The Settlements Manager is an intermediate management level position responsible for providing leadership and direction to a team of employees in an effort to process orders and transactions originating from trading desks and branch offices in coordination with the Operations - Transaction Management Team. The overall objective of this role is to ensure the seamless settlement of securities transactions.
Responsibilities:
* Execute securities transaction processing related to Securities Clearance Settlement, with a focus on Third Party Clearing, Account Operator, physical transfers in both the Australian and New Zealand markets.
* Formulate procedures, techniques and contribute to the development of new techniques that increase team productivity, ensuring entire team meets or exceeds performance goals.
* Serve as an analytical and procedural expert, and as first point of escalation for staff members, management and internal / external clients.
* Escalate control gaps and issues to senior management as needed.
* Identify control gaps during settlement cycle and implement appropriate solutions to mitigate any risk or control losses.
* Analyze data to identify control deficiencies and resolve discovered issues through implementing appropriate procedures.
* Act as an experienced advisor to other members of the team.
* Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets.
Qualifications:
* 5-8 years of relevant experience.
* Experience in a securities transactions processing role.
* In-depth knowledge of settlement cycle concepts and procedures to resolve settlement issues.
* Previous people management experience.
* Consistently demonstrates clear and concise written and verbal communication 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.
Job Family Group: Operations - Transaction Services
Job Family: Securities and Derivatives Processing
Time Type: Full time
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.
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