Citi Private Bank - NAM Trust Investment Analyst - AVP

IIBA (International Institute of Business Analysis); Jersey City (NJ); On-site; USD 98,000 - 149,000; Full time

Job summary

A leading financial institution is seeking an Investment Analyst in Jersey City to oversee Trust accounts and manage investment risks. The role involves oversight on investments, preparing reports, and working collaboratively with various teams. Candidates should possess a Bachelor's Degree and relevant industry experience of at least five years. Strong analytical skills and proficiency in Microsoft Excel are essential for success in this role.

Benefits

Medical, dental & vision coverage

401(k)

Paid time off including vacations and sick leave

Wellness programs

Life, accident, and disability insurance

Qualifications

• 5+ years of relevant experience in the financial services industry.
• Knowledge of trust/fiduciary administration and investment vehicles.
• Familiarity with computational languages like Python preferred.

Responsibilities

• Oversee discretionary investments in Trust accounts.
• Prepare daily, monthly, and quarterly reports.
• Identify and escalate risk items according to policy.

Skills

Organizational skills

Problem-solving skills

Analytical skills

Attention to detail

Written communication

Verbal communication

Interpersonal skills

Education

Bachelor's Degree

Tools

Microsoft Excel

Bloomberg

Fi-Tek

Charles River

Pershing/Lockwood

Job description

Duties and Responsibilities :

Under the supervision of the head of Investment Management Oversight for Citi Trust NAM, the Investment Analyst will help oversee discretionary investments in Trust accounts, monitor investment activity, and resolve investment risks and exceptions. This is a risk management role and involves significant report preparation and tracking activity. It is not a portfolio manager or investment advisor role and is not client-facing. The responsibilities of the position may include the following:

• Prepare and/or review daily, monthly, and quarterly business and operational reports for committees, including maintaining grid of report deliverables, scheduling committee meetings and participants, preparing meeting minutes, and maintaining files and documents for audit tracking
• Review approved investment activity daily to confirm completion of changes
• Prepare various monthly and quarterly reports for management and Board of Directors
• Identify and escalate risk items in accordance with the Trust Risk Policy
• Monitor and research daily asset allocation and restriction alerts to ensure that violations are resolved
• Enter/review/approve mutual fund, ETF, stock, and bond trade orders
• Research and respond to inquiries from trust officers and investment counselors on investment-related matters
• Assist with due diligence of investment managers, performance review and attribution, and ongoing account monitoring
• Gather materials needed to respond to requests from the OCC, Internal Audit, and internal partners (Compliance, Investment Risk, Operations, etc.)

• Maintain monthly group vacation calendar

General Requirements:

Education:

• Bachelor's Degree required

Knowledge / Abilities:

• 5+ years of relevant experience in the financial services industry. Knowledge of trust/fiduciary administration, portfolio management experience, or experience in Risk, Internal Audit or Compliance a plus.
• Familiarity with investment vehicles (stocks, bonds, alternative and derivative investments)
• Excellent PC skills, including knowledge of Microsoft Office Applications. High degree of proficiency in Microsoft Excel is required. Experience with Bloomberg is preferred. Knowledge of computational language such as Python preferred but not required.
• Proven organizational and problem-solving skills, with a high level of attention to detail.
• Demonstrated ability to work independently, adjust priorities quickly as circumstances dictate, and use sound reasoning and judgment.
• Ability to work under pressure, multi-task and manage deadlines or unexpected changes in or increase in job requirements.
• Clear and concise written and verbal communication skills.
• Strong analytical and strategic aptitudes, with the ability to learn quickly.

• Knowledge of Fi-Tek, Charles River, Pershing/Lockwood and business object reports preferred but not required.
• Strong interpersonal skills, team-oriented and able to cultivate and leverage relationships across global teams.
• No travel required.

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Job Family Group:
Private Client Product Services
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Job Family:
Trust Investment Management
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Time Type:
Full time
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Primary Location:
Jersey City New Jersey United States
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Primary Location Full Time Salary Range:
$98,960.00 - $148,440.00

In addition to salary, Citi's 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:
Mar 29, 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 .