FAQs
What is the primary purpose of the Securities & Derivatives Analyst 1 role?
The primary purpose of the Securities & Derivatives Analyst 1 role is to assist in the clearance, settlement, and investigation of client securities and derivatives transactions originating from trading desks and branch offices.
What are the main responsibilities of this position?
The main responsibilities include performing trade verifications, generating and matching trade confirmations, completing settlement tasks, coordinating transaction processing issues, performing regulatory controls and account reconciliations, preparing regulatory reports, and participating in General Ledger proofing exercises.
Is prior experience required for this role?
Relevant experience is preferred but not mandatory, as this position is considered entry-level.
What educational background is required for this position?
A Bachelor’s Degree in Business, Accounting, Finance, or equivalent experience is required for this position.
What skills are essential for the Securities & Derivatives Analyst 1 position?
Essential skills include a fundamental understanding of Treasury products, accounting, regulatory policies, the ability to perform concurrent activities in a high-risk environment, knowledge of macros, and clear written and verbal communication skills.
What kind of training will be provided for new employees?
Specific training details are typically provided during onboarding and will cover various aspects of securities and derivatives processing, as well as compliance with established policies and regulations.
What opportunities for advancement are available in this role?
There are opportunities for advancement within the Operations - Transaction Services team and other related areas at Citi, contingent on performance and skill development.
How does the company ensure compliance with laws and regulations?
The role involves assessing risk when making business decisions and driving compliance with applicable laws, rules, and regulations while adhering to internal policies.
What type of work environment can I expect?
You can expect a high-paced environment where multitasking and adaptability to concurrent projects are crucial, alongside collaboration with other departments.
Are there any additional job-related duties assigned outside of those listed?
Yes, other job-related duties may be assigned as required, depending on the needs of the department.