Fixed Income Operations Transaction Service Analyst

Primary Location: Australia,New South Wales,Sydney
Education: Associate's Degree/College Diploma
Job Function: Transaction Processing
Schedule: Full-time
Shift: Day Job
Employee Status: Regular
Travel Time: No
Job ID: 18044913
Description
Strategic Intent:
Provide support for the local Citigroup Global Markets Australia Fixed Income trading and Finance desks as well as customer service support for international Broker-dealer entities
Key Responsibilities:
Austraclear pre-matching and T+2 settlement of Outright Fixed Income Trade for CGMA
End of Day Cash balancing for Austraclear movements and Cash statement balancing and reconciliation
Reconciliation of trades booked versus incoming Broker confirms
Sending of Fixed Income confirmations, matching and validation of trade in accordance with ALPS trade confirmation requirements
Responsibility for Reporting, investigation and follow up of Failed Trades
Responsibility for Monitoring the RBA Repo trades to ensure we have securities on hand to deliver before cutoff and ensure no exceptions
EOD reconciliation of our Stock holding record (iGSR) vs Depositories
Monitoring of Repo Margining calls and settlement as required
Processing of Coupon Corporate action on all bond holdings
Interco customer support for CGMI and CGML trading AUD/NZD Fixed income products
Customer service support for Non AUD Fixed income products for local customers
Responsibility for the preparation of funding requirements for CGMI/CGML
Delivery management/Depot re-alignments of Fixed income bonds for all entities as required between Euroclear and local depositories
Reconciliation and settlement of Brokerage and ensure compliance with Citi's expense Management policies
Liaise with customers and internally with Securities Services (custody) to resolve settlement discrepancies as well continuing to build partnerships with the business
Assisting the team leader with day to day operation and strategic requirements
Qualifications
Knowledge and Experience:
Understanding of general business and financial Markets principles
Basic Accounting and understanding of Stock and Cash reconciliation processes
Minimum Software literacy of 'intermediate' in relation to Excel and MS Word
Appreciation and understanding of the key treasury controls such as the importance and impact of unconfirmed trades or outstanding settlement reconciliation items
Knowledge of settlements and payments systems
Basic knowledge of Local and International Financial Bonds Markets from a settlements perspective
Ability to work in a team with a willingness to learn from others, share knowledge and accept added responsibility as and when required
Excellent written and verbal communication skills
Strong attention to detail
Able to recognise problems early and offer suitable solutions for resolution
Identify opportunities for simplification and streamlining of processes
Tertiary qualifications in relevant business areas of Study favourable
Previous experience in a Financial Markets operations role is preferable
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