Margin and Collateral Operations – Product & Business Development

Are you looking for a career move that will put you at the heart of a global financial institution? Then bring your skills in analysis, problem solving and communication to Citi Belfast.

By Joining Citi, you will become part of a global organisation whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.

Markets Operations represents the evolution and transformation of Operations in the Finance Industry which creates a uniqueness about how we deliver our products and solutions. We take pride and are passionate about our People and our culture. We are invested in you, your experiences, development, and in building a successful career for you  are modernizing everything we do; allowing flexibility and creating an exciting environment which encourages diversity of thought and inclusion.

We are a dynamic, global, and diverse Organization, with a presence in over 60 Countries; covering all post execution Operations teams including product aligned Middle Office groups, Settlements, Margin, Asset Servicing, Listed Derivative, Clearing & Commodities Operations. We support an extensive range of Capital Markets products and services including Fixed Income (FX, Rates, Credit, Muni, Cash and Derivatives) where Citi is consistently a dominant top 3 player in the market, Equity (Cash, Derivatives, Prime Brokerage, Futures, Listed Derivatives, Clearing and Foreign Exchange Prime Brokerage) where Citi has a significant growth program to continue to build out its capabilities and services;

and Syndicates. Margin & Collateral Optimisation within Markets Operations helps mitigate risk and comply with regulatory requirements, whilst delivering best-in-class capabilities in margin and collateral management, inventory management, risk management and collateral efficiency. The team supports global Markets businesses working across products, regions, and divisions, with a broad range of stakeholders. Product & Business Development is a new pillar and growing team within the Margin & Collateral Optimisation group.

The team is responsible for the design and execution of products and services for Margin & Collateral Optimisation, supporting strategic initiatives, objectives and key results. Transformation:
The Margin & Collateral Optimization Program for Markets is a multi-year investment initiative with a clear transformation objective. The successful candidate will play a pivotal role developing products and services in line with the target operating model; driving collaboration across business and functional groups; designing robust processes and implementing new platforms.

• Operate as a senior member of the Product & Business Development team. Operating as a point-person for the group with deep product and/or service subject matter expertise, with knowledge of front-to-back flows, risk and regulations.
• Product Specialist: perform product development and strategy for a specific product line and/or service ensuring consumer expectations are met or exceeded.
• Lead development initiatives: ensuring comprehensive requirements are defined in line with the overall product/service design. Drive testing and delivery.
• Ensure product and/or service developments are well executed: delivered on time and within budget.
• Work effectively with Citi and industry stakeholders: partnering closely with key groups such as Technology, Markets business, Operations, Risk other supporting functional groups and vendors.
• Provides evaluative judgment based on analysis of information in complicated, unique and dynamic situations; draws on diverse range of internal and external sources.
• Demonstrate deep knowledge of margin and/or collateral optimisation.

• BA/BS degree preferred.
• Significant experience in the following: margin and collateral, with a strong appreciation of margin regulations, securities products, practices and risks, and/or product/service design, execution and delivery of change projects. Preferably at large financial services firm.
• Strong communicator who is articulate and concise demonstrated…