Director - Equities Prime Finance, In-Business Risk, Citi

Citi

Location:
United States, New York

Category:
Finance

Contract Type:
Employment contract

Salary:

200000.00 - 300000.00 USD / Year

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Job Description:

The role involves managing client portfolio exposures, counterparty-related risk issues, negotiating client risk terms, and developing strategic risk solutions for Citi’s global Prime Finance business. You will act as the first line of defense in risk management, collaborate with other teams, engage with regulators, and lead a culture of compliance and strategic platform development.

Job Responsibility:

Daily management of client portfolio exposures and senior escalation contact for counterparty-related risk issues
participation in prospective client pitches and term negotiations, negotiating 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
senior-level risk sign-off responsibility within the NAM-based Prime Finance IBR team
thoughtful and complete analysis and communication of risk concerns both internally within the business and among control function partners as well as effective delivery of Citi’s view externally to clients and regulators
identifying and escalating emerging risks – credit, market, operational or legal – to senior management and Global Prime Finance IBR Head
facilitating new client trades and managing existing portfolio exposures to ensure that risks, primarily market-driven counterparty risk, but also documentation, legal and reputational risks are well-controlled
work closely with Credit risk management on the onboarding of new clients, sizing appropriate limits, and implementing flexible, dynamic margin methodology, as well as maintaining ongoing dialogue and promptly escalating issues with existing clients
develop strategic risk solutions and platform enhancements to help advance Citi’s competitive advantage
active participation in managing the budget and strategic prioritization of Prime's IT book of work
maintain a positive culture within the NAM IBR team by cultivating a productive and collaborative work environment as well as advising and helping to grow junior talent
ensure full compliance with In-Business Risk Procedures manual and other Prime Finance policies.

Requirements:

Front office risk management or experience in a secured financing role
subject matter expertise with relevant Prime financing platforms, asset types and client investment strategies
thorough understanding of PB client documentation and experience with negotiating term agreements
familiarity with large-scale project management and product development within the Prime Services space, preferably related to data infrastructure and/or risk modelling
previous experience engaging with Regulators on risk management-related issues preferred
experience with risk decision-making authority carrying direct economic impact
previous client-facing experience with hedge funds.

Nice to have:

Programming language(s)
Masters in Mathematics, Science or Finance/Economics or CFA designation
experience leading analytical teams
previous experience engaging with Regulators on risk management-related issues preferred.

What we offer:

Medical, dental & vision coverage
401(k)
life, accident & disability insurance
wellness programs
planned time off (vacation)
unplanned time off (sick leave)
paid holidays.

Additional Information:

Job Posted:
June 14, 2025

Expiration:
June 18, 2025

Employment Type:

Fulltime

Work Type:

On-site work

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Director - Equities Prime Finance, In-Business Risk