Credit Limits Product Development Head - (Director)

Credit Limits Product Development Head - (Director)

Full-Time 60000 - 80000 £ / year (est.) No working from home possible
Citi

At a Glance

  • Tasks: Lead the development of innovative credit products and strategies in a dynamic environment.
  • Company: Join Citi, a global leader in financial services with a commitment to innovation.
  • Benefits: Enjoy competitive salary, hybrid work model, generous leave, and comprehensive health benefits.
  • Other info: Be part of a diverse team that values creativity and strategic thinking.
  • Why this job: Make a real impact on credit risk strategies while leading a talented global team.
  • Qualifications: Extensive experience in credit risk management and strong leadership skills required.

The predicted salary is between 60000 - 80000 £ per year.

Citi is looking for a seasoned Counterparty Credit Risk / Capital Product Development Manager to manage the firm's Credit Limits Product strategy & execution. This role would interact at a senior level with Credit Risk, Enterprise Risk & 1st Line of Defense Credit Portfolio Managers/Underwriters, Enterprise Data teams and Technology development teams.

Requirements

  • A sound grasp of Credit Risk (Capital experience would be beneficial), the technology & products available in the marketplace and an understanding of the competitive landscape.
  • Demonstrate a proven record of product delivery across the lifecycle for multi-year and tactical initiatives.
  • Accountable for end results, budgeting, planning, policy formulation and contribution to future strategy of the firm's Credit Risk technology architecture & business / functions adoption.
  • To manage a global team, budget and planning, to include duties such as performance evaluation, compensation, hiring, disciplinary actions and terminations and budget approval.
  • Be comfortable working in the detail, and with large data sets.
  • To leverage contemporary AI tools available & drive an AI strategy for the Product.

Responsibilities

  • The Product Development Group Manager is responsible for all activities related to the development of new products and/or features and functionality of products including developing business cases, requirements definition (BRDs), product enhancements innovation, feature and functionality definition based on market and industry research and trends and client needs.
  • This role will also lead innovation strategy, define and manage product development processes, scope product releases, identify new opportunities to address business priorities, incorporating regulatory and compliance requirements and investment tracking.
  • Sets strategic vision with team and functional partners to encourage creative and strategic thinking from team.
  • Develops 3-5 year product strategy and execution road-map with a transformational change plan.
  • Ensures product offering is competitive in service, functionality & price.

Skills & Qualifications

  • Extensive years of experience, including substantial managerial experience.
  • Proven track record of successfully managing in a large and complex business.
  • Intellectual curiosity, analytical and conceptual thinker.
  • Proactively seeks and develops new opportunities.
  • 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.
  • Self-aware with ability to adapt to various situations, rapidly assimilate and report on complex information while creating a future vision.

Education

  • Bachelor’s/University degree, Master’s degree preferred and managerial experience.

Benefits

  • Competitive base salary (annual review), hybrid working model (up to 2 days working at home per week) and a range of additional benefits such as:
  • 27 days annual leave (plus bank holidays).
  • Discretionary annual performance related bonus.
  • Private Medical Care & Life Insurance.
  • Employee Assistance Program.
  • Pension Plan.
  • Paid Parental Leave.
  • Special discounts for employees, family, and friends.

This job description provides a high‑level review of the types of work performed. Other job‑related duties may be assigned as required. Citi is an equal‑opportunity employer; qualified candidates will receive consideration without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other protected characteristic.

If you are a person with a disability and need a reasonable accommodation to use our search tools or apply for a career opportunity, please contact us for assistance.

Credit Limits Product Development Head - (Director) employer: Citi

Citi is an exceptional employer that fosters a dynamic and inclusive work culture, offering competitive salaries and a comprehensive benefits package, including generous annual leave and private medical care. With a strong focus on employee growth, Citi provides opportunities for professional development and innovation, particularly in the rapidly evolving field of Credit Risk technology. The hybrid working model allows for flexibility, making it an attractive workplace for those seeking meaningful and rewarding careers in a global financial institution.

Citi

Contact Details:

Citi Recruitment Team

We think you need these skills to ace Credit Limits Product Development Head - (Director)

Counterparty Credit Risk
Capital Product Development
Product Strategy
Budgeting
Policy Formulation
Data Analysis
AI Strategy