The Commodities Operations group seeks a candidate for the Confirmations team. The successful candidate for this role will primarily be tasked with generating confirmations for new trades executed daily and dispatching timely to counterparties, meeting regulatory imposed timelines.
This is a great opportunity to join a high performing, high profile and energized team that provides daily support to our global Commodities trading teams and their clients.
Responsibilities:
- Work with Legal, Credit and Trading as necessary to ensure that confirmations reflect the terms of the deal executed.
- Daily monitoring and handling of ICE eConfirm electronic matching confirmation process.
- Review incoming confirmations from counterparties and discuss any non-standard clauses with Legal prior to execution.
- Chase counterparties for outstanding confirmations not received in a timely manner.
- Perform reporting duties (daily, weekly, and monthly).
- Develop a technical understanding of supporting applications and architecture, identifying opportunities for improvement, and involvement in testing.
- Perform User Acceptance Testing as necessary to ensure all proposed system releases and enhancements are fit for purpose.
Qualifications:
- Demonstrated success solving problems proactively.
- Proven ability to quickly understand and critically assess complex processes.
- High degree of accuracy and attention to detail.
- Consistently demonstrates clear and concise written and verbal communication.
- Ability to multitask and thrive in a fast-paced environment.
- Demonstrated ability to remain unbiased in a diverse working environment.
Education:
- Bachelor’s degree/University degree or equivalent experience.
Job Family Group: Operations - Transaction Services
Job Family: Securities and Derivatives Processing
Time Type: Full time
Primary Location: Houston Texas United States
Primary Location Full Time Salary Range: $54,100.00 - $75,500.00
In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.
Anticipated Posting Close Date: Nov 04, 2024
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. Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.
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