At a Glance
- Tasks: Lead the future of FX at Citi, shaping product vision and collaborating across teams.
- Company: Join Citi, a global leader with over 230,000 dedicated professionals.
- Benefits: Enjoy competitive salary, career growth, and opportunities to give back to the community.
- Other info: High-visibility role with excellent career advancement opportunities.
- Why this job: Make a real impact in the financial world while working with cutting-edge technology.
- Qualifications: Experience in product management or business analysis, preferably in financial services.
The predicted salary is between 55000 - 65000 £ per year.
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
The FX Product Manager will play a pivotal role in shaping the future of Foreign Exchange at Citi by leading product vision and roadmap development, ensuring a client‑centric approach from concept to delivery. This involves close collaboration with various business, risk, finance, technology, and operations teams to achieve delivery objectives. The incumbent will be a hands‑on, techno‑functional leader, capable of delving into trading systems to understand critical data flows. Leveraging excellent analytical, communication, and interpersonal skills, they will manage and implement a diverse range of products. A key aspect of the role is driving the strategic development, management, and execution of FX Trade processing and Risk platforms implementation and modernisation, solutioning new cross border payments and custody flows, enhance the usage of Gen AI in delivering cutting‑edge FX products that meet evolving Trading, Sales and client needs and enhance competitive positioning.
Key Responsibilities
- Drive the standardization of business processes globally to enhance efficiency, reduce costs, and improve controls.
- Provide a global perspective in all discussions, ensuring optimal solutions for the business and collaborating across various horizontals and verticals.
- Engage directly with sales and traders to understand their vision, industry trends, and integrate these insights into product and solution strategies.
- Manage solutions spanning diverse areas such as workflows, trade processing, risk, eCommerce, and back‑office operations.
- Effectively prioritize business needs and challenge the status quo regarding processes, solutions, and structures.
- Oversee product initiatives across a broad range of countries (30+ in EMEA, 65+ globally), each with unique legal, compliance, and business requirements.
- Collaborate with senior business leaders, a global user community, and technical specialists to define and implement solutions that meet business requirements.
- Develop clear and specific project plans, along with comprehensive business requirements documents.
- Secure buy‑in from all project stakeholders, set accurate expectations for deliverables and timelines, and ensure commitments are met.
- Identify and manage upstream and downstream project dependencies, ensuring necessary resources and commitments.
- Develop and implement best practices for evaluating, selecting, and integrating technologies within the FX technology landscape.
- Assume end‑to‑end ownership of projects, driving a product‑centric approach.
- Ensure effective escalation and project management to achieve timely and high‑quality deliverables.
- Act as a brand ambassador for the product and business.
- Manage a team of Product Managers (where applicable), guiding them to achieve established goals and conducting personnel duties.
- Oversee strategic roadmaps, product development, launch, and marketing to maximize product benefit.
- Manage day‑to‑day product operations, including client experience and communication strategies.
- Execute client value propositions, positioning, segmentation, pricing, channel strategies, and competitive differentiation.
- Develop and implement functional strategies for country, regional, or multi‑country business units.
- Manage client and competitor market research, develop product innovation roadmaps, and address market commoditization.
- Oversee all aspects of program lifecycle management, considering market demands, technology trends, and competitive factors.
- Contribute to achieving acquisition targets, product financial performance, revenue, and expense management goals.
- Develop and communicate business plans, coordinate team procedures, and resolve client issues.
- Drive innovation through external partnerships, manage vendor relationships, and prepare agreements.
- Appropriately assess and mitigate risk in business decisions, ensuring compliance with applicable laws, rules, and regulations, adherence to Policy, and ethical conduct.
- Work closely with other product managers, development teams, and technology partners to advance Cross Border Payments transformation and Custody product offering.
- Create client and stakeholder driven product roadmaps and strategies informed by thorough market research and competitor analysis.
- Collaborate with internal stakeholders (e.g., TTS, Sales, Trading, Technology, Legal, Compliance, Risk) to ensure product feasibility, regulatory adherence, and successful market launch.
