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Citigroup

OTC Derivative Settlements Assistant Vice President

Citigroup

Jersey City, NJ · full time · Senior

$98,960 – $148,440

Listed on Citigroup’s own careers site. You apply with them directly — we never stand between you and the employer.

What this role is

This role manages the end-to-end settlement of OTC derivative products, handling reconciliations, counterparty disputes, and regulatory compliance while mentoring junior staff. It suits experienced operations professionals with deep knowledge of derivatives mechanics and the platforms that process them.

Our summary, not Citigroup’s wording. The full posting is on their site.

Skills this role names

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What they ask for

Required

  • 5+ years in financial services operations or middle office
  • Deep knowledge of OTC derivative products and settlement mechanics
  • Experience with trade processing platforms (DTCC, MarkitWire, TriOptima)
  • Understanding of payment systems (SWIFT, CLS)
  • Ability to manage settlement reconciliations and resolve breaks
  • Proficiency in analytical problem-solving and risk assessment
  • Bachelor's degree in finance, economics, business administration, or related field

Nice to have

  • Master's degree
  • Advanced Excel proficiency
  • Experience implementing AI and machine learning tools for process automation

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