• Competitive
  • Singapore
  • Permanent, Full time
  • Citibank NA
  • 2018-08-22

ICG (TTS) - Product Head Singapore

ICG (TTS) - Product Head Singapore

  • Primary Location: Singapore
  • Education: None
  • Job Function: Product Management
  • Schedule: Full-time
  • Shift: Day Job
  • Employee Status: Regular
  • Travel Time: No
  • Job ID: 18052997


Description

JOB BACKGROUND

Treasury & Trade Solutions (TTS) is a leading provider of cash management, trade to financial institutions and corporate clients around the world.   Our global platform provides clients with timely, accurate information and dynamic, web-based tools to effectively manage their portfolios, financial positions, working capital and supply chain across 100 countries.  

Singapore is a regional hub for regional headquarters and treasury operations of multinationals and top tier local corporates and financial institutions.  The TTS Singapore business is a leading franchise in Citi and the industry, serving these clients within Singapore and broader Asia. 

Reporting to the TTS Head ASEAN, the TTS Product Head Singapore will be managing 7 product managers to drive the TTS business in Singapore, working closely with TTS Sales, Implementation and Client Operations.  This is a key management role within the Citi Singapore franchise, engaging with partners in Banking, Global Functions and Operations and Technology to deliver TTS solutions to the Singapore market.

DESCRIPTION / KEY RESPONSIBILITIES

  • The individual is responsible for the day-to-day management of Cash and Trade Products including oversight for the product programs, risk and controls, P&L management, budgeting, and people management.
  • Deliver the financial commitments by driving a balanced scorecard , growing the underlying business drivers and optimizing returns
  • Ensure product superiority and profitability of current products.  Ensure new product development and launching in key market segments.
  • Define market needs and develop strategies to bring the right products and solutions to market.
  • Ensure Singapore product and market needs are suitably incorporated in regional and global product strategies
  • Equip TTS Sales and coverage teams with value propositions in the market for our clients. 
  • Drive campaign and initiatives through sales and coverage to deliver product driver and P&L targets
  • Drive innovation and business development as a senior Citi representative in the banking industry in Singapore
  • Partner with Operations & Technology to ensure product delivery within standards and reengineer existing products to gain scale and efficiency in conjunction with market expansion.
  • Understand regulatory framework of Singapore and compliance requirements of our regulators.
  • Ensure credit, documentation and a compliance environment, including Product Approval Programs and satisfactory ARRs. 
  • Expand TTS market presence through customer events, media, speaking engagements etc.
  • Attract, motivate and retain top talent.  


Qualifications

QUALIFICATIONS

Knowledge/Experience:

  • Proven track record of successful P&L management of  a large and complex business
  • Experience in understanding the Cash and Trade businesses and having the ability and drive to motivate business and team performance.
  • 10 years product or business management experience in corporate banking / transaction service with in-depth experience in Cash or Trade
  • 8 years direct people management experience
  • Knowledge of the transaction services space.
  • Masters in areas of Business or Finance preferred.

Competencies:

  • Market management acumen to understand the business and market environment, drive market strategy, understand and manage regulations, build industry advocacy and manage the P&L and balance sheet
  • Product management acumen to encourage innovation, development and enhancement of products, manage the product development process, drive product management discipline, understand and control product risks and manage product drivers
  • Stakeholder management acumen to build strong connectivity with both internal and external partners, supporting functions, vendors, regulators at country, regional and global levels.
  • People management acumen to lead in execution of strategy and support development of the staff.
Singapore Singapore Singapore SG