At a Glance
- Tasks: Lead innovative FX product management for cross-border payments and custody solutions.
- Company: Join Citi, a global leader in financial services with a dynamic work culture.
- Benefits: Enjoy competitive salary, comprehensive benefits, and opportunities for professional growth.
- Other info: Collaborate with diverse teams and clients in a fast-paced environment.
- Why this job: Shape the future of finance while driving impactful product transformations.
- Qualifications: Extensive experience in FX product management and strong strategic thinking skills.
The predicted salary is between 99000 - 121000 £ per year.
The Global FX Operations Product Management team sits within the FX Operations team in Markets. This team is responsible for partnering with stakeholders front to back within FX and other divisions within Citi in delivering FX solutions to clients leveraging Citi's significant FX franchise. Specifically, the team partners with the Treasury and Trade Solutions (TTS), and Securities Services organisations with supporting FX capabilities.
Citi's Cross Border Payments franchise supports clients in 120+ currencies through a variety of payment rails, pricing styles and workflow solutions. With one of the largest FX franchises and onshore local markets capability and reach, this role represents a significant opportunity to contribute directly to Citi's strategic objectives, shaping the future of financial services. This area is going through significant platform transformation and is critical to Citi's strategic initiative in FX.
We are seeking a highly motivated and experienced FX Payments product manager to join our FX Operations Product Management team focused on supporting, transforming and growing the Cross Border Payments and Custody FX business. This role will be instrumental in driving the strategic development, management, and execution of FX Operations systems and process that support FX Payments activity. The successful candidate will play a key role in identifying market opportunities, fostering strategic alliances, and delivering cutting-edge FX products that meet the evolving needs of our clients and enhance our competitive position.
Key Responsibilities
- Strategic Product Development & Innovation: Identify, evaluate, and prioritize new FX product opportunities and innovation initiatives focused on Cross Border Payments and Custody, aligning with the overall business and operations strategy. Work closely with other product managers, the product development team, technology and partners to deliver the transformation journey. Working with management, business and other partners to create client driven product roadmaps and strategy informed by market research and competitor analysis. Collaborate with internal stakeholders (e.g. TTS and Securities Services, Sales, Trading, Technology, Legal, Compliance, Risk) to ensure product feasibility, regulatory adherence, and successful launch.
- Clients & Partnership Management: Work closely with select clients in partnership with different business units to create compelling solutions. Source, evaluate, and establish strategic partnerships with Citi's Services business, technology providers, and other external entities that can enhance our FX product offering. Develop and maintain strong relationships with partners, fostering collaborative environments for joint product development and go-to-market strategies. Monitor partnership performance and identify opportunities for optimization and growth.
- Product Lifecycle Management: Manage the end-to-end product lifecycle for assigned FX products, from ideation to launch, growth, and eventual retirement. Work with product managers and developers to elaborate requirements and build cutting edge FX products suitable for Payments. Oversee product testing, validation, and quality assurance processes. Monitor product performance, gather client feedback, and iterate on product features and enhancements. Ensure products comply with all relevant internal policies and external regulations.
- Market Intelligence & Thought Leadership: Stay abreast of industry trends, technological advancements, and regulatory changes impacting the FX market. Represent the firm at industry conferences, seminars, and client engagements, positioning as a thought leader. Contribute to internal knowledge sharing and best practices within the FX product team.
Qualifications
- Education: Bachelor's degree in Finance, Engineering, Computer Science, or a related field.
- Experience: Extensive experience in product management within the financial services industry, with a strong focus on foreign exchange (FX) products. Solid understanding of FX markets, risk management, trading mechanisms and regulatory landscape. Cross currency payments FX and/or Custody FX experience required. Knowledge of operational processes, payment systems, payment rails, payment methods and treasury workflows. Understanding of regulation differences in local markets vs offshore. Proven track record of successfully launching new products and managing product lifecycles.
- Skills: Strategic Thinking, Product Management Expertise, Relationship Management, Communication, Technical Acumen, Leadership, Results-Oriented, Technology.
Preferred Skills
- Knowledge of global financial regulations impacting FX.
- Experience in cross border FX and/or Custody FX payments transformation.
- Understanding of Digital Assets, and how they impact payment workflows.
- Data analytics e.g. python, SQL.
Senior Vice President, FX Operations Product Management Lead – Cross Border Payments & Custody FX in London employer: CitiGroup
Citi is an exceptional employer that offers a dynamic work environment where employees can thrive and make a significant impact in the investment banking sector. With a strong focus on professional development, team collaboration, and community engagement, associates are empowered to grow their careers while contributing to meaningful projects within the Consumer, Luxury & Retail team. Located in a vibrant city, Citi provides unique opportunities for networking and exposure to leading global consumer players, making it an ideal place for ambitious professionals seeking rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Vice President, FX Operations Product Management Lead – Cross Border Payments & Custody FX in London
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We think you need these skills to ace Senior Vice President, FX Operations Product Management Lead – Cross Border Payments & Custody FX in 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 CitiGroup.
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 CitiGroup'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 CitiGroup
✨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 CitiGroup.
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Since this is a full-time position, employers at CitiGroup 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 CitiGroup 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.
