Citi GCB Business Development- Director of Strategy, Competitive Intelligence, and Planning in Long Island City, New York
Primary Location: United States,New York,Long Island City
Education: Bachelor's Degree
Job Function: Consumer Sales
Shift: Day Job
Employee Status: Regular
Travel Time: Yes, 25 % of the Time
Job ID: 19036940
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. Our core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of our clients.
Citi’s Mission and Value Proposition at http://www.citigroup.com/citi/about/mission-and-value-proposition.html explains what we do and Citi Leadership Standards at http://www.citigroup.com/citi/about/leadership-standards.html explain how we do it. Our mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. We strive to earn and maintain our clients’ and the public’s trust by constantly adhering to the highest ethical standards and making a positive impact on the communities we serve. Our Leadership Standards is a common set of skills and expected behaviors that illustrate how our employees should work every day to be successful and strengthens our ability to execute against our strategic priorities.
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.
The Global Consumer Bank is on a journey to transform the business model and pivot for growth. The world has changed and disruption is at our door. We are faced with an increasingly competitive environment where customer expectations are higher than ever. We must radically simplify the way we do business, reevaluating everything we do with the goals of speed, simplicity and more efficiently deploying resources. It is imperative that we become a flatter, leaner organization capable of executing with greater efficiency and agility. We need to accelerate the transformation of our operating model to be mobile first and lead what’s next digitally to pivot to growth.
We attract and nurture local talent from all over the world, ensuring our people are both deeply attuned to regional needs but also bring a global mindset to help clients, communities and nations move forward. Our culture is fueled by men and women with the passion to push beyond borders and boundaries, and the wisdom and courage to do what’s right.
Citi’s Global Consumer Bank has a unique opportunity to leverage its global consumer relationships and footprint, state of the art technology and leading consumer banking position to deliver customer value in a targeted and impactful way. Citi is optimizing its relationship structure to realize a fully integrated global delivery model with technology at its core, where sales, marketing and product all work in concert on the cross platform goals of the company to deliver a remarkable customer experience. To help us continue on this journey, the Global Consumer Bank is building a small yet seasoned Business Development (BD) team.
The new GCB Head of Business Development is charged to support the growth and profitability of Citi’s Global Consumer Bank by identifying new vectors of growth that ultimately impact the products, services and capabilities we are able to offer our clients. The newly formed team will provide leadership and expertise on informing, solving and driving the execution of the most critical strategic partnerships and negotiations for GCB. As a result, there is an exciting opportunity as Director of Strategy, Competitive Intelligence and Planning, to manage the strategic priorities and a portfolio book of work to progress the GCB Business Development agenda, in addition to the overall operation and control of the team. The candidate must establish strong working relationships with internal colleagues across GCB and ICG, and will be expected to manage multiple priorities on a day-to-day basis.
Core responsibilities will be leading a small team in the management of:
·Develop the overall Consumer business strategy through competitive intelligence and market insight for GCB CEO – conduct financial, market and/or organizational research as needed to define goals and opportunities
·Assess trends, innovations and business opportunities to develop an overall strategy that drives decisions for key GCB markets
·Develop the GCB external Investor Day storyline
·Analyzing the overall GCB structure and recommending related operating efficiencies
·Support potential transactions/business cases in conjunction with the core BD team in producing proposals for client meetings, as well as assessing from a strategic, operational and financial perspective. Lead market rationalizations.
·Formulate and shepherd cross-franchise initiatives, programs from conception to completion – support strong working relationships with internal colleagues across GCB and ICG to ensure we proactively maximize Citi’s holistic position
·Establish best practices and build a (GCB BD) playbook on methodologies/tools for approaching transactions across GCB with the BD team
·Manage GCB Business Development Council
·Provide business management capabilities, including working with finance and HR to strategize and create processes,as well as manage associated in business controls for the team
·Participate/facilitate/influence business’ strategic planning and business development activities
·Assist and/or lead initiatives and special projects critical to the direction of business on behalf of the Head of Business Development
·Lead and manage a small, high performing team to work across business lines to support the overall business management and communication needs for the Head of BD. Specifically:
oManage requests from GCB Executive leadership team, as well as other senior partners including: updates on strategic priorities (i.e. Must Win Battles) and work collaboratively with their offices on meeting agendas and requests
oManage the overall communication needs for the Head of Business Development; organize commitments such as presentations/messaging to management committee, strategy off-sites, Town Halls and other internal & external speaking engagements, developing related agendas and track of follow ups
oManage the operations of the team, including working with Finance and HR to strategize and create processes, manage the overall business controls of the team and establish management routines/operating rhythms (e.g., agenda setting and coordination of regularly occurring meetings)
Business Experience and
10+ years of management experience in financial services or consulting with background in Fin Tech, Payment industry and/or digital commerce
Proven track record of execution and results
Strategic and project management capabilities coupled with strong analytic and financial acumen
Demonstrated ability to synthesize information, prioritize business goals and drive results with a high sense of urgency
Excellent stakeholder management skills to ensure alignment and buy-in across the organization
Conducts rigorous analysis and is able to synthesize complex and multiple source data into fact based and nuanced solutions
Ability to build credible and trusting relationships across Citi
Influential and high track record of followership with demonstrated experience gaining consensus and alignment in a highly matrixed environment- strong network of relationships among peers, internal partners, external constituencies and decision makers
Strong interpersonal, influencing and written/verbal communications skills.
Outstanding people leadership skills, able to envision an enhanced future state and motivate and inspire others to create it
Pragmatic problem solver, forward thinker with independence of thought.
Promotes a culture of collaboration and teamwork across organizational boundaries; willing to break down functional silos to optimize business results and to facilitate the overall growth of the franchise.
Self-motivated, highly adaptive and able to work well in high stress
·BA/BS required, MBA preferred
·Travel approximately 10-15%
Citi is an equal opportunity and affirmative action employer. Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.
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