Full-Time

AVP – Product Manager

Fund Services Middle Office

Posted on 6/29/2025

Citi

Citi

10,001+ employees

Global financial services including banking, investment

Compensation Overview

$94k - $141k/yr

+ Incentive Awards + Retention Awards

Boston, MA, USA

In Person

Category
Product (1)
Required Skills
Market Research
Product Management
Marketing
Data Analysis
Requirements
  • 5-8 years of relevant experience
  • Functional experience in marketing, credit, acquisitions, product development, or 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
  • Ability to work in a team-oriented environment
Responsibilities
  • Oversee strategic program roadmap, development, launch, and marketing to gain maximum benefit from each product
  • Oversee 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
  • Execute 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
  • Oversee all aspects of program life cycle management including market demands, technology trends, and the competitive field
  • Contribute to 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
  • Help drive innovation by working with external partners/alliances to develop products, manage ongoing relationships, engage in negotiations, 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.

Citi provides financial services including consumer banking, credit, investment banking, and wealth management to individuals, corporations, and governments. The company operates by earning interest on loans and collecting fees for managing investments, processing trades, and facilitating cross-border transactions through its digital platforms. Unlike many local banks, Citi maintains a physical and digital presence in over 160 countries, allowing it to serve as a single partner for clients with global financial needs. Its goal is to drive growth and profitability for its clients and shareholders while supporting environmental and social sustainability initiatives.

Company Size

10,001+

Company Stage

IPO

Headquarters

New York City, New York

Founded

1812

Simplify Jobs

Simplify's Take

What believers are saying

  • Tokenised deposits with JPMorgan and BofA position Citi for blockchain settlement.
  • Markets generated about $22 billion revenue in 2025, driving strong earnings leverage.
  • Leadership consolidation can improve capital allocation, deal execution, and investor messaging.

What critics are saying

  • Markets concentration exposes Citi to trading shocks and client pullbacks.
  • Flattening management layers increases compliance and operational oversight gaps across 227,107 employees.
  • Tokenised deposits face adoption risk if bank-led blockchain standards stall or fragment.

What makes Citi unique

  • Citi combines a global institutional bank with a U.S. personal bank platform.
  • Its 160-country network supports cross-border payments, trade, and treasury services.
  • Management flattening from 13 layers to 8 targets faster execution and accountability.

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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

Company News

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ScotPac has completed a $300 million asset-backed securitisation transaction, its third ABS issuance and largest to date. The deal was structured to meet UK and European Securitisation Regulation requirements, broadening the lender's access to international capital markets. Citi served as arranger, with Citi and NAB as joint lead managers. The transaction brings ScotPac's total ABS funding to nearly $1 billion over the past two and a half years. CEO Jon Sutton said it reinforces the company's commitment to supporting SMEs with flexible funding solutions during volatile economic times. The deal attracted strong demand from existing investors and new UK and European-based participants. ScotPac has been diversifying its funding platform, having secured a warehouse facility with UBS in March alongside launching a new asset-based finance solution.

Yahoo Finance
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America's largest banks reported strong first-quarter profits driven by robust investment banking activity and a resilient economy, though executives warned about mounting risks from rising energy prices and geopolitical uncertainty. JPMorgan Chase posted a profit of $16.49 billion, up 13% year-on-year, whilst Wells Fargo earned $5.25 billion and Citigroup reported $5.79 billion. Investment banking fees surged, with JPMorgan seeing a 30% jump and Citigroup a 12% increase in advisory fees, fuelled by market volatility and corporate dealmaking. However, JPMorgan CEO Jamie Dimon cautioned about "an increasingly complex set of risks", including wars, energy prices and trade tensions. Wells Fargo noted customers allocating more spending to petrol whilst cutting discretionary purchases, signalling potential downstream economic impacts from elevated oil prices.

The Associated Press
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Banks report strong Q1 profits but warn rising energy prices threaten consumer spending

America's largest banks reported strong first-quarter profits driven by investment banking activity and a resilient economy, but executives warned about emerging economic headwinds from rising energy prices and geopolitical uncertainty. JPMorgan Chase posted a 13% profit increase to $16.49 billion, with investment banking fees jumping 30%. Wells Fargo earned $5.25 billion whilst Citigroup reported $5.79 billion in profits. The gains came amid market volatility and increased merger activity. However, JPMorgan CEO Jamie Dimon cited "an increasingly complex set of risks" including wars, energy prices and trade tensions. Wells Fargo's CFO noted consumers allocating more spending towards petrol whilst reducing discretionary purchases. Dimon warned that higher oil prices' impact "will likely take some time to materialise" if they persist.

Yahoo Finance
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Citi stock poised to jump as Wall Street loves the name, says Jim Cramer

Citigroup has raised interest among investors, with Jim Cramer highlighting strong market sentiment towards the stock. Following earnings, Cramer noted that Citigroup is "love, love, love by everybody on Wall Street" and expects the stock to jump higher. The bank delivered solid quarterly results, with 8% revenue growth and 35% earnings per share increase, excluding one-time charges. Net interest income rose 14%, beating expectations. However, results were mixed across divisions, with services, banking and fixed income performing well, whilst equity trading and personal banking fell short. Trading at a significant discount to peers despite rising 66% last year, Citigroup remains attractive. CEO Jane Fraser indicated the bank's transformation efforts are over 80% complete, though questions remain about future growth once self-help measures conclude.

Yahoo Finance
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Citi beats Q1 profit estimates with $5.8B net income as dealmaking surges 14%

Citigroup beat first-quarter profit estimates on Tuesday, reporting net income of $5.8 billion, or $3.06 per diluted share, compared to $4.1 billion in the prior-year period. The result exceeded analysts' estimate of $2.63 per share. Revenue rose 14% whilst net income grew 42%, driven by strong dealmaking activity. Investment banking fees increased 19% to $1.3 billion, with growth in advisory and equity capital markets. Services revenue climbed 17%, and markets crossed $7 billion in revenue. Global investment banking revenue reached $28.2 billion in the first quarter, the highest since 2021. Chief executive Jane Fraser attributed the performance to softer regulation under President Trump and the AI boom. The bank remains on track to deliver its 10-11% return on tangible common equity target.

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