At a Glance
- Tasks: Lead the rollout of innovative payment solutions and drive transformation in cross-border payments.
- Company: Join Citi, a global leader in financial services with a focus on innovation.
- Benefits: Enjoy a hybrid work model, competitive salary, and extensive learning opportunities.
- Other info: Be part of a dynamic team with a commitment to diversity and inclusion.
- Why this job: Shape the future of payments while collaborating with top industry leaders.
- Qualifications: Experience in product management and cross-border payments is essential.
The predicted salary is between 63000 - 77000 £ per year.
As an SVP Product Manager for Payments Clearing Modernization, you will lead the rollout of a strategic payments product processor and serve as Citi's subject matter expert on SWIFT CBPR+ payments. You will partner with senior business leaders and a global user community to define and deliver clearing solutions across major market infrastructures, including Fedwire, CHIPS, TARGET2, EURO1, CHAPS, and SIC. This role offers the opportunity to shape the future of cross-border, ISO 20022 payments while driving large-scale transformation within Citi's global payments organization.
Responsibilities
- Lead the rollout of a strategic payments product processor for clearing as part of Citi's Payments Modernization program.
- Serve as the subject matter expert on SWIFT CBPR+ payments and advise other Citi business lines on ISO 20022 payment standards.
- Partner with senior business leaders and a global user community to define and implement clearing payment solutions.
- Drive integration of SWIFT CBPR+ clearing flows with major market infrastructures, including Fedwire, CHIPS, TARGET2, EURO1, CHAPS, and SIC.
- Build clear project plans and detailed business and technical requirements documents to guide product execution.
- Develop business cases, requirements, and feature definitions for new payment products based on market and industry research.
- Manage the end-to-end product development lifecycle using an AI-driven product development process, from release scoping through delivery.
- Track business priorities and investment decisions while incorporating regulatory and compliance requirements into product plans.
Required Qualifications & Skills
- Extensive product management experience, ideally with a background in European clearing.
- Hands-on experience implementing cross-border wire payments through SWIFT and ISO 20022 standards.
- Track record of leading large-scale payments transformation projects, including wire clearing initiatives, across cross-functional stakeholder groups.
- Strong analytical and problem-solving skills to resolve complex issues quickly and creatively.
- Demonstrated leadership and consensus-building skills within a matrix organization.
- Excellent verbal, digital, written, and presentation communication skills.
- Ability to establish and maintain senior client relationships across multiple Citi businesses.
Beneficial Skills & Qualifications
- Awareness of industry initiatives advancing digital asset-based payments, including tokenized deposits and real-time payments on blockchain-based ledgers.
- Direct experience working on blockchain-based or tokenized payment initiatives.
- Master's degree.
What We Offer
- Join a global team shaping the future of cross-border payments at one of the world's leading financial institutions.
- Work in a hybrid model with three days in the office and two days working remotely each week.
- Influence strategic decisions on a global payments transformation program with visibility across senior leadership.
- Access ongoing learning and development opportunities to build deep expertise in payments and product management.
- Collaborate with colleagues and stakeholders across Citi's global network.
- Benefit from wellbeing, financial wellbeing, and family support programs designed to support work-life balance.
Product Developer - Clearing Modernisation C14 - LONDON employer: Citi Group
Citi Belfast is an exceptional employer, offering a dynamic work environment that fosters collaboration and innovation in the financial sector. With a strong focus on employee growth, you will have opportunities to mentor junior staff while driving impactful governance and risk management initiatives. The hybrid work model and competitive benefits package further enhance the appeal of working in this vibrant location, making it a rewarding place for professionals seeking meaningful careers.
StudySmarter Expert Advice🤫
We think this is how you could land Product Developer - Clearing Modernisation C14 - LONDON
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Citi Group. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Product Developer - Clearing Modernisation C14 - LONDON
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Citi Group.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Citi Group's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Citi Group
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Citi Group.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Citi Group will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Citi Group employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
