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Account Receivable Product Manager, EMEA (Senior Vice-President)

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Citi

9d ago

  • Job
    Full-time
    Expert Level
  • Product
  • London

AI generated summary

  • You need a degree in business or finance, experience in receivable finance, strong credit risk knowledge, product management skills, excellent communication, and the ability to manage complex projects.
  • You will lead product development, analyze market trends, structure complex deals, collaborate cross-functionally, monitor performance, optimize capital, ensure compliance, and manage risk effectively.

Requirements

  • Bachelor’s or master’s degree in business, finance, or a related field or equivalent experience.
  • Experience in Receivable Finance and complex transaction structuring is a must have.
  • Strong understanding of credit insurance, inventory finance, securitizations, risk management and isolate risks and key issues is key.
  • Experience in structured finance, counterparty risk management, and legal documentation is huge plus. This includes critically reviewing key documents.
  • Prior experience in product management and development roles in a bank or FinTech will be useful.
  • Excellent communication and interpersonal skills.
  • Prior experience around virtually managing and leading projects across various stakeholders is helpful.
  • Ability to work under pressure and manage deadlines or unexpected changes in expectations or requirements.
  • Team management, management of complex and large set of stakeholders will be a massive positive.

Responsibilities

  • Product Development & Commercialization: Spearhead the creation and market launch of new, customer-centric receivable products and services.
  • Regional Product Leadership: Serve as the product expert for all receivable finance variants across the UK, Europe, and MEA markets.
  • Market Intelligence: Conduct deep market research, analyze competitors, identify product gaps, and stay ahead of industry trends and regulations.
  • Complex Deal Structuring: Provide specialized structuring support and product expertise for intricate trade finance transactions.
  • Investment & Business Cases: Develop clear product requirements and build compelling business cases for strategic investments.
  • Cross-Functional Collaboration: Partner with sales, engineering, risk, and marketing to execute product and platform commercialization plans.
  • Performance & Customer Success: Monitor product performance, drive customer success, and optimize existing trade finance offerings.
  • Capital & Risk Optimization: Contribute significantly to capital optimization and risk distribution initiatives.
  • Product Governance: Ensure strong product governance and compliance.
  • Risk & Controls Champion: Uphold robust risk and control frameworks, supporting new policy implementations.
  • Prudent Risk Management: Exercise sound judgment in all business decisions, safeguarding Citi's reputation and assets through strict compliance and ethical conduct.

FAQs

What is the job title for this position?

The job title is Account Receivable Product Manager, EMEA (Senior Vice-President).

What is the primary responsibility of the Senior Product Manager in this role?

The primary responsibility is to lead initiatives to expand and optimize Citi's Receivables business, including product development, market research, and complex deal structuring.

What regions will the Senior Product Manager be focusing on?

The focus will be on the UK, Europe, and the Middle East & Africa (MEA) regions.

What qualifications are required for this position?

A Bachelor’s or Master’s degree in business, finance, or a related field is required, along with experience in Receivable Finance and complex transaction structuring.

Is previous experience in product management important for this role?

Yes, prior experience in product management and development roles in a bank or FinTech is beneficial.

What kind of work environment does Citi offer for this position?

Citi offers a business casual workplace with a hybrid working model, allowing up to 2 days of remote work per week.

What benefits are included for employees in this role?

Employees receive a generous holiday allowance, a performance-related bonus, private medical insurance, a pension plan, paid parental leave, and access to learning and development resources.

Will the Senior Product Manager have collaboration opportunities?

Yes, the role involves cross-functional collaboration with sales, engineering, risk, and marketing teams.

What is the importance of risk management in this role?

The Senior Product Manager will uphold robust risk and control frameworks and exercise sound judgment in business decisions to safeguard Citi’s reputation and assets.

How does Citi promote diversity and inclusion in the workplace?

Citi is committed to ensuring that everyone feels comfortable coming to work as their whole self and is an equal opportunity employer.

Finance
Industry
10,001+
Employees
1998
Founded Year

Mission & Purpose

Citigroup Inc. or Citi is an American multinational investment bank and financial services corporation headquartered in New York City. Citi's operation is to provide financial services that enable growth and economic progress. Core activities are safeguarding assets, lending money, making payments and accessing the capital markets.

Benefits

  • Live Well, Stay Healthy

    Citi provides programs and services for your physical and mental well-being including access to telehealth options, health advocates, confidential counseling and more. Coverage varies by country.

  • Paid parental leave

    We believe all parents deserve time to adjust to parenthood and bond with the newest members of their families. That’s why in early 2020 we began rolling out our expanded Paid Parental Leave Policy to include Citi employees around the world.

  • Save well, for now and your future

    We empower our employees to manage their financial well-being and help them plan for the future.

  • Keep learning

    Citi provides access to an array of learning and development resources to help broaden and deepen your skills and knowledge as your career progresses.

  • Be well, take time off

    We have a variety of programs that help employees balance their work and life, including generous paid time off packages.

  • Support Your Community

    We offer our employees resources and tools to volunteer in the communities in which they live and work. In 2019, Citi employee volunteers contributed more than 1 million volunteer hours around the world.