- Manage the end‑to‑end product lifecycle for assigned FX products, from ideation to eventual retirement.
- Establish an AI first approach in problem solving and solution provision including building prototypes for client, sales and trading workflows.
- Oversee product testing, validation, and quality assurance processes.
- Stay abreast of industry trends, technological advancements, and regulatory changes in the FX market.
- Represent the firm at industry conferences, seminars, and client engagements, establishing thought leadership.
- Contribute to internal knowledge sharing and best practices within the product team.
Development Value
This is a high‑impact, high‑visibility role within Citi’s FX organization, offering a unique opportunity to partner with senior business and technology leaders. The role allows for the definition and implementation of solutions that deliver significant business value and provides the chance to collaborate with leading technologists to develop cutting‑edge solutions that enhance efficiency in trade processing and standardize risk metrics.
Knowledge / Experience
- Strong experience in a product management or business analysis role, focused on designing and delivering solutions.
- Experience working in the financial services industry.
- Proven experience managing across multi‑functional and/or global business environments.
- Direct experience in end‑to‑end project delivery, with a preference for product development.
- Proven track record of successfully launching new products and managing product lifecycles.
- Experience in identifying, negotiating, and managing strategic partnerships, ideally with FinTechs or technology providers.
Domain Knowledge
- Solid understanding of FX markets, risk management, trading mechanisms, and the regulatory landscape.
- In‑depth knowledge of FX workflow, from client‑side booking to back‑office deal flow.
- Knowledge of FX Options and Trading Risk Management.
- Understanding of direct dealing and passive execution related to FX Payments.
- Understanding of global financial regulations impacting FX, and regulation differences in local markets versus offshore.
- Understanding of Digital Assets and their impact on payment workflows.
Technical Skills
- Technically talented in Excel, with extensive experience using it for analysis.
- Familiarity with technology development methodologies.
- Knowledge of various analytical tools, including Qlikview, Tableau, and Access.
- Proficiency in data analytics tools (e.g., Python, SQL).
- Understanding of AI/ML concepts and technologies.
Education
- Bachelor’s or Master’s degree in Finance, Engineering, Computer Science, or a related technical or quantitative discipline from a top‑tier university.
Essential Skills
- Excellent written and verbal communication skills, consistently demonstrating clear and concise communication.
- Exceptional management skills, effective across team members, peers, and senior management.
- Ability to collaborate effectively and communicate clearly with team members of an organization.
- Strong analytical and conceptual thinking skills; intellectual curiosity.
- Ability to create business analysis from scratch, troubleshoot data quality issues, and conduct exploratory and descriptive analysis of business datasets.
- Comfortable with performing data investigations requiring a high degree of accuracy and operating within tight timescales.
- Demonstrated problem‑solving and decision‑making skills.
- Ability to structure and break down complex problems, develop robust solutions, and drive results.
- Attention to detail and a strong process/analytic mindset.
- Proactively seeks and develops new opportunities.
- Positive attitude and hard‑working.
- Ability to work under pressure, manage deadlines, and adapt to unexpected changes in expectations or requirements.
- Ability to work unsupervised and adjust priorities quickly as circumstances dictate.
Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.
FX Core Products EMEA Trade Services and Risk Product Manager – VP employer: Citian
Citi is an exceptional employer that fosters a dynamic and inclusive work culture, empowering employees to drive innovation in the financial services sector. With a commitment to professional growth, employees benefit from extensive training opportunities and the chance to collaborate with industry leaders on cutting-edge FX products. Located in a vibrant city, Citi offers a stimulating environment where you can make a meaningful impact while enjoying a diverse range of employee benefits.
StudySmarter Expert Advice🤫
We think this is how you could land FX Core Products EMEA Trade Services and Risk Product Manager – VP
✨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 Citian. 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 FX Core Products EMEA Trade Services and Risk Product Manager – VP
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 Citian.
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 Citian'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 Citian
✨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 Citian.
✨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 Citian 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 Citian 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.