Product Control Lead Analyst - Equities Group (Buffalo, NY)

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Product Control Lead Analyst - Equities Group (Buffalo, NY)-19032717
Description
 

About Citi
Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Our core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of our clients.

 

Citi’s Mission and Value Proposition explains what we do and Citi Leadership Standards explain how we do it. Our mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. We strive to earn and maintain our clients’ and the public’s trust by constantly adhering to the highest ethical standards and making a positive impact on the communities we serve. Our Leadership Standards is a common set of skills and expected behaviors that illustrate how our employees should work every day to be successful and strengthens our ability to execute against our strategic priorities.

 

Diversity is a key business imperative and a source of strength at Citi. We serve clients from every walk of life, every background and every origin. Our goal is to have our workforce reflect this same diversity at all levels. Citi has made it a priority to foster a culture where the best people want to work, where individuals are promoted based on merit, where we value and demand respect for others and where opportunities to develop are widely available to all.


The Finance Division acts as a strategic partner across business lines. Professionals within the division work closely with the management teams of Citigroup's many departments, adding value to the firm's operations through strategic analysis and hands-on participation in planning and in process redesign. The Finance Division consists of Treasury, Tax, Controllers, Accounting Policy and Planning and Analysis.


The Controller's area is responsible for a variety of activities related to the Firm's financial reporting and controls. The division is divided into different areas of specialization where each group features a unique set of responsibilities that include both analytical and accounting roles.


Business Background:

The Global Equities business has presence in North America, Europe, Japan and Asia Pacific. Their primary function is to act as a market maker and facilitate client equity and equity derivative trading needs.  They provide market access and input to the various needs of our institutional client base.  Each of these businesses is supported by their regional product control teams.

The Equities business utilizes financial products such as stocks, ETFs, Options, futures, and various OTC derivative products to facilitate client needs while minimizing open risk exposures resulting from this activity.


Job Description:

Currently, the Equity Markets Product Control area is seeking a manager to supervise the Flow Derivatives group within the team. This is an exciting opportunity to utilize your analytical skills and increase your knowledge of how equity and equity derivative products are traded and utilized in financial markets. The candidate will be placed within a team that supports the North American Equities Trading business. In this role, the candidate will be responsible to manage the day to day processes surrounding the equity derivative businesses most complex Pnl’s and structures.  The candidate will be responsible for the income statement and balance sheet reporting of these products, additionally the candidate will work closely with traders to understand risk based attributions of the reporting while providing daily written and verbal commentary on the business and market dynamics impacting these numbers.   Alongside the reporting the candidate will be asked to detect, and remediate various efficiency based projects, while collaborating with various functions across the Citi team. 

 

Responsibilities include:

  • Manage team members who will be responsible for daily profit and loss (P&L) reporting and Profit Attribution Analysis (PAA) review

  • Preparation of market commentaries to explain significant P&L movements and events

  • Ensure accurate income statement and balance reporting sheet during month end close

  • Networking with other areas of Finance to ensure policies and procedures are consistently adhered to

  • Collaborating with cross functional teams, including front office, market risk, and operations to resolve open risks

  • Performing analysis for ad hoc requests regarding regulatory, valuation, risk and operational concerns.

  • Regular interaction with managers throughout the organization, including but not limited to Directors and/or Managing Directors of Finance, trading desks, Middle office, risk management, business unit management teams and operations is required

  • Participate in discussions with internal and external auditors


Qualifications
 
  • Four year bachelor’s degree in Finance, Accounting, Economics, Math, or other related disciplines

  •  4 years of related work experience with equity derivatives product control experience or related derivative experience a must.

  •  Strong understanding of Financial Analysis, Markets, and Products

  • Effective written, verbal, and telephone based communication skills

  • Strong Microsoft Excel skills are a must; other financial systems are a plus

  EEO Statement: Citi is an equal opportunity and affirmative action employer. Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity  Pay Transparency: Citi won’t discriminate against anyone for discussing pay, but those with access to pay data in their work can’t disclose it unless responding to complaints/investigations or legal requirements.



18 August 2019
Location: United States New York Buffalo
Work type:
Full time
Sector:
Banking and Financial Services
Profession:
Finance / Accounting
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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