**Job Description** As the Treasury Operations Manager - Fixed Income & Money Market, you will be the operational backbone of our treasury desk. Your expertise will ensure that every trade-from government securities to short-term money market instruments-is executed, settled, and reconciled flawlessly. You will safeguard operational integrity, enhance process efficiency, and enable our traders and portfolio managers to focus on market opportunities with confidence **Responsibilities:** **Mandatory Requirements:** + End-to-end settlement process for Fixed Income (G-Secs, corporate bonds, T-Bills) and Money Market instruments (CPs, CDs, call/notice money, repos). + Verify, authorize, and release high-value transactions in compliance with RBI guidelines and internal risk controls. + Coordinate with counterparties, custodians, clearing corporations, and internal teams to ensure timely trade confirmations and settlements. + Monitor and resolve trade exceptions, breaks, and discrepancies through proactive follow-ups. + Ensure accurate accounting entries, reconciliations, and regulatory reporting for all treasury transactions. + Stay updated on market regulations, settlement cycles, and compliance requirements impacting treasury operations. + Ensure accurate valuation of fixed income securities (G-Secs, SDLs, corporate bonds) using market-based and model-based approaches, in line with RBI and accounting standards. + Good understanding on transactions processing of Primary & Secondary market corporate bond, CP & CD. + Hands-on experience with market applications like NDS, CROMS, E-KUBER, CBRICS & FTrac. + Manage operational aspects of Primary Dealership activities-auction participation, underwriting commitments, and secondary market trades. + Prepare and review regulatory reports (ORFS, SGL, RBI returns) with zero tolerance for errors. + Coordinate with front office, risk,



compliance, and custodians to ensure smooth trade lifecycle management. + Stay updated on RBI circulars, market developments, and valuation methodologies to ensure compliance and best practices. **Good-to-Have Requirements:** + Implement process improvements to enhance efficiency, reduce operational risk, and strengthen internal controls. + Drive process improvements and automation initiatives to enhance operational efficiency and reduce risk. + Manage daily cash flow, liquidity positions, and collateral requirements to support trading activities. + Preparation of all related Regulatory submissions to RBI inclusive of Primary Dealership reports and Standard monthly, Quarterly as well as Yearly reports like PDR II, Risk Based Supervision, etc. **Qualifications:** + Bachelor's degree in finance, Economics, Business Administration, or a related field. + Master's degree or relevant qualified certifications (e.g., CA, FRM, CFA) preferred. **What You'll Bring** + 8-12 years of experience in Treasury Operations with a strong focus on fixed income and money market instruments. + In-depth knowledge of valuation techniques for fixed income securities, including yield curve construction, duration/convexity analysis, and mark-to-market processes. + Hands-on experience in Primary Dealership operations, including auction bidding, underwriting, and settlement. + Strong understanding of RBI regulations, SGL/CSGL processes, and clearing systems.



+ Proficiency in treasury management systems and advanced Excel skills. + Exceptional attention to detail, problem-solving skills, and the ability to work under tight deadlines. + A collaborative mindset with the ability to work effectively across teams. ------------------------------------------------------ **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._ Citi is an equal opportunity and affirmative action employer. Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.

📌 Securities & Derivatives Intmd Analyst Market Ops (Mumbai)
🏢 Citigroup
📍 Mumbai