Corporate Banking Global Capital Management (GCM) - Senior Associate - LONDON

Citi; City Of London; On-site; GBP 125,000 - 150,000; Full time

Job summary

A leading global bank is looking for a candidate who will provide leadership in capital management projects and support deal teams in the capital approval process. The ideal candidate will possess strong credit skills, experience in client coverage, and the ability to multitask in a complex banking environment. This is a full-time role based in London, UK.

Qualifications

• Understanding of Citi’s strategy, priorities and constraints
• Exposure to a complex and fast-paced banking environment
• Technical knowledge of returns metrics, RWA and Citi’s Balance Sheet considerations
• Development of a network and increased internal visibility

Responsibilities

• Lead capital management initiatives and BBSF discussions
• Support deal teams throughout capital approval process
• Ongoing credit monitoring for clients in the portfolio
• Develop Analyst members’ skills

Skills

Strong credit skills, credit background and knowledge of Citi’s credit policies

Strong risk, control, and capital management skills

Strong data analytic skills

Experience in client coverage

Ability to multitask

Strong verbal, written and interpersonal communication skills

Job description

Job Purpose

• Ensure efficient and optimal use of capital in Europe, MEA and the UK by leading capital optimisation initiatives and facilitating Banking Balance Sheet Forum (BBSF) discussions
• Support Parent Account Managers in GCM in onboarding and day-to-day relationship management for Leverage Finance, Sponsor-Owned and IPO prospect clients, ensuring strong partnership with ICM, Risk, GAM, IB and LevFin
• Lead strategic projects (incl. Red Zone Review, Risk Weighted Asset Management, Forecasting and Franchise Reviews)
• Analyse client and franchise data and present to global and regional seniors
• Liaise with NAM, LATAM and APAC GCM partners to ensure globally consistent practices
• Build strong working relationships with internal and external partners

Key Responsibilities

• Provide leadership and active participation in Capital Management projects (Red Zone Review, Risk Weighted Asset Management, Forecasting, Franchise Reviews)
• Support deal teams in Banking Balance Sheet Forum discussions and throughout capital approval process. Review deal submissions, validate assumptions, provide recommendation and coordinate BBSF no-objection/ capital approvals, applying prudent capital management analysis and ensuring capital allocation in line with Citi Shareholder Returns Targets
• Actively support in onboarding and coverage of clients from a Corporate Banking perspective to help cross-sell full spectrum of Citi products and services
• Responsible for ongoing credit monitoring (evaluating public filings, research reports, operations, business plans, and financial forecasts) for clients in the portfolio, alongside IRAU and Leverage Portfolio Group
• Help develop Analyst members’ coverage & credit skills

Development Value

• An understanding of Citi’s strategy, priorities and constraints, and a more balanced view of banking and the holistic service that Citi offers
• Exposure to a complex and fast-paced banking environment
• Technical knowledge of returns metrics, RWA and Citi’s Balance Sheet considerations
• Develop network and increase internal visibility; especially with senior management and product partners regionally and globally given GCM’s various touchpoints
• Support relationships as a coverage banker with direct client responsibility

Skills and Experience

• Strong credit skills, credit background and knowledge of Citi’s credit policies
• Strong risk, control, and capital management skills
• Strong data analytic skills
• Experience in client coverage helpful
• Ability to multitask
• Strong verbal, written and interpersonal communication skills

Competencies

• Initiative (self-starter), highly-driven individual
• Adaptability & flexibility
• Team player - being able to work in partnership with other individuals on day-to-day and long term projects
• Strong leadership capabilities
• Sets examples of integrity, creativity, initiative and resourcefulness for the team

Candidates applying for this role must be aware that it is a Certified Role, subject to the Certification Regime. The Certification Regime is one element of the Individual Accountability Regime which has come into effect on 7 March 2016. Under the Certification Regime, certain 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, certain 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, reference checks, credit checks and other background checks. If hired for this role, you will also be required to complete an annual declaration regarding your Fitness and Propriety.

By submitting your application, you acknowledge that you have read the information above and that you are applying for a Certified Role. You also agree to Citi carrying out any additional screening required, including permitted criminal record checks, reference checks, credit checks and any other background checks.

Job Family Group: Institutional Banking

Job Family: Corporate Banking

Time Type: Full time

Most Relevant Skills

Please see the requirements listed above.

Other Relevant Skills

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

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.

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 Citi’s EEO Policy Statement and the Know Your Rights poster.