Head of Innovation and New Product Development - Branded Cards

Job Id: 24739162

Within Proprietary Cards, new product development and delivery was previously disbursed amongst all product teams. This new team will centralize and align new product development enabling critical efficiencies as we build our products and capabilities. This role will lead a team to create a playbook of repeatable NPD activities and partner across Card product teams from innovation to delivery. Innovation will include both Card and Loyalty innovation. This leader will manage a group of Product Management employees, setting strategy, prioritizing and product design. 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, increase share of market and obtain competitive position.

Responsibilities

Manage a team of professional to accomplish established goals and conduct personnel duties for team (e.g. performance evaluations, hiring and disciplinary actions) as well as negotiate and make decisions on issues/activities having critical impact/influence on company revenues, capital, or business operationsLead strategic product roadmaps, product development, program launches, and program marketing to gain maximum benefit from each product, as well as survey and analyze competitive industry landscapes to identify relative trends, threats, and opportunities for product managersManage product marketing 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 resultsDrive client valued propositions, positioning, channel strategies, and competitive differentiation in the Cards landscapeManage competitor market research and develop product innovation roadmapDefine and launch new products, features, and capabilities including defining the product/feature and go-to-market strategy, and participate in technology development and launch activitiesAppropriately 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.

Qualifications

15+ years of relevant experience8-10+ years of managerial experienceExperience managing in a global and matrixed environment including managing cross functional areas with direct and indirect reports (e.g. risk, finance, decision management, marketing, operations)Working knowledge of the different systems, theories, and practices relevant to a function as well as practical experience of multiple business cyclesIn-depth knowledge of industry and competitor products/services

Education

Bachelor’s degree/University degree or equivalent experienceMaster’s degree preferred

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Job Family Group

Consumer Sales

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Job Family

Consumer Product Sales

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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

$170,000.00 - $300,000.00

In addition to salary, Citi’s 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 25, 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.

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