Securities & Derivatives Analyst

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Company Details
Name:Citi
Industry: Banking
Description: Citibank N.A. Kenya has been operating in Kenya since 1974 and has two branches in Nairobi and Mombasa, serving Corporate and Institutional clients. Citibank Kenya is the regional hub for the Citi East Africa cluster, which covers Kenya, Uganda, Tanzania and Zambia. It's the only solely corporate bank in Kenya. Businesses Citi Kenya is structured around business segments, product groups, operations and technology and staff units. The business segment that caters to our diverse customer base is our Institutional Clients Group, which includes the global relationship banking services we provide for top-tier local corporate clients. As a part of our business focus and broader market reach, in 1999 we expanded our target market to cater to the emerging and vibrant middle and lower market tiers. We also have a financial institutions group that is responsible for our businesses with other banks, insurance companies and other non-banking financial institutions. We offer a range of banking services to companies, including commercial finance, inter-bank transactions, investment services, deposits, cash management and electronic banking. We assist our customers with managing their finances to increase the value of their investments and finance their projects. Citi Kenya also provides global transaction services, treasury and corporate finance services. Citi's mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. Our core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of our clients. We have 200 years of experience helping our clients meet the world's toughest challenges and embrace its greatest opportunities. We are Citi, the global bank - an institution connecting millions of people across hundreds of countries and cities.
Job Description

Responsibilities include:

 

Initiating or completing these manual tasks either Daily , Weekly and/or Monthly tasks include 

 

Frequent regulatory report submissions to the Central Bank Kenya (CBK), Kenya Revenue Authority (KRA) and the Credit Reference Bureau (CRB) using their regulatory portals, post preparation/maker and review/checker. 

 

Uploading daily MTM prices for Bonds and TBs into the front Office trade booking application Edealer.  

 

Capturing Bids in Primary /Secondary Markets for Gov Securities into the local CBK system, on behalf of the traders. 

 

Cash Flow Projections 

 

Preparation of the Past Due Loans Report for the SSA Cluster of countries.

 

Nostro Reconciliations

 

GL suspense Account Reconciliations

 

General Ledger Account Substantiation support the Balance sheet Proofing Teams.

 

General support for the South Africa Hub, for chasing down client confirmations with corporates when these are not received timeously, and for confirming sight of incoming funds, when FX transactions are booked as DVP for settlement risk mitigation purposes. 

 

Qualifications:

 

3-6 years of relevant experience

 

Fundamental understanding of Treasury products, accounting and regulatory policies

 

Proven ability to perform various concurrent activities/projects in a high-risk environment

 

Ability to work in a fast-paced environment

 

Demonstrated knowledge of intermediate to advanced Excel

 

Bachelor’s Degree/University degree or equivalent experience in Business, Accounting, or Finance

 

 

 

Education: Degree, Diploma
Employment Type: Full Time
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