Securities & Derivatives Analyst

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Job Overview

The Securities & Derivative Analyst 1 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.

Mandatory Requirements

• Oversee middle office activities with emphasis on client account updates and adherence to compliance protocols

• Handle routine inquiries and follow-ups received via email from FAs, OSJs (Office of Supervisory Jurisdiction) and RSOs (Regional Supervisory Officers).

• Review conversion checklists and ensure seamless conversion of client accounts into managed programs.

• Maintain compliance with internal controls and regulatory standards; proactively communicate any discrepancies to relevant stakeholders.

• Analyze, review, and validate U.S. tax forms (W-9, W-8 series) with moderate to complex scenarios at Level 1.

• Submit service center requests for federal and FATCA withholding reversals in accordance with guidelines.

• Process and update client information such as address changes, Net worths, Employment Info, Demographic changes based on daily maintenance requests.

• Initiate and track Work Status Requests to ensure accurate updates across internal systems.

• Monitor key operational queues for tax forms and submit appropriate correction or escalation requests.

• Coordinate remediation efforts by sending notification emails to Financial Advisors (FAs) for required corrections.

• Regularly review team mailboxes and system databases to ensure timely response and resolution of all items.

• Maintain and update standard operating procedures (SOPs); support a control-focused environment by adhering to documentation protocols.

• Assist with audit processes, including preparation of supporting documentation and communication records.

• Prepare daily, weekly, and monthly MIS reports for management review and audit readiness.

Responsibilities:

• Perform trade verifications to ensure accuracy of booking requests

• Generate and match trade confirmations according to the International Swaps and Derivatives Association (ISDA) templates

• Complete settlement tasks and daily rate revaluations accurately and on time

• Coordinate transaction processing issues to the appropriate department and collaborate on a solution

• Perform regulatory controls, account reconciliations, and record retention activities in accordance with established policies

• Prepare and submit periodic internal and external regulatory reports

• Participate in the periodic General Ledger (GL) proofing exercises as directed

• 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:

• Relevant experience preferred

• Fundamental understanding of Treasury products, accounting and regulatory policies

• Proven ability to perform various concurrent activities/projects in a high-risk environment

• Demonstrated knowledge of macros

• Consistently demonstrates clear and concise written and verbal communication skills

Education:

• Bachelor’s Degree/University degree or equivalent experience in Business, Accounting or Finance