Asset Servicing Product Mgmt Lead Analyst - VP - PUNE

Citi Bank

6 - 10 years

Pune

Posted: 05/02/2025

Job Description

The Asset Servicing Custody Product team focuses on developing Asset Servicing products for the Custody business lines ( Global & Domestic ). Citi provides settlement, custody and asset servicing solutions to investor & intermediary clients through various legal entities providing Global Custody and a global network of Domestic or sub custodians.  The domestic business provides clearing, settlement, custody & asset servicing to global financial institutions through a proprietary branch network spanning Asia, EMEA and the Americas.

The Asset Servicing Custody Product team are seeking a strong Product Manager who will work within the global asset servicing team ensuring it meets its goals of supporting both custody businesses by focusing on the development of Asset Servicing capabilities globally. 

The individual will work closely with business, legal, risk and operational partners’ for Custody in identifying and implementing product changers/enhancements in line with business, regulatory and market mandatory requirements. Actively participate in Industry forums to ensure that Citi is kept abreast of market changes and that Citi views are represented.



Responsibilities:

  • Work within the Custody Asset Servicing team to ensure it meets its goals as agreed with the Custody business
  • Agree product development priorities as part of the annual and ongoing plan with Custody business owners
  • Understand, communicate and implement global product strategies with primary focus on product extensions
  • Work closely with global asset servicing re platforming project team to ensure platform is developed and rolled out in line with business requirements
  • Help define new product scope
  • Work closely with operations and technology to create detailed Business Requirements Documentation defining core product functionality based on client demand, market/regulatory requirement or  long-term strategic objectives
  • Ensure products developed and implemented in line with business requirements
  • Work with other internal partners (risk, legal, compliance etc) to ensure all new product developments meet internal business approval requirements
  • Support relationship and sales teams acting as product expert when discussing new opportunities with clients
  • Support the implementation of "pilot" clients where required, ensuring documented processes and procedures are in place
  • Support key client projects by managing all aspects of Asset Serving (and where necessary Settlement ) testing including identification of defects and their remediation
  • Keep abreast of market trends and client needs working closely with clients and coverage organisation.
  • Review and influence/lobby local markets to follow industry standards re transparency and key data elements. Ensure Citi platforms are able to support and complement said enhancements

.

Qualifications:

  • 6-10 years of relevant experience
  • Strong securities background with specific focus on asset servicing
  • Proven client facing experience beneficial
  • Background in operational processes, technology platforms and front office activities
  • Ability to analyse different processes and identify inherent risks
  • Good inter-personal and communications skills
  • Both a strong team player plus self starter
  • Creative and resourceful problem solving
  • Proven project management and implementation skills

Education:

  • Bachelor’s degree/University degree or equivalent experience
  • Master’s degree preferred

About Company

Citi Bank, officially known as Citibank, is a global financial institution and the consumer division of Citigroup, a leading multinational banking corporation. Established in 1812, Citibank provides a wide range of financial services, including retail banking, credit cards, personal loans, wealth management, and investment banking. With a strong presence in over 100 countries, it serves millions of customers worldwide, offering both individual and business banking solutions. Citibank is known for its digital banking innovations, global reach, and commitment to financial inclusion and economic growth.

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