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Product Development & Innovation VP

London, United Kingdom | Citi Private Bank

  • Industry:
    Financial Services
  • Position Type:
  • Functions:
    Product Development
  • Experience:
    7-10 years
Job Description:
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The management of capital, liquidity, collateral and balance sheet is a key area of focus for senior management, recognized as being among the most significant challenges currently faced by the banking sector. As a firm, our ability to effectively lead our businesses in these areas will be a significant determinant of our future competitiveness.

Financial Resources Management (FRM) provides in-business leadership on capital, liquidity and collateral efficiency across the Institutional Clients Group. The team exists to solve complex problems, concentrating on regulatory & capital optimization opportunities to support the business strategy of the Institutional Clients Group (ICG) franchise. This broad mandate includes driving business strategy for capital management, advising senior management and clients on implications of regulatory change and strategic priorities, coordinating advocacy efforts, and leading and participating in cross-business and cross-functional working groups to deliver improved data, calculation and management processes related to capital, collateral and liquidity.

In this role you will be part of a fast-paced, team-oriented meritocracy where everyone has a voice and your ideas could have a powerful, immediate impact. The team's primary focus is developing and executing strategies geared toward optimizing resource efficiency across our all our ICG businesses by engaging in analytical and advocacy efforts. The team is actively involved in analytical and advocacy efforts related to regulatory developments with implications for capital. Key benefits include development of specialized capital knowledge, experience developing and executing complex analytical processes, exposure to senior leadership and multiple products across our ICG group, and working in a rewarding, creative, and dynamic environment.

Markets & Securities Services Product Development & Innovation

As a core member of the MSS Product Development & Innovation team, you will be responsible for contributing to the financial resources optimization mandate by identifying areas of opportunity across MSS and driving projects to capture those opportunities. You will be responsible for prototyping new capital management capability and coordinating across multiple organizations and several different projects to drive strategic execution. You will develop a strong partnership with technology and businesses to leverage resources effectively across the FRM program portfolio. Your efforts will create efficiencies and facilitate development of multi-businesses tools to allow senior leadership greater transparency and capability for strategy and planning.

Key Competencies:

Acumen & Communication

Strong ability to manage, prioritize, and communicate within a team

High degree of self-advocacy, motivation, and development

Highest level of professionalism and business acumen

Creative Problem Solving

Ability to understand complex ideas and problems in a fast-paced multi- product environment

Strong ability to identify, communicate, and advocate for solutions at both high and granular levels

Ability to design data-driven technology solutions to create actionable information

Superior attention to detail, accuracy, and scope

Partnership & Collaborative Success

Appetite to partner with other stakeholders in the firm to drive objectives to delivery

Strong interpersonal skills to identify and resolve conflict to mitigate roadblocks

Ability to advocate for the team’s interest and priorities, while putting the firm first

Technical Skills

Strong ability to develop analysis, interpretation, and presentation

Ability to understand and learn new systems quickly and maximize the potential of available tools


Preferred Bachelor's degree and significant qualifications in Computer Science, Financial Engineering, Information Technology, Data Science, Business, Engineering, or other related field

7+ years relevant experience in the Financial Services industry or Technology Development

Analytical aptitude regarding data science and quantitative strategies

Proven ability to create quantitative analysis capabilities leveraging programming skills including advanced SQL, Python, object oriented software design, etc.

Expertise in large scale data management and working with data analytical tools, such as QlikView or Tableau

Ability to define business and functional requirements as well as design and execute solutions

A demonstrated history of delivering on initiatives

Proven ability to manage and coordinate large scale technological projects

A strong knowledge of Basel III legislature as well as relevant upcoming regulatory reform

Ability to coordinate processes and work as part of multiple teams across a firm

An ability to manage personal workload and agenda independently but in alignment with the priorities of the business unit

Ability to work under pressure in a highly professional Front Office environment

Additionally, the candidate should have an appetite to develop a detailed understanding of the following areas:

ICG Products and Services

ICG Support Operations and Technology Systems Architecture

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