Global Head of Product Development; Liquidity Management Services

The Global Deposit & Investments (D&I) product group is responsible for product strategy, development and commercialization for On Balance Sheet Deposit/Overdraft and Off Balance Sheet short term investment solutions. Currently the group manages solutions including Interest Bearing and Non-Interest Demand Deposit Accounts, Global Pricing Engine, Client Money Accounts, DACA/Pledge Accounts, Fixed and Extended Term Deposits, Earnings Credit Rate Accounts, Citi Interest Optimization and Online Investments Money Market Funds across 90+ markets where TTS operates.

As the Liquidity Management Services (LMS) business embarks on a complex, multi-year transformation program to realize the business vision of a Real-Time, Intelligent, Responsive and Global network, it is necessary and timely to evolve and grow the product development practice which will be relied upon to progress our innovation agenda. As such, LMS is seeking a Global Head of Product Development, reporting to and supporting the Global Head of D&I Product in the oversight of Strategy Execution, Product Development and Cap Ex budgeting/prioritization for the entire portfolio of D&I products.

The Product Developer is a strategic professional who closely follows latest trends in own field and adapts them for application within own job and the business. Recognized subject matter expert within one area. Strong commercial awareness is a necessity. Is an acknowledged authority both within and outside area of expertise. Typically a small number of people within the business that provide the same level of expertise.

Excellent communication skills required in order to negotiate internally, often at a senior level. Some external communication is typically required. Provides advanced judgment and conducts in-depth quantitative or qualitative analysis to solve problems and develop new, innovative solutions. Required to think beyond existing solutions, assumptions or current knowledge of sophisticated areas. Significant impact on a function and/or the business through making decisions that determine technical approaches and strategies for the area.

• The Product Developer 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 manages the end-to-end product development lifecycle and will also scope product releases, agreeing to and tracking business priorities, incorporating regulatory and compliance requirements and investment tracking
• This role will also define and manage product development processes, scope product releases, identify new opportunities to address business priorities, incorporating regulatory and compliance requirements and investment tracking
• Creates a product vision aligned to business priorities and corresponding road‑map to delivery
• Follows market, industry and client trends to own field and adapts them for application Citi’s products and solutions platforms
• Conceptualizes, plans, prioritizes, coordinates design and delivery of products or features to product release, and serves as product ambassador within user community
• Works in close co‑ordination with Technology, Business Managers, Sales and senior stakeholders to fulfill the delivery objectives
• Manages and implements a wide variety of products and solutions
• Has responsibility to deliver significant direct business results and authoritative advice regarding product development that necessitates a degree of responsibility over technical strategy
• Partners with senior business leaders and a widely distributed global user community to define and implement solutions
• Creates clear and specific project plans, business and technical requirements documents for product execution
• Has direct interaction with business managers, technology, and sales to understand their long term vision, discuss industry trends, and incorporate them into the product & solutions strategy
• Focuses on controls and governance,…