Position:  PE RE Product Development Manager

The Citi Private Bank PE RE Product Development Manager is a member of the Citi Global Wealth Alternative Investments Product Development team, and reports into the Head of PERE Product Development. The PE and RE arm of the Alternatives team sources, researches and launches 15-18 private equity and real estate funds per year.  The role of Product Development Manager involves working closely with and through multiple teams across Citi to launch and close products offered by the team. Specific areas of responsibility include:

• Working with legal and fund admin oversight in feeder fund structuring;
• Working with legal, tax, risk, compliance, operations and finance on legal documents, marketing materials; and managing the product approval process;
• Coordinating with fund managers in marketing documents preparation, and in setting up subscriptions, operations and after sales support process;
• Preparing and steering operational fund setup across various systems within the firm.
• Organizing and leading operations calls; coordinating with operations and fund administrator on subscriptions and closing processes;
• In collaboration with legal and compliance, making certain fund offerings are in compliance with regional regulations including Singapore MAS filing, AIFMD, CISA, RDR, PRIIPs, MiFID II and US Volcker Rule;
• Assisting with firm wide initiatives with goal to bring automation to the platform
• Organizing launch announcements, SP 24 training calls and launch calls;
• Maintaining and updating offering documents as needed on an ongoing basis during the marketing period;
• Working with and communicating to Finance on the fee accrual process;
• Sales and revenue tracking and reporting;
• Assist with preparing Monthly Business Review Presentations and Pipeline Reviews
• Assisting and coordinating with the investment counselors and bankers in the distribution and sales process (e.g. answering questions on sub-docs and fund offering terms/details);
• Platform investment performance tracking;
• Managing projects associated with ensuring compliance with global regulatory standards.
• This role executes on the end-to-end product development lifecycle and will also scope product releases, agreeing to and tracking business priorities, incorporating regulatory and compliance requirements and tracking
• Conceptualizes, plans, prioritizes, coordinates design and delivery of products or features to product release, and serves as product ambassador within user community
• Has responsibility to deliver direct business results and advice regarding product development that necessitates a degree of responsibility over technical strategy
• 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.

Qualifications

• BS/BA in Finance, Accounting, Mathematics, Economics, or a related field preferred.
• At least 4 years’ relevant experience.
• Series 7, 66 licensed.
• Background or previous involvement in private equity or investment management preferred.
• Background or previous involvement in product management preferred.
• Superior written and verbal communication skills and the ability to work effectively in a team-oriented environment.
• Strong organizational skills and attention to detail, with the demonstrated ability to work productively and efficiently in a fast-paced global environment with multiple projects and deadlines. An ability to balance providing direction with offering assistance.
• Strong analytical skills and detail-oriented
• Ability to structure and break down problems, develop solutions, and to drive results
• Intellectual curiosity, analytical, and conceptual thinker
• Facility with Excel, Word, Adobe and PowerPoint.
• Familiarity with navigating Citi Private Bank's global operations a plus.