Prime Margin Group Manager Hybrid

Citigroup Inc.; Jersey City (NJ); On-site; USD 164,000 - 245,000; Full time

Job summary

Citigroup Inc. in Jersey City, NJ, seeks a Prime Margin Group Manager to oversee a team delivering accurate and timely Prime Margin processing.

You will lead complex Margin operations, partner with multiple internal teams, and drive process improvements to ensure seamless settlement delivery. The role requires 10+ years in Margin/Collateral operations, strong leadership, and experience in financial services.

Qualifications

• 10+ years of relevant experience in Margin, Collateral or related operations.
• Bachelor’s degree or higher required; Master’s preferred.
• Experience in Banking/Financial Institutions and Corporate Banking is a plus.

Responsibilities

• Manage a complex critical large professional disciplinary area within Margin, Collateral and Optimization Operations, with short- to medium-term planning of actions and resources.
• Serve as an analytical/procedural expert in Prime Margin while supporting internal and external clients.
• Lead complex Prime Margin processes, coordinating with multiple teams and driving change-the-bank settlements.

Skills

Leadership

Project management

Negotiation

Communication

Financial services knowledge

Education

Bachelor's degree or equivalent

Master's degree preferred

Job description

Prime Margin Group Manager

Job Description :

The Prime Margin Group Manager is a senior management level position responsible for accomplishing results through the management of a team or department responsible for accurate and timely processing of Prime Margin exposure. The overall objective of this role is to ensure the seamless delivery of Prime Margin processing.

Responsibilities:

• Manage a complex critical large professional disciplinary area within Margin, Collateral and Optimization Operations, short- to medium-term planning of actions and resources, and exercise control over resources, budget, policy formulation and planning
• Serve as an analytical and/or procedural expert in Prime Margin, while supporting a wide range of internal and external clients
• Manage complex and variable Prime Margin operational processes, while liaising with multiple teams and departments on varying matters, define problems, develop innovative solutions, streamline processes and lead change-the-bank settlement projects
• Closely follow trends in the industry, identify cost savings opportunities and build effective relationships with clients and key stakeholders
• Increase productivity and efficiencies by presenting data and analyzing validates to develop added solutions and oversee the integrity of process, operations and end results
• Assist with overseeing the risk control environment, compliance efforts to follow policies and procedures and keep abreast of Citi's operational processes and best practices in business strategy
• Filter, prioritize and validate potentially complex material from multiple sources, including external clients and internal operations groups
• Serve as an advisor and coach to new or junior level staff on procedures and work processes across multiple departments
• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.

Qualifications:

• 10+ years of relevant experience
• Senior to advanced level experience in a related role with commensurate experience in people management preferred
• Experience in management within Banking and Financial Institutions preferred
• In-depth understanding of opportunities that exist within Financial Services and significant experience in Corporate Banking
• Demonstrated success coordinating with senior leadership and in managing others
• Proven ability to manage various concurrent activities/projects in a high-risk environment
• Effective project management and negotiation skills
• Consistently demonstrated clear and concise written and verbal communication
• Required Licensing/Registration: Series 99 Preferable

Education:

• Bachelor's degree/University degree or equivalent experience
• Master's degree preferred

Job Family Group:

Operations - Transaction Services

Job Family:

Securities and Derivatives Processing

Time Type:

Full time

Primary Location:

Jersey City New Jersey United States

Primary Location Full Time Salary Range:

$163,600.00 - $245,400.00

In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.

Most Relevant Skills

Please see the requirements listed above.

Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

Automated Processing and AI

We use automated processing, including artificial intelligence, for our legitimate business interests (or our reasonable and appropriate business purposes) to identify and align the candidate's skills and abilities with a specific job opening. Additionally, if you so choose, or consent, we can match your skills and abilities to other suitable roles at Citi.

Importantly, all our hiring processes and decisions, including determining your suitability for a role, are conducted, checked, and decided by individuals. Our automated processing and AI do not involve relying on automatic or autonomous decision-making. Please refer to any Jurisdictional Considerations, with specific provisions for your country (where relevant) for further details.

Illinois residents – AI Notice and Right

Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.

If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.
View Citi’s EEO Policy Statement and the Know Your Rights poster.