At a Glance
- Tasks: Lead collateral optimisation initiatives and drive efficiency across global Markets operations.
- Company: Join a leading financial services firm committed to innovation and collaboration.
- Benefits: Competitive salary, diverse work culture, and opportunities for professional growth.
- Other info: Be part of a transformative team with excellent career advancement opportunities.
- Why this job: Make a real impact in a dynamic environment while championing diversity and inclusion.
- Qualifications: Experience in collateral management and strong communication skills required.
The predicted salary is between 60000 - 80000 £ per year.
Collateral Optimization Operations in Markets Operations is a growing team established to deliver best-in-class capabilities in collateral management, inventory management, risk management and collateral efficiency. The team will support global Markets businesses working across products, regions and divisions, with a broad range of stakeholders. The objective of the team is to deliver efficient, controlled and scalable collateral optimization, supporting cost reduction and capacity growth. The successful Vice President candidate will execute daily optimization activities and processes in addition to driving the delivery of new efficiency and risk management initiatives. They will work in close partnership with the Collateral, Funding and Liquidity Desks and other key stakeholders across Operations, Technology, Markets, Finance, Legal, Risk & Treasury.
The Collateral Optimization Program for Markets is undergoing a multi-year investment initiative with a clear transformation objective. The successful candidate will play a pivotal role driving collaboration across groups, developing, and reviewing requirements, developing a target operating model, designing robust processes, and implementing new platforms.
Key Responsibilities
- Development of new function: Ensure processes are well designed and implemented, with sound governance, procedures, workflows, and controls. Work with partners and leadership to develop new operating model.
- Manage and execute daily optimization processes: Ensuring tasks are performed, risks are transparent, controlled, and mitigated.
- Drive key transformation initiatives: Lead & deliver key capability enhancements driving risk reduction, cost reduction, client service & revenue opportunities.
- Key Operations point of contact: Operate as expert and facilitator for businesses engaging in collateral, funding and liquidity activities across entities and regions. Acting as a collaborator across divisions.
- Robust Control Environment: Identify trends, synergies and weaknesses across products, regions and teams. Recommending and implementing control enhancements. Drive best practices and strong risk governance.
- People & Culture Agenda: Champion diversity and inclusion, supporting a work environment that allows our People to thrive and excel. Promote a culture of continuous improvement, cultivating a robust service and control environment.
- Coaching and Mentoring: Develop our talent, support their growth.
Skills & Qualifications
- BA/BS degree preferred.
- Prior experience in collateral and margin management, equities or fixed income trade management, futures and clearing operations, funding, liquidity & inventory management, securities settlements with a strong appreciation of products, practices, risks, and regulations. Preferably at large financial services firm.
- Demonstrates sound judgement, with a strong risk management and a control mindset.
- Evidence of operating and delivering in large successful change programs in fast paced, large global financial services firms.
- Innovative, energetic, collaborative, proactive and influential; a leader who can positively and productively provide a positive impact through both strategic and tactical delivery.
- Results orientated.
- Strong communicator who is both articulate and concise. Demonstrates success interacting with senior leaders across revenue and non-revenue functions. Able to communicate in precise technical detail when required.
- Experience in financial planning processes, including budgeting and forecasting.
Collateral Optimisation Vice President in London employer: Citi
Citi is an exceptional employer, offering a dynamic work environment that fosters innovation and collaboration within the Collateral Optimization Operations team. With a strong commitment to employee growth, diversity, and inclusion, Citi provides ample opportunities for professional development while driving impactful transformation initiatives in the financial services sector. Located in a vibrant city, employees benefit from a culture that prioritises continuous improvement and robust risk governance, making it an ideal place for those seeking meaningful and rewarding careers.
StudySmarter Expert Advice🤫
We think this is how you could land Collateral Optimisation Vice President in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Citi. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Collateral Optimisation Vice President in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Citi.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Citi's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Citi
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Citi.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Citi will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Citi employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
