CrawlJobs Logo
Citi Logo Citi · Finance

Product Manager - Prime Product & Margin

United Kingdom, London Employment contract · Job Posted July 03, 2026
Apply Position
Job Link Share

Job Description

Citi's Markets division is one of the world's leading providers of financial products and services across fixed income, equities, currencies, commodities, and prime finance. Within Markets, Prime Finance serves as a critical infrastructure for hedge funds and institutional clients, delivering financing, securities lending, margin, and portfolio solutions across a broad range of asset classes. The business operates at the intersection of client service, risk management, and technology, and plays a central role in Citi's global Markets franchise. This is a Director-level opportunity within Citi's Prime Finance business, focused on Cross Product Margin (CPM) — a strategically important and technically complex area that sits at the heart of how the firm manages margin efficiency across asset classes for its institutional client base. The successful candidate will lead the product management function for CPM, driving the design, development, and delivery of cross-asset margin frameworks and the technology platforms that underpin them. This is a high-visibility role with direct exposure to senior business, technology, and risk stakeholders, and offers the opportunity to shape a capability that is increasingly central to competitive differentiation in prime brokerage.

Job Responsibility

  • Lead the end-to-end product lifecycle for Cross Product Margin capabilities within Prime Finance, translating complex margin methodologies — including scenario-based, VaR, and Expected Shortfall frameworks — into scalable, well-defined product requirements for technology delivery
  • Define and drive the strategic roadmap for CPM infrastructure, working across execution, clearing, and margin technology to converge platforms into a cohesive, globally consistent architecture
  • Act as the primary subject matter expert on cross-asset margin frameworks, including portfolio-level offsets, concentration add-ons, liquidity haircuts, and regulatory overlays across equities, fixed income, FX, futures, and cleared derivatives
  • Partner with Trading, Risk, Operations, Legal, and Compliance to ensure margin product design meets both commercial objectives and regulatory requirements, including FINRA Rule 4210, Regulation T, ISDA/CSA mechanics, and evolving central clearing mandates
  • Engage directly with institutional clients and internal stakeholders to identify margin optimisation opportunities, articulate product capabilities, and support the development of client-facing margin tools and reporting
  • Drive governance and prioritisation across a portfolio of cross-functional technology programmes, ensuring delivery against agreed timelines and commercial outcomes in a complex, multi-stakeholder environment

Requirements

  • Significant experience in a product management, business analysis, or senior operational role within Prime Brokerage, Prime Finance, or a closely related area at a global financial institution or broker-dealer — typically 10 or more years
  • Deep technical knowledge of margin frameworks across multiple asset classes, including familiarity with SPAN, TIMS, VaR, and Expected Shortfall methodologies, as well as cross-margining structures and portfolio margin concepts
  • Strong understanding of the regulatory landscape relevant to prime finance and margin, including Regulation T, FINRA Rule 4210, SEC 15c3-1/15c3-3, and ISDA/CSA collateral mechanics
  • awareness of central clearing developments is highly advantageous
  • Demonstrated ability to translate complex, technical concepts into clear product requirements and to influence and align senior stakeholders across business, technology, risk, and compliance functions
  • Cross-asset product knowledge spanning equities (cash and synthetic), fixed income, FX, futures, and cleared swaps, with an understanding of how margin interacts with financing, securities lending, and client portfolio structures
  • Strong academic background, typically a degree in a quantitative, financial, or technical discipline
  • a postgraduate qualification or CFA charterholder status would be advantageous but is not essential

Nice to have

  • Postgraduate qualification or CFA charterholder status
  • Awareness of central clearing developments
Citi - All Job Offers

Looking for more opportunities?

Search for other job offers that match your skills and interests.

Suggested Tags: Frontend Developer Secretary Talent Manager Salesforce Administrator Data Analyst
Similar Jobs for

