Cash & Trade Proc Intermediate Analyst - C11 - MUMBAI

LOC Operations & Collateral team provides support to Citigroup’s Insurance Client base.  The team is responsible for operational oversight, adherence to policies and facilitating the delivery of best in class customer experience. Quality is key and organizational skills are critical. There are approximately 400 clients using the ILOC offering and Citigroup is the leader in the market.  The product is very cyclical in nature, the upward trend begins in October and the downward trend ends in March.

Responsibilities

The Cash & Collateral Management Supervisor provides leadership and supervisory responsibility for medium-sized operational/administrative team(s) of clerical/support employees. The role is for ILOC Collateral management & Operations, and provide support to Trade product and Risk counterparts. 

What you will do:

Responsible for the efficient and proper utilization of cash & collateral throughout the firm, and its subsidiaries, on both a domestic and international basis.

Integrates a solid understanding of industry and business standards and practices of collateral and margin processes.

Deals with collateral related problems independently and has some latitude to resolve complex issues.

Designs and analyzes complex reports often related, but not limited to Collateral and Margin processes to satisfy management requirements and support/control activities.

Minimizes risk to the bank through a solid understanding of procedural requirements - provides solutions to reduce errors, and to adhere to audit and control policies.

Provides guidance and/or on-the-job-training to new team members

Approve all payment & security transactions, substitutions & maturities of securities on ILOC portfolio

Ensure transactions are processed efficiently, act as a SME (subject matter expert) and recommend process improvements

Evaluate and recommend solutions to problems through data analysis, technical experience and precedent

Anticipate and respond to requests for deliverables with internal and external clients and vendors

Responsible for Facility Risk Ratio & Shortfall Exceptions reporting

Contribute to and collaborate with cash & trade operations projects as needed

Develop comprehension of how the cash & trade operations team interacts with others in accomplishing objectives

What we'll need from you:

Relevant experience, preferably with Collateral Management, bond settlement expertise

Understanding of Facility Risk Ratios and the related risk and process involved. Ability to calculate and derive these ratios effectively

Good understanding of bond settlements and related cash settlement cycles

Ability to determine eligible collateral and agree substitutions with the client in line with all requirements of the ILOC Risk / eligibility criteria

Fluent English language skills

Effective verbal and written skills

Effective communication and analytical skills

Expert level proficiency in Windows, MS Project, and MS Office Suite, Excel and PowerPoint

Education:

Bachelor’s/University degree or equivalent experience