• Competitive
  • New York, NY, USA
  • Permanent, Full time
  • Citi-US
  • 2019-04-21

TTS NAM Liquidity Management Services (LMS) Product & Balance Sheet Management Head

TTS NAM Liquidity Management Services (LMS) Product & Balance Sheet Management Head

  • Primary Location: United States,New York,New York
  • Education: Bachelor's Degree
  • Job Function: Product Management
  • Schedule: Full-time
  • Shift: Day Job
  • Employee Status: Regular
  • Travel Time: Yes, 10 % of the Time
  • Job ID: 19004902


Description

About Citi

Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Our core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of our clients.

Citi's Mission and Value Proposition explains what we do and Citi Leadership Standards explain how we do it. Our mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. We strive to earn and maintain our clients' and the public's trust by constantly adhering to the highest ethical standards and making a positive impact on the communities we serve. Our Leadership Standards is a common set of skills and expected behaviors that illustrate how our employees should work every day to be successful and strengthens our ability to execute against our strategic priorities.

Diversity is a key business imperative and a source of strength at Citi. We serve clients from every walk of life, every background and every origin. Our goal is to have our workforce reflect this same diversity at all levels. Citi has made it a priority to foster a culture where the best people want to work, where individuals are promoted based on merit, where we value and demand respect for others and where opportunities to develop are widely available to all.

Key Responsibilities:
  • Deliver revenue, net income, deposits, market share, awards, voice of the client (VOC) and voice of the employee (VOE) survey excellence, meeting or exceeding annual targets. 
  • Lead, coach and develop team of six product management, balance sheet management and investment desk professionals, inspiring them to achieve stellar results and attracting and retaining superior talent.
  • Determine and execute three year strategy for NAM LMS business along four pillars of Digitization, Analytics, Deposits & Investments transformation and Global Liquidity network. Collaborate with Market Managers and Sales to determine gaps and needs with respect to client functionality.
  • Build new capabilities for NAM market, and optimize and digitize existing products and processes, enhancing client and employee experience, working alongside Global LMS and other Core Cash Product teams.
  • Manage customer pricing and processes to adjust deposit pricing and maximize net interest margin through the rate cycle.
  • Lead annual review and update of country Product Approval Program (PAP) addenda.
  • Work with NAM Market Managers and Coverage to manage launch of new products through training, marketing materials & client welcome kits.
  • Lead and oversee the NY investment desk, responsible for growing time deposits, money market funds and brokered deposits.
  • Work with In-business Control to stay on top of risk and regulatory (e.g., Basel III, FDIC 370) topics, ensure robust controls and to manage periodic audits.
  • Work with Finance and Treasury to create annual financial plan, mid-year forecasts, regular outlooks and CCAR deliverables for market tied to key drivers and existing and potential customers. 
  • Lead creation of Quarterly Business Review presentation and take active role in presenting to senior management.
  •  Analyze balance sheet and determine areas for further optimization, and lead revenue and expense initiatives.
  • Work with ICG/TTS Treasury team to implement optimization strategies, including maximization of base NRFF, Hedge & LP revenue.


Qualifications

  • 10+ years relevant work experience
  • Product management experience; familiarity with deposit and investment products
  • Exceptional interpersonal, organizational and communication skills; resilience; teamwork and collaboration
  • Ability to manage and influence within a matrix organization
  • Capacity to proactively anticipate, identify and resolve issues
  • Self-motivated and goal orientated
  • Highly organized and responsive
  • Strong project management and Microsoft Office (Excel, PowerPoint, Word) skills
  • Bachelor's Degree required, MBA preferred