At a Glance
- Tasks: Lead product management for investment funds, driving innovation and client satisfaction.
- Company: Join Citi, a global leader in financial services with a commitment to community impact.
- Benefits: Enjoy competitive salary, generous holidays, private medical insurance, and hybrid working options.
- Other info: Citi values diversity and offers extensive learning and development resources.
- Why this job: Make a real difference in the financial world while growing your career in a dynamic environment.
- Qualifications: Experience in investment funds and strong analytical skills required.
The predicted salary is between 80000 - 100000 £ per year.
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
This is a critical Product Management role working directly with the Global Head of Transfer Agency & Collective Investment Schemes (CIS), with focus on transforming our CIS business in NAM/Latam and globally. The Product Manager is responsible for managing a broad range of responsibilities, including client product requirements, new business development, contribution to the design and evolution of the platform and services, etc. The Product Manager will work closely with client organisation, technology, data and other stakeholders globally, while leading both product strategies and tactical deliverables and capabilities throughout the product life cycle to ensure agile execution, client satisfaction, compliance regulations and business risk profile, while driving continued growth.
Candidate will leverage existing knowledge and skills to materially improve and grow our offering and regional footprint, while benefiting from the opportunity to get involved in global Transfer Agency and Collective Investments Schemes business. The overall objective of this role is to coordinate the promotion of products, increase share of market, while building new generation platform capabilities.
What you’ll do
- Lead Target Operating Model design by partnering with Client Organisation, Operations and Technology to drive the design and implementation of the Global Target Operating Model for CIS, including specific NAM and Latam requirements.
- Develop and manage strategic program roadmap for assigned regions by developing and implementing roadmaps considering client experience, financial performance, risk, and scalability.
- Supervise day-to-day product management for core products across product delivery, client experience, commercial negotiations, and remove obstacles to achieve business results.
- Partner with client organisation to drive client value propositions, positioning, segmentation, pricing, targeting, channel strategies, and competitive differentiation to achieve preferred status as a partner to Citi clients.
- Develop plans and execute functional strategies for a country, multiple countries, region, or business requiring coordination and integration across units as well as provide input into strategic decisions affecting job family or function within a region or business.
- Manage client and competitor market research, develop product innovation roadmap, and address fundamental trials of product commoditization to create an advanced set of solutions.
- Ensure governance and compliance by partnering with Risk & Control teams to ensure appropriate governance for product capabilities, design, and technology changes.
- Drive towards achievement of acquisition targets, product financial performance, revenue performance, and expense management goals as well as oversee identification and execution of opportunities and gaps in business plans.
- Lead innovation by working with external partners to develop products, manage ongoing relationships, exercise control over resources, policy formation, and planning, and prepare agreements.
- Aptly 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.
What we’ll need from you
- Degree in Business Administration, Finance, specialized analytics or related discipline.
- Extensive industry experience in investment funds product creation and/or distribution, with EU-US cross-border experience and global awareness, and preferably platform building experience.
- Demonstrated experience in business process and technology architecture engineering/implementations, particularly in Financial Services solutions.
- Understanding of emerging products and required capabilities including digital assets, crypto currencies, and tokenization.
- Ability to work under pressure and manage deadlines or unexpected changes in expectations or requirements.
- Disciplined and comfortable with ambiguity, with the maturity to interact and influence effectively across multiple levels in a global organisation.
- Exceptional communication and presentation skills, capable of clearly articulating a long-term vision to clients and across the company.
- Demonstrated strategic, analytical, and problem-solving abilities.
- Ability to work in a team-oriented environment.
What we can offer you
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 discretionary 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.
Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.
Funds Creation and Distribution Product Manager (Senior Vice President) employer: Citigroup, Inc.
Citi is an exceptional employer that prioritises the well-being and growth of its employees, offering a dynamic work environment in London with a hybrid working model. With a competitive salary, generous holiday allowance, and comprehensive benefits including private medical insurance and a robust Employee Assistance Program, Citi fosters a culture of inclusivity and support, empowering employees to thrive while making a positive impact on the communities they serve.
StudySmarter Expert Advice🤫
We think this is how you could land Funds Creation and Distribution Product Manager (Senior Vice President)
✨Tip Number 1
Network like a pro! Reach out to connections in the finance and investment sectors, especially those who work at Citi or similar firms. A friendly chat can open doors that applications alone can't.
✨Tip Number 2
Prepare for interviews by diving deep into Citi's values and recent projects. Show us you’re not just another candidate; demonstrate how your experience aligns with our mission to drive growth and innovation.
✨Tip Number 3
Practice your pitch! Be ready to articulate your vision for the Funds Creation and Distribution role. We want to hear how you plan to enhance client value and drive product innovation.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets the attention it deserves. Plus, it shows you’re serious about joining our team.
We think you need these skills to ace Funds Creation and Distribution Product Manager (Senior Vice President)
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Funds Creation and Distribution Product Manager role. Highlight your relevant experience in investment funds product creation and distribution, and don’t forget to showcase your strategic and analytical skills!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for this role at Citi. Mention specific projects or experiences that align with the job description and show your passion for transforming the CIS business.
Showcase Your Communication Skills:Since exceptional communication is key for this role, make sure your application reflects your ability to articulate complex ideas clearly. Use concise language and structure your documents well to demonstrate your communication prowess.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way to ensure your application gets the attention it deserves, and you’ll be one step closer to joining our amazing team at Citi!
How to prepare for a job interview at Citigroup, Inc.
✨Know Your Product Inside Out
As a Funds Creation and Distribution Product Manager, it's crucial to have a deep understanding of investment funds and their lifecycle. Brush up on the latest trends in digital assets and tokenisation, as well as the specific needs of the NAM and Latam markets. This knowledge will help you answer questions confidently and demonstrate your expertise.
✨Showcase Your Strategic Thinking
Prepare to discuss how you've developed and managed strategic roadmaps in previous roles. Be ready to share examples of how you've driven product innovation and client value propositions. Highlight your ability to assess risks and make informed decisions that align with business goals.
✨Communicate Clearly and Effectively
Exceptional communication skills are key for this role. Practice articulating complex ideas simply and clearly. Think about how you can present your long-term vision for the product and how it aligns with Citi's mission. Use examples from your past experiences to illustrate your points.
✨Demonstrate Team Collaboration
This position requires working closely with various stakeholders. Prepare to discuss how you've successfully collaborated with cross-functional teams in the past. Share specific instances where your teamwork led to successful outcomes, showcasing your ability to influence and engage others effectively.