Citi India | Securities & Derivatives Analyst Market Ops

Responsibilities

• Fixed Income & Money Market, you will be the operational backbone of our treasury desk.
• Your expertise will ensure that every trade—from government securities to short-term money market instruments—is executed, settled, and reconciled flawlessly.
• You will safeguard operational integrity, enhance process efficiency, and enable our traders and portfolio managers to focus on market opportunities with confidence.
• Verify, authorize, and release high-value transactions in compliance with RBI guidelines and internal risk controls.
• Coordinate with counterparties, custodians, clearing corporations, and internal teams to ensure timely trade confirmations and settlements.
• Monitor and resolve trade exceptions, breaks, and discrepancies through proactive follow-ups.
• Ensure accurate accounting entries, reconciliations, and regulatory reporting for all treasury transactions.
• Ensure accurate valuation of fixed income securities (G-Secs, SDLs, corporate bonds) using market-based and model-based approaches, in line with RBI and accounting standards.
• Manage operational aspects of Primary Dealership activities—auction participation, underwriting commitments, and secondary market trades.
• Prepare and review regulatory reports (ORFS, SGL, RBI returns) with zero tolerance for errors.
• Coordinate with front office, risk, compliance, and custodians to ensure smooth trade lifecycle management.
• Implement process improvements to enhance efficiency, reduce operational risk, and strengthen internal controls.
• Drive process improvements and automation initiatives to enhance operational efficiency and reduce risk.
• Manage daily cash flow, liquidity positions, and collateral requirements to support trading activities.

Skills

• 5–8 years of experience in Treasury Operations with a strong focus on fixed income and money market instruments.
• In-depth knowledge of valuation techniques for fixed income securities, including yield curve construction, duration/convexity analysis, and mark-to-market processes.
• Hands-on experience in Primary Dealership operations, including auction bidding, underwriting, and settlement.
• Strong understanding of RBI regulations, SGL/CSGL processes, and clearing systems.
• Proficiency in treasury management systems and advanced Excel skills.
• Exceptional attention to detail, problem-solving skills, and the ability to work under tight deadlines.
• A collaborative mindset with the ability to work effectively across teams.
• Good understanding on transactions processing of Primary & Secondary market corporate bond, CP & CD.
• Hands-on experience with market applications like NDS, CROMS, E-KUBER, CBRICS & FTrac.

Citi

Citi is the global bank of Citigroup Inc., one of the world's largest financial institutions, serving corporations, governments, institutions and individuals in about 160 countries and jurisdictions. Citigroup's shares trade on the New York Stock Exchange.

In India, where Citi has been present since 1902, the bank focuses on institutional banking, corporate and investment banking, markets and securities services, alongside large shared-services, technology and operations teams that support its businesses worldwide. Finance, controllership, risk, regulatory reporting, audit, treasury, taxation and compliance roles are regularly hired for across its India offices, and CA, CMA, CFA and MBA (Finance) profiles are common in them.

• Industry: Global banking and financial services
• Headquarters: New York, USA (Citigroup Inc.)
• In India: Operating in India since 1902, with institutional banking and markets businesses plus large technology, services and operations centres in cities including Mumbai, Pune, Chennai, Gurugram and Bengaluru