Product Manager Complex Assets - VP

Citi; Boston (MA); On-site; USD 123,000 - 185,000; Full time

Job summary

Citi in Boston seeks a senior Complex Assets Product Manager to lead product strategy and lifecycle for complex financial instruments, including OTC derivatives and Portfolio Swaps. You will drive cross-functional execution, coordinate with product teams, risk and operations, and influence client value propositions while ensuring compliance and strong stakeholder communication.

The role requires 6–10 years of relevant experience and deep technical understanding of multi-asset derivatives to

Qualifications

• 6-10 years of relevant experience.
• Extensive Complex Assets/Derivatives experience in product management.
• Deep technical understanding of multi-asset OTC derivatives and lifecycle events.
• Proven knowledge of Portfolio Swaps and Exchange Traded Derivatives.
• Defined economic data requirements for financial instruments.
• Understanding derivative market conventions and data models.
• Experience across multi-function/global business.
• Ability to work under pressure and manage deadlines.
• Strong written and verbal communication.
• Team-oriented mindset.

Responsibilities

• Oversee strategic roadmap, development, launch and marketing for each product.
• Oversee day-to-day product management for core products and client communication strategies.
• Execute client value propositions, segmentation, pricing, and channel strategies.
• Develop country/regions plans and coordinate across units.
• Manage client and competitor market research and product innovation roadmap.
• Oversee all aspects of program life cycle management including tech trends.
• Contribute to acquisition targets, revenue and expense management goals.
• Develop and communicate a business plan to approach the marketplace.
• Drive innovation with external partners and vendor relationships.
• Assess risk and ensure compliance and ethical standards.

Skills

Complex Assets

Derivatives

Product Management

OTC Derivatives

Portfolio Swaps

Analytical skills

Problem-solving

Written and verbal communication

Education

Bachelor’s degree

Master’s degree

Job description

The Complex Assets Product Manager is a senior position within Product Management, responsible for day-to-day product management for complex financial instruments, setting strategy, and providing direction within the Complex Assets domain.

The role requires a deep hands-on working knowledge of Complex Assets, including OTC derivatives, Exchange Traded Derivatives, and Portfolio Swaps, within a financial 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.

This role will leverage broad Complex Assets domain knowledge, deep experience influencing product, operations, design, and IT architecture change. Timely execution, seamless business and client change are extremely important to ensure continued growth and expansion of relationships with strategic clients in the complex assets space.

What You’ll Do

• Oversee strategic roadmap, development, launch, and marketing to gain maximum benefit from each product
• Oversee 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
• Execute client value propositions, positioning, segmentation, pricing, targeting, channel strategies, and competitive differentiation to achieve preferred status as a partner to Citi clients
• Develop plans and execute functional strategies for a country, multiple countries, region, 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
• 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 behavior, 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

• 6-10 years of relevant experience
• Extensive Complex Assets/Derivatives industry experience, ideally in a Product Management capacity within financial services.
• Deep and technical understanding of multi-asset class OTC derivatives, including their lifecycle events (intrinsic and extrinsic), with consideration for service level offerings impacting Fund Accounting and Middle Office.
• Proven knowledge of Portfolio Swaps and Exchange Traded Derivatives.
• Demonstrated experience in defining economic minimum data requirements for financial instruments.
• Solid understanding of derivative technical market conventions, data models, and the ability to address market events affecting valuation and processing.
• Previous experience working in Product Management roles focused on financial instruments.
• 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
• Consistently demonstrates clear and concise written and verbal communication
• 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

Education

• Bachelor’s degree/University degree or equivalent experience
• Master’s degree preferred

Job Family Group

Product Management and Development

Job Family

Product Management

Time Type

Full time

Primary Location

Boston Massachusetts United States

Primary Location Full Time Salary Range

$123,360.00 - $185,040.00

In 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.

Most Relevant Skills

Please see the requirements listed above.

Other Relevant Skills

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

Automated Processing and AI

We use automated processing, including artificial intelligence, for our legitimate business interests (or our reasonable and appropriate business purposes) to identify and align the candidate’s skills and abilities with a specific job opening. Additionally, if you so choose, or consent, we can match your skills and abilities to other suitable roles at Citi.
Importantly, all our hiring processes and decisions, including determining your suitability for a role, are conducted, checked, and decided by individuals. Our automated processing and AI do not involve relying on automatic or autonomous decision-making. Please refer to any Jurisdictional Considerations, with specific provisions for your country (where relevant) for further details.
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