Payments Product, Real Time Rail - VP

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Job Overview

Payments business is a crucial growth driver for the Services business and a key element in achieving our goals of generating new fee-based revenue, expanding market share, delivering outstanding client experience and maintaining high standards of risk.

Canada is a key market for Citi. Our Canada Services - Payments business is entering a transformative period highlighted by an aggressive industry payments modernization plan, roll out of Real-Time Rail, an enhanced regulatory environment, ongoing application rationalization, and a rapid deployment of value-added products and services. This role will report to the Payments Head for Canada, leading the Real-Time Rail launch in Canada and other payment products within the team.

Responsibilities:

• Lead the development of the Real-Time Rail in Canada

• Conduct in-depth market research, competitive analysis, and customer segment analysis to identify opportunities, pain points, and trends in real-time payments.

• Manage, Project Lead, co-ordinate and complete ongoing Control activities and related Regulatory Projects through interaction with Product, Compliance, Technology, Operational and other key stakeholders.

• Oversee product releases, including comprehensive communication, training, and documentation for internal and external stakeholders.

• Collaborate with Sales and Banking to commercialize Real-Time Rail and other payment products

• Drive product strategy, sales and client enablement, and P&L management

• Monitor key product measures, identify actions necessary and lead corrective actions.

• Manage business risk & compliance across suite of products, including completion of all audits, legal, tax risk, vendor governance, corrective action plans, and compliance and regulatory reporting

• Ensure strong ongoing engagement by the Business, In-business Control, and Compliance Functions that participate in the product approval and governance processes for new product launches and enhancements to existing products

Qualifications:

• Bachelor’s degree/University degree, Master’s degree preferred

• 6+ years of relevant experience in payments, product management and/or development

• Experience in governance / risk and controls, highly preferred

• Analytical skills

• Problem-solving and decision-making skills

• Consistently demonstrates clear and concise written and verbal communication

• Ability to work in a team-oriented environment

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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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Primary Location Full Time Salary Range:

$111,600.00 - $161,600.00

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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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