Product Manager (Deposits Pricing Strategy) - Citi - Return to Work Program

Job Locations US-NC-Charlotte
Category
Product Management
Type
Return-to-Work Program

Overview

reacHIRE is proud to partner with Citi’s Personal Banking & Wealth Management (PBWM) organization for a paid 6-month return-to-work program starting in July 2022 designed for experienced professionals who are returning to the workforce after a 2+ year career break. 

The program is a cohort-based model that allows individuals to re-enter the workforce in a supported way with a group of fellow returning professionals. The program involves a one-week intensive onboarding specially designed to build the skills needed to successfully re-enter the workforce, and continues with professional development workshops and networking opportunities to build and advance one’s professional skill set throughout the duration of the program. This proven approach fosters camaraderie among colleagues, builds confidence, and upgrades professional skills that will be invaluable throughout this next phase of their career. Please note candidates who have worked in part-time roles or have done independent contracting will be considered for this opportunity.

Responsibilities

About the Team

The pricing team for Consumer and Small Business within US Retail Bank and Mortgage provides market intelligence, pricing strategy and analytics for Consumer deposit and Small Business loan and deposit products. Core products include Checking, Savings, Money Market and Certificate of Deposit accounts.  The pricing team applies a disciplined analytical decision process, and focuses on driving profit and market share growth.

 

About the Role

The Pricing Strategy Product Manager will be part of a highly visible team that focuses on industry leading initiatives with substantial impact to earnings.  In this role, the individual will contribute to the end-to-end pricing management process in preparation for the launch of rate promotions.  Key partners include Product Management, Finance, Treasury, Technology, Operations, Decision Management, Legal, Compliance, Sales and Marketing.  At times, you may engage with external consultants and vendors. 

Key responsibilities:

  • Support pricing initiatives for rate promotion launch; partner with product, finance, treasury and marketing partners to deliver value proposition while maintaining financial targets.
  • Coordinate project / initiative meetings with stakeholders, remove roadblocks, manage pricing deliverables and drive progress towards project completion.
  • Drive execution of the project plan through organization of project deliverables, timelines, and resources;  document project risks and help drive to resolution; and communicate progress and status.  
  • Support the development of deposit pricing strategies in a dynamic test and learn environment; collaborate with partner teams on holistic deposit product and pricing offerings.
  • Develop understanding of financial models, so as to apply learnings in portfolio and acquisition analytics and analyze impacts to determine success of pricing strategy.
  • Monitor and report on performance trends for consistency with profitability and growth targets; correlate trends with pricing actions.
  • Prepare presentations and materials for executive audiences.

Qualifications

  • Bachelor's degree or equivalent work experience.
  • 3-5 years of overall experience in financial service products and/or finance, risk management, product management or marketing analytics.
  • Strong project management skills, with experience managing cross-functional initiatives to drive business results.
  • Ability to understand technology limitations, Legal / Compliance guidelines and other business constraints and ability to work with partner teams to identify a path forward.
  • Basic understanding of key revenue and expense drivers and financial planning.
  • Ability to manage controls and governance routines. 
  • Strong written and oral communication skills.
  • Strong organizational skills with innate attention to detail. 
  • Ability to translate technical and complex analytics for business application and non-technical audience.
  • Inherent motivation to provide continuous improvement using both business and analytical acumen. 

About reacHIRE

reacHIRE is changing the trajectory for individuals in the workplace by partnering with forward-thinking companies. Through customized programs tailored to a company's unique business needs and culture, reacHIRE carefully selects under-the-radar, top talent who voluntarily off-ramped and are ready to on-ramp back into their career. At the end of the program, you may be eligible for full-time or extended contracting work, but it is not guaranteed. reacHIRE will provide 360 degree support along with a dedicated Program Manager to ensure your success every step of the way!

Our Returnship Program participants come from all walks of life, and so do we. At reacHIRE, the sum of our individual differences, life experiences, innovative thinking and self-expression is what makes us great. We hire exceptional talent from a wide variety of backgrounds, not just because it is the right thing to do, but because it makes us, our programs, and the forward-thinking companies we partner with stronger, better and more innovative.  Be you and reach higher.

 

Please note:

  • reacHIRE will reasonably accommodate applicants with disabilities who need adjustments in order to complete the application or interview process. For assistance with your application please contact: Sarah White at swhite@reachire.com.
  • reacHIRE is unable to sponsor program participants for the duration of our return-to-work programs.

 

About Citi 

Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. For the past 200 years at Citi, we have a drive to help clients move from ambition to achievement. Our company has been one of the foundational components of today’s modern financial infrastructure—this gives us a level of unmatched expertise in tackling the world’s most complex challenges and connecting across capabilities to enable lasting progress for our clients. Diversity is a key business imperative and a source of strength at Citi. We serve clients from every walk of life, every background, and every origin. Our goal is to have our workforce reflect this same diversity at all levels. Citi has made it a priority to foster a culture where the best people want to work, where individuals are promoted based on merit, where we value and demand respect for others and where opportunities to develop are widely available to all.

Citi’s North America Personal Banking & Wealth Management (PBWM), with 128 million accounts, $503B in annual purchase sales, and unrivaled partnerships with premier brands, has a unique opportunity to leverage its consumer relationships and footprint, state of the art technology and leading consumer banking position to deliver customer value in a targeted and impactful way.

 

Options

Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.
Share on your newsfeed