all parents deserve time to adjust to parenthood and bond with the newest members of their families. That’s why in early 2020 we began rolling out our expanded Paid Parental Leave Policy to include Citi employees around the world.

  • Save well, for now and your future

    We empower our employees to manage their financial well-being and help them plan for the future.

  • Keep learning

    Citi provides access to an array of learning and development resources to help broaden and deepen your skills and knowledge as your career progresses.

  • Be well, take time off

    We have a variety of programs that help employees balance their work and life, including generous paid time off packages.

  • Support Your Community

    We offer our employees resources and tools to volunteer in the communities in which they live and work. In 2019, Citi employee volunteers contributed more than 1 million volunteer hours around the world.