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Head of Incoming Payments - Branded Cards & Lending & Citi Retail Services

Head of Incoming Payments - Branded Cards & Lending & Citi Retail Services

CitigroupCharlotte, NC, US
7 days ago
Job type
  • Full-time
Job description

Head Of Incoming Payments - Branded Cards & Lending & Citi Retail Services

Working at Citi is far more than just a job. A career with us means joining a team of more than 230,000 dedicated people from around the globe. At Citi, you'll have the opportunity to grow your career, give back to your community and make a real impact.

Job Overview

The head of incoming payments for branded cards & lending and citi retail services plays a crucial role for uspb, by overseeing more than ~900 million payments received annually through multiple channels (and payments rails) from our client base of more than 70 million accounts. The head of incoming payments for bc&l and crs will lead a team of product managers responsible for developing and implementing intuitive / convenient mechanisms for clients to pay their credit cards bills. This involves understanding the evolving payments landscape and developing proactive strategies for incoming payments, including :

  • Launching new channels / rails & managing new initiatives by providing oversight of requirements and use case development to ensure consistent customer experience and adherence to regulations and policies (including cross group projects that impact payments).
  • The potential rationalization of existing channels / rails &
  • Redesigning payments flows for improved / consistent customer experience and risk reduction.

Responsibilities include certain in-business risk management activities related to incoming payments, including supporting an effective managers control assessment program (playing a key role in the identification & assessment of both inherent risks and controls) ultimately ensuring that individual customer payments are posted correctly and timely within compliance with reg z 1026.10. To achieve this goal, the scope also includes developing the inventory of the existing incoming payments channels / processes, aiming to enhancing the control environment through process / controls documentation and monitoring (establishing an incoming payments dashboard) of a multiplicity channels (for which the role will take ownership), including :

  • Citi mobile app (internal transfer + ach)
  • Citibank online (internal transfer + ach)
  • Third party bill payments (fiserv, mastercard's rpps, western union & moneygram)
  • Interactive voice response
  • Express mail (exela, deluxe)
  • Agent assisted / phone
  • Branch teller & atm (cash, check and internal transfer)
  • In-store payments (crs)
  • Text to pay (crs)
  • Wire payments
  • In addition, the role will be expected to :

  • Interpret payment regulations and citi policies, overseeing their implementation and driving new initiatives to ensure compliance.
  • Oversee / manage all customer-facing disclosures and communications related to incoming payments.
  • Front both internal (e.g. : internal audits, compliance business monitoring, etc.) and external (e.g. : regulatory exams / focus reviews) reviews.
  • Qualifications

  • The ideal candidate will have 15+ years of experience in financial services, with a proven track record in strategy execution, external industry engagement, and managing high-performing product teams.
  • Candidate should possess strong business judgment, analytical skills, a consumer-centric mindset, and excellent communication skills. A deep understanding of credit cards and a passion for emerging technologies are also essential.
  • Strong risk and control acumen and process management experience is also needed.
  • The position requires experience in defining product roadmaps, collaborating with design, operations and technology, and successfully launching products, channels and processes at scale.
  • Education

  • Bachelor's degree / university degree or equivalent experience
  • Master's degree preferred
  • Create a job alert for this search

    Of • Charlotte, NC, US

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