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VP- Derivative Settlements-Hybrid
VP- Derivative Settlements-Hybrid-April 2024
Getzville
Apr 18, 2025
About VP- Derivative Settlements-Hybrid

  The Vice President for OTC Derivative Settlements and Margins is a management level position. The team is charged with processing settlements

  originating from global trading desks and branch offices in coordination with our Settlements Operations - Transaction Services team. The overall objective of this role is to ensure the seamless settlement of OTC Derivatives

  transactions.

  The Securities & Derivatives Sr Manager is a senior management level position responsible for accomplishing results through the management of a team or department in an effort to process 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 ensure the seamless delivery of securities and derivatives transactions.

  Responsibilities:

  Develop and implement business initiatives, client solutions, or projects affiliated with securities and derivatives settlement.

  Solve complex inquiries, conduct discovery, and complete due diligence activities for client requests.

  Provide detailed analysis of escalated issues when necessary and recommend actions for resolution.

  Contribute to processing standards and expectations for securities and derivatives processing teams.

  Develop and implement business plans, policies, and procedures that offer solutions and cost saving opportunities.

  Manage daily performance related to securities and derivatives post-settlement activities of operations processes.

  Propose solutions to implement settlement process improvements, client service enhancements, or overall technology enhancements.

  Coordinate with internal and external clients to assess service quality and identify areas for improvement.

  Act as an advisor to new/junior staff 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, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.

  Be nimble and agile to take on new tasks and strategic initiatives to achieve Transformation goals.

  Qualifications:

  6-10 years of relevant experience

  People management experience

  Consistently demonstrates clear and concise written and verbal communication skills

  Education:

  Bachelor’s Degree/University degree or equivalent experience

  Master’s degree preferred

  


Job Family Group:

  Operations - Transaction Services

  


Job Family:

  Securities and Derivatives Processing

  


Time Type:

  Full time

  


Primary Location:

  Getzville New York United States

  


Primary Location Salary Range:

  $92,000.00 - $138,000.00

  


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 (https://www.citigroup.com/citi/accessibility/application-accessibility.htm) .

  View the "EEO is the Law (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf) " poster. View the EEO is the Law Supplement (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf) .

  View the EEO Policy Statement (http://citi.com/citi/diversity/assets/pdf/eeo_aa_policy.pdf) .

  View the Pay Transparency Posting (https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp_%20English_formattedESQA508c.pdf)

  Citi is an equal opportunity and affirmative action employer.

  Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.

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