VP FX Product Specialist, Execution Services, Securities Services - New York, NY, United States - Citi

Description

The FX Product Specialist is responsible for strategy, platform, client delivery and profitable growth of the business unit. Additionally, this role will be responsible for the development of product plans, strategies, and tactics while coordinating product lines through product life-cycles in coordination with the broader Product Management team. The overall objective of this role is to coordinate the promotion of products to develop new markets, increase share of market, achieve profitable growth and obtain competitive position.

Responsibilities:

• Manage the lifecycle strategy from acquisition through early client engagement and implement strategies to optimize portfolio performance
• Assess relevant customer, competitor, and industry insights to help define strategies to improve client experience and portfolio growth and align product innovation roadmap to create advanced solutions for clients
• Advise and provide insight and recommendations on innovative and strategic product development, product targeting, and segmentation strategies as well as direct and oversee aspects of product development life cycle management including market demands, technology trends, and the competitive field
• Provide subject matter expertise and execute on core marketing disciplines such as product development, price, promotions, platform and pillars, launching, and marketing to improve client experience and portfolio growth
• Oversee product financial performance including identifying opportunities and gaps, contributing to achievement of acquisition targets, developing business strategies and achieving expense management goals.
• Work with Operations and Technology with regards to process design and vendor procurement as well as communicate business plans on marketplace approach
• Input to the global strategic roadmap, development, launch, and marketing to gain maximum benefit from each product
• Participate in budgeting and planning for strategic priorities and initiatives
• Contribute to day-to-day product management for core products such as product delivery, client experience, and client communication strategies as well as help the team prioritize, negotiate, and remove obstacles to achieve business results
• Develop plans and execute functional strategies for a country, multiple countries, cluster, 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
• Appropriately 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.

Qualifications:

• 6-10 years of relevant experience
• Experience working in cross-functional team and/or global business achieving high value business goals
• Functional experience in product management, specialist sales or product development
• Demonstrated experience driving business innovation, leveraging management information, and data analytics to drive results
• Demonstrated knowledge of product development, financial acumen, and technology investment processes with experience in FX and or Custody
• Ability to work in a team-oriented environment, to establish rapport, motivate teams, invite contributions, and build consensus
• Ability to work unsupervised and adjust priorities quickly as circumstances dictate
• Ability to work under pressure and manage deadlines or unexpected changes in expectations or requirements
• Demonstrated problem-solving and decision-making skills
• Demonstrated analytical and influencing skills
• Consistently demonstrates clear and concise written and verbal communication

Proven skills in:

• Client engagement -in the Asset Managers, Asset Owners and Banks/Intermediaries sectors
• Market awareness - factors driving our clients' priorities and our competitors' behaviour in the Securities Services FX segment
• Regulatory understanding - familiarity with Dodd Frank, EMIR and other regulations directly or indirectly driving Foreign Exchange priorities
• Subject matter expertise - good understanding of related fields such as cash, custody or fund administration, in addition to a strong background in foreign exchange
• Planning and management - rigorous approach to prioritization and project management
• Service model design - partnering with operations and technology to create effective and scalable service models
• Revenue generation - track record in leading or supporting business development
• Risk awareness - vigilance for factors driving risk to the firm and to clients
• Results orientation - continued focus on delivery against goals

Education:

• Bachelor's degree/University degree or equivalent experience
• Candidates for this role are likely to be currently working in a foreign exchange product or sales role, either for a custodian bank or a technology provider and will have 3+ years' exposure to foreign exchange

Job Family Group:
Product Management and Development


Job Family:
Product Management


Time Type:
Full time


Primary Location:
New York New York United States


Primary Location Salary Range:
$129, $194,760.00


Citi is an equal opportunity and affirmative action employer.

Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

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