NAM Futures and Derivatives Clearing Product Manager, Prime Services, Director or Vice President
Citi · New York, NY · 3 mo ago
On-siteMarketing$200k–$300k/yrFull-time
This expert-level role reports directly to the Americas Head of Product and is responsible for driving revenue, ensuring state-of-the-art clearing platforms, and maximizing risk management through direct technical and strategic contributions.
Responsibilities
- Independently drive strategic analysis and interpretation of FDC revenues, financing expenses, and other key business metrics to identify and pursue significant revenue-enhancement opportunities.
- Assess complex trends in profitability and returns, contributing to the crafting and execution of comprehensive growth plans with senior sales and FDC leadership.
- Provide expert insights and recommendations for managing high-level business metrics and optimizing the overall revenue mix across broad segments.
- Initiate, plan, and directly contribute to the prioritization of strategic enhancements to platform capabilities to open new opportunities and improve business efficiency.
- Drive innovation through direct technical and strategic input to address emerging client demand and industry trends, enhancing profitability and strengthening risk and controls.
- Lead the scoping and definition of complex, cross-functional requirements for functionality enhancements, collaborating with technology and operations teams.
- Serve as a primary subject matter expert and strategic advisor to key stakeholders (legal, compliance, risk) on solution design, delivery, and strategic impact.
- Provide expert thought leadership on complex regulatory and industry changes impacting the business and clients, focusing on global regulations affecting clearing activities.
- Proactively shape business direction and strategy through direct analysis and recommendations to address anticipated regulatory developments.
- Act as a trusted advisor to key clients and internal stakeholders, interpreting and communicating the strategic implications of regulatory changes.
- Establish and champion a culture of vigilance over business processes to ensure regulatory compliance and robust operational control across the platform.
- Provide expert oversight and guidance to operations and technology partners to ensure correct execution of critical regulatory functions.
- Proactively analyze and control systemic business risk around significant events (expiries, roll periods, settlements) with a focus on enterprise-wide impact.
- Lead coordination and provide expert input to senior in-business Risk and credit teams on complex client activity, driving policy and strategic decisions.
- Assess risk in business decisions, demonstrating consideration for Citi’s reputation and safeguarding its clients and assets by adhering to applicable laws, rules, and regulations.
Requirements
- 15+ years of progressive experience in prime brokerage or futures and clearing, with a proven track record of driving significant, cross-functional initiatives and achieving measurable revenue growth or strategic impact.
- Strong intellectual curiosity, advanced analytical, and conceptual thinking; ability to independently leverage analytical tools and complex data to develop strategic insights and forecast market trends.
- Extensive experience in optimizing business Profit & Loss and financial resource metrics, with a deep focus on capital requirements, regulatory capital, and advanced financial accounting principles.
- Proven track record of driving complex programs of work and delivering positive business outcomes through direct and indirect leadership across commercial, operational, and technical teams.
- Established and influential client relationships, with a history of independently developing and executing solutions for complex client needs.
- Expert knowledge of client strategies, market dynamics, and key areas of focus for high-value clients.
- Demonstrated ability to influence and drive strategic partnerships across the business, including Quantitative analysts and Risk functions, to develop and implement product capabilities.
- Extensive experience in strategically planning, driving, and delivering large-scale, complex programs and initiatives in conjunction with technology and operations.
- 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 through expert analysis and recommendation.
- Proven expertise in comprehensively assessing, mitigating, and controlling operational, market, and credit risk across complex financial products and systems.
- Superior communication, negotiation, and interpersonal skills, with a demonstrated ability to influence senior stakeholders and articulate complex concepts clearly in a fast-paced environment.
Qualifications
- Bachelor’s degree or equivalent experience; Master’s degree preferred.
- Series 3 license required (SIE, Series 7, and Series 63 preferred); successful candidate must obtain Series 3 within 120 days of hire.
Pay
$200,000.00 - $300,000.00 annual salary. In addition to salary, eligible employees may receive discretionary and formulaic incentive and retention awards.
Benefits
- Medical, dental, and vision coverage.
- 401(k) retirement plan.
- Life, accident, and disability insurance.
- Wellness programs.
- Paid time off, including vacation, sick leave, and holidays.
Schedule
Full time.
Primary location: New York, New York, United States.