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Citi · 1 week ago

Director, Financing and Clearing Platform Principal - Prime Product Development (Margin & Cross-Product Margining Focus)

New York New York United States

Full-time

Hybrid

Director/Executive

$200K/yr - $300K/yr

15+ years exp

Citi is a leading global bank, and they are seeking a Director for their Financing and Clearing Platform. This expert-level professional will drive revenue generation and innovation in Prime Product Development, focusing on margin and cross-product margining while ensuring compliance with regulatory standards.

BankingFinanceFinancial Services

H1B Sponsor Likely

Responsibilities

Independently drives the strategic analysis and interpretation of trading revenues, financing expenses, and other key business metrics to identify and proactively pursue significant opportunities for revenue enhancement. This includes a deep understanding of how margin methodologies and cross-product margining efficiencies impact P&L. Expertly assesses complex trends in profitability and returns, and directly contributes to crafting and executing comprehensive growth plans in conjunction with senior sales and trading leadership. Accountable for providing expert insights and recommendations for managing high-level business metrics and optimizing the overall revenue mix across broad segments

Independently initiates, plans, and directly contributes to the prioritization of significant, strategic enhancements to platform capabilities that will open new trading opportunities and drastically improve efficiency across the business. Drives innovations through direct technical and strategic input to address emerging client demand and significant industry trends, directly enhancing business profitability, and strengthening the overall risk and controls framework and regulatory compliance posture. A key focus will be on leading the development and enhancement of margin calculation engines, collateral optimization tools, and robust cross-product margining functionalities. Leads the scoping and definition of complex, cross-functional requirements for functionality enhancements, and collaborates closely with large teams across technology and operations to deliver these. Serves as a primary subject matter expert and strategic advisor to all key stakeholders (legal, compliance, risk, etc.) on solution design, delivery, and strategic impact, particularly regarding margin and collateral management solutions

Provides expert thought leadership and guidance on complex regulatory and industry changes that critically impact the business and clients, with a deep focus on global regulations affecting trading activities. This includes expert knowledge of regulations pertaining to margining (e.g., UMR, Dodd-Frank, EMIR) and their impact on client solutions and platform architecture. Proactively shapes business direction and strategy through direct analysis and recommendations to address material and anticipated developments. Acts as a primary, trusted advisor and subject matter expert to key clients and internal stakeholders, interpreting and communicating the strategic implications of regulatory changes

Independently establishes and champions a culture of vigilance over business processes to ensure uncompromising regulatory perfection and robust operational control across the platform. This includes providing expert oversight and guidance to operations and technology partners to guarantee the correct execution of critical regulatory functions, and proactively analyzes and controls systemic business risk around significant events (expiries, roll periods, settlements etc.) with a focus on enterprise-wide impact. Specifically, this role involves designing and implementing robust risk controls for margin calls, collateral movements, and exposure management within a cross-product margining framework. Leads coordination and provides expert input to senior in-business Risk and credit teams on complex client activity, driving policy and strategic decisions through individual contribution

Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards

Qualification

Margin methodologiesCross-product marginingRegulatory expertiseRisk managementAnalytical thinkingProfit & Loss acumenClient relationship managementProgram managementCommunication skillsInterpersonal skills

Required

15+ years of progressive experience in prime brokerage or futures and clearing, with a proven track record of directly contributing to and expertly driving significant, cross-functional initiatives and achieving substantial, measurable revenue growth or strategic impact

Deep expertise in developing, implementing, and managing margin and cross-product margining solutions

Strong intellectual curiosity, advanced analytical, and conceptual thinking

Proven ability to independently leverage analytical tools and complex data to develop strategic insights, forecast market trends, and drive critical business decisions, particularly in the context of margin calculations, risk analytics, and collateral optimization strategies

Extensive experience in directly optimizing business Profit & Loss and financial resource metrics, with a deep focus on optimizing trading-related metrics

Comprehensive understanding of how margin requirements and cross-product netting affect capital consumption, funding costs, and overall profitability

Comprehensive understanding of capital requirements, regulatory capital, and advanced financial accounting principles, applied through direct contribution

Established and influential client relationships, with a history of independently developing and executing solutions for complex client needs

Expert knowledge of client trading strategies, market dynamics, and key areas of focus for high-value clients, with a specific emphasis on client needs related to margin efficiency and multi-asset collateral management

Demonstrated ability to influence and drive strategic partnerships across the trading floor, including with trading desks, Quantitative analysts, and Risk functions

Extensive experience in strategically planning, directly driving, and expertly delivering large-scale, complex programs and initiatives in conjunction with technology and operations

Proven ability to lead complex technology projects related to margin platforms and cross-product margining

In-depth knowledge of current and emerging regulatory and industry requirements associated with financing and clearing product sets

Expertise in global margin regulations (e.g., UMR, BCBS-IOSCO framework) and their practical application to prime brokerage and clearing businesses

Proven expertise in comprehensively assessing, mitigating, and controlling operational, market, and credit risk across complex financial products and systems

Demonstrated expertise in managing margin-related risks, including counterparty credit risk, collateral adequacy, and stress testing within a multi-asset, cross-product margining environment

Superior communication, negotiation, and interpersonal skills, with a demonstrated ability to influence senior stakeholders, and articulate complex concepts clearly and persuasively in a fast-paced environment

Bachelor's degree/University degree or equivalent experience

Preferred

Master's degree preferred

Benefits

Medical, dental & vision coverage

401(k)

Life, accident, and disability insurance

Wellness programs

Paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays

Company

Citi

Glassdoor3.8

Citi's mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.

Founded in 1812

San Antonio, Texas, USA

10001+ employees

https://www.citi.com

H1B Sponsorship

Citi has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

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Trends of Total Sponsorships

2025 (1386)

2024 (849)

2023 (1375)

2022 (1117)

2021 (876)

2020 (901)