Location: all cities,NY, USA
Citi US Branded Cards (US Cards) is a market leader in the credit card industry. US Branded Cards maintains its leadership position by delivering industry-leading products, advanced services and payment systems that address clients evolving needs.
As the leading Card issuer, Citi strategic relationship with payment networks is a critical component of our payments strategy. The position will help maximize strategic and financial value of the network partnerships to Citi in the context of evolving payments industry. This is a highly visible position that not only requires a thorough understanding of cards payments ecosystem and economic incentives of the ecosystem participants, but also evolving regulatory landscape and what that means for Citi.
**Key Responsibilities:**
+ Evaluate, negotiate and manage high profile network partnership deals with payment networks that drive meaningful financial and strategic value to Citi
+ Develop RFP/Marketing materials to pitch our business to Network partners
+ Evaluate Network proposals to assess financial and strategic value to Citi
+ Drive negotiations with the networks; Coordinate with key stakeholders (Products, Finance, Legal) to ensure Citis interests are represented in the negotiation strategy
+ Project manage the deal cycle to ensure deliverables are completed in time by both internal and external stakeholders and key milestones are met
+ Implement the network contracts to the fullest extent and track and monitor that networks fulfill their obligations to Citi
+ Develop and track KPIs to ensure Citi is receiving and maximizing contractual benefits
+ Negotiate any new partnership constructs or adjustments with the networks needed to address new opportunities or challenges
+ Identify and champion new opportunities to support Citis strategic priorities leveraging networks services and capabilities
+ Act as an escalation point for all networks related topics
+ Assess and address new developments in the card payments ecosystem that impact Citi (for e.g., made by the networks, legislation or litigation)
+ Become a subject matter expert on the new developments
+ Leverage the industry knowledge and Citis business dynamics to understand various ways Citi will be impacted and develop recommendations
+ Drive Citis work to address the new developments in partnership with cross-functional stakeholders (including Products, Finance, Legal, Operations & Technology)
+ Understand the evolving payments landscape and stay abreast of current market environment and trends
**Skills & Experience**
+ 10+ years of experience in Payments industry. Good understanding of card network dynamics and business models
+ Experience negotiating commercials deals in financial services/ co-brand network deal experience a plus
+ Proven success in executing large scale initiatives in a complex matrixed organization
+ Ability to manage internal and external relationships to push forward business agenda
+ Ability to synthesize information, prioritize business goals and drive results with a high sense of urgency
+ Strong executive level communications, both verbal and presentations
+ Strong negotiation and influencing skills
+ BS/BA Degree or MBA
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**Job Family Group:**
Consumer Sales
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**Job Family:**
Consumer Business Development
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**Time Type:**
Full time
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**Primary Location:**
New York New York United States
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**Primary Location Full Time Salary Range:**
$176,720.00 - $265,080.00
In addition to salary, Citis offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.
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**Anticipated Posting Close Date:**
Aug 05, 2024
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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.
Citigroup Inc. and its subsidiaries (Citi) invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review **Accessibility at Citi ( .
View the EEO is the Law ( poster. View the EEO is the Law Supplement ( .
View the EEO Policy Statement ( .
View the Pay Transparency Posting ( English_formattedESQA508c.pdf)
Citi is an equal opportunity and affirmative action employer.
Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.