Settlements Senior Analyst

Job Id: 24736196

The Settlements Senior Analyst is an intermediate level position responsible for providing support across physical commodity settlements. The overall objective of this role is to support traders, perform invoicing and payments, and improve process efficiency in overall workflow of physical settlements. You will have the opportunity to recommend creative suggestions on how to improve processes to minimize losses from failed internal processes, inadequate controls, and emerging risk better serve our clients. This is a great opportunity to join a high performing, high profile and energized team providing daily support to our Global traders and clients.

Responsibilities

Accurate and timely processing of invoicing/payments of all transactions and according to their legal agreementsEnsure physical invoices are reconciled, processed and paid on timeProvide in depth analysis of variances between booked and client amounts, and work with schedulers and traders to resolve any discrepanciesProvide support to Front Office Sales and Trading for all commodity settlement related queriesEscalation and resolution of settlement cash breaksIdentify control deficiencies, resolve issues and escalate control gaps and issues to senior management when appropriateContribute to bank change projects and the development of new techniques to improve processes and workflowsEnsure procedures/process improvement are appropriately updated and documentedProvide informal/formal leadership for the team, and coach and train new recruits, and provide guidance and support to junior staffThis is a great opportunity to join a high performing, high profile and energized team providing daily support to our Global Traders and Clients

Qualifications

5-8 years of experience in a related roleRelevant Degree or equivalent experienceAbility to work under pressure and manage to deadlinesAbility to work in a fast-paced environmentConsistently demonstrates clear and concise written and verbal communicationAttention to detail and intermediate problem solving skills

Education

Bachelor’s degree/University degree or equivalent experience

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

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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

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Primary Location

Houston Texas United States

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Primary Location Full Time Salary Range

$87,360.00 - $131,040.00

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.

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Anticipated Posting Close Date

Apr 24, 2024

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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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