Product Manager - Notional Pooling, Vice President

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Job Overview

Are you looking for a career move that will put you at the heart of a global financial institution? Then bring your skills in analysis, problem solving and communication to Citi’s Liquidity Management Services team.

Shape your career with Citi in Dublin. By joining Citi, you will become part of a global organisation whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.

Citi has had a presence in Ireland since 1965, it was one of the first foreign banks to open an office in the country and is the Citibank Europe Plc Headquarters. 

Team/Role Overview:

Treasury and Trade Solutions (TTS) is a market leading, award-winning provider of cash management, cards and trade, solutions to financial institutions, public sector and corporate clients around the world. With a global network spanning 100+ countries, we are uniquely qualified to service clients with local and cross-border interests and provide integrated reporting and management. TTS is a highly innovative organization with a strong digital agenda; new products and services are continuously being developed to meet our clients rapidly evolving treasury requirements and unlock new opportunities for growth.

Europe Liquidity Management Services (LMS) covers a large and diverse operating environment and client base. The LMS business has embarked on a complex, multi-year transformation program to realize the business vision of a Real-Time, Intelligent, Responsive and Global network. Within the LMS business our Global Liquidity and Cash Concentration solutions are key enablers of treasury efficiency for our clients on a global basis and are extensively utilized by various client segments.

What you’ll do:

This product management role is a member the Global Notional Pooling team within the broader Global Liquidity and Cash Concentration solutions area. The position entails product management of the Notional Pooling product encompassing product strategy, delivery, processes, pricing, client experience, commercialization, risk & control, reporting, and re-platforming/ rollouts. 

Notional Pooling is a working capital management tool that allows clients to minimize bank interest by notionally concentrating end of day balances into a single net amount. Notional Pooling sits at the top of clients' liquidity management structures and often a critical product required for winning of important cash management proposals. The product is subject to extensive market, legal, risk, regulatory and accounting considerations and operates in a dynamic regulatory environment.

Key Responsibilities:

• Monitor adherence of the global Notional Pooling portfolio to established product risk acceptance criteria and drive restructuring or remediation actions as relevant.
• Deliver and lead periodic reviews with Risk partners and Legal partners.
• Ensure a robust risk and compliance environment through proactive identification, ownership and management of issues and incidents.
• Work with Global Product Development lead to drive the rollout of new or enhanced products features and global platforms, while ensuring that all necessary approval requirements and governance processes are adhered to.
• Provide ongoing support for Notional Pooling deals in Europe including engagement with client-facing teams, deal review and approvals, pricing, exception handling, etc.
• Plan and execute pricing and expense management initiatives to optimize portfolio performance.
• Recommend and deliver process improvements in collaboration with onboarding, operations, technology, and other teams.
• Ensure timely and comprehensive Product Approval Program review and renewal and Legal Opinion review and refresh.
• Provide inputs to the product strategy and investment planning process on the basis of customer, competitor, and industry insights as well as risks and control assessment. 
• Develop and update client collateral and internal collateral to support value articulation and commercialization efforts.
• Ensure maintenance and updates to product content on internal and external channels.
• Contribute to management updates and presentations.
• Contribute towards preparation and support for internal and external audits / regulatory reviews when applicable.

What we’ll need from you:

• Relevant experience, preferably in Liquidity and Cash Management or Product Management is preferred.
• Level of expertise and demonstrated experience in Product Management and/or Product Development discipline.
• Expertise or knowledge of credit is useful.
• Knowledge of Citi and TTS systems and processes is helpful.
• Strong analytical skills.
• Solid attention to detail.
• Positive attitude to work and result-oriented approach.
• Client-centricity and ability to solve complex issues.
• Ability to build effective working relationships when engaging across partners.
• Ability to articulate views and suggestions in a clear and succinct manner.
• Confidence in delivering presentations to clients and senior managers.
• Bachelors/master’s degree or equivalent experience.

What we can offer you:

By joining Citi Dublin, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed) and enjoy a whole host of additional benefits that support you (and your family) to be well, live well and save well. Discover more here.

Alongside these benefits Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day.  We want the best talent around the world to be energised to join us, motivated to stay, and empowered to thrive. 

Sounds like Citi has everything you need? Then apply to discover the true extent of your capabilities.

This Role is a “Controlled Function” Role as defined by the Central Bank of Ireland Reform Act 2010 and Principal Regulations 2011, and amending Regulations 2014, 2015.

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Job Family Group:

Product Management and Development

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Job Family:

Product Management

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Time Type:

Full time

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Most Relevant Skills

Please see the requirements listed above.

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Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

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