Securities Financing Product Development - Vice President

Are you ready to take on a leadership role in product development within Prime Financial Services? As a Product Development Vice President, you will play a pivotal role in shaping our product strategy.

You will collaborate closely with teams across the organization to support and grow our Prime Finance business with a focus on Securities Financing.

We offer a dynamic, collaborative environment with ample opportunities for professional growth, where your expertise will drive significant impact.

If you have a strong understanding of financing fundamentals-including securities lending, collateral management, repo, margin and balance sheet management and optimization-this is the right team for you.

You will work across business and technology teams to deliver innovative solutions, optimize capital and liquidity, and drive modernization in a rapidly evolving vendor landscape.

Job responsibilities


* Support trading strategies to optimize capital and liquidity, maximize financing efficiency, and reduce funding charges, with a strong understanding of balance sheet management and constraints.


* Identify opportunities for automation, modernization, and optimization, as the securities financing vendor landscape shifts towards integrated, real-time platforms and moves away from fragmented, legacy systems.


* Drive and maintain the product strategy for securities financing, ensuring alignment with business objectives.


* Act as a strategic partner to business sponsors, identifying opportunities to grow market share and reduce costs.


* Collaborate with external partners to enhance process efficiency and adapt to evolving market and regulatory requirements.


* Serve as a subject matter expert, presenting product strategy, advising on market structure changes, and communicating developments to stakeholders.


* Lead end-to-end delivery of product initiatives, prioritizing projects for maximum commercial and risk-reduction impact, and ensuring disciplined execution.


* Protect the firm and clients by resolving control issues, ensuring regulatory compliance, and supporting process and architecture improvements focused on control, capacity, and risk.

Required qualifications, capabilities, and skills


* Work experience in securities lending, cash financing, or prime brokerage.


* Extensive product knowledge and expertise in product development, specifically within financing solutions.


* Strong understanding of the securities financing vendor landscape, and the market drivers for its evolution.


* Strong understanding of the regulatory environment, with special focus on U.S.

regulations-including SEC and FINRA rules-that impact financing for U.S.

broker-dealer entities and U.S.

institutions.


* Ability to partner with business stakeholders to determine business goals and develop products/processes that support those goals.


* Strategic thinker with experience designing end-to-end solutions and re-engine...