Product Manager - Prime Product & Margin

8 matching positions

Product Manager, Prime Product and Margin, Director

Citi's Markets division is one of the world's leading providers of financial pro...
Location
Location
United States , New York
Salary
Salary:
200000.00 - 300000.00 USD / Year
https://www.citi.com/ Logo
Citi
Expiration Date
Until further notice
Flip Icon
Requirements
Requirements
  • Significant experience in a product management, business analysis, or senior operational role within Prime Brokerage, Prime Finance, or a closely related area at a global financial institution or broker-dealer — typically 10 or more years
  • Deep technical knowledge of margin frameworks across multiple asset classes, including familiarity with SPAN, TIMS, VaR, and Expected Shortfall methodologies, as well as cross-margining structures and portfolio margin concepts
  • Strong understanding of the regulatory landscape relevant to prime finance and margin, including Regulation T, FINRA Rule 4210, SEC 15c3-1/15c3-3, and ISDA/CSA collateral mechanics
  • awareness of central clearing developments is highly advantageous
  • Demonstrated ability to translate complex, technical concepts into clear product requirements and to influence and align senior stakeholders across business, technology, risk, and compliance functions
  • Cross-asset product knowledge spanning equities (cash and synthetic), fixed income, FX, futures, and cleared swaps, with an understanding of how margin interacts with financing, securities lending, and client portfolio structures
  • Strong academic background, typically a degree in a quantitative, financial, or technical discipline
  • a postgraduate qualification or CFA charterholder status would be advantageous but is not essential
Job Responsibility
Job Responsibility
  • Lead the end-to-end product lifecycle for Cross Product Margin capabilities within Prime Finance, translating complex margin methodologies — including scenario-based, VaR, and Expected Shortfall frameworks — into scalable, well-defined product requirements for technology delivery
  • Define and drive the strategic roadmap for CPM infrastructure, working across execution, clearing, and margin technology to converge platforms into a cohesive, globally consistent architecture
  • Act as the primary subject matter expert on cross-asset margin frameworks, including portfolio-level offsets, concentration add-ons, liquidity haircuts, and regulatory overlays across equities, fixed income, FX, futures, and cleared derivatives
  • Partner with Trading, Risk, Operations, Legal, and Compliance to ensure margin product design meets both commercial objectives and regulatory requirements, including FINRA Rule 4210, Regulation T, ISDA/CSA mechanics, and evolving central clearing mandates
  • Engage directly with institutional clients and internal stakeholders to identify margin optimisation opportunities, articulate product capabilities, and support the development of client-facing margin tools and reporting
  • Drive governance and prioritisation across a portfolio of cross-functional technology programmes, ensuring delivery against agreed timelines and commercial outcomes in a complex, multi-stakeholder environment
What we offer
What we offer
  • 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
  • Fulltime
Read More
Arrow Right

Prime Account Manager - Futures and Derivatives Clearing

The Account Manager within Equities Prime Services is responsible for ensuring b...
Location
Location
Singapore , Singapore
Salary
Salary:
Not provided
https://www.citi.com/ Logo
Citi
Expiration Date
Until further notice
Flip Icon
Requirements
Requirements
  • Around 7-10 years of relevant experience
  • Prior experience in one or more of Futures, OTC Clearing and FXPB
  • A good cross product knowledge covering, equities, fixed income, FX, Derivatives, Electronic Trading and Swaps
  • A strong understanding of the regulatory, risk and control environment impacting the business
  • A good understanding of global markets, including Market Regulations, Investment Limitations and Operational/Settlement Procedures
  • A knowledge with IT infrastructure supporting financing products
  • Proven analytical and organization skills
  • Bachelor's degree/University degree or equivalent experience
  • Self-motivated with strong organizational skills
  • Excellent written and verbal communication skills
Job Responsibility
Job Responsibility
  • Know Your Client – Structure, Strategies, and Service needs
  • Accountable for client profitability
  • revenue growth and ensure adherence with Service Level Agreements
  • Accountable for day-to-day service and client satisfaction, including risk management and timely escalation
  • Perform regular client reviews to determine overall client satisfaction and coordinate the response to client concerns
  • Drive continuous enhancement of Citi products and services across Futures and Prime Franchise
  • Understanding the client wallet, driving organic growth and the identification and execution of cross sell opportunities including Equities Prime brokerage and Electronic Execution business
  • Work in close partnership with control functions such as Legal, Compliance, Market and Credit Risk, Audit, Finance to ensure appropriate governance and control infrastructure for Futures Clearing Product
  • Build a culture of responsible finance, good governance and supervision, expense discipline and ethics
  • Manage overall liquidity of the business e.g., effective margin management across CCPs, manage investments and reduce overall business borrowing needs
  • Fulltime
Read More
Arrow Right

