Senior Vice President, Insurance Premium Financing Product Management & Governance

Whether you’re at the start of your career or looking to discover your next adventure, your story begins here.  At Citi, you’ll have the opportunity to expand your skills and make a difference at one of the world’s most global banks.  We’re fully committed to supporting your growth and development from the start with extensive on-the-job training and exposure to senior leaders, as well as more traditional learning.  You’ll also have the chance to give back and make a positive impact where we live and work through volunteerism.

Shape your Career with Citi

Citi’s wealth business offers a wide range of products and solutions, from investment strategies, to banking and lending, to trust and specialized services.  The Wealth business delivers solutions to help meet the wealth needs and aspirations of our affluent and HNW/UHNW clients around the world.  Its clients receive customized banking services that crosses borders, including bespoke service as well as access to the best ideas and solutions tailored to their unique needs and aspirations. The business offers a wide range of products and services covering capital markets, managed investments, portfolio management, trust and estate planning, investment finance and banking.

We’re currently looking for a high caliber professional to join our team as Senior Vice President, Insurance Premium Financing Product Management & Governance - Hybrid (Internal Job Title: Senior Vice President, Insurance Premium Financing Product Management & Governance - C14) based in Singapore or Hong Kong.  Being part of our team means that we’ll provide you with the resources to meet your unique needs, empower you to make healthy decision and manage your financial well-being to help plan for your future.  For instance:

• We believe all parents deserve time to adjust to parenthood and bond with the newest members of their families. That’s why in early 2020 we began rolling out our expanded Paid Parental Leave Policy to include Citi employees around the world.
• We empower our employees to manage their financial well-being and help them plan for the future.
• We have a variety of programs that help employees balance their work and life, including generous paid time off packages.

Senior leadership role responsible for end-to-end product governance, regulatory oversight, portfolio management, and frontline enablement for Insurance Premium Financing (IPF) across Asia. The role includes Material Risk Person (MRP) accountability, strong engagement with Risk, Legal, Compliance, and driving product innovation and digitization.

In this role, you’re expected to:

• Manage end-to-end product lifecycle, including program updates, launches, and post-implementation tracking.
• Expand product globally.
• Lead product governance for new insurance product variants, including financing eligibility assessments.
• Partner with Risk on portfolio monitoring, underwriting alignment, and delinquency management.
• Oversee loan documentation standards (applications, offer letters, assignments, disclosures) with Legal/ICRM approvals.
• Drive regulatory engagement with MAS and HKMA, including submissions, reviews, and governance forums.
• Act as Material Risk Person (MRP) (where applicable) and represent IPF in senior governance forums.
• Manage internal/external audits and execute MCA controls and testing.
• Lead business management activities, including ENR/BOP planning, QMMF forecasts, MIS reporting, and issue escalation.
• Support frontline enablement, training, and solutioning for insurance financing strategies.
• Track portfolio metrics (Net AUM, CSV, insurer ratings, surrender trends) and lead remediation where required.
• Drive process improvements across Credit Ops, Risk, Compliance, and Frontline.
• Define and execute Technology Book of Work, including UAT, releases, and digital/STP enhancements.
• Monitor market trends and competitor offerings to inform pricing and product 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.

Development Value

• Direct exposure to regional leadership and regulators (MAS, HKMA)
• Opportunity to operate in a high-impact governance and MRP capacity
• Broad cross-functional leadership across Product, Risk, Technology, and Frontline
• Influence product strategy, innovation, and portfolio health across Asia

As a successful candidate, you’d ideally have the following skills and exposure:

• Bachelor’s degree required
• Advanced degree or relevant certifications preferred
• 10–12+ years in insurance premium financing, lending products, or private banking credit
• Strong understanding of credit risk, insurance industry, and portfolio monitoring
• Experience with regulatory frameworks (MAS, HKMA) and governance forums
• Proven track record in product management and stakeholder engagement
• Strong risk and control mindset
• Advanced stakeholder management and influencing skills
• Ability to operate in complex, matrixed environments
• Strong analytical and problem-solving capabilities
• Experience in process transformation and digitization initiatives

Take the next step in your career, apply for this role at Citi today

https://jobs.citi.com/dei

This job description provides a high-level review of the types of work performed.  Other job-related duties may be assigned as required.

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Job Family Group:

Private Client Product Services

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Job Family:

IF Lending Generalist

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Time Type:

Full time

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Most Relevant Skills

Please see the requirements listed above.

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Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

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Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.

 

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