Senior Vice President - Margin & Collateral Operations - Product & Business Development

TN United Kingdom; London; On-site; GBP 80,000 - 150,000; Full time

Job summary

An established industry player is seeking a Senior Vice President for Margin & Collateral Operations. This pivotal role involves leading product development and driving transformation initiatives within a dynamic global organization. You will leverage your extensive experience in margin management and strategic change to enhance client services and optimize processes. Join a forward-thinking team that values diversity and innovation, offering a supportive environment where your contributions will make a significant impact. This is an exciting opportunity to shape the future of operations while advancing your career in a leading financial institution.

Benefits

Generous holiday allowance starting at 27 days

Performance-related bonus

Private medical insurance

Employee Assistance Program

Pension Plan

Paid Parental Leave

Employee discounts for staff and their families

Learning and development resources

Qualifications

• Extensive experience in margin and collateral management at large financial institutions.
• Strong communication and leadership skills with senior stakeholders.

Responsibilities

• Lead product development and strategy for margin and collateral operations.
• Collaborate with stakeholders to enhance client service and reduce risks.

Skills

Margin Management

Collateral Management

Risk Management

Strategic Change Programs

Communication Skills

Problem Solving

Education

BA/BS degree

Job description

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Senior Vice President - Margin & Collateral Operations - Product & Business Development, London

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Client:

06500 Citigroup Global Markets Limited

Location:

London, United Kingdom

Job Category:

Other

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EU work permit required:

Yes

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Job Reference:

61e56882901e

Job Views:

3

Posted:

08.05.2025

Expiry Date:

22.06.2025

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Job Description:

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’s Markets Operations Team.

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

Team/Role Overview

Markets Operations represents the evolution and transformation of Operations in the Finance Industry, creating a unique approach to delivering our products and solutions. We value our people and culture, investing in your development and building a successful career at Citibank. We are modernizing our processes, promoting flexibility, 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 including product-aligned Middle Office, Settlements, Margin, Asset Servicing, Listed Derivative, Clearing & Commodities Operations. We support a broad range of Capital Markets products and services, including Fixed Income (FX, Rates, Credit, Muni, Cash, Derivatives), Equity (Cash, Derivatives, Prime Brokerage, Futures, Listed Derivatives, Clearing, Foreign Exchange Prime Brokerage), and Syndicates for FI and EQ new issues and IPOs.

Our operations are central to all activity at the firm, impacting the entire trade lifecycle. We collaborate with internal stakeholders such as Sales, Trading, Compliance, Legal, Finance, and HR, and interact with our external clients to ensure a first-class experience. We maintain a robust control environment, complying with regulations and internal policies, proactively reducing risks through continuous control evaluation.

We work closely with global peers, partners, and regulators, leading initiatives to optimize and streamline processes and drive strategic industry-wide improvements.

Margin & Collateral Operations within Markets Operations helps mitigate risk and meet regulatory requirements, delivering capabilities in margin and collateral management, inventory, and risk management. The team supports global markets across products, regions, and divisions, engaging with diverse stakeholders.

Product & Business Development is a new and expanding team within Margin & Collateral Operations, responsible for designing and executing products and services aligned with strategic goals.

Transformation:

The Margin & Collateral Operations Program is a multi-year investment initiative aimed at transformation. The successful candidate will develop products and services aligned with the target operating model, foster collaboration, design robust processes, and implement new platforms.

What you’ll do

• Operate as a senior leader within the Product & Business Development team, possessing deep product or service expertise, with knowledge of front-to-back flows, risks, and regulations.
• Product Owner: Lead product development and strategy for specific product lines or services, ensuring they meet or exceed expectations.
• Design products/services: Ensure developments align with the target operating model and standards, working closely with Margin & Collateral Optimization leadership.
• Execute developments: Deliver projects on time and within budget.
• Drive transformation initiatives: Lead efforts to reduce risks and costs, enhance client service, and increase revenue.
• Collaborate with stakeholders: Work with Technology, Markets, Operations, Risk, and vendors.
• Provide evaluative judgment: Analyze complex situations using diverse information sources.
• Deep knowledge: Demonstrate expertise in margin and collateral optimization.
• People & Culture:
• Champion diversity and inclusion: Support a thriving, inclusive work environment.
• Promote continuous improvement: Cultivate a strong service and control culture.
• Mentor talent: Support growth and development of team members.

What we’ll need from you

• BA/BS degree preferred.
• Extensive experience in margin and collateral management, regulations, products, practices, risks, and strategic change programs, preferably at a large financial institution.
• Strong communication skills, with success interacting with senior stakeholders.
• Innovative, flexible, collaborative, proactive leadership qualities.
• Logical thinker, problem solver, results-oriented.
• Clear and concise written and verbal communication, able to present to senior decision-makers without jargon.
• Sound judgment and risk management mindset, with effective controls and processes.
• Ability to build trust and establish relationships across the organization, with a client-focused approach.
• Awareness of industry best practices and maintaining a balanced, fresh perspective.

What we can offer you

This role offers the chance to shape the future of Margins and Collateral operations at Citi. Daily challenges will help develop new skills and advance your career.

We aim to have a positive social and financial impact, prioritizing employee well-being and offering comprehensive benefits such as:

• Generous holiday allowance starting at 27 days plus bank holidays, increasing with tenure
• Performance-related bonus
• Private medical insurance
• Employee Assistance Program
• Pension Plan
• Paid Parental Leave
• Employee discounts for staff and their families
• Learning and development resources

We are committed to fostering a workplace where everyone can be their authentic selves, energized, motivated, and empowered to thrive.

Apply now to explore your potential with Citi!