• Product Control Senior Analyst - North America Rates Group Jobs in United States Of America

  • Citibank India
  • United States Of America, Usa
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  • 0 - 3 Years
  • Posted : above 1 month

Job Description:

Product Control Senior Analyst - North America Rates Group (Buffalo, NY) - 19023700


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

Citis 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 publics 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

Citis Finance Division is comprised of various global functions, including Treasury, Tax, Controllers, Financial Planning & Analysis, Investor Relations and Mergers & Acquisitions The Finance Division is the guardian and communicator of key financial information and controls As a partner with Citis various businesses, Citi Finance drives business franchise and legal entity decisions on capital planning, liquidity, budgeting, tax, strategic direction and policy management

Product Control is a specialized area within the Controllers discipline responsible for the accounting and financial reporting of a trading desk or business product Product Control reports daily, monthly, quarterly and yearly revenues and is responsible for key controls over revenue reporting and analysis, balance sheet reporting and analysis, new transaction reviews, foreign exchange exposure reporting and coverage, and independent price verification

For this role, the candidate will support the NAM G10 Rates, Markets Treasury & Finance Desk Businesses, among the primary businesses within the Citi Markets & Securities Services Organization These businesses conduct market making in interest rate cash and OTC derivative products The business trades in Sovereigns, Supra-nationals, Agencies and covered bonds, interest rate and cross currency swaps, options, exotic derivatives and inflation bonds and related OTC derivatives The objective of this role is to become a subject matter expert on all aspects of these products and play a prominent role in driving processes forward to enhance controls

Responsibilities Include

Production of daily P&L production, validation and reporting of the NAM G10 Rates business, specifically focused on Government securities, interest rate swaps, options, and futures

Production of daily and month-end sub-ledger / ledger validation;

Review and assess sizable balance sheet and supporting regulatory reporting, month-end closing process and quarterly / annual disclosure reporting;

Understand the Profit Attribution Analysis (PAA) of the portfolio As well as the daily reconciliation of PAA vs the reported desk revenues

Reconciliation of daily risk and positions

Daily interaction with other colleagues throughout the organization, including, trading desks, transactors, middle office, risk management, business unit management teams and operations will be necessary to resolve issues and drive change;

Management Control Self-Assessment preparation for the respective control functions in G10 Rates

Ad hoc projects / assignments including system development, redesigning and streamlining daily and monthly processes, not just for team, but also for the larger department;


Bachelors degree required, Finance and / or Accounting degree preferred;

Advanced degree, CPA and / or CFA a big plus;

Related business experience required; experience supporting fixed income secured financing and derivatives trading desks; prior management experience also preferred;

Must have strong knowledge in accounting fundamentals, transfer pricing, transformation management, financial modeling, portfolio management and understanding of cash flows and asset valuation preferred, particularly with rates-related products;

Excellent interpersonal and communication skills, both verbal and written required;

Strong MS Office Excel skills a must, Access, PowerPoint and other financial systems are pluses;

Must have a good eye for detail, but also be able to step back and see the larger strategic picture;

Must manage multiple tasks in a fast paced environment while meeting deadlines and working under pressure;

Goals and solutions oriented as well as self- driven

EEO Statement Citi is an equal opportunity and affirmative action employer Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity Pay Transparency Citi wont discriminate against anyone for discussing pay, but those with access to pay data in their work cant disclose it unless responding to complaints/investigations or legal requirements

Profile Summary:

Employment Type : Full Time
Eligibility : Any Graduate
Industry : Banking
Functional Area : Accounting/Tax/Company Secretary/Audit
Role : Cost Accounting/ ICWA
Salary : As per Industry Standards
Deadline : 15th Mar 2020

Key Skills:

Company Profile:

Citibank Indiaarfix

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