APAC Prime Finance and FDC (Futures & Derivatives Clearing) Risk Manager

Citi is seeking a senior In-Business Risk (IBR) professional to join the APAC Eq...
Location
Location
Hong Kong , Hong Kong
Salary
Salary:
Not provided
https://www.citi.com/ Logo
Citi
Expiration Date
Until further notice
Flip Icon
Requirements
Requirements
  • Extensive front-office risk management experience (1LoD) in an institutional setting
  • 15+ years in financial services preferred, with experience leading analytical teams preferred
  • Subject matter expertise in Prime Brokerage and FXPB platforms, including cash and synthetic prime, equity delta one, and secured financing structures
  • Ability to work well with cross-functional teams from Product, Sales, Credit, Risk, Technology, Operations, Legal and Compliance
  • Working knowledge of Cash Equities, Futures, OTC Clearing, and QIS, including systematic and factor-based investment approaches
  • Experience with Prime Brokerage and Listed derivatives client documentation (PBAs, ISDAs, CSAs, Clearing Agreements, Market specific clearing agreements) and negotiating term agreements
  • Previous client-facing experience with hedge funds and institutional counterparties, including APAC-based clients
  • Experience engaging with regulators (e.g., MAS, SFC, HKMA) on risk management-related issues preferred
  • Exceptional analytical and quantitative modelling skills with strong attention to detail
  • Scenario stress testing acumen
Job Responsibility
Job Responsibility
  • Oversee daily client portfolio exposures to ensure risks are controlled, optimally sized, and within approved limits
  • Serve as a senior escalation point for counterparty risk events, emerging credit concerns, and crisis management across all covered business lines
  • Facilitate new client trades and manage existing portfolio exposures, ensuring market-driven counterparty risk, documentation, legal, and reputational risks are well-controlled
  • Interface directly with clients to help Citi grow the platform
  • participate in client pitches, term negotiations, and ongoing dialogue to support risk-efficient returns growth
  • Work closely with Sales and Client Onboarding teams to ensure appropriate risk frameworks are in place from inception
  • Perform trade and portfolio risk analysis incorporating scenario stress testing, sensitivity analysis (Greeks, VaR, liquidation costs), and margin adequacy assessments
  • Formulate views on product risk appetite
  • review and challenge business stakeholder requests with a balanced risk-reward perspective
  • Establish and maintain limit structures and governance processes to ensure clients operate within approved risk parameters
  • Fulltime
Read More
Arrow Right

Equities Prime Services, Officer

Job Overview: Business Overview: Citi's global Prime franchise is establishing a...
Location
Location
India , Mumbai
Salary
Salary:
Not provided
https://www.citi.com/ Logo
Citi
Expiration Date
Until further notice
Flip Icon
Requirements
Requirements
  • Bachelor's or Master's degree (Master's preferred) in a quantitative discipline — Computer Science, Mathematics, Statistics, Financial Engineering, Economics, or a related field
  • Graduates from top-tier engineering institutions (IITs and similar) are strongly encouraged to apply
  • CFA certification is a plus for finance-focused roles
  • 1-2 years of experience in financial services, Prime Brokerage, Futures & Derivatives Clearing, Equities, Fixed Income, quantitative trading, or financial resource management
  • Demonstrated experience in one or more of the following: front office risk management, quantitative analysis, data science, financial resource management, or trading desk strategy
  • Prior exposure to hedge fund strategies, counterparty risk, or Prime Brokerage platforms is advantageous
  • Experience engaging with regulators, credit risk teams, or cross-functional stakeholders in a global investment bank is preferred for senior roles
  • Financial Systems: Knowledge of Bloomberg, booking systems, and P&L systems
  • Markets Knowledge: Solid understanding of global financial markets, trading products, and their associated risks
  • familiarity with equities, fixed income, and derivatives
Job Responsibility
Job Responsibility
  • First line of defense function mitigating risks introduced by counterparties across Futures, Prime Brokerage, and Equity Delta One business lines
  • Design, develop, and maintain advanced quantitative models, algorithms, and analytical tools to support trading desks and senior management decision-making
  • Monitor and strategically manage key regulatory metrics including RWA, GSIB scores, NSFR, and LCR
  • advise trading desks on capital and liquidity implications
  • Build and enhance the Prime Intelligence platform — delivering P&L analytics, book colour, client scorecards, and performance benchmarking across Prime Services
  • Conduct deep-dive data analysis into market data, trading patterns, portfolio characteristics, and inventory movements to identify opportunities for efficiency gains and risk reduction
  • Develop and backtest sophisticated algorithms for automated inventory management, pricing, and execution
  • Prepare client returns analysis, assist with pricing financing terms, and monitor key book metrics and profitability drivers
  • Collaborate cross-functionally with Sales, Trading, Technology, Risk, Treasury, Legal, and Compliance to translate business requirements into technical solutions
  • Communicate complex analytical findings clearly to both technical and non-technical stakeholders, including senior management, clients, and regulators
  • Fulltime
Read More
Arrow Right

