Product Manager, Agency Securities Lending – Vice President

Embark on a Strategic Product Management Journey at Citi's Agency Securities Lending Team

Are you a seasoned product professional with a passion for shaping the future of financial services? Citi's Execution Services team is seeking a motivated and experienced Product Manager to join its dynamic Agency Securities Lending (ASL) division. This is a pivotal role within Investment Banking, offering a unique opportunity to drive innovation and deliver cutting-edge lending solutions to institutional clients on a global scale. If you thrive in a collaborative environment and possess a deep understanding of securities financing, this role is designed to empower your career growth and impact.

The Opportunity: Where Strategy Meets Execution

At its core, this role is about defining and executing the strategic vision for Citi's Agency Securities Lending services. You will be instrumental in:

• Shaping Product Strategy: Contribute to and manage the product roadmap, ensuring alignment with evolving market trends, client demands, and regulatory landscapes.
• Driving Transformation: Lead crucial initiatives focused on Target Operating Model (TOM) design and transformation, including front-to-back process redesign and platform consolidation. This includes spearheading large-scale technology upgrades and integrations.
• Fostering Innovation: Champion new lending models, optimize collateral management, and explore digital solutions to maintain a competitive edge in the market.
• Leading Cross-Functional Teams: Act as a product owner in Agile environments, collaborating closely with technology, operations, trading, risk, compliance, and legal departments. You'll translate complex business needs into actionable requirements and guide end-to-end project delivery.
• Engaging with Stakeholders: Actively interact with institutional clients, custodians, and agent lenders to gather critical feedback and ensure the product remains market-leading.
• Navigating Regulatory Landscapes: Partner with internal risk and compliance teams to ensure adherence to global regulatory standards (e.g., SFTR, CSDR, Basel III/IV) and implement necessary product adjustments.
• Leveraging Data for Insight: Utilize performance analytics to inform product decisions, identify revenue optimization opportunities, and enhance risk management strategies.

Key Advantages for Your Career Path:

This position offers significant advantages for ambitious professionals looking to advance their careers in capital markets:

• Global Impact: Be at the forefront of a global financial institution, influencing products and services that serve a worldwide client base.
• Strategic Influence: Play a critical role in defining the strategic direction of a key business line, with opportunities to present to and influence senior leadership.
• Transformational Experience: Gain hands-on experience leading complex platform and operating model transformation projects, highly valued in the industry.
• Deep Industry Expertise: Develop and deepen your knowledge of the intricacies of agency lending, collateral management, and the broader securities financing ecosystem.
• Agile and Collaborative Environment: Work within a modern, agile framework, fostering strong collaboration across diverse global teams.
• Continuous Learning and Development: Access to extensive learning resources to support your ongoing professional growth and skill development.
• Comprehensive Benefits: Citi offers a competitive compensation package, including a performance-related bonus, generous holiday allowance, private medical insurance, and a pension plan, alongside a hybrid working model for work-life balance.

Key Considerations for Candidates:

To thrive in this role and make the most of this opportunity, candidates should consider the following:

• Depth of Experience: A strong foundation in Securities Lending, Prime Services, or Collateral Management is essential. Experience as a Product Manager, Business Analyst, or Project Manager within capital markets or global banking is highly desirable.
• Analytical Acumen: A keen analytical mindset coupled with proficiency in data analysis tools like Excel, Power BI, Tableau, or SQL will be crucial for driving informed decisions.
• Stakeholder Management Skills: The ability to effectively engage, influence, and build consensus with global stakeholders at all levels is paramount.
• Regulatory Understanding: Familiarity with global regulatory frameworks impacting securities lending is a significant advantage.
• Agile Proficiency: Experience working in Agile/SAFe environments and translating business needs into detailed user stories and requirements is expected.
• Problem-Solving Aptitude: A proven track record of identifying challenges, developing innovative solutions, and driving them to successful implementation.

This role at Citi presents a compelling opportunity for a driven Product Manager to contribute to a leading global financial institution, drive significant strategic initiatives, and advance their career in a dynamic and rewarding environment.