Assistant Vice President Prime Brokerage Settlement Manager

Citi is looking for an experienced Prime Brokerage Settlement Manager to join its Markets Operations team in Hong Kong, playing a key role in the clearance, settlement, and investigation of client securities and derivatives transactions. In this position, you will act as a subject matter expert within a high-volume back-office environment, delivering operational excellence across prime brokerage settlement activities that directly support trading desks and institutional clients. This is an opportunity to take on meaningful ownership within a globally connected team, contributing to the integrity and efficiency of Citi's securities processing operations. Responsibilities ---------------- * Manage end-to-end prime brokerage settlement processes, ensuring the timely and accurate clearance of client securities and derivatives transactions across APAC markets. * Resolve complex settlement and securities processing issues by applying in-depth knowledge of industry standards and operational procedures. * Coordinate and oversee evening shift operations supporting later APAC markets, including India and China, and manage end-of-day tasks in a supervisory capacity. * Execute a range of hedge fund operations, including net asset value calculation, cash and holdings reconciliation, securities pricing, and the preparation of unaudited financial statements. * Lead the onboarding and set-up of new hedge funds, serving as the procedural and analytical expert for the securities processing team. * Provide day-to-day guidance to junior team members, supporting their development and ensuring consistent delivery standards across the team. * Identify and implement process improvements to streamline securities processing and hedge fund administration activities, contributing to operational efficiency gains. * Monitor and escalate control issues with transparency, ensuring all activities comply with applicable regulations, firm policies, and risk management standards. Required Qualifications & Skills -------------------------------- * 10 or more years of relevant experience in securities operations, prime brokerage settlement, or a related back-office financial services function. * Demonstrated ability to communicate clearly and concisely in both written and verbal formats, including when engaging with stakeholders across functions and seniority levels. * Experience leading or supervising medium to large teams within high-volume, fast-paced operational environments. * Bachelor's degree or university-level qualification, or equivalent professional experience. * Ability to cover rotational shifts, including morning shifts and holiday periods, as required by the business. Beneficial Skills & Qualifications ---------------------------------- * Formal qualification or applied experience in Project Management, supporting process redesign or operational improvement initiatives. * Background in Data Analytics, with the ability to interpret and present operational data to drive informed decision-making. * Familiarity with hedge fund administration, including NAV calculation, investor allocations, and expense budget analysis. What We Offer ------------- Joining Citi's Markets Operations team in Hong Kong means working at the centre of a global financial institution, where your expertise in securities settlement will have direct impact on the quality and reliability of services delivered to institutional clients. You will operate within a collaborative, performance-driven environment that values professional development and long-term career progression. * Hybrid working arrangement, with 3 days in the office and 2 days working remotely each week. * Exposure to complex, multi-asset prime brokerage operations across major APAC markets, broadening your functional expertise and market knowledge. * Opportunity to take on supervisory responsibilities and develop your leadership capability within a structured, global operations function. * Access to Citi's global learning and development resources, supporting ongoing professional growth and career advancement. * Competitive compensation and a comprehensive benefits package aligned to Citi's standards for mid-to-senior level professionals in Hong Kong. * Wellbeing and financial support programmes designed to help you maintain balance across your professional and personal commitments. Apply now to bring your securities operations expertise to a high-impact role at the heart of Citi's APAC prime brokerage business. \------------------------------------------------------ **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._