Middle Office Cash & Settlement Specialist

Quintet Private Bank is a leading private bank; we are committed to our clients ...
Location
Location
Luxembourg , Luxembourg
Salary
Salary:
Not provided
quintet.com Logo
Quintet Private Bank
Expiration Date
Until further notice
Flip Icon
Requirements
Requirements
  • Higher Education (University / Bachelor)
  • Between 3 and 5 years experience in a similar role
  • Collaborative Teamwork
  • Adaptability & Learning Agility
  • Communication (Verbal & Written)
  • Client-Centric Mindset
  • Critical Thinking & Problem Solving
  • Good command of MS-Office package
  • Strong understanding of financial markets and instruments (Equities, bonds, Funds, ETFs etc), deep understanding of settlement market rules
  • Collaborative and supportive team player
Job Responsibility
Job Responsibility
  • Act as the primary operational link between Front Office, Back Offices, and external stakeholders (custodians, prime brokers, clearing brokers) ensuring timely resolution of escalated issues and responding to inquiries within the agreed service levels
  • Support Front Office in trade processing, lifecycle management, and issue resolution
  • Ensure accurate and timely processing of securities, cash, and FX transactions
  • Ensure correct booking of trades and positions in accordance with contractual and regulatory requirements
  • Perform daily margin monitoring and escalate discrepancies to relevant stakeholders
  • Identifies, analyzes, and resolves securities and cash breaks assigned to the team, Performs monthly controls and reconciliations of nostro accounts in exotic currencies, ensuring alignment between sub-custodian reports and internal system records, derivatives positions and custodial assets held with prime Broker
  • Actively participates in continuous process improvement by analyzing business objectives and defining both current (AS IS) and target (TO BE) workflows
  • Solid understanding of banking and financial operations, along with strong knowledge of regulatory frameworks applicable to Luxembourg and European financial institutions
  • Prepares quarterly reports for the depositary bank, providing an overview of the status and timeliness of settlements, support regulatory audits by providing accurate operational data and documentation, produce KPIs for management
  • Participate in projects related to regulatory implementation, new products, or onboarding of institutional clients
Read More
Arrow Right

Prime Finance Application Support

Are you looking for a career move that will put you at the heart of a global fin...
Location
Location
United Kingdom , London
Salary
Salary:
Not provided
https://www.citi.com/ Logo
Citi
Expiration Date
Until further notice
Flip Icon
Requirements
Requirements
  • Experience in Prime Brokerage, Margin application support or similar
  • Understanding of Trade settlement workflows
  • Advanced execution capabilities and ability to adjust quickly to changes and re-prioritization
  • Effective written and verbal communications including ability to explain technical issues in simple terms that non-IT staff can understand
  • Experience of Linux servers, MSSQL, Oracle and Mongo DB as well as monitoring and observability tools
  • Knowledge/ experience of problem Management Tools.
Job Responsibility
Job Responsibility
  • Partnering with multiple technology teams to ensure appropriate integration of functions to meet goals
  • Identify and define necessary system enhancements
  • Analyze existing system logic, identify problems
  • Recommend and implement solutions
  • Hands-on Technical SME responsible for driving production incident resolution and implementing preventative measures to avoid technical reoccurrences
  • Partners with multiple technology teams to ensure appropriate integration of functions to meet goals
  • Works closely with Product Owners, Business Analysts and Systems Analysts to determine and document systems impacts and support requirements
  • Acts as advisor or coach to new or junior-level analysts
  • allocates work
  • Participates in a weekend support rotation schedule
What we offer
What we offer
  • 27 days annual leave (plus bank holidays)
  • A discretional annual performance related bonus
  • Private Medical Care & Life Insurance
  • Employee Assistance Program
  • Pension Plan
  • Paid Parental Leave
  • Special discounts for employees, family, and friends
  • Access to an array of learning and development resources
  • Fulltime
Read More
Arrow Right

