Equities Prime Finance In Business Risk Structurer, Assistant Vice President or Vice President

Job Purpose:

• Individual will be responsible for supporting the counter party and platform risk management of Citi’s cash and synthetic Prime Brokerage and Equity Delta One business lines:

  • Solutions-oriented client engagement through-out the lifecycle of a client.

  • First line of defense in risk managing credit risk and monitoring platform exposure.

  • Generation of key risk analytics and development of new tools to support insights and emerging risk trends.

  • Understanding market and credit risks within Prime products and effectively communicating to senior management and control functions.

  • Evolving the risk framework and other risk governance items to ensure a proper control environment and strategic platform development.

  • Support senior I  team members in responses to Regulatory inquiries and periodic requests.

  • Key in-business coverage for emerging counter party risk events and crisis management.

Job Background / Context:

• Global platform includes Prime Brokerage and Swap offerings across US and international broker dealer and bank chain entities.

• Client portfolios comprise of a broad range of asset classes and investment strategies. Typical product scope includes:

  • Asset classes: equities (incl ETFs, custom baskets, OTC); fixed income corporates and converts; listed options.

  • Strategies:
    Equity Long/Short;
    Quant;
    Multi-Strat;
    Event;
    Macro;
    Credit opportunity; etc.

  • Hedge Fund and Real Money counter parties.

Key Responsibilities:

• Daily management of client portfolio exposures and counter party-related risk issues.

• Support of operational risk and platform trade processing associated with client counter party risks.

• Participation in prospective client pitches and term negotiations, modeling commercial risk terms and constructing incentives to support strategic, risk‑efficient returns growth through ongoing client dialogue.

• High level of engagement with Sales, Trading and other members of the business as it relates to client management and ongoing business initiatives.

• Thoughtful and complete analysis and communication of risk concerns both internally within the business and among control function partners.

• Identifying and escalating emerging risks – credit, market, operational or legal – to senior management and Global Prime Finance I  Head. Continuously assessing and adapting to new products and market stress events and proactively proposing risk solutions.

• Facilitating new client trades and managing existing portfolio exposures to ensure that risks, primarily market‑driven counter party risk, but also documentation, legal and reputational risks are well‑controlled.

• Work closely with Credit risk management on the onboarding of new clients, implementation of margin methodology, as well as maintaining ongoing dialogue and promptly escalating issues with existing clients.

• Develop strategic risk solutions, analytics and platform enhancements to help advance Citi’s competitive advantage.

• Maintain a positive culture within the NAM I  team by cultivating a productive and collaborative work environment.

• Ensure full compliance with In-Business Risk Procedures manual and other Prime Finance policies.

Knowledge/

Experience:

• Front office risk management or experience in a secured financing role.

• Knowledge of relevant Prime financing platforms, asset types, market structure and client investment strategies.

• Experience with data infrastructure transformation, financial engineering and/or quantitative expertise in risk modeling/data analytics.

• Experience with risk decision-making authority carrying direct economic impact.

Skills:

• Strong analytical skills, attention to detail, demonstrated aptitude for tackling analytical issues through quantitative modelling and assimilation of data into a working product

• Ability to work well with…