O and T FX Prime Brokerage MO Manager

Citibank - More jobs by this advertiser
O and T FX Prime Brokerage MO Manager-18075293
 Description: The FX Prime Brokerage Middle Office Representative’s primary role is to ensure timely trade matching and exception handling. A very high degree of attention to detail and creativity and awareness of potential market, credit and operational risk exposure is required. Also, awareness of systems and technology providers is critical as to recognise and deal with any outages that may occur. Job Background/Context: FX Prime Brokerage is a service used by hedge funds, Commodity Trading Advisors (CTA’s), Broker/Dealers, Retail Aggregators and Proprietary Trading Firms to achieve consolidated margin, reporting and settlement from a single counterparty while maintaining the benefits of multiple FX trading relationships. The individual will require knowledge of FX including, operations, pricing and margining Position Responsibilities:
  • Responsible for managing the day-to-day Operations of the unit
  • Supervisory duty which includes but not limited to the following
    • Responsible for staff's goal-setting and performance appraisal,
    • Responsible for coaching, developing and motivating staff to achieve superior results
    • Manages human resources, processes and systems to maximize quality and quantity of service while reducing costs
  • Analyzes current processes to assist in recommending process enhancements to more efficiently meet the needs of the business and work towards achieving optimum productivity and accuracy
  • Support projects implementation, system enhancements etc
  • Responsible to maintain and update process documentation.
  • Maintains and enhances communications with business and other internal constituencies
  • Constantly keep updated with Industry standards and practices
  • Adhere to audit readiness control environment
  • Coordinates and participate in various control related exercise ie(COB testing, Record retention, MCA etc)
  • Responsible for consistently meeting KPIs
  • Process trades executed away from Citi
  • Manage trade exceptions in the matching platform
  • Monitor main Prime Brokerage inbox and separate queries folder
  • Awareness of escalation procedures to FXPB business
  • Process NDF fixes
  • Monitor warehouses
  • Be aware of potential situations that give rise to basis risk and ensure that trades are processed correctly as to avoid such a situation
  • Monitor client and counterparty trade activity against available credit and product limits
  • Monitor and resolve all technology failures relating to trade processing (internal and external)
  • Be customer focused and responsive to ensure a high level of client satisfaction
  • Become an expert in PB transaction process flow
  • Work effectively with other functional areas within FX
  • Cover unexpected events by demonstrating flexibility to core working hours
  • Open to work on public holidays and weekends

  • Preferably with 6 years of working experience in FX and/or FX Prime Brokerage work experience
  • Knowledge of the Traiana/Harmony/Netlink applications
  • Understanding of hedge fund operations, credit and margin
  • Prior experience in managing a small to mid-size team will be an added advantage
  • Excellent communication skills
  • Mature and ability to work independently and under pressure
  • Educated to degree level, preferably in Banking, Accounting and Finance with good academic record
  • Customer focused attention to detail and accuracy
  • Highly organized

20 December 2018
Location: Singapore Singapore
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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