Forex Settlement Officer - Pune, India - Citi

Citi

Verified Company

Pune, India

2 weeks ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

The Securities & Derivatives Rep 5 is an entry level position responsible for processing orders and transactions originating from trading desks and branch offices in coordination with the Operations - Transaction Services team.

The overall objective of this role is to assist in the clearance, settlement and investigation of client securities and derivatives transactions.

Responsibilities:

Identify and implement process improves of the securities and derivatives settlement process using data analysis tools and methodologies
Complete operational tasks focused on administering defined procedures, analyses and report preparation
Analyze data and make recommendations for the launch of new products and services or upgraded platforms
Minimize risk to the bank by monitoring errors and suggesting solutions that reduce errors, and ensure adherence to audit and control policies
Identify policy gaps and propose efforts to streamline the securities and derivatives settlement processes
Monitor, analyze and evaluate processes and data to ensure the accuracy and quality of completed settlement tasks
Maintain an indepth understanding of how the team collaborates with other areas in accomplishing assigned tasks

Qualifications:

24 years of relevant experience
Fundamental knowledge of securities/derivatives activities, policies, procedures, and concepts
Consistently demonstrates clear and concise written and verbal communication skills

Education:

High School diploma or equivalent

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

This role is responsible for managing processing of Outward Forex transactions.

It involves engaging closely with partners (both internal and external) such as Treasury, Account Managers, correspondent banks, support teams and managing a team / driving operations in a very dynamic market / regulatory environment.

It also involves driving change / re-engineering projects and consistently evaluating & managing process / controls.

Managing day to day operations of the units, with complete adherence to defined processes & controls.
Ensure client delivery as per SLA & defined timelines, timely action on client requirements and ability to deliver value added solutions.
Change Management (Market/Regulatory/Client driven etc.)
Compliance with various regulations
Contribute to process reviews; drive reengineering, standardisation and automation initiatives.
Managing relationship with various internal stakeholders viz. Business team, Compliance and external stakeholders viz. Corr bank, CPAs etc.

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Job Family Group:

Operations - Transaction Services

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Job Family:

Securities and Derivatives Processing

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Time Type:

Full time

Citi is an equal opportunity and affirmative action employer.

Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

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