Portfolio Financing and Optimization Trader, Prime Services, Vice President

Citi • New York, NY

5d

About The Position

The Portfolio Financing and Optimization Trader is an Vice President position responsible for managing pricing and profitability of the Prime Services business in NAM. The overall objective of this role is to drive to the management of a financing book, grow balances & improve revenues and profitability, and to coordinate with key stakeholders to develop the trading franchise.

Requirements

• 6-10 years of experience in a related role
• Strong knowledge of the Prime Brokerage and Listed Derivatives businesses
• Required licensing and registrations as applicable
• Strong Python programming skills
• Consistently able to demonstrates clear and concise written and verbal communication
• Effective interpersonal skills to develop and maintain relationships with internal and external stakeholders
• Ability to analyze and pitch situations and determine suitable counterparties
• Knowledge of Bloomberg, booking systems, trading protocol, closing technicalities.

Nice To Haves

• Master’s degree preferred.

Responsibilities

• Optimization of NAM prime finance platform
• Pricing financing terms for Hedge Fund clients
• Contribute to administration and development of the Equity PB P&L
• Holistic view across Stock Loan, Financial Resource Management, Cash and Synthetic Prime Brokerage, Futures and Derivatives Clearing
• Run profitability analysis and hold return reviews with clients
• Drive PnL optimization – Pricing, margin, capital optimization, business mix, etc
• Data analysis, tool implementation
• Construct consistent approach to client profitability regionally/globally
• Working closely with peers in other regions
• Work in close partnership with control functions such as Legal, Compliance, Market and Credit Risk, Audit, Finance in order to ensure appropriate governance and control infrastructure
• Build a culture of responsible finance, good governance and supervision, expense discipline and ethics
• Appropriately assess risk/reward of transactions when making business decisions; demonstrating proper consideration for the firm’s reputation.
• Be familiar with and adhere to Citi’s Code of Conduct and the Plan of Supervision for Global Markets and Securities Services
• Adhere to all policies and procedures as defined by your role which will be communicated to you
• Obtain and maintain all registrations/licenses which are required for your role, within the appropriate timeframe
• 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.

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level