Securities & Derivatives Rep 4

Citibank - More jobs by this advertiser
Securities & Derivatives Rep 4-18060452

About Citi

Citi has had a presence in Ireland since 1965 and was one of the first foreign banks to open an office here. As the No.1 Corporate and Investment bank in Ireland, Citi led all of the major financing for aviation leasing clients in 2016 in Ireland, which is a global aviation leasing hub. Citibank Europe has been Head Quartered in Dublin since January 2016 and is Citi’s single EU-passported bank, with operations in 21 countries across the EMEA region and is regulated by the European Central Bank with a long-term rating “A” by all three primary Rating Agencies. The businesses covered by Citibank Europe include Markets and Securities Services, Corporate Banking, Trade and Treasury Solutions, Private Banking and Consumer. As of 2016, Citibank Europe has a net income of US$852 million, over 9,000 employees and more than 60% of these working in the Citi Service Centres.

Department Overview


Based in the Dublin Service Centre, the Issuer Services Department is part of the wider Custody and Issuer Services Group. The Department contains a diverse section of units which support our Issuer Services Clients, Product and Sales partners. The services we provide include Depository servicing, Issuing and Paying agency services and Specialised Agency functions such as Account Bank, Project Finance, Structured Finance and Escrow Agent functions.


Typical Corporate Trust clients of Citi include major international and national-level corporations, financial institutions (FIs), banks, and public sector/sovereign Debt issuers, as well as investment banks, asset managers, and stand-alone collateral managers.


Team/Position Overview

Entry level role within CDP/External Rates/21 Day Reconciliation team within the Issuer Services Operations Depository Processing Group. The Common Depositary team by appointment of Euroclear and Clearstream, and operate in accordance with standard market manual of procedures.


CDP Processing / Common Depository Claims are responsible for sending a MT 564 pre-advice to the ICSDs for coupons, cash dividends and/or principal events. Where Citibank not play the role as Paying Agent, a payment instruction must be provided to the External Paying Agent in order for the ICSDs to receive payments.

The external rates process is concerned with the timely and accurate collation of all variable rates from external calculation agents in our role of common depository in order to facilities their release to the market. The team are also responsible for the cash investigations role - which is the ICSD client face which sees the team address all income related queries raised by the ICSDS on a daily basis in a timely, accurate manner.


Key Responsibilities:

  • Carry out any clerical tasks/activities within area depending on staffing levels and volumes.
  • Assistance in completion of all daily processes/deliverables across the wider Depositary team.
  • Completion of the daily swift runs.
  • Compare documentation to system information, check accuracy and highlight discrepancies.
  • Review Investigation logs on daily basis ensuring all relevant files are updated appropriately.
  • Review daily checklist ensuring all tasks have been signed as completed.
  • Review monthly client’s exceptions report, investigate root causes.
  • Liaise with agents to resolve escalated problems.
  • Continuously develop prioritisation and multi-tasking skills, with ability to delegate work where necessary to ensure urgent and unexpected tasks are completed.
  • Ensure daily statistics are complete. Utilise strong understanding of performance MIS to drive Business process, re-design and quality improvements.
  • Participates in projects as directed by the Team leader and Section Manager and provide feedback on project related activities.
  • Participate in and if directed take lead in department wide initiatives with focus on manual touch point reduction and innovation.


Experience and Skills:

  • Strong organisational skills and ability to work accurately under pressure meeting strict daily deadlines.
  • Maintain high work rates irrespective of fluctuating volume.
  • Initiative is essential, proven ability to execute solutions
  • Utilising own initiative i.e. process re-engineering.
  • Motivated and enthusiastic, able to cope with constantly changing priorities
  • Good written and verbal communication skills
  • Quick assimilation of new processes and deal structures
  • Ability to remain calm and professional at all times (Customer Interfacing role)

What we Offer


A Fantastic opportunity to join a growing dynamic business within Citi, We aim to improve or processes through automation initiatives along with process improvement. Offering any potential candidate opportunity to grow and develop.


As well as a competitive salary and consideration for a yearly discretionary bonus Citi offer;

  • Competitive paid annual leave
  • A non-contributory pension scheme with strong employer contributions
  • Life assurance cover
  • Citi fully covers medical insurance for all employees with generous day to day benefits as well as hospital cover
  • Citi also supports a further education policy
  • Wellness program - on site Occupational Health Centre plus a series of informative talks on topical health related subjects
  • Tax Saver and Bike to Work Schemes
  • Opportunity to work in a flexible environment where the business can support

At Citi, we pride ourselves on our ability to offer employees a number of lifestyle benefits including an on-site restaurant, coffee dock and shop, a subsidised gym and subsidised social clubs and societies.


Citi boasts a large diversity framework and network which encourages inclusion in the workforce as well as participation in a wide variety of initiatives and events. We also pride ourselves on our engagement with the local community from a Corporate Social Responsibility perspective.


Citi offers employees a competitive benefits package as well as extra additional perks such as corporate discounts and memberships.


Exceptional candidates who do not meet these criteria may be considered for the role provided they have the necessary skills and experience.


Valuing Diversity: Demonstrates an appreciation of a diverse workforce. Appreciates differences in style or perspective and uses differences to add value to decisions or actions and organisational success.


Citi is an Equal Opportunities Employer.


7 February 2019
Location: Ireland Dublin
Work type:
Full time
Banking and Financial Services
PLEASE! No enquiries from Recruitment Agencies or Headhunters.

Only direct applications will be considered.

This career opportunity is no longer open.
Please search for current vacancies here.

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