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Digital Technology Product Management Group Manager - SVP

About Citi:Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments, and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.As a bank with a brain and a soul, Citi creates economic value that is systemically responsible and in our clients’ best interests. As a financial institution that touches every region of the world and every sector that shapes your daily life, our Operations & Technology teams are charged with a mission that rivals any large tech company. Our technology solutions are the foundations of everything we do from keeping the bank safe, managing global resources, and providing the technical tools our workers need to be successful to designing our digital architecture and ensuring our platforms provide a first-class customer experience. We reimagine client and partner experiences to deliver excellence through secure, reliable, and efficient services.Our commitment to diversity includes a workforce that represents the clients we serve from all walks of life, backgrounds, and origins. We foster an environment where the best people want to work. We value and demand respect for others, promote individuals based on merit, and ensure opportunities for personal development are widely available to all. Ideal candidates are innovators with well-rounded backgrounds who bring their authentic selves to work and complement our culture of delivering results with pride. If you are a problem solver who seeks passion in your work, come join us. We’ll enable growth and progress together.The Technology Product Management Group Manager is accountable for management of complex/critical/large professional disciplinary areas. Leads and directs a team of professionals. Requires a comprehensive understanding of multiple areas within a function and how they interact in order to achieve the objectives of the function. Applies in-depth understanding of the business impact of technical contributions. Strong commercial awareness is a necessity. Generally accountable for delivery of a full range of services to one or more businesses/ geographic regions. Excellent communication skills required in order to negotiate internally, often at a senior level. Some external communication may be necessary. Accountable for the end results of an area. Exercises control over resources, policy formulation and planning. Primarily affects a sub-function. Involved in short- to medium-term planning of actions and resources for own area. Full management responsibility of a team or multiple teams, including management of people, budget and planning, to include performance evaluation, compensation, hiring, disciplinary actions and terminations and budget approval.Responsibilities:• Owns long-term strategic view (3-5 years) and complete platform portfolio within their category / division.• Builds strong partnership with the business stakeholders to help drive strategic direction and investment decisions.• Owns development and communicates the long-term vision and goals that drive the working backwards strategies for a portfolio of platform products• Understands domain and competitive landscape; may lead company-wide decision making for the platform product domain.• Inspires a culture of “test and learn” experimentation and innovation to solve core business and end customer needs in the platform product domain.• Leverages customer research, feedback, competitive analysis and industry trends to drive investment choices that will cultivate long-term innovation for the business and customer.• Owns “test and learn” roadmap to inform the platform product portfolio.• Owns the organizational planning and serves as the representative to Executives.• Compiles content for periodic Exec level communications, reviews and updates.• Continuously monitors the KPIs of portfolio and reviews regularly with technology peers and business partners.• Primary interface with the Business and stakeholders.• Makes trade off decisions for category / division platform product portfolio.• Owns business and platform requirements for a large enterprise or portfolio of platform products.• Sets the direction for the platform design for a large enterprise or portfolio of platform products.• Determines release goals for a large enterprise portfolio of platform products.• Creates a comprehensive user experience for an entire customer domain using various design thinking techniques.• Develops method for prioritization and triage of new changes and defects for team to apply, makes key decisions on showstoppers and end product quality.• For any issues, communicates to Sr. Management; assess the alternatives to resolve (“path to green”) and builds a plan for resolution; makes recommendations that will meet the goals and may directly implement resolution plans.• 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.Qualifications:• 10+ years of relevant experience in a product line management, e-commerce, and/or strategic planning role.• Significant experience building complex business and/or transactional models.• Has thrived and succeeded in delivering high quality technology products / services in a high growth environment where priorities shift rapidly.• Ability to use hard data and metrics to back up assumptions and develop business cases.• First-class leadership and influencing skills, including experience managing a Tech Team.• Demonstrated interpersonal and talent management skills, including the ability to identify and develop product management talent.Education:• Bachelor’s/University degree or equivalent experience.• MBA Preferred.------------------------------------------------------Job Family Group:Technology------------------------------------------------------Job Family:Technology Product Management------------------------------------------------------Time Type:Full time------------------------------------------------------Primary Location:Irving Texas United States------------------------------------------------------Primary Location Full Time Salary Range:$169,600.00 - $254,400.00In 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.------------------------------------------------------Anticipated Posting Close Date:Dec 09, 2024------------------------------------------------------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.View the "EEO is the Law" poster. View the EEO is the Law Supplement.View the EEO Policy Statement.View the Pay Transparency Posting
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Average salary estimate

$212000 / YEARLY (est.)
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$169600K
$254400K

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What You Should Know About Digital Technology Product Management Group Manager - SVP, Citi

Are you ready to take your career to the next level as a Digital Technology Product Management Group Manager - SVP at Citi in Colwell, IA? At Citi, a leading global bank with an expansive network of over 200 million customer accounts and operations in more than 160 countries, your role will be pivotal in shaping the future of digital technology. You will lead a talented team, driving the strategic vision and management of the platform portfolio. You'll partner with senior stakeholders to navigate investments and innovation while ensuring a first-class customer experience. This exciting position requires you to possess a deep understanding of technology's business impact, and your expertise will guide product development and organizational planning. If you have a knack for turning data into actionable insights and thrive in a dynamic environment, this is your chance! Citi values a diverse workforce and fosters an inclusive environment where you're encouraged to bring your authentic self to work. We’re not just about delivering results; we’re about doing it with a spirit of collaboration and ingenuity. Join us at Citi, where growth and progress are never out of reach, and step into a role that offers you the opportunity to influence significant technological advancements within a major banking institution.

