Product Developer - Director, Citi Marks

The Product Developer is a strategic professional responsible for shaping the future of Citi Marks, an independent price verification and mark-to-market service for institutional clients. This role requires a recognized subject matter expert in Spread Products and financial technology who closely follows the latest industry trends and adapts them for application within the Citi Marks platform. The ideal candidate will be an acknowledged authority on product development, demonstrating strong commercial awareness and the ability to translate complex business objectives into a clear, actionable technology roadmap.

This position involves providing advanced judgment and in-depth analysis to solve complex problems and develop innovative solutions for the Citi Marks service, which provides valuations for complex fixed-income instruments. The role requires thinking beyond existing solutions to enhance our offering and provide delivery capabilities via a modern technology stack (API, Snowflake, AWS). The Product Developer will have a significant impact on the function and the business, making key decisions that determine the technical approaches and strategies for expanding the Citi Marks platform across new asset classes and enhancing its regulatory compliance capabilities, particularly concerning SEC Rule 2a-5 and ASC Topic 820.

The Product Developer will be a key leader in the Citi Marks initiative, with responsibilities including:

• End-to-End Product Lifecycle Management: Manage all activities related to the development of new products, features, and functionality for the Citi Marks platform. This includes developing business cases, defining requirements (BRDs), and driving innovation based on market research, client needs, and strategic business priorities.
• Strategic Vision and Roadmap: Create and maintain a product vision aligned with the Citi Marks 2027 Strategic Initiatives. Develop and manage the corresponding roadmap for delivery, covering the expansion across Spread Products.
• Technology and Platform Development: Partner with the technology team to guide the development of the Citi Marks infrastructure. This includes enhancements to the core offering and building out delivery mechanisms such as the RESTful API, Snowflake data sharing, and AWS cloud infrastructure.
• Requirements Definition: Create clear, specific project plans, business requirements, and technical requirements documents for product execution.
• Stakeholder Collaboration: Work in close coordination with Technology, Business Managers, Sales, Valuation teams, and senior stakeholders to fulfil delivery objectives. Partner with senior business leaders and a widely distributed global user community to define and implement solutions.  Engage directly with Clients to ensure that the platform evolves to their growing needs.
• Market and Industry Analysis: Follow market, industry, and client trends in independent price verification and mark-to-market services. Adapt these trends for application within Citi's products and solutions platforms to maintain a competitive edge.
• Governance and Risk Management: Focus on controls and governance, including performing Need-to-Know based security reviews, and ensuring the platform's features facilitate client compliance with regulations like SEC Rule 2a-5. Appropriately assess risk when making business decisions, safeguarding Citigroup, its clients, and assets.

• Experience:
  • 15+ years of experience in product management, financial services, or fintech, including 8-10+ years of managerial experience.
  • Proven track record of successfully managing and delivering complex products in a large, global organization.
  • Subject Matter Expertise: Deep understanding of fixed income, particularly Spread Products (CLO, ABS, CMO, CMBS, RMBS, etc.). Familiarity with valuation methodologies, market data, and the competitive landscape is essential.

• Skills:
  • Product Management: Process Management knowledge with a propensity for detail and comprehensiveness of content. Experience leading large cross-functional initiatives and managing end-to-end product lifecycles.
  • Technical Acumen: Strong understanding of modern technology platforms and data architecture. Experience with API development, cloud platforms (AWS), data warehousing (Snowflake), and machine learning applications in a financial context is highly desirable.
  • Regulatory Knowledge: Familiarity with financial regulations related to fair value reporting, such as SEC Rule 2a-5, and the concept of Independent Price Verification (IPV).
  • Analytical and Problem-Solving: Excellent analytical, interpretive, and problem-solving skills with a proven ability to conduct in-depth quantitative and qualitative analysis.
  • Leadership and Communication: Excellent communication skills to negotiate internally at a senior level and collaborate effectively with diverse global teams. Proven ability to establish and maintain senior client relationships.
  • Strategic Thinking: A strategic and innovative thinker with intellectual curiosity and the ability to conceptualize, plan, and prioritize. Proven track record as a change agent who can encourage and embrace new ideas.

• Preferred Knowledge:
  • Knowledge of forecasting platforms, database management, and specific valuation tools is preferred.
  • Direct experience with the industry standard valuation engines or AI/ML-driven financial models is a significant plus.

• Bachelor's/University degree required.
• Master's degree preferred.

------------------------------------------------------

------------------------------------------------------

------------------------------------------------------

------------------------------------------------------

------------------------------------------------------

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.

------------------------------------------------------

------------------------------------------------------

------------------------------------------------------

------------------------------------------------------

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.

Illinois residents – AI Notice and Right

------------------------------------------------------

Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.

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.
View Citi’s EEO Policy Statement and the Know Your Rights poster.