Operations Support Group Manager - SVP - Collateral Management - Hybrid

Citi; Jersey City (NJ); Hybrid; USD 149,000 - 225,000; Full time

Job summary

An established industry player is seeking an Operations Support Group Manager to lead the Collateral Management team. This pivotal role focuses on risk management, regulatory compliance, and process transformation within a dynamic environment. The ideal candidate will have over a decade of experience in collateral or funding roles, showcasing strong leadership and communication skills. Join a forward-thinking organization that values diversity and continuous improvement, and make a significant impact in the finance industry while fostering talent development and innovative solutions.

Qualifications

• 10+ years in collateral or funding roles with strong knowledge of margin regulations.
• Experience in large financial institutions preferred.

Responsibilities

• Oversee collateral, funding, projection, and optimization processes.
• Ensure adherence to regulations and collaborate with auditors.
• Lead a high-performing team and drive automation.

Skills

Collateral Management

Risk Management

Regulatory Compliance

Leadership

Stakeholder Management

Communication Skills

Education

Bachelor's Degree

Job description

Operations Support Group Manager - SVP - Collateral Management - Hybrid

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Organization Overview: Markets Operations represents the evolution and transformation of Operations in the Finance Industry, creating a unique approach to delivering products and solutions. We are passionate about our People and culture, investing in your experience and development to build a successful career at Citibank. We are modernizing our processes, promoting flexibility, diversity of thought, and inclusion. Our global organization spans over 60 countries, covering post-execution Operations teams including Middle Office, Settlements, Margin, Asset Servicing, Listed Derivatives, Clearing, and Commodities Operations. We support a broad range of Capital Markets products and services, maintaining a top-tier market presence in Fixed Income, Equity, and Syndicates.

Team/Position Overview: The Collateral Management team, part of the Margin and Collateral function in Markets Operations, operates across 5 regions. It includes oversight of collateral funding and projections supporting fixed income and equities finance desks, and an optimization middle office focused on collateral opportunities at CCPs, Tri-Party agents, and central banks. The team aims to mitigate risk, ensure regulatory compliance, and deliver efficient collateral, inventory, and risk management.

This role will oversee NAM Operations, playing a key part in risk management, platform and process transformation, and strategic initiatives to reduce risk and enhance efficiency.

Responsibilities:

• Collateral Management & Optimization: Oversee collateral, funding, projection, and optimization processes; manage relationships; monitor risk indicators.
• Regulatory Compliance & Reporting: Ensure adherence to regulations (e.g., LCR, NSFR, SEC Rule 15c3-3); collaborate with auditors; oversee regulatory obligations.
• Leadership & Stakeholder Management: Lead and develop a high-performing team; liaise with trading desks, treasury, risk, operations, and senior management; present updates and insights; drive automation and tech enhancements.

People & Culture: Promote diversity and inclusion, foster continuous improvement, and support talent development through coaching and mentoring.

Qualifications: BA/BS preferred; 10+ years in collateral or funding roles, with strong knowledge of margin regulations, securities, and risk; experience in large financial institutions preferred. Must have excellent communication skills, be innovative and proactive, and demonstrate sound judgment and risk management acumen.

Additional Details: Location: Jersey City, NJ. Salary range: $149,600 - $224,400. Full-time position. Anticipated closing date: May 5, 2025. Citi is an equal opportunity employer, committed to diversity and inclusion.