Product Developer - Director, Citi Marks

About the role

The Product Developer is a strategic professional responsible for shaping the future of Citi Marks, an independent price verification and mark-to-market service for institutional clients. This role requires a recognized subject matter expert in Spread Products and financial technology who closely follows the latest industry trends and adapts them for application within the Citi Marks platform.

Responsibilities

• End-to-End Product Lifecycle Management: Manage all activities related to the development of new products, features, and functionality for the Citi Marks platform. This includes developing business cases, defining requirements (BRDs), and driving innovation based on market research, client needs, and strategic business priorities.
• Strategic Vision and Roadmap: Create and maintain a product vision aligned with the Citi Marks 2027 Strategic Initiatives. Develop and manage the corresponding roadmap for delivery, covering the expansion across Spread Products.
• Technology and Platform Development: Partner with the technology team to guide the development of the Citi Marks infrastructure. This includes enhancements to the core offering and building out delivery mechanisms such as the RESTful API, Snowflake data sharing, and AWS cloud infrastructure.
• Create clear, specific project plans, business requirements, and technical requirements documents for product execution.
• Stakeholder Collaboration: Work in close coordination with Technology, Business Managers, Sales, Valuation teams, and senior stakeholders to fulfil delivery objectives. Partner with senior business leaders and a widely distributed global user community to define and implement solutions. Engage directly with Clients to ensure that the platform evolves to their growing needs.
• Market and Industry Analysis: Follow market, industry, and client trends in independent price verification and mark-to-market services. Adapt these trends for application within Citi's products and solutions platforms to maintain a competitive edge.
• Governance and Risk Management: Focus on controls and governance, including performing Need-to-Know based security reviews, and ensuring the platform's features facilitate client compliance with regulations like SEC Rule 2a-5. Appropriately assess risk when making business decisions, safeguarding Citigroup, its clients, and assets.

Requirements

• Experience: 15+ years of experience in product management, financial services, or fintech, including 8-10+ years of managerial experience.
• Subject Matter Expertise: Deep understanding of fixed income, particularly Spread Products (CLO, ABS, CMO, CMBS, RMBS, etc.). Familiarity with valuation methodologies, market data, and the competitive landscape is essential.

Qualifications

• Product Management: Process Management knowledge with a propensity for detail and comprehensiveness of content. Experience leading large cross-functional initiatives and managing end-to-end product lifecycles.
• Technical Acumen: Strong understanding of modern technology platforms and data architecture. Experience with API development, cloud platforms (AWS), data warehousing (Snowflake), and machine learning applications in a financial context is highly desirable.
• Regulatory Knowledge: Familiarity with financial regulations related to fair value reporting, such as SEC Rule 2a-5, and the concept of Independent Price Verification (IPV).
• Analytical and Problem-Solving: Excellent analytical, interpretive, and problem-solving skills with a proven ability to conduct in-depth quantitative and qualitative analysis.
• Leadership and Communication: Excellent communication skills to negotiate internally at a senior level and collaborate effectively with diverse global teams. Proven ability to establish and maintain senior client relationships.
• Strategic Thinking: A strategic and innovative thinker with intellectual curiosity and the ability to conceptualize, plan, and prioritize. Proven track record as a change agent who can encourage and embrace new ideas.

Preferred Knowledge

• Knowledge of forecasting platforms, database management, and specific valuation tools is preferred.
• Direct experience with the industry standard valuation engines or AI/ML-driven financial models is a significant plus.

Education

Bachelor's/University degree required. Master's degree preferred.

Job Family Group

Product Management and Development

Job Family

Product Development

Time Type

Full time

Primary Location

New York, New York, United States

Primary Location Full Time Salary Range

$200,000.00 - $300,000.00

Automated Processing and AI

We use automated processing, including artificial intelligence, for our legitimate business interests (or our reasonable and appropriate business purposes) to identify and align the candidate's skills and abilities with a specific job opening. Additionally, if you so choose, or consent, we can match your skills and abilities to other suitable roles at Citi. Importantly, all our hiring processes and decisions, including determining your suitability for a role, are conducted, checked, and decided by individuals. Our automated processing and AI do not involve relying on automatic or autonomous decision-making.