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Head of Settlements AU NZ

2 months ago


Melbourne, Victoria, Australia Citi Full time
Job Title: Head of Settlements AU NZ

Citi is seeking a highly experienced and skilled professional to lead our Settlements team in Australia and New Zealand. As Head of Settlements AU NZ, you will be responsible for the overall management of our settlement operations, ensuring that transactions are processed efficiently and accurately within our service standards.

Key Responsibilities:
  • Manage daily settlement volumes and ensure that our teams are operating as one, with a shared vision and values.
  • Track and analyze MIS statistics to identify trends and volumes, and make data-driven decisions to improve our operations.
  • Develop and implement capacity planning strategies to meet local and regional business requirements.
  • Coach, train, and motivate staff to progress their careers and achieve their full potential.
  • Manage technology projects in conjunction with technology and product managers to drive business growth.
  • Assist in the development of client RFPs and participate in presentations as required.
  • Ensure compliance with regulatory requirements imposed by stock exchanges and supervisory bodies.
  • Monitor failed trades to identify potential issues and mitigate risk.
  • Support proactive communication strategies to enhance cross-functional collaboration.
  • Work closely with other unit heads to ensure a unified operational mindset.
  • Perform regular staff appraisals and provide ongoing feedback to ensure performance excellence.
  • Develop and maintain procedures, controls, and compliance within the securities processing team.
  • Participate in custody audits, including internal, KPMG, and other external audits.
  • Develop and maintain daily working relationships with ASX, SFE, NZX, and RBNZ.
  • Work closely with market regulators and industry groups to stay up-to-date on industry developments.
  • Identify functionality gaps within existing systems and manage the preparation of requirement documents with full cost-benefit details.
  • Set and achieve departmental goals and objectives in collaboration with the Operations committee.
Qualifications and Experience:
  • Bachelor's degree in Finance or Business Studies, or equivalent.
  • 10 years' experience in the financial services industry, with a strong background in custody and issuer services.
What We Offer:

Citi is an equal opportunity and affirmative action employer. We offer a competitive salary and benefits package, as well as opportunities for professional growth and development.

Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.