Financing and Clearing Product Manager at Citigroup in London

Job description

Citi Markets operates at the heart of global capital markets, providing liquidity, risk management, and financing solutions to institutional clients worldwide. Our operation is uniquely global. Our client list is remarkably varied. Our product range is incredibly broad. But we're not the finished article. We have big ambitions for the future and all the resources we need to reach them, including some of the smartest people in the industry. Within our Prime Brokerage and Securities Financing division, we serve the world's most sophisticated hedge funds, asset managers, and institutional investors. Our platform supports a comprehensive suite of services including cash and synthetic prime brokerage, securities lending and borrowing, repo financing, margin optimization, and cross-asset clearing. The Product Manager – Financing & Clearing is a high-impact leadership position accountable for driving revenue growth, strategic platform innovation, and risk excellence across Citi's financing and clearing infrastructure. This role sits at the critical intersection of front-office sales and trading, quantitative risk management, client service, and global technology delivery. At Citi Markets, we win together. In a rapidly changing world, our shared vision gives us the clarity, agility, and global perspectives we need to shape the future. This role offers a unique opportunity to influence the strategic direction of a globally significant platform, build deep client relationships across the institutional investor community, and lead cross-functional initiatives that directly enhance business profitability and competitive positioning. Primary Responsibilities Own Platform Innovation and Capability Development: Help define and prioritize the multi-year platform roadmap for cash prime brokerage, synthetic equities, securities lending, stock locate. Lead large-scale, cross-functional initiatives to deliver state-of-the-art functionality—real-time margin analytics, automated collateral optimization, API connectivity, and digital client portals—that unlock new trading opportunities and improve operational efficiency. Serve as the Strategic Liaison Across Business, Technology, and Operations: Scope complex technical requirements, lead agile delivery teams, and drive execution of significant platform enhancements in partnership with global technology and operations functions. Act as the primary decision-maker and escalation point for key stakeholders including Legal, Compliance, Risk, Middle Office, and senior trading desk leadership. Provide Regulatory and Industry Thought Leadership: Anticipate and interpret the strategic implications of evolving global regulations (including T+1 settlement, Uncleared Margin Rules, Basel III/IV capital frameworks, EMIR, and SFTR) on business strategy, client delivery, and platform architecture. Proactively shape business positioning and product development to address material regulatory developments and competitive market dynamics. Establish Rigorous Risk and Control Frameworks: Champion operational excellence and regulatory integrity across all platform processes. Oversee operations and technology partners to ensure flawless execution of critical functions including trade lifecycle management, margin calculations, securities settlement, and corporate actions processing. Lead coordination with in-business Risk and Credit teams on complex client activity, driving policy formulation and strategic risk decisions. Build and Maintain Strategic Client Relationships: Act as a trusted advisor to institutional clients on platform capabilities, margin optimization strategies, clearing workflows, and regulatory compliance. Translate complex client requirements into actionable product enhancements that deliver measurable business value and strengthen client retention. What We Need from You Experience in prime brokerage, or securities financing within a Tier-1 investment bank, prime broker, or institutional fintech, with a d