Head of Innovation and New Product Development

2 weeks ago

New York, United States Citi Full time

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 operations
- Lead 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 managers
- Manage 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 results
- Drive client valued propositions, positioning, channel strategies, and competitive differentiation in the Cards landscape
- Manage competitor market research and develop product innovation roadmap
- Define and launch new products, features, and capabilities including defining the product/feature and go-to-market strategy, and participate in technology development and launch activities

**Qualifications**:

- 15+ years of relevant experience
- 8-10+ years of managerial experience
- Experience 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 cycles
- In-depth knowledge of industry and competitor products/services

**Education**:

- Bachelor’s degree/University degree or equivalent experience
- Master’s degree preferred
- **Job Family Group**:
Consumer Sales
- **Job Family**:
Consumer Product Sales
- **Time Type**:
Full time
- **Primary Location**:
New York New York United States
- **Primary Location Full Time Salary Range**:
$170,000.00 - $300,000.00
- **Anticipated Posting Close Date**:
Apr 25, 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.

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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