Forex Settlement Officer

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 in-depth understanding of how the team collaborates with other areas in accomplishing assigned tasks
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:

2-4 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 Forex transactions. It involves engaging closely with partners (both internal and external) such as Treasury, Account Managers, correspondent banks, CPA, 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 re-engineering, standardization and automation initiatives.
Managing relationship with various internal stake-holders viz. Business team, Compliance and external stake-holders viz. Corr bank, CPAs etc.

India
Maharashtra
Pune Show on map Get directions