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Domestic Payables and Receivables Product Manager (AVP)

Job Req ID 22504232 Primary Location Sydney, Australia Job Category Product Management and Development
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Position Summary:

Citi Treasury and Trade Solutions (TTS) offers a broad range of cash management and trade services.  Our global platform is unique in the industry for its reach and flexibility. It provides clients with timely, accurate information and dynamic, web-based tools to effectively manage their securities portfolios, financial positions, working capital and supply chain around the world.  With a worldwide network of dedicated and experienced transaction services professionals, TTS is well-suited to serve clients anywhere they do business.

This role sits within the TTS Core Cash Product team and will be responsible for the overall Product Management of the domestic Payables and Receivables product for AU & NZ. Strong product management is critical to overall business management and entails a number of accountabilities from product maximisation, developing and executing product strategy, business P&L management, developing financial plans, providing subject matter expertise, and understanding and mitigating risks to Citi.

Reporting to the TTS Domestic Payments & Receivables Head for AU & NZ, this role will provide key support to existing core payments products and strategic/ regulatory projects. The AU & NZ TTS business is entering a transformative period highlighted by an aggressive industry payments modernization plan, an enhanced regulatory environment, and a rapid deployment of value-added products and services. 

KEY RESPONSIBILITIES

  • Responsible for driving the strategy and roadmap throughout the product lifecycle
  • Oversee day-to-day product management for core products such as product delivery, client experience, and client communication strategies as well as prioritize, negotiate, and remove obstacles to achieve business results
  • Contribute to P&L management including gainers/decliners analysis, revenue leakage review, and expense oversight
  • Responsible for the Profit/Loss of the Portfolio with defined revenue target
  • Provide support for delivery of key payments transformation initiatives
  • Responsible for bringing new solutions to the Australian and New Zealand market through the development of new products and product enhancements, including financial modeling, business case development, and sales and marketing strategy
  • Develop a strong working relationship with internal stakeholders, within AU & NZ and the Asia Pacific region more broadly
  • Ensure that all staff receive adequate training on the TTS products and solutions
  • Responsible for audit, legal, compliance, regulatory reporting, and vendor management requirements of the product portfolio

KEY REQUIREMENTS & QUALIFICATIONS

  • 5-8 years of relevant experience
  • Knowledge of the banking & finance industry generally
  • Knowledge of Citi Payables & Receivables products
  • Knowledge of Citi TTS banking systems and technology platforms
  • Knowledge of client cash management/working capital needs
  • Product management skills
  • Financial analysis proficiency
  • Project management skills
  • Business case development and Business writing skills
  • Strong communication and interpersonal skills
  • Initiative, and ability to self-manage and prioritise tasks according to key accountabilities
  • Focused and delivery oriented
  • Strong team ethic and ability to work in a team
  • Negotiation skills and ability to Influence
  • Strong Presentation skills
  • Excellent time management skills
  • Appetite for challenging assignments

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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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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.

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