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Citigroup Global Markets Japan (CGMJ) is seeking a candidate to join its Markets Middle Office organization in our Rates Trading Middle Office team. This role will have close interaction with various businesses, mainly the Tokyo-based Rates Trading Desk which deals with JGB, IRS vanilla swaps and swaptions, along with an extensive range of Structured Products. Prior Middle Office experience, especially in Rates business is strongly preferred. We are looking for a candidate who is interested in becoming a Middle Office expert, is detail orientated, can communicate well, can work successfully with others as a team, and can take initiative to solve problems & find solutions by working closely with their colleagues, the business and other support and control teams. This person will work closely with the various cross-asset Middle Office teams, the Front Office (primarily traders but also sales), IT, Finance, Operations, and Compliance, and be responsible for ensuring that the trades are captured correctly in the Front Office risk management / trade capture systems, monitoring and ensuring trades are successfully processed, and performing controls & checks which are key Middle Office tasks. The team also interacts daily with other global teams at Citi, as well as across the industry, so the role provides great opportunity for exposure and growth.
Job Responsibility
Ensure correct trade capturing with trade booking checking
Coordination of lifecycle events and trade management for our portfolio of trades, with a focus on the extensive Structured Derivatives portfolio which our Rates Business trades
Perform reconciliations, investigate breaks, and ensure that all breaks are resolved accurately and in a timely manner
Support new product initiative or regulatory changes impacting Fixed Income Middle Office
Continually seek ways to enhance existing processes and/or develop robust control procedures for any new requirements identified to ensure appropriate processes are in place
Work closely and effectively with immediate team colleagues, the business and other support functions to provide a high standard of support to an active FI business & their client
Timely escalation of issues to Middle Office management
Provide analytical and administrative support to Front Office Trading
Be able to provide guidance to the junior members in the team
Requirements
Product Knowledge: Derivative / Cash Knowledge preferred from at least one asset class (e.g. Rates, Credit)
Communication: Excellent communication skills (verbal, written, presentation) and ability to liaise with large global multi-function departments
English/Japanese Communication: Advanced to fluent verbal and written English level & Fluency in Japanese language both written and spoken required are must
Experience: Demonstrated experience in a Middle Office or operations role
Organization: Strong organization and multi-tasking skills. Flexibility to handle multiple tasks and changing priorities along with a desire to work in a fast-paced environment under tight deadlines
Analytical: Strong analytical and problem-solving skills. Ability to research an issue across sources to identify plans to deliver. A high level of attention to detail. An ability to pick up and learn systems, trade flows and concepts quickly
Interpersonal: Excellent interpersonal skills to develop relationships both internally and externally to collaborate effectively. Ability to Lead and influence multiple individuals who do not directly work for you. An ability to work harmoniously with various teams and people from diverse backgrounds and nationalities
Technical Skills: Advanced knowledge of Excel preferred