C

Citi

Runs banking and payments for global clients

Custody Operations Manager

Logistics & TransportationPosted on Nov 13
Full-timeSeoul, South KoreaNo salary listedHybrid

About the Job

Requirements

  • Five to eight years of relevant experience.
  • A bachelor's degree or university degree, or equivalent experience.
  • Understanding of the bank's or market's securities settlement systems, including SWIFT, BOK-Wire, and SAFE+, and banking operations including overseas remittances.
  • Understanding of securities-related disclosure events for equities, bonds, and other securities.
  • English verbal and written communication ability.
  • Ability to use Microsoft Office.
  • Ability to process work quickly and accurately.

Responsibilities

  • Accurately process settlements for domestic and international securities trades and securities lending transactions for custody clients, improving processes to deliver differentiated customer service.
  • Act as the Transaction Management lead within the Securities Operations Department.
  • Understand and verify securities settlement instructions, register them in securities settlement systems, and handle related customer operations.
  • Process corporate action events arising from securities custody.
  • Incorporate market and regulatory changes into securities operations processes.
  • Manage securities-operations-related projects.
  • Process fund payments arising from custody assets or transactions, including associated foreign exchange and overseas remittances.
  • Report and resolve customer requests and complaints.
  • Improve processes to enhance customer service.
  • Resolve complex securities-processing problems requiring in-depth evaluation of basic procedures and industry standards.
  • Process hedge fund tasks, including calculating net asset value, reconciling cash and holdings, and pricing securities.
  • Provide advanced solutions for assigned securities-processing areas.
  • Provide guidance and assistance to junior staff.
  • Oversee setup of new hedge funds while representing the securities-processing team as its analytical and procedural expert.
  • Serve as an analytical or procedural expert for securities-processing deliverables and initiatives.
  • Prepare expense budgets, analyze expense calculations, and prepare unaudited financial statements.
  • Determine fund value and allocate values to each investor.
  • Help develop techniques and streamline hedge fund and securities-processing activities.
  • Assess risk in business decisions, protect the firm's reputation and its clients and assets, comply with applicable laws and policies, exercise sound ethical judgment, and transparently escalate, manage, and report control issues.

Desired Qualifications

  • Experience in custody operations, including securities settlement and disclosure events; treasury operations, including foreign exchange, derivatives, and bond settlement; or banking operations, including overseas payments.

About the Company

Citi

Runs banking and payments for global clients

Citi runs banking, investment and payment services for companies, governments and individuals around the world. Its global network connects institutions with local banking systems, while its US consumer business sells credit cards and deposit accounts. Corporate clients use Citi to manage cash, finance trade and raise capital, and investors use its trading, custody and wealth services to hold and manage assets. The bank earns interest on loans and fees from payments, securities transactions, financial advice and account services. Citi traces its banking roots to 1812; the Citigroup holding company was formed in 1998, and its headquarters are in New York City.

Company size
10,001+
Company stage
IPO
Headquarters
New York City, New York
Founded
1812

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