The Securities & Derivatives Group Manager is a senior management level position responsible for overseeing a large team (70+ members) dedicated to the efficient and accurate processing of high-volume securities and derivatives transactions for fund accounting processes. This role demands a deep understanding of financial instruments, trade lifecycle events, and fund accounting principles. The Senior Manager will drive operational excellence, ensure regulatory compliance, and foster a culture of continuous improvement within the team. **Responsibilities:** + **Leadership and Team Management:** + Lead, mentor, and coach a team of 70+ transaction processing professionals. + Foster a positive and collaborative work environment, promoting employee development and engagement. + Conduct performance reviews, identify training needs, and implement development plans. + Oversee resource allocation, workload balancing, and succession planning. + **Transaction Processing Oversight:** + Ensure timely and accurate processing of all securities and derivatives transactions, including trade capture, confirmation, settlement, and reconciliation. + Implement and maintain robust quality control measures to minimize errors and ensure data integrity. + Monitor transaction volumes, identify bottlenecks, and implement process improvements to enhance efficiency and scalability. + Develop and maintain comprehensive documentation of transaction processing procedures. + **Fund Accounting Expertise:** + Possess a strong understanding of fund accounting principles and practices. + Ensure compliance with all relevant accounting standards and regulations. + Collaborate with the fund accounting team to ensure accurate and timely reporting. + **Risk Management and Compliance:** + Implement and maintain a robust risk management framework to mitigate operational, financial, and regulatory risks. + Ensure compliance with all relevant regulations and internal policies. + Conduct regular audits and reviews to identify and address potential control weaknesses. + **Stakeholder Management:** + Build and maintain strong relationships with key stakeholders, including trading desks, branch offices, fund accounting, and compliance. + Communicate effectively with stakeholders to provide updates on transaction processing performance and address any concerns. + **Technology and Innovation:** + Stay abreast of industry best practices and emerging technologies in transaction processing. + Identify opportunities to leverage technology to improve efficiency, accuracy, and automation. + Collaborate with technology teams to implement and integrate new systems and tools. + **Budget Management:** + Develop and manage the annual budget for the transaction processing team. + Monitor expenses and identify cost-saving opportunities. **Qualifications:** + 10+ years of relevant experience in securities and derivatives operations, with a focus on transaction processing. + Proven experience managing large teams (70+ members) in a fast-paced, high-volume environment. + Deep understanding of financial instruments, trade lifecycle events, and fund accounting principles. + Strong leadership, communication, and interpersonal skills. + Excellent analytical, problem-solving, and decision-making skills. + Proven ability to manage multiple projects simultaneously and meet tight deadlines. + Bachelor's degree in finance, accounting, or a related field; Master's degree preferred. **Education:** + Bachelor’s degree/University degree or equivalent experience + Master’s degree preferred + Experience with fund accounting software and systems. + Lean Six Sigma or other process improvement certifications. ------------------------------------------------------ **Job Family Group:** Operations - Transaction Services ------------------------------------------------------ **Job Family:** Securities and Derivatives Processing ------------------------------------------------------ **Time Type:** Full time ------------------------------------------------------ **Most Relevant Skills** Please see the requirements listed above. ------------------------------------------------------ **Other Relevant Skills** For complementary skills, please see above and/or contact the recruiter. ------------------------------------------------------ _Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law._ _If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review_ _Accessibility at Citi (https://www.citigroup.com/citi/accessibility/application-accessibility.htm)_ _._ _View Citi’s_ _EEO Policy Statement (https://www.citigroup.com/global/eeo-aa-policy)_ _and the_ _Know Your Rights (https://www.eeoc.gov/sites/default/files/2023-06/22-088\_EEOC\_KnowYourRights6.12ScreenRdr.pdf)_ _poster._ Citi is an equal opportunity and affirmative action employer. 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