Transaction Expense Business Analyst

Opportunity Review: Transaction Expense Business Analyst at Citi

This review offers insights into the Transaction Expense Business Analyst role at Citi, designed to help prospective candidates understand the scope and potential of this career opportunity. Citi, a distinguished global financial institution, is committed to enabling growth and economic progress for its clients. Joining this organization means becoming part of a mission-driven company that values responsibility and client partnership.

Team and Role Overview:

The Business Expense Transparency team operates globally with the primary objective of optimizing transaction expense costs and implementing industry-leading expense management practices. The Transaction Expense Business Analyst will be a key member of this team, specifically contributing to the enhancement and development of Citi's sophisticated Trade Cost Calculator and Analytics platform. This platform is central to providing deep insights into the institution's trading costs and activities, making this role pivotal in driving financial transparency and efficiency.

Key responsibilities include:

• Platform Development & Enhancement: Managing and contributing to the evolution of the VARCITI trade cost analytics platform.
• Cross-Functional Collaboration: Engaging with trading desks, business management, senior stakeholders, and technology teams to understand requirements, promote analytics, and address new needs.
• Data Analysis & Reporting: Producing detailed trade and cost analytics, including volume and product profiling reports, to identify key expense trends and cost drivers.
• Process Ownership: Owning the trading cost fee calculation and volume reconciliation processes across various products.
• Requirements Gathering: Collecting and analyzing requirements for enhancements to increase transparency and accuracy of reporting and metrics.
• Reconciliation: Developing and refining processes for reconciling trade expense analytics with third-party invoices.

Advantages for Candidates:

This role presents a compelling opportunity for professionals looking to:

• Impact Global Operations: Directly influence the optimization of significant financial operations within a leading global financial institution.
• Develop Cutting-Edge Skills: Work with a best-in-class analytics platform, honing skills in financial analysis, data visualization, and software development lifecycle management.
• Career Growth in Finance: Gain invaluable experience in expense management and trading cost transparency, crucial areas within the financial services industry. The role offers exposure to Fixed Income, Commodities, and Equities products, broadening your expertise.
• Strategic Engagement: Regularly interact with senior stakeholders and trading desks, enhancing communication and stakeholder management abilities.
• Work-Life Balance & Benefits: Citi offers a hybrid working model (up to 2 days working from home), a competitive salary, generous holiday allowance, private medical insurance, an Employee Assistance Program, a pension plan, paid parental leave, and various employee discounts.
• Inclusive Environment: Citi is committed to fostering a workplace where every individual feels comfortable and empowered to thrive.

Key Considerations for Candidates:

To excel in this role, candidates should possess:

• Analytical Prowess: Strong analytical, problem-solving, and attention-to-detail skills are paramount.
• Technical Proficiency: Demonstrated experience with SQL is essential. Familiarity with data visualization tools like QlikView or Tableau is highly desirable.
• Financial Domain Knowledge: Previous experience in a financial analysis or technology role within a fast-paced business environment is expected. Knowledge of traded products (Fixed Income, Commodities, Equities) and trade flow processes is a significant advantage.
• Process Improvement Mindset: A track record of identifying inefficiencies and implementing improvements in data or analytical workflows.
• SDLC Understanding: A solid grasp of the software development lifecycle and familiarity with Agile methodologies.
• Communication Skills: Excellent communication skills to effectively engage with diverse stakeholders.
• Educational Background: A Bachelor's degree is required.

This Transaction Expense Business Analyst position at Citi offers a robust platform for career advancement, combining analytical rigor with strategic impact within a globally recognized financial leader. It's an ideal role for those eager to contribute to financial efficiency and transparency while benefiting from a supportive and well-rounded employment package.