Structured Notes are an invaluable tool for funding and derivative revenues within Citi, and this exciting front office structuring role within the Global Markets Issuance team is seeking an experienced individual with a breadth of relevant experience to help develop and enhance our market leading structured notes business. This role will work alongside senior Sales and Trading stakeholders in the notes issuing business and will partner very closely with first and second line functions. It is envisaged this role would work on all aspects of the Notes businesses; at the intersection of client needs and product trends, treasury requirements and constraints, and associated liquidity dynamics.
The role requires someone with a strong track record across derivative markets, who understand the dynamics having worked in either a Corporate Treasury or Markets role, with a successful track record of managing and influencing stakeholders. This role will appeal to an innovative thinker, who is able to deliver change through challenging the status quo and unconventional thinking, based on a deep knowledge of/ability and desire to learn pricing processes/policies within a commercial setting, whilst adhering to the highest risk management and governance standards.
What you will do will be varied day to day, but the key drivers for the role are:
Liaising with Sales and Structuring on discussions relating to pricing, issuance capacity, buybacks, and the restructuring of Citi issued structured notes.
Leading the dialogue with internal partners across Markets and Treasury in relation to best-in-class pricing, reporting, tenor profile, product diversification and maturity concentration frameworks.
Drive the issuance vehicle strategy from a front office perspective, ensuring consistency with resolution plans and no disruption to issuance activity from upcoming rules and regulations.
Coordinate with other asset classes within Global Markets Issuance (GMI) to ensure the most profitable transactions are prioritised and executed on.
Managing the multiple (and often) competing constraints relating to Liquidity Coverage Ration (LCR), Net Stable Funding Ratio (NSFR), Internal Liquidity Stress Testing (ILST), Global Systemically Important Banks (GSIB) Risk Weighted Averages (RWA), and Stress loss from a front office issuance perspective in partnership with Treasury and second line functions
What we will need from you:
Extensive Markets and/or Corporate Treasury experience in an issuance/liquidity set up, with a proven track record and extensive knowledge of end-to-end process flows for Markets Trading and/or Treasury.
A Track record of directing change processes in both process and technology.
An ability to demonstrate success in managing senior executive communications across internal stakeholders and being able to produce clear and concise written and verbal communication.
The capacity to influence and inspire confidence in partners within Markets businesses.
Working to high standards and a strong self-driven work ethic, inspiring respect and trust through competent and confident leadership.
Treasury and Funding. Experience in transfer pricing/governance of structured notes would be preferred but is not essential.
Undergraduate or postgraduate degree in a numerate discipline
Candidates applying for this role must be aware that it is a Certified Role, subject to the FCA and PRA Certification Regime.
The Certification Regime is one element of the Individual Accountability Regime which came into effect on 7 March 2016.
Under the Certification Regime, Citi UK regulated entities (Citi entities) must ensure that employees working in certain roles categorised as specified significant harm functions (Certified Roles) are assessed as fit and proper to carry out their role.
Under the guidance provided by the FCA and PRA, firms should have regard to the following when assessing fitness and propriety:
* Honesty, integrity and reputation
* Financial soundness
* Competence and capability
In order to comply with the requirements of the Certification Regime, Citi entities must take reasonable care to ensure that an employee does not perform a Certified Role without first being certified as Fit and Proper. For this reason, you will be assessed for this role against the Fit and Proper requirements, as described above.
This assessment will be carried out through extensive interviews, self-disclosures, permitted criminal record checks, regulated reference checks, credit checks and other background screening checks.
------------------------------------------------------
Job Family Group:
Institutional Trading------------------------------------------------------
Job Family:
Structuring------------------------------------------------------
Time Type:
Full time------------------------------------------------------
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
Citi works tirelessly to provide consumers, corporations, governments and institutions with a broad range of financial services and products. We strive to create the best outcomes for our clients and customers with financial ingenuity that leads to solutions that are simple, creative and responsible.
"We consistently assess Citi’s role in response to three questions: What are we doing to help create inclusive and resilient communities? How can we use our voice to help drive dialogue toward solutions? Is Citi walking the talk — are we doing the right things within our own firm? The short answer to all three of these questions continues to be the same: that we can and should do more."
— Michael L. Corbat, CEO
Workplace Initiatives | |
Program for parents returning to work after Parental Leave? | Yes- Open for vacancies in November 2019 |
Leadership development programs? | Yes |
Mentoring programs? | Yes |
Coaching programs? | Yes |
Employee-led diversity networks? | Yes |
Internal women’s networking groups? | Yes |
Open to discussing flexible work arrangements at interview stage? | Yes |
No. of weeks paid maternity leave at full salary: | up to 26 weeks |
Minimum weeks tenure required to be eligible for paid maternity leave: | 26 weeks |
No. of weeks paid paternity leave at full salary: | 2 weeks |
Minimum tenure required to be eligible for paid paternity leave: | 26 weeks |
Workplace Initiatives | |
Gender pay gap reporting information 2017 (UK): | |
Average pay gap: | 43.50% |
Median pay gap: | 32.00% |
Average bonus gap: | 71.60% |
Median bonus gap: | 71.40% |
Signatory of the UK Women in Finance Charter? | Yes |
Targets to raise the number of women in leadership? | Yes |
Targets to raise the number of BAME individuals in leadership? | Yes |
Listed in the Bloomberg Diversity & Inclusion Index? | Yes |
Returner Programme
The Citi Returner Programme is a supportive hiring programme, designed to help you transition from a career break into a career within financial services. You may have worked in the finance sector, the tech sector or another industry all together! We value your knowledge, skills and experience, regardless of how and where you have developed them. We believe that hiring people from different backgrounds with diverse perspectives brings advantages to our teams.
The programme will start in January 2020 and Returners will benefit from a structured and in-depth induction to help them transition successfully back into the workplace, followed by a tailored programme of professional development and learning delivered over a period of 15-18 months, dependent on the role and career pathway.
Returners will undertake professional qualifications as part of the programme and enjoy the benefits of being part of a supportive cohort. Citi recognises the importance of flexible working arrangements and is happy to explore these with you.
Eligible candidates will –
• Have been on a career break for at least two years
• Be looking to start the next phase of their career in financial services, in a range of roles, including operations and technology
• Demonstrate natural curiosity and be motivated to learn new skills
• Exhibit excellent leadership and communication skills
The returner programme will be open for applications on the 1st September 2019.