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  • Posted: Feb 6, 2020
    Deadline: Not specified
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    Citi has been doing business in Nigeria since 1984. The bank formerly operated under the name Nigeria International Bank Limited, but was renamed to Citibank Nigeria Limited (Citi Nigeria) in 2008 to fully align with Citi's global brand and identity. The bank has a strategic business focus in Nigeria specializing mainly in Corporate Banking and servicing ...
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    TTS FI Correspondent Banking Group Head SVP / Director

    Job ID: 20159503
    Location: Lagos
    Job Function: Product Management and Development
    Employee Status: Regular

    Details

    • The Product Manager is a senior management level position responsible for managing a broad range of Product Management employees, setting strategy and providing direction, leadership and budgetary management, etc.
    • Additionally, this role will be responsible for the development of product plans, strategies, and tactics while coordinating product lines through product life-cycles in coordination with the broader Product Management team.
    • The overall objective of this role is to coordinate the promotion of products to develop new markets, increase share of market and obtain competitive position.

    Responsibilities

    • Manage a team of Product Managers and/or multiple teams to accomplish established goals and conduct personnel duties for team (e.g. performance evaluations, hiring and disciplinary actions)
    • Manage strategic program roadmap, development, launch, and marketing to gain maximum benefit from each product
    • Supervise day-to-day product management for core products such as product delivery, client experience, and client communication strategies as well as help the team prioritize, negotiate, and remove obstacles to achieve business results
    • Drive client value propositions, positioning, segmentation, pricing, targeting, channel strategies, and competitive differentiation to achieve preferred status as a partner to Citi clients
    • Develop plans and execute functional strategies for a country, multiple countries, region, or business requiring coordination and integration across units as well as provide input into strategic decisions affecting job family or function within a region or business
    • Manage client and competitor market research, develop product innovation roadmap, and address fundamental trials of product commoditization to create an advanced set of solutions
    • Direct and oversee all aspects of program life cycle management including market demands, technology trends, and the competitive field
    • Drive achievement of acquisition targets, product financial performance, revenue performance, and expense management goals as well as oversee identification and execution of opportunities and gaps business plans
    • Develop and communicate a business plan to approach the marketplace, and coordinate and implement team procedures, client problem resolutions and client management
    • Lead innovation by working with external partners/alliances to develop products, manage ongoing relationships, and prepare agreements
    • Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.

    Key Responsibilities
    Define and execute the client solution and engagement strategy:

    • Manage Financials for Correspondent banking services in Nigeria and Ghana
    • Maximize penetration of client wallet
    • Inform and respond to market and regulatory change to drive product innovation and client positioning
    • Represent Citi at internal and external forums to promote thought leadership and encourage active industry engagement
    • Design and execute direct initiatives to meet revenue and balance sheet goals, and work with senior sales representatives to manage pipeline and identify new strategies for revenue growth/acceleration
    • Maintain core client collateral (including slip-sheets, pitch books, proposal content, regulatory guides) for maximum impact and deploy tailored content
    • Commercialization of new product launches for client impact and flow of new business
    • Work with Global and Regional/Cluster partners to leverage synergies and execute against initiatives
    • Follow Citi requirements for new product development

    Education

    • Bachelor’s degree / University degree or equivalent experience
    • Master’s degree preferred.

    Qualifications:

    • 15 years min post-graduation experience
    • 12 years min in Banking
    • 2 yrs. as DGM/VP with experience in at least 3 three (3) major areas of Banking operations
    • Broad and diverse function experience in marketing, credit, acquisitions, product development and analytics
    • Ability to work under pressure and manage deadlines or unexpected changes in expectations or requirements
    • Ability to work unsupervised and adjust priorities quickly as circumstances dictate
    • Consistently demonstrates clear and concise written and verbal communication
    • Demonstrated analytical skills
    • Demonstrated problem-solving and decision-making skills
    • Consistently demonstrates clear and concise written and verbal communication
    • Ability to work in a team-oriented environment

    Method of Application

    Interested and qualified? Go to CITIBANK on jobs.citi.com to apply

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