Frequently Asked Questions (FAQs) for Digital Technology Product Management Group Manager - SVP Role at Citi
What are the primary responsibilities of the Digital Technology Product Management Group Manager at Citi?

As the Digital Technology Product Management Group Manager at Citi, your primary responsibilities will include developing and communicating the long-term vision for your portfolio of platform products, managing a diverse team, and partnering closely with business stakeholders to drive strategic investment decisions. You will shape the user experience for a broad customer domain, make critical trade-off decisions and oversee the execution of your team's roadmap to deliver high-quality technology solutions.

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What qualifications are needed for the Digital Technology Product Management Group Manager role at Citi?

To qualify for the Digital Technology Product Management Group Manager position at Citi, candidates should possess over 10 years of relevant experience in product line management, e-commerce, or strategic planning. A strong background in creating complex transactional models and experience in delivering tech products in fast-paced environments are essential. A bachelor’s degree is required, while an MBA is preferred to enhance your competitive edge in this challenging role.

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How does the Digital Technology Product Management Group Manager contribute to innovation at Citi?

In the role of Digital Technology Product Management Group Manager at Citi, you will play a crucial role in fostering a culture of innovation and experimentation. By leveraging customer feedback, competitive analysis, and industry trends, you will shape investment choices that encourage long-term innovation. Notably, you’ll own the 'test and learn' roadmap, ensuring your team continually adapts to solve customer needs effectively.

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What skills are essential for success as a Digital Technology Product Management Group Manager at Citi?

Success as a Digital Technology Product Management Group Manager at Citi requires a blend of strong leadership, commercial awareness, and excellent communication skills. You should also possess data-driven analytical abilities to back up decision-making and a comprehensive understanding of how various tech functions interact to meet business objectives. The position demands interpersonal skills for talent management and the ability to inspire a team to work towards shared goals.

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What are the career growth opportunities for a Digital Technology Product Management Group Manager at Citi?

Citi provides a multitude of career growth opportunities for a Digital Technology Product Management Group Manager. By leading critical tech initiatives, you'll gain visibility with senior executives, potentially paving the way for advancement into higher leadership roles within the organization. Citi encourages continuous professional development and offers resources for mentorship and further education, aiming to cultivate leadership from within.

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Common Interview Questions for Digital Technology Product Management Group Manager - SVP
Can you describe a successful product you managed and your role in its success?

When answering this question, focus on outlining your specific contributions and decision-making processes. Discuss the strategic vision you developed, the team dynamics you fostered, and any metrics that showcase the product's success. Be sure to highlight how your leadership played a vital role in achieving the desired outcomes.

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How do you approach developing a long-term strategy for technology products?

In your response, emphasize a structured approach that includes market research, stakeholder engagement, and analysis of customer needs. Explain how these elements shape your vision, guiding principles, and how you adapt strategies based on shifting market conditions or technological advancements.

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How do you ensure effective communication within your team and with key stakeholders?

Highlight examples of how you foster an open communication culture in your team, perhaps through regular meetings or collaborative tools. Also, discuss your strategy for keeping stakeholders informed about project developments, collecting feedback, and managing expectations throughout the product lifecycle.

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What methods do you use to evaluate the performance of your product management team?

Discuss the metrics and KPIs you adopt to gauge team performance, such as project delivery timelines, quality of work, or team engagement levels. Explain how you incorporate both qualitative feedback and quantitative results to assess and develop your team further.

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Can you provide an example of a significant challenge you faced in product management and how you overcame it?

Choose a challenging situation that showcases your problem-solving skills. Focus on the specific actions you took to address the issue, the team dynamics you navigated, and the final outcome to illustrate your resilience and leadership capabilities.

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How do you prioritize new changes and feature requests for your products?

Articulate a framework you use for prioritization, such as a scoring system based on customer feedback, business impact, and technical feasibility. Highlight how you involve your team and stakeholders in the decision-making process to ensure alignment with strategic objectives.

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What techniques do you use for conducting market research in your field?

Mention specific tools and methods you employ for gathering market insights, such as surveys, competitive benchmarking, or customer interviews. Discuss how you analyze data to inform product development and strategic direction effectively.

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Describe your experience with agile methodologies in product development.

Talk about your hands-on experience with agile practices, how you've implemented or improved agile processes within your team, and the benefits you've seen, such as increased responsiveness to change and faster delivery times.

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How do you handle conflicting priorities between business needs and technical constraints?

Share your approach to balancing business objectives with technical feasibilities, perhaps using negotiation skills, stakeholder discussions, and strategic evaluations to align all parties toward a common goal while addressing constraints collaboratively.

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What do you consider when assessing risk for product decisions?

Explain how you identify potential risks associated with product strategies, including market uncertainties, regulatory compliance, and operational challenges. Discuss how you develop risk mitigation plans that align with the broader goals of the organization.

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Citi’s mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. Our core activities are safeguarding assets, lending money, making payments and accessing the capi...

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CULTURE VALUES
Inclusive & Diverse
Rise from Within
Mission Driven
Diversity of Opinions
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Full-time, on-site
DATE POSTED
December 7, 2024

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