Product Specialist, Prime Finance

Citi's global Markets business is a leading provider of financial services, offering an extensive range of products and solutions to institutional clients around the world. Within this dynamic environment, our Equities business plays a critical role, leveraging cutting-edge technology and deep market expertise to deliver innovative solutions across various equity products, derivatives, and prime finance services. We are committed to fostering a culture of excellence, innovation, and client-centricity, enabling our clients to navigate complex market landscapes effectively.

We are seeking a highly motivated and experienced VP, Product Specialist to join our Prime Finance team in London. This pivotal role involves developing, structuring, and negotiating financing structures for Citi's clients, offering a significant opportunity to contribute to our business growth and innovation. The successful candidate will operate independently, driving initiatives within a dynamic and fast-paced environment, making a tangible impact on the strategic direction and growth of our Prime Finance product suite.

Responsibilities

• Develop and structure innovative Prime Finance solutions tailored to client needs, encompassing a range of products including Swaps, Stock Loans, and Repos.
• Lead negotiations with internal and external stakeholders on Prime Finance structures, actively driving solutions and managing booking model changes.
• Collaborate closely with sales, trading, legal, risk, and operations teams to ensure effective delivery and execution of solutions.
• Analyse market trends, competitive landscapes, and regulatory changes to identify new product opportunities and enhance existing offerings.
• Provide subject matter expertise on funding, stock lending, and margin loan booking models, demonstrating a strong understanding of financing structuring and the ability to conduct in-depth analysis.
• Contribute to the strategic direction and growth of the Prime Finance product suite.

What we need from you

• Extensive direct experience in a product role within a Prime Finance business.
• Proven expertise and working knowledge of funding, stock lending, and margin loan booking models, coupled with a deep understanding of financing structuring and the ability to conduct robust analysis.
• Demonstrated ability to develop, structure, and negotiate complex financial products.
• Strong analytical and problem-solving skills, capable of translating financial concepts into actionable strategies and driving solutions.
• Excellent communication and interpersonal skills, with a proven ability to effectively engage and collaborate with diverse internal and external stakeholders.
• High degree of independence and self-motivation, with a track record of successfully driving initiatives and projects to completion.

What Citi can offer you

• 27 days annual leave (plus bank holidays)
• A discretionary annual performance related bonus
• Private Medical Care & Life Insurance
• Employee Assistance Program
• Pension Plan
• Paid Parental Leave
• Special discounts for employees, family, and friends
• Access to an array of learning and development resources

Alongside these benefits Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self, every day. We want the best talent around the world to be energized to join us, motivated to stay, and empowered to thrive. If you are actively working with clients, have a passion for relationships and want to be part of a successful global franchise – then apply today.

This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.

Compliance and Certification

Candidates applying for this role must be aware that it is a Certified Role, subject to the FCA and PRA Certification Regime. The Certification Regime is one element of the Individual Accountability Regime which came into effect on 7 March 2016. Under the Certification Regime, Citi UK regulated entities (Citi entities) must ensure that employees working in certain roles categorised as specified significant harm functions (Certified Roles) are assessed as fit and proper to carry out their role. Under the guidance provided by the FCA and PRA, firms should have regard to the following when assessing fitness and propriety:

• Honesty, Integrity, and Reputation
• Financial soundness
• Competence and capability

In order to comply with the requirements of the Certification Regime, Citi entities must take reasonable care to ensure that an employee does not perform a Certified Role without first being certified as Fit and Proper. For this reason, you will be assessed for this role against the Fit and Proper requirements, as described above. This assessment will be carried out through extensive interviews, self-disclosures, permitted criminal record checks, regulated reference checks, credit checks and other background screening checks.

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.