IT Product Owner - SVP

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.

As a bank with a brain and a soul, Citi creates economic value that is systemically responsible and in our clients’ best interests. As a financial institution that touches every region of the world and every sector that shapes your daily life, our Operations & Technology teams are charged with a mission that rivals any large tech company. Our technology solutions are the foundations of everything we do from keeping the bank safe, managing global resources, and providing the technical tools our workers need to be successful to designing our digital architecture and ensuring our platforms provide a first-class customer experience. We reimagine client and partner experiences to deliver excellence through secure, reliable, and efficient services

Citi’s Functions Technology is responsible for delivering Technology solutions to Citi's Functions organizations. Functions Technology mission is to optimize Citi's Technology environment by delivering world class applications, driving standardization of the production environment, reducing complexity, optimizing management of systems supporting global functions such as Compliance, Controls, Internal Audit and Risk, and introducing innovative technologies that provide new business capabilities, reduce the technology total cost of ownership, and create a competitive advantage for Citi.

Job Overview

The IT Product Owner is a responsible for managing a broad range of Product Management employees, setting strategy, and providing direction, leadership and budgetary management, etc. Additionally, this role will be responsible for the development of product roadmaps, product plans, strategies, and tactics while coordinating product lines through product life-cycles in coordination with the broader Product Management team. The overall objective of this role is to coordinate the promotion of products to develop new markets, increase share of market and obtain competitive position.
 

Responsibilities:

• Manage a team of Technical Product Specialists

• Initiate the development process, documents project scope, product vision, prioritizes user stories, sets feature level priorities conducts demos and walkthroughs

• Holds themselves and Business Analysts accountable for writing stories/tasks that meet the Definition of Ready

• Drive alignment of peer Product teams and coordinates with / understands Stakeholder priorities to act as the voice of the customer

• Create, prioritize, and maintain a product backlog 

• Performs/oversees user acceptance testing to identify and remedy defects and approves final testing results

• Has relevant business expertise and sufficient technology literacy 

• Manage the strategic product development and/or existing product enhancement roadmap as well as program development including program launch and marketing to gain maximum benefit from each product

• Leverage internal/external partners and subject matter expertise to innovate and define new products/solutions as well as direct and oversee aspects of product development life cycle management including market demands, technology trends, and the competitive field

• Participate in formulation of strategies around resource allocation between traditional research and analytics solutions, and data focused solutions

• Manage the creation and negotiation of client agreements, Service Level Agreements (SLAs), and/or vendor contracts, manage and communicate business plans on market approach, and manage short-term resource planning

• Interface with operations and technology for process design and vendor procurement

• 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.

Qualifications:

• 10+ years of relevant experience in IT Product Management

• Experience leading cross-functional team to define and achieve high value business goals

• Diverse functional experience (e.g. marketing, credit, acquisitions, product development, analytics)

• Demonstrated experience driving business innovation, leveraging management information, and data analytics to drive results

• Experience in scenario development and forecasting as well as experience serving clients

• Demonstrated knowledge of product development, financial acumen, and investment processes across asset classes

• Ability to work unsupervised and adjust priorities quickly as circumstances dictate

• Ability to work under pressure and manage deadlines or unexpected changes in expectations or requirements

• Demonstrated problem-solving and decision-making skills

• Demonstrated analytical and influencing skills

• Consistently demonstrates clear and concise written and verbal communication

Education:

• Bachelor’s degree/University degree or equivalent experience

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Job Family Group:

Technology

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Job Family:

Technology Project Management

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Time Type:

Full time

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Primary Location:

Rutherford New Jersey United States

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Primary Location Full Time Salary Range:

$163,600.00 - $245,400.00

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.

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Anticipated Posting Close Date:

Nov 11, 2024

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Citi 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.

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