Equity Middle Office Analyst / Associate

In brief

**Overview** The Equity Middle Office team at Citi acts as the control hub between Front Office, Operations, Technology, Risk, Compliance and Finance, ensuring the accurate capture, processing, and lifecycle management of equity trading activity. This role is responsible for supporting trading desks, managing trade exceptions, overseeing post-trade processes, mitigating operational risk, and driving process improvements across the equity business. The successful candidate will work closely with traders, sales teams, counterparties, custodians, and support functions to ensure trades are accurately processed, settled, and reported in accordance with internal policies and market regulations. **What you will do** * Provide daily support to Equity Trading and Sales desks. * Validate trade capture and booking accuracy across Cash Equities, OTC Derivatives and Equity Derivatives. * Monitor trade flows and investigate trade capture discrepancies. * Ensure timely resolution of booking issues and trade exceptions. * Perform end-of-day trade validations and control checks. * Manage the full trade lifecycle from execution through settlement. * Monitor trade allocations, confirmations, affirmations, and settlement status. * Investigate and resolve settlement fails with counterparties and custodians. * Support corporate action events and associated trade impacts. * Ensure accurate handling of trade amendments, cancellations, and lifecycle events. * Manage end-to-end reconciliation functions across multiple asset classes and business lines. * Ensure daily completion of cash, securities, nostro, custody, and derivative reconciliations. * Monitor reconciliation exceptions and aging breaks. * Establish and maintain reconciliation procedures and controls. * Identify, escalate, and mitigate operational risks. * Perform daily reconciliations between front-office and downstream systems. * Monitor and investigate position and cash breaks. * Ensure adherence to internal controls, audit requirements, and regulatory standards. * Produce management information and risk reports. * Act as a primary contact for Front Office, Operations, Finance, Compliance, and Technology teams. * Liaise with brokers, custodians, exchanges, and counterparties to resolve trade-related issues. * Communicate operational risks and issues clearly to senior stakeholders. * Identify opportunities to improve processes, controls, and automation. * Participate in strategic projects and system enhancements. * Support regulatory and business change initiatives. * Document and maintain operating procedures. **Requirements (from the original advert)** * Bachelor's degree in Finance, Economics, Accounting, Mathematics, Business, or a related field. * Relevant experience in Equity Middle Office, Trade Support, Operations, or Markets Control functions. * Strong understanding of equity products and market infrastructure. * Knowledge of trade lifecycle processes and settlement procedures. * Proficiency in Microsoft Excel and data analysis tools. * Johannesburg Stock exchange BDA system * Omgeo CTM * Strong understanding of the Johannesburg Stock Exchange JSE market structure, trading environment, settlement cycles, and post-trade processes. * Working knowledge of BDA including trade processing, position management, reconciliation, asset servicing, and exception management. * Strong experience in reconciliations, settlements, trade support, or operations control functions. * Experience investigating and resolving breaks between front-office trading platforms, BDA, and downstream settlement systems. * Flexibility to work rotational shifts due to nature of the roll. * Willingness to support early morning, late evening. * Ability to operate effectively in a high-pressure, time-sensitive trading environment. **Who should apply** This role is suitable for an individual with a Bachelor's degree in a quantitative or business-related field, possessing relevant experience in Equity Middle Office, Trade Support, Operations, or Markets Control functions. The ideal candidate should have a strong understanding of equity products, market infrastructure, trade lifecycle processes, and settlement procedures, particularly within the Johannesburg Stock Exchange environment. Proficiency in Microsoft Excel, data analysis tools, and experience with systems like JSE BDA and Omgeo CTM are essential. They should be adept at reconciliations, settlements, and investigating breaks between trading platforms and settlement systems. The role requires flexibility for rotational shifts, including early morning and late evening, and the ability to thrive in a high-pressure, time-sensitive trading environment. **Deadline** Not specified **Reference** Original posting: https://www.myjobmag.co.za/job/equity-middle-office-analyst-associate-citi Source: myjobmag

Summary drafted with AI assistance from the original advert. The advert itself is the authority — how we use AI.

At a glance

• Microsoft Excel

Extracted automatically from the advert; confirm requirements on the original listing.

Job description

Before you apply

• Confirm the requirements and closing date on the original listing (myjobmag). SPANi lists vacancies from other sites and may not reflect last-minute changes.
• Legitimate employers do not charge application, registration or training fees.
• Don't send your ID or bank details before you have confirmed the employer is real.

How to spot a job scam

Before you apply

• Read the full advert and confirm you meet the minimum requirements before applying.
• Tailor your CV headline and most recent experience to the job title and key skills.
• Note the closing date and reference number, and keep a copy of what you submit.
• Apply only through the employer or job board link — never pay to apply.