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Citigroup Inc

Treasury Trade Solutions - USD Clearing Product Manager, AVP

Citigroup Inc, New York, New York, us, 10261

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Treasury Trade Solutions - Usd Clearing Product Manager, Avp

Discover your future at Citi. Working at Citi is far more than just a job. A career with us means joining a team of more than 230,000 dedicated people from around the globe. At Citi, you'll have the opportunity to grow your career, give back to your community and make a real impact. Job Overview

Usd Clearing Product Manager - Avp Excited to grow your career? We value our talented employees, and whenever possible strive to help one of our associates grow professionally before recruiting new talent to our open positions. If you think the open position you see is right for you, we encourage you to apply! Our people make all the difference in our success. Treasury and Trade Solutions (Tts) is a market leading, award-winning provider of cash management, cards and trade, solutions to financial institutions, public sector and corporate clients around the world. With a global network spanning 100+ countries, we are uniquely qualified to service clients with local and cross-border interests and provide integrated reporting and management. Tts is a highly innovative organization with a strong digital agenda; new products and services are continuously being developed to meet our clients rapidly evolving treasury requirements and unlock new opportunities for growth. We provide clients with dynamic information, tools, and apis to effectively manage their portfolios, financial positions, working capital and supply chains. Global Payments is a key strength and differentiator for Citi. The Global Payments business intermediates and processes flows generated by Corporates, Banks & Financial Institutions and Governments. Overall size of this market is estimated at $40-50 billion in revenues with Citi accounting for ~$2 billion and market share of ~4-5%. Usd Clearing is the flagship product within the Citi's Global Payments contributing to the business growth through continuous innovation, market leading capabilities and a very strong track record in delivering revenue growth year on year. Our Usd Clearing offering is a truly global product with clients in over 140 countries and a global true 24/7 operating model that supports customers' global needs and efficient processing of payments across all time zones. Opportunity description In order to deliver on the key strategic and tactical objectives of Usd Clearing, we are now looking for an ambitious Payments Product Manager. The person in this role will focus on management and development of core payment services to our Financial Institution (Fi) and Corporate clients with the objective of support strategic growth objectives and product transformation One of the key aspects of the role includes building new product capabilities to capture flows via new infrastructures and business models. To achieve the role's objectives, the person in this position will work very closely with: Global Clearing commercialization team in delivery of the customer actions including deals momentum and oversight of ongoing customers' activity Global Clearing Product team members in build and execution of customer centric innovations and product transformation Client relationship and sales teams on client validation and ideation, growing the new business pipeline, and closing deals Operations, technology and functional partners in identification and delivery of the new product capabilities. Risk and Controls function to assure sound product governance. Key Responsibilities: Support definition and execution of strategic objectives in context of evolving business landscape Focus on the product differentiation, growth and commercialization. Manage relationship with key partners and align strategic objectives Develop and execute timely, cost effective and quality product transformation in collaboration with Technology, Operations and product partners to support the product strategy. Drive pricing strategy formulation and its execution Partner with Finance to: - Monitor and control billing/revenue, expenditure, and benefits realization - Lead Core Payments P&L monitoring, assessing trends and delivering insights into the portfolio Monitor, analyze and influence key global Domestic Payments P&L drivers (Revenue, Volume, Pipeline, Deal trends, Voice of Client) Create thought leadership content for clients, partners, and industry forums Understand and proactively manages risk and compliance in respective area of responsibility Support client pitches and proposal management in partnership with commercialization team and coverage/sales partners Understand the Payments landscape and industry trends Work with clients, sales and partners to identify opportunities to enhance Usd Wire payments solutions, to ensure a best-in-class client experience. This would include leading cross functional client validation activities and internal actions leading to service enhancements Lead the end to end solutioning for key clients in scope of the Usd Wire payments in collaboration with Commercialization partners and other Payments product teams to drive commercialization opportunities Work with Product control functions to ensure that all relevant documentation (eg Product Approval Program) and processes are strictly adhered to and part of the management fabric of the product business Coordinate planning and other related activities for launching of new capabilities and functionalities across technology, operations, implementations, and regional teams Stay informed about competition, market trends, and new technologies Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets. This includes 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. Qualifications: 5-7 years of experience in Product Management and/or Product Development discipline Experience in and understanding of logistics or Industrial verticals including payments ecosystem and Financial Market Infrastructure (Fmi) Ability to make complex judgments and to provide solutions based on sophisticated analytical thought comparing and selecting complex alternatives In-depth quantitative or qualitative analysis to solve problems and develop new, innovative solutions Ability to apply ingenuity and creativity to problem analysis and resolution in complicated and/or novel situations Developed diplomacy skills are required in order to guide, influence and convince others, in particular colleagues in other areas and occasional external customers Experience with and confidence in delivering presentations to clients and senior managers Education: Bachelor's/University degree, Master's degree preferred This broad role will provide the prospective candidate with an excellent opportunity to work at the heart of one of the most significant and visible Payments products, offered to Financial Institution and Corporate clients by the Services business. This key role will give the candidate exposure to a globally managed product with supporting functions and key partners at all level of organization (global/regional/local), and clients across all geographies operating in a truly cross-border minded manner.