The Futures and Derivatives Clearing Product Development team is part of the Global Equities division. Product Development is the business process to actively manage products throughout their lifecycle. The successful candidate will be part of a post trade business product development team focused on Derivatives Clearing (Futures, OTC, FXPB) products and projects, with a special focus on Cleared Swaps. The role will be responsible for driving business strategy and providing functional direction on a series of complex large-scale initiatives. The candidate will act as the link between our Client facing organization, Product Managers, Operations and Technology partners.

**Responsibilities:**

Define, deliver/review business requirements for product development, ensuring that a structured approach to market analysis is adopted, commercial judgement is exercised and requirements are agreed by all key stakeholders

Drive product development in strategic business areas such as connectivity to new clearinghouses, proprietary technology development initiatives, and driving continuous product improvement

Collect client feedback on initial concepts in a structured manner and prepare detailed concept definition for all core functional areas, with input from Citi SMEs (technology etc.)

Work closely with Ops Change Management to ensure that all the non-technical deliverables that make a successful product release are covered

Work closely with technology to produce detailed product roadmaps outlining the strategic direction & deliverables

Implement key projects and business initiatives assigned to the group

Assist with implementing systems or process flows enhancements in order to improve efficiency and client service

Generate product awareness among users, working closely with Sales organization

Assess new enhancement requests and prioritize according to criticality, effort and resourcing levels

Appropriately assess risk/reward of transactions when making business decisions; demonstrating proper consideration for the firms reputation

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.

**Qualifications:**

15 years of experience in OTC Clearing is essential

Experience in Futures, FX, IRS, and Credit

Technical understanding of post trade clearing systems, clearing houses and process

Business analyst / project management experience

Must be confident and able to communicate (both written and verbal) effectively at all organizational levels

Must be able to deliver on tight deadlines and work under pressure

Ability to lead discussions around process improvement and system enhancements

Must have or be able to obtain required licenses including Series 3

In-depth understanding of controls, governance, documentation, standard operating procedures, testing, etc.

**Education:**

Bachelor's degree/University degree or equivalent experience

Master's degree preferred

This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.

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**Job Family Group:**

Product Management and Development

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**Job Family:**

Product Development

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**Time Type:**

Full time

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**Primary Location:**

New York New York United States

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**Primary Location Full Time Salary Range:**

$200,000.00 - $300,000.00

In addition to salary, Citis offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.

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**Anticipated Posting Close Date:**

Apr 29, 2024

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Citi is an equal opportunity and affirmative action employer.

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.

Citigroup Inc. and its subsidiaries ("Citi) invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review **Accessibility at Citi (https://www.citigroup.com/citi/accessibility/application-accessibility.htm)** .

View the "EEO is the Law (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf) " poster. View the EEO is the Law Supplement (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf) .

View the EEO Policy Statement (http://citi.com/citi/diversity/assets/pdf/eeo_aa_policy.pdf) .

View the Pay Transparency Posting (https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp_ English_formattedESQA508c.pdf)

Citi is an equal opportunity and affirmative action employer.

Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.