Develop and execute product development plans, timelines, and budgets to ensure timely and successful product launches.
Manage the prioritization of product features and enhancements based on business objective, market trends, and customer needs.
Conduct market research and competitive analysis to identify opportunities and threats in the market landscape.
Drive innovation and continuous improvement in product development processes and methodologies.
Coordinate with external partners for product development.
Drives customer segmentation, product positioning, pricing and marketing plans for each client segment
Develops an inorganic growth strategy, if relevant, through partnerships, alliances and strategic product development to capture a greater share of global payment flows, including those outside of traditional payment flows
Develops a distribution strategy, considering new and evolving channels for products
Embeds a culture of world-class professional Product Development, leveraging tools such as Product Launch Framework
Ensures that ongoing product innovation and development meets strategic and financial objectives
Ensures product offering is competitive in service, functionality & price
Meets client needs through seamless integration and packaging of products with other complementary capabilities
Defines strategic opportunities for large-scale product partnerships/alliances with external/internal parties/vendors
Develops products with attractive and sustainable P&Ls (Revenue, Expense, Net Income Plan and Operating Efficiency)
Analyzes product profitability, competition and positioning in the market and proactively drive initiatives to maintain Citi’s leadership position
Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by 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, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.
Qualifications:
10+ years of experience banking and financial services
Proven track record of successfully managing in a large and complex business
Wholesale Credit experience
Intellectual curiosity, analytical and conceptual thinker
Proactively seeks and develops new opportunities
Thorough financial acumen and P&L management experience
Excellent analytical, interpretive and problem solving skills
Proven track record of bringing diverse groups and perspectives to work against a common goal
Ability to maintain momentum and minimize client and employee attrition
Demonstrated people management skills with ability to motivate large teams and drive results
Process Management knowledge with a propensity for detail and comprehensiveness of content
Ability to collaborate and clearly communicate with senior members of an organization
Project Management skills with experience leading large cross functional initiatives
Proven track record as change agent, with ability to encourage and embrace innovative ideas and solutions
Knowledge of Forecasting platforms, database management and tools is preferred, not required
Self-aware with ability to adapt to various situations, rapidly assimilate and report on complex information while creating a future vision