Full-Time

Head of Services Technology

Posted on 1/18/2025

Citigroup

Citigroup

10,001+ employees

Global financial services and banking provider

Fintech
Social Impact
Financial Services

Compensation Overview

$250k - $500kAnnually

+ Incentive Awards + Retention Awards

Senior, Expert

New York, NY, USA

Primary location is New York, New York.

Category
Backend Engineering
FinTech Engineering
Software Engineering
Requirements
  • Significant experience in Financial Services preferably in Transaction Banking
  • Possesses an observable and impactful delivery track record, including the architecture, build, deployment, integration and ongoing management of large-scale technology ecosystems
  • Demonstrated skills in developing and executing strategies for transformation programs
  • Strong influencing skills and ability to work in an environment where priorities are frequently changing
  • Proven ability to establish and maintain business partnerships and client relationships
  • Experience analyzing client requirements and developing suitable, cost effective solutions
  • Comprehensive understanding and awareness of appropriate corporate and regulatory policies
  • Experience in performing complex problem solving and business trade off decision analysis
  • Experience of work in a process driven environment
  • Demonstrated people leadership / management
  • Ability to provide leadership to the next generation of the global technology journey
Responsibilities
  • Build and lead a 15,000-person Technology team (with a blend of FTE members and managed resources) responsible for developing technology solutions to address complex business requirements
  • Partner with Services front office to manage a large technology budget of $1.5Bn and prioritize Book of Work and deliverables
  • Manage the technology estate aligned to the Services EMT; Partner with EMT on quarterly business reviews with the CFO and CEO
  • Manage the implementation, enhancement and scalability of Services platforms (1,200+ applications in production), ensuring convergence to global consistency, standard platforms, mitigation of key risks (controls), and alignment with architecture principles
  • Drive transformation to agile product delivery, including adoption of concepts akin to business agility, organize around value and lean portfolio management
  • Pioneer a strong engineering culture to include adoption of the CIO engineering manifesto & testing manifesto
  • Drive developer productivity through adoption of CI/CD tooling and code completion tools such as GitHub Copilot. Monitor and improve DORA metrics for the group
  • Manage large digital transformations and implementations to include new platform offerings, regulatory commitments and enterprise-wide GEN AI tool adoption
  • Lead and manage external regulator reviews and updates representing technology
  • Collaborate with CISO and the CTO to drive enterprise-wide priorities such as information security controls and strategic architectures and technologies
  • Ensure Services Technology operates within Technology Risk appetite, including cyber risk appetite. Further to that, actively improve controls through automation and ensure continued improvement in risk and control culture
  • Oversee relationships with key 3rd party vendors including software providers and extended workforce providers, which may include RFP processes
  • Establish appropriate management governance processes while delivering on regulatory and associated data programs including successful and timely closure of Issues/CAPs/MRAs/BSER breaks
  • Drive and implement Citi Technology-wide initiatives for continued process improvement such as supporting Citi’s data architecture strategy & controls automation strategy
  • Manage the performance of the group including mid and year end appraisals, management of promotion pipelines and succession planning
  • Foster an inclusive, diverse and ethical organization

Citigroup provides a wide range of financial products and services to various clients, including consumers, corporations, and governments. Its offerings include consumer banking, credit, corporate and investment banking, securities brokerage, and wealth management. The company operates in over 160 countries, utilizing its global network and technology to deliver financial solutions. Citigroup generates revenue through interest from loans, fees from banking services, and commissions from investment activities. Unlike many competitors, Citigroup's extensive international presence and commitment to sustainability through ESG initiatives set it apart. The company's goal is to facilitate international trade and investment while managing financial assets and providing liquidity in the global financial system.

Company Stage

IPO

Total Funding

$59.8M

Headquarters

Tel Aviv-Yafo, Israel

Founded

1812

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Simplify's Take

What believers are saying

  • Citi's focus on digital banking aligns with the growing trend of digital-first banking.
  • The partnership with Jumia opens growth opportunities in Africa's expanding e-commerce market.
  • Positive earnings report indicates recovery in consumer confidence and spending.

What critics are saying

  • Increased competition from digital platforms like Versana challenges Citi's market position.
  • Citi's exposure to Africa's volatile e-commerce market poses potential risks.
  • Regulatory scrutiny may impact Citi's collaboration with Mastercard for Google Pay Plex accounts.

What makes Citigroup unique

  • Citi's global reach spans over 160 countries, offering unmatched international banking services.
  • The introduction of 'Green Deposits' highlights Citi's commitment to sustainable banking solutions.
  • Citi's partnership with Mastercard for Google Pay Plex accounts enhances its digital banking offerings.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

401(k) Company Match

Wellness Program

Paid Vacation

Paid Sick Leave

Paid Holidays