Middle Office Product Manager, Vice President

Citigroup Inc.; London; Hybrid; GBP 70,000 - 100,000; Full time

Job summary

A leading global financial institution seeks a Middle Office Product Manager to oversee product management in Fund Services. This role demands extensive experience in the Middle Office sector, managing core products, and ensuring client satisfaction while driving business growth. If you thrive in a dynamic environment and possess strong analytical and communication skills, we encourage you to apply and join a team committed to excellence.

Benefits

Generous holiday allowance starting at 27 days plus bank holidays

Discretional annual performance related bonus

Private medical insurance packages

Employee Assistance Program

Pension Plan

Paid Parental Leave

Special discounts for employees, family, and friends

Access to an array of learning and development resources

Qualifications

• Extensive Middle Office industry experience in a Funds Services Business.
• Deep understanding of Middle Office functions like Trade Matching, Settlement and IBOR.
• Experience in Product roles is required.

Responsibilities

• Oversee day-to-day product management for core products.
• Manage client and competitor market research.
• Develop and communicate a business plan and manage product life cycles.

Skills

Analysis

Problem Solving

Communication

Client Management

Teamwork

Education

Bachelor’s degree/University degree or equivalent experience

Tools

Charles River

Aladdin

BBG AIM

Simcorp

Job description

Are you looking for a career move that will put you at the heart of a global financial institution? Then bring your skills in analysis, problem solving and communication to Citi’s Fund Services team.

By Joining Citi, you will become part of a global organisation whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.

Team/Role Overview:

The Middle Office Product Manager is a senior position within Fund Services, responsible for day-to-day product management for core products, setting strategy and providing direction within Middle Office.

The role requires a deep hands-on working knowledge of Middle Office within a Funds services business. 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.

What you’ll do:

This role will leverage broad Middle Office domain knowledge, deep experience influencing product, operations, design, and IT architecture change. Timely execution, seamless business and client change are extremely important to ensure Fund Services continues its growth path and expands its relationships with strategic clients.

• Oversee day-to-day product management for core products (Trade Matching, Settlement and IBOR) 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.
• Oversee strategic roadmap, development, launch, and marketing to gain maximum benefit from each product within Middle Office.
• Execute client value propositions, positioning, segmentation, pricing, targeting, channel strategies, and competitive differentiation to achieve preferred status as a partner to Citi clients.
• Manage client and competitor market research, develop product innovation roadmap, and address fundamental trials of product commoditization to create an advanced set of solutions.
• Oversee all aspects of program life cycle management including market demands, technology trends, and the competitive field.
• Contribute to achievement of acquisition targets, product financial performance, revenue performance, and expense management goals as well as oversee identification and execution of opportunities and gaps business plans.
• Develop and communicate a business plan to approach the marketplace, and coordinate and implement team procedures, client problem resolutions and client management.
• Help drive innovation by working with external partners/alliances to develop products, manage vendor relationships, and prepare agreements.
• 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 behaviour, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.

What we’ll need from you:

• Extensive Middle Office industry experience ideally in a Funds Services Business.
• A deep understanding of Middle Office functions such as Trade Matching, Settlement and IBOR.
• Have previous experience working in Product roles.
• Ideally have experience of platforms such as Charles River, Aladdin, BBG AIM, Simcorp.
• Experience managing across multi-function and/or global business.
• Ability to work under pressure and manage deadlines or unexpected changes in expectations or requirements.
• Ability to work unsupervised and adjust priorities quickly as circumstances dictate.
• Demonstrated analytical skills.
• Demonstrated problem-solving and decision-making skills.
• Consistently demonstrates clear and concise written and verbal communication.
• Ability to work in a team-oriented environment.
• Bachelor’s degree/University degree or equivalent experience.

What we can offer you:

We work hard to have a positive financial and social impact on the communities we serve. In turn, we put our employees first and provide the best-in-class benefits they need to be well, live well and save well.

By joining Citi London, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed), and enjoy a whole host of additional benefits such as:

• Generous holiday allowance starting at 27 days plus bank holidays; increasing with tenure
• A discretional annual performance related bonus
• Private medical insurance packages to suit your personal circumstances
• Employee Assistance Program
• Pension Plan
• Paid Parental Leave
• Special discounts for employees, family, and friends
• Access to an array of learning and development resources

Alongside these benefits Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day. We want the best talent around the world to be energized to join us, motivated to stay, and empowered to thrive.

Sounds like Citi has everything you need? Then apply to discover the true extent of your capabilities.

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Job Family Group:

Product Management and Development

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Job Family:

Product Management

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Time Type:

Full time

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Most Relevant Skills

Please see the requirements listed above.

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Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

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