Are you looking for a career move that will put you at the heart of a global financial institution? Then bring your skills in communication and implementation to Citi's Settlements team.
By Joining Citi, you will become part of a global organisation whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.
Team/Role Overview:
Securities Services provides clearing, settlement, safekeeping, cash, tax & asset servicing to global financial institutions through a proprietary branch network spanning across Asia, UK, Europe & MEA, and the Americas.We are seeking a product manager to focus on securities settlements, understand, communicate and implement global product strategies in line with business, regulatory and market requirements. Develop new products and enhance existing clearing, and settlement products for the Custody business.
The Securities Services Product Manager will be responsible for executing and managing clearing and settlement initiatives for the Securities Services Custody Product Management business. Included in the scope of responsibilities are:
- Agree product development priorities with business owners.
- Develop new Custody settlement products and enhance existing.
- Work with internal partners (risk, legal, compliance) to ensure product risks.
- Maintain a close relationship with operations to re-engineer existing products in order to maximise efficiency and improve client experience.
What you'll do:
- Understand, communicate and implement global product strategies in line with business, regulatory and market requirements.
- Develop new products and enhance existing clearing and settlements products for the Custody business.
- Drive the standardisation of products across markets and regions.
- Work with the Cluster heads to prioritise, develop and implement products in line with business drivers.
- Work alongside different teams within the business to understand new market developments and how these fit in with the product strategy and client requirements.
- Work closely with operations and technology to create detailed Business Requirements Documentation defining core product functionality based on client demand, market/regulatory requirement and long-term strategic objectives.
- Work with internal partners (in business risk, legal, compliance) to ensure product risks are understood, documented and mitigated and that new product developments meet internal business approval requirements.
- Act as a senior point of escalation for the branches for all product related issues.
- Maintain a close relationship with operations to re-engineer existing products in order to maximise efficiency and improve client experience.
- Support the data quality and governance as product owner for clearing and settlements along with operations and technology peers. Address any data inconsistencies identified.
- Be the agent of transformation of existing structure into a more productive, efficiently controlled, more digitalized / less human dependent and metrically managed one.
What we'll need from you:
- Strong securities background, good inter-personal and communications skills.
- Background in operational processes, technology platforms and front office activities.
- Background in regulatory / market mandatory changes and related enhancements.
- Client facing experience beneficial.
- Background in monitoring and reviewing business linked technology budgets / prioritisation.
- Proven project management and implementation skills.
- Strong analytical capabilities.
- Ability to interact with various levels of management.
- Bachelor or Master Degree in Business, Finance or other related fields.
What we can offer you:
The role will involve obtaining a detailed understanding of Securities Services on both its products and client base. Working alongside different parts of the business from the direct network to understand new market developments and how these fit in with client requirements, with in business risk, legal and compliance to quantify and mitigate risks involved and client coverage to elevate client experience.
We work hard to have a positive financial and social impact on the communities we serve. In turn, we put our employees first and provide the best-in-class benefits they need to be well, live well and save well.
By joining Citi London, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed), and enjoy a whole host of additional benefits such as:
- Generous holiday allowance starting at 27 days plus bank holidays; increasing with tenure
- A discretional annual performance related bonus
- Private medical insurance packages to suit your personal circumstances
- 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.
Sounds like Citi has everything you need? Then apply to discover the true extent of your capabilities.
Job Family Group:
Product Management and Development
Job Family:
Product Management
Time Type:
Full time
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