Business Selection, Conflicts & Reputation Risk, VP - London

Citigroup Inc.; London; On-site; GBP 80,000 - 130,000; Full time

Job summary

A leading financial services company is seeking a Business Selection VP to manage transactional conflicts and reputation risk. This role will involve coordinating decisions across Banking & International, requiring banking product knowledge and strong analytical skills. The individual will work closely with senior management and play a key role in risk mitigation and strategic decision-making.

Qualifications

• Expertise in risk management and familiarity with banking products.
• Proactive, detail-oriented, with exceptional business judgment.
• Ability to build strong stakeholder relationships in a dynamic environment.

Responsibilities

• Facilitate and manage BSCR decisions through centralized coordination.
• Collect and analyze qualitative data regarding client transactions.
• Participate in discussions with senior management and control functions.

Skills

Risk management

Excellent communication skills

Commercial judgment

Multitasking

Stakeholder relationships

Education

Law degree from a top-tier law school

1-2 years investment banking experience

Job description

The Business Selection, Transactional Conflicts and Reputation Risk (“BSCR”) team globally supports Banking & International bankers by reviewing potential engagements with clients for transactional conflicts of interest and reputation risk issues, and leading business decisions.

The BSCR team drives superior alignment decisions by holistically vetting alternative opportunities, client relationships, and revenue streams, while protecting Citi by mitigating transactional conflicts and reputation risks in partnership with the business and control functions.

Responsibilities:

The Business Selection VP will assist in facilitating and managing BSCR decisions through a centralized process in coordination with senior management in Banking & International. This group analyzes critical facts and drives business selection and conflict resolution decisions that increase the probability of success, maximize profitability, and minimize franchise and other risks. The role requires a strong understanding of banking products and transactional expertise. As part of a small, focused team, the individual will work closely with deal and relationship teams and first and second line control functions to support consistent, well-informed decision-making.

Critical responsibilities include, though are not limited to:

1. Collect, summarize, and, at times, develop qualitative and limited quantitative analysis relating to companies involved in a potential situation.
2. Determine what transactions need to undergo heightened review and elevate to broader BSCR team.
3. Communicate with deal team leaders to diligence specific deals, learn industry-related dynamics, and identify potential risks (including risks to reputation) and political sensitivities.
4. Extrapolate information from bankers regarding client relationships, transaction dynamics, and future business prospects.
5. Analyze key facts and circumstances that underlie BSCR decisions in a fair and impartial manner, avoiding client, regional, and franchise bias.
6. Participate in discussions involving senior management, deal teams, franchise and industry heads, and senior Legal, Compliance, and Risk to decide between potential clients, strategize on client management, optimize fees, weigh risks, and respond to client requests to limit Citi’s businesses or go hostile.
7. Verify that client discussions and documentation align with BSCR decisions.
8. Track and maintain key indicators and statistics for the group.
9. Assist in training bankers on transactional conflicts of interest and reputation risk.
10. Identify policy change needs and assist in modifying or creating policies.
11. Support cross-selling initiatives with other Citi businesses.
12. Assist in designing and testing enhancements to the conflict clearance system.

Qualifications:

• Expertise in risk management and familiarity with banking products and services.
• Excellent oral and written communication skills; ability to build strong stakeholder relationships.
• Proactive, detail-oriented, commercially-minded, with exceptional business judgment.
• Ability to drive change across multiple businesses and clusters.
• Self-starter with multitasking and prioritization skills in a dynamic environment.
• For JD candidates: a law degree from a top-tier accredited law school, admitted to practice law, with comprehensive experience in corporate law, especially M&A in a corporate or law firm setting.
• For non-JD candidates: 1-2 years of investment banking experience with significant M&A exposure.

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Job Family Group: Business Strategy, Management & Administration

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Job Family: Business Execution & Administration

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Time Type: Full time

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Citi is an equal opportunity and affirmative action employer. Qualified applicants will receive consideration regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.

For accommodations, review Accessibility at Citi. See the "EEO is the Law" poster, the EEO is the Law Supplement, the EEO Policy Statement, and the Pay Transparency Posting.