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Citi · 4 days ago

Director, NAM Product Development Synthetics

New York New York United States

Full-time

Onsite

Lead/Staff

$200K/yr - $300K/yr

Citi is a global financial services company, and they are seeking a Director for NAM Product Development in Synthetics. The role involves driving strategic analysis to enhance trading revenues, leading product lifecycle management for Synthetic Prime Finance products, and providing regulatory thought leadership while ensuring robust risk management practices.

BankingFinanceFinancial Services

H1B Sponsor Likely

Responsibilities

Drive strategic analysis and interpretation of trading revenues, financing expenses, and key business metrics to identify and pursue opportunities for revenue enhancement and optimize profitability

Contribute to crafting and executing comprehensive growth plans in conjunction with senior sales and trading leadership

Collaborate with the team to lead the strategic evolution, enhancement, and end-to-end product lifecycle of Synthetic Prime Finance products and infrastructure

Initiate and prioritize strategic platform enhancements to open new trading opportunities, improve efficiency, and address emerging client demand, thereby enhancing profitability and strengthening risk frameworks

Translate strategic vision into actionable business requirements (BRDs) and project plans, leading global initiatives with a focus on client needs and market trends

Foster cross-functional synergy with sales, business managers, and technology teams to align product strategy and integrate innovative solutions

Manage the product book of work, ensuring efficient delivery, resource allocation, and strategic prioritization

Champion client-centric innovation by gathering feedback, communicating development plans, and acting as a subject matter expert and strategic advisor to stakeholders (legal, compliance, risk, etc.)

Provide expert thought leadership on complex regulatory and industry changes, proactively shaping business strategy and acting as a trusted advisor to clients and stakeholders on strategic implications

Establish and champion a culture of robust risk and control, ensuring uncompromising regulatory perfection and operational control across the platform

Provide expert oversight and guidance to operations and technology partners, analyze and control systemic business risk, and drive policy decisions with in-business Risk and credit teams

Appropriately assess and manage risk in all business decisions, safeguarding the firm's reputation, ensuring compliance with laws and policies, and applying sound ethical judgment. Effectively supervise activity, create accountability, and escalate/report control issues transparently

Qualification

Prime brokerage experienceSynthetic products knowledgeProfit & Loss optimizationRegulatory expertiseRisk managementAnalytical thinkingClient relationship managementProgram managementCross-functional influenceCommunication skillsNegotiation skillsInterpersonal skills

Required

Extensive experience in prime brokerage or futures and clearing, with a deep understanding of synthetic products such as portfolio swaps, hedge fund strategies across asset classes (equities, fixed income, derivatives), and market structure

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

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

Demonstrated ability to influence and drive strategic partnerships across the trading floor, including with trading desks, Quantitative analysts, and Risk functions, leveraging deep subject matter expertise to develop and implement product capabilities that deliver significant business growth, optimize risk, and enhance overall platform performance

Extensive experience in strategically planning, directly driving, and expertly delivering large-scale, complex programs and initiatives in conjunction with technology and operations, demonstrating strong program management and execution skills through individual contribution

In-depth knowledge of current and emerging regulatory and industry requirements associated with financing and clearing product sets. Ability to anticipate future regulatory impacts and strategically position the business accordingly through expert analysis and recommendation

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

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)