Product Development Senior Group Manager - (Director) in London

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.

Successful applicants would need:

• 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

• 27 days annual leave (plus bank holidays).
• A 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.

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.