Securities & Derivatives Rep x5 at CitiBank

• Oversee affirmation and settling of Interbank Foreign Exchange and Money Market trades.
• Oversee manual confirmation of client Foreign Exchange and Money Market trades
• Ensure prudent processing of all high value (RTGS) inflows & tax settlements.
• Manage effective intraday communication with Treasury Front Office on liquidity by monitoring Bank of Zambia and New York current accounts.
• Ensure accurate Preparation of regulatory and internal reports at prescribed times during the day i.e. Interbank Money Market return, EOD Citibank Foreign Exchange Returns, Intra FX rate reporting.
• Effect Local and Foreign Currency Regulatory Reserve movements.
• Manage movement of Securities in CSD for foreign investors(affiliates), Interbank counterparties and clients.
• Manage coupon and fee payments on Securities.
• Manage and Monitor Pledged Collateral for the Zambia Electronic Clearing House.
• Reconciling Bank securities held with the Central Bank.
• Review and update of treasury processes, policies and procedure manuals.
• Monitor compliance of all treasury activities relative to policies, local regulations and procedures through Managers
• Continuous Assessment(MCA) Process.
• Maintaining effective communication with the regulator, i.e. BoZ, ZRA and LuSE.
• Support Citi-service in providing after sales services on treasury products and timely resolution of customer queries.
• Manage daily review of treasury reconciliations through Nostro reports.
• Ensure Timely aggregation and provision of source docs to proofing team for all accounts assigned to TROPS.
• Championing back office’s audit process for both internal and external audits including liaisons on audit follow-up.
• Communicating with counterparties and other functions in resolving queries relating to treasury transactions.
• Undertake System Functional and connectivity tests for the Bank of Zambia Montran application.

Qualifications

Knowledge/Experience:

• University Graduate in Business Studies, Accountancy, Computer Studies, Sciences etc
• 1-4 Years work experince, preferabley in Banking, Finance, Treasury or Commerce office.

Exceptional candidates who do not meet these criteria may be considered for the role provided they have the necessary skills and experience.

Valuing Diversity

Demonstrates an appreciation of a diverse workforce. Appreciates differences in style or perspective and uses differences to add value to decisions or actions and organisational success.

Citi is an Equal Opportunities Employer