Citi FX Prime Brokerage Middle Office in Singapore, Singapore

  • Primary Location: Singapore,Singapore,Singapore

  • Education: Bachelor's Degree

  • Job Function: Operations

  • Schedule: Full-time

  • Shift: Day Job

  • Employee Status: Regular

  • Travel Time: No

  • Job ID: 17049980

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:

  • 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

Development Value:

  • An opportunity ideally suited for Operations personnel looking to bring their FX skills to the Middle Office

Knowledge/Experience:

  • Prior FX and/or FX Prime Brokerage work experience

  • Knowledge of the Traiana/Harmony/Netlink applications

  • Understanding of hedge fund operations, credit and margin

Skills:

  • Excellent communication skills

  • Mature and ability to work independently and under pressure

Qualifications:

  • Educated to degree level

Competencies:

  • Customer focused attention to detail and accuracy

  • Highly organized

Qualifications

  • Degree level educated