Director of Trade Management Operations

We are seeking a dynamic and experienced Director of Trade Management Operations...
Location
Location
United States , Chicago
Salary
Salary:
150000.00 - 175000.00 USD / Year
tastytrade.com Logo
tastytrade
Expiration Date
Until further notice
Flip Icon
Requirements
Requirements
  • 6-10 years of progressive experience in back-office operations at a broker-dealer, FCM, prime broker, or clearing firm
  • FINRA Series 3, 4, 7, 24, and 63 licenses (or equivalents)
  • Broad operational knowledge spanning settlement, clearing, custody, corporate actions, and reconciliation across multiple asset classes
  • Familiarity with non-clearing FCM operations, including give-up processing, allocation workflows, and coordination with clearing FCMs
  • Demonstrated experience managing and developing operational teams
  • Proven track record leading process improvement or automation initiatives within a financial services environment
  • Strong working knowledge of DTCC (DTC, NSCC, FICC) settlement processes and exchange-traded derivatives workflows
  • Familiarity with regulatory requirements applicable to broker-dealers and non-clearing FCMs, including SEC Rule 15c3-3, FINRA rules, and baseline CFTC/NFA obligations
  • Experience with reconciliation or back-office platforms (SmartStream, Broadridge, Duco, AutoRek, or comparable)
  • Strong analytical, communication, and organizational skills with the ability to present to senior management and regulators
Job Responsibility
Job Responsibility
  • Lead and transform back-office function across Broker-Dealer and non-clearing FCM businesses
  • Own post-trade operations including trade settlement, clearing, custody, corporate actions, and reconciliation
  • Spearhead firm-wide initiative to automate and modernize key back-office processes
  • Recruit, build, and develop a high-performing back-office team
  • Provide day-to-day management, coaching, and mentorship to staff
  • Serve as primary escalation point for operational breaks, settlement failures, and counterparty disputes
  • Oversee all post-trade operations across asset classes including equities, options, exchange-traded derivatives, and FX
  • Manage trade confirmation, settlement, and fail management across custodians, prime brokers, and clearing firms
  • Coordinate give-up processing and submission workflows between executing brokers and clearing FCM
  • Supervise corporate actions processing
What we offer
What we offer
  • Performance bonuses
  • Stock purchase options
  • 401k plan
  • Medical/Dental/Vision benefits
  • 20 paid vacation days (plus additional paid vacation day the month of your birthday)
  • 10 paid sick days
  • Gym membership reimbursement
  • Commuter benefits
  • Pet insurance
  • Wellness & mental health programs
  • Fulltime
Read More
Arrow Right

Counterparty Credit Risk Sr Lead Analyst

Counterparty Credit Risk Portfolio Manager role is a senior risk manager role in...
Location
Location
India , Mumbai
Salary
Salary:
Not provided
https://www.citi.com/ Logo
Citi
Expiration Date
Until further notice
Flip Icon
Requirements
Requirements
  • 12+ years of experience in a large Financial Institution in Counterparty Credit Risk
  • Strong understanding of Counterparty Credit Risk including Exposure and Margin frameworks/models, Stress testing, Wrong-Way Risk
  • Knowledge of Markets businesses and products across OTC, Prime Brokerage, Clearing and Security Financing /Repo
  • Strong technical expertise of complex derivative structures and understanding of associated first order/second order risks
  • Knowledge of Credit documentation and various Credit master agreements, legal terms related to netting/collateral/margin mechanics will be a plus
  • Broad understanding of current market and regulatory environment as applicable to Counterparty Credit Risk
  • Excellent organizational and communication skills (written and verbal)
  • Superior analytical and quantitative skills and be able to quickly distil transactions/business propositions to key risks
  • Ability to work collaboratively with a wide group of cross-functional stakeholders across levels
  • Demonstrated ability to lead meetings/calls, to listen to other points of view, provide appropriate challenge, influence partners
Job Responsibility
Job Responsibility
  • Help implement and operate the 2nd Line Counterparty Credit Risk and controls framework for Citi
  • Direct the execution strategy for Pre-Settlement Exposure (PSE), Net Stress Exposure (NSE) and various CCR measurements standards across Citi APAC businesses
  • Ensure CCR frameworks, practices and policies applied to all market products
  • Actively monitor CCR portfolio across business, risk stripes and legal vehicles
  • Focus on early warning and proactive problem recognition based on markets indicators and portfolio concentrations
  • Help 2nd line of defense Credit officers in pre-trade review, challenge, and what-if analysis for new complex derivatives activity
  • Support CCR risk management governance by preparing and presenting updates on various CCR pillars
  • Support regulatory interactions on the CCR and manage increasing demands of regulatory oversight on CCR
  • Appropriately assess risk when business decisions are made
What we offer
What we offer
  • Programs and services for your physical and mental well-being including access to telehealth options, health advocates, confidential counseling and more
  • Programs to help manage your financial well-being and help plan for the future
  • Access to an array of learning and development resources
  • Programs that help employees balance their work and life, including generous paid time off packages
  • Fulltime
Read More
Arrow Right