Vacancy caducado!
The Core Custody Product team focuses on developing custody products for the Custody business lines, both Hub and Domestic. Citi provides settlement, custody and asset servicing solutions to investor clients through a global network of sub custodians. The domestic business provides clearing, settlement, custody & asset servicing to global financial institutions through a proprietary branch network spanning Asia, EMEA and the Americas.The Core Custody Product team are seeking a strong Product Development team member in NAM region who can work within the asset servicing team ensuring it meets its goals of supporting both custody businesses by focusing on the development of Asset Servicing capabilities globally.Job Background/context:The individual will work with the Core Custody Asset Servicing Product team. Working closely with business, legal, risk and operational partners’ for Custody in identifying and implementing product changers/enhancements in line with business, regulatory and market mandatory requirements. Actively participate in Industry forums to ensure that Citi is kept abreast of market changes and that Citi views are represented.Key Responsibilities:
Help drive the Core Custody Asset Servicing team to ensure it meets its goals as agreed with the Custody business
Agree product development priorities as part of the annual plan with Custody business owners
Understand, communicate and implement global product strategies with primary focus on product extensions
Work closely with global asset servicing re platforming project team to ensure platform is developed and rolled out in line with business requirements
Help define new product scope
Work closely with operations and technology to create detailed Business Requirements Documentation defining core product functionality based on client demand, market/regulatory requirement or long-term strategic objectives
Ensure products developed and implemented in line with business requirements
Work with other internal partners (risk, legal, compliance etc) to ensure all new product developments meet internal business approval requirements
Act as senior point of escalation for the Custody businesses for all product related issues
Support relationship and sales teams acting as product expert when discussing new opportunities with clients
Support the implementation of "pilot" clients where required, ensuring documented processes and procedures are in place
Keep abreast of market trends and client needs working closely with clients and coverage organisations.
Review and influence/lobby local markets to follow industry standards re transparency and key data elements. Ensure Citi platforms are able to support and complement said enhancements
Participate in relevant industry governing bodies
Development Value:The role will involve obtaining a detailed understanding of both Global and Direct Custody businesses from a product and client base perspective. Working alongside different parts of the bank from the individual branches and regional hubs to understanding new market requirements and liaising with clients to understand how this fits in with client demand/requirements. In addition candidates will develop a strong understanding of the risk and legal implications of relevant product developments to ensure that such risks can be quantified and mitigated where possible.Knowledge/Experience:
Strong securities background with specific focus on asset servicing
Good inter-personal and communications skills
Proven client facing experience beneficial
Background in operational processes, technology platforms and front office activities
Skills:
Ability to analyse different processes and identify inherent risks
Good inter-personal and communications skills
Both a strong team player plus self starter
Creative and resourceful problem solving
Proven project management and implementation skills
Strong influencing skills and ability to interact with various levels of management
Competencies:
Thought leadership
Strong interpersonal skills, written and verbal communication
Team-oriented and focus on contributing to the team effort
Must be details-oriented, self starter and ability to work independently
Influencing ability
Education:
Bachelor’s degree/University degree or equivalent experience
Job Family Group:Product Management and DevelopmentJob Family:Product ManagementTime Type:Full timePrimary Location:New York New York United StatesPrimary Location Full Time Salary Range:$98,960.00 - $148,440.00In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.Anticipated Posting Close Date:Aug 16, 2024Citi 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.Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi (https://www.citigroup.com/citi/accessibility/application-accessibility.htm) .View the "EEO is the Law (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf) " poster. View the EEO is the Law Supplement (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/OFCCPEEOSupplementFinalJRFQA508c.pdf) .View the EEO Policy Statement (http://citi.com/citi/diversity/assets/pdf/eeoaapolicy.pdf) .View the Pay Transparency Posting (https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp%20EnglishformattedESQA508c.pdf)Citi is an equal opportunity and affirmative action employer.Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.
Vacancy caducado!