Portfolio Construction & Analytics - Senior Lead - New York

Citigroup; New York (NY); On-site; USD 120,000 - 190,000; Full time

Job summary

Citigroup's Citi Wealth Chief Investment Office seeks a Senior Portfolio Specialist to help bankers and investment counsellors build bespoke portfolios, deliver client-centric analytics, and translate global CIO views into actionable asset allocations.

You will design multi-asset strategies, perform risk analytics, and present recommendations to clients and internal teams, traveling 15-30% to support regional markets in North America.

Qualifications

• Advanced knowledge of Modern Portfolio Theory, asset allocation techniques, portfolio simulation, risk analytics, financial markets and investment strategies.
• Knowledge of Capital Markets and Managed Investment products including derivatives and alternative investments.
• Knowledge with financial modelling (including Monte Carlo simulation, optimization, and regression) and statistical analysis tools.
• Soft skills include a can-do attitude, sense of ownership and a team-player approach.
• Education: Degree in Economics, Mathematics, Finance, Engineering or related fields.

Responsibilities

• Fully own and drive the process on a client by client basis of translating Citi Wealth CIO global and regional investment views into concrete asset allocation recommendations on a whole portfolio basis across both public and private market asset classes.
• Design customized asset allocation strategies for clients' portfolios using proprietary models and tools. Comprehensive investment strategies may be multi-asset class or within a single asset class and can incorporate a client's total balance sheet and cash flow needs, including philanthropy goals and generational transfer requirements.
• Perform in-depth analysis on individual investment products, strategies, and portfolios across asset classes.
• Perform statistical modeling across asset classes, including building in-house applications that allow insights to be scaled across the investment organization.
• Develop objective, actionable proposals for clients.
• Interact with clients to present and discuss portfolio analysis and investment proposals. Discuss and educate others - internally and externally - on portfolio and investment topics openly and confidently.
• Partner with regional leadership from the client organization to identify and address market-specific strategic priorities, delivering tailored outputs that reflect the unique needs and behaviors of each market and support the region's agenda.
• Partner with manager selection and product teams across Citi Wealth to deliver whole portfolio solutions to clients.

Skills

Modern Portfolio Theory

Asset allocation

Risk analytics

Statistical modeling

Communication skills

Teamwork

Proactive ownership

Education

Economics/Mathematics/Finance/Engineering degree

Tools

Monte Carlo simulation

Optimization

Regression analysis

Job description

The Portfolio Construction & Analytics team is an integral part of the Citi Wealth Chief Investment Office (CIO) , dedicated to delivering comprehensive, analytical, and highly customized investment strategies with specific actionable solutions across different Citi Wealth client segments.

The position is responsible for helping Bankers & Investment counsellors build bespoke portfolios, deliver client-centric investment advice and analytics and contribute to the strategic objectives of the North America region while supporting the broader Citi Wealth CIO investment framework.

Our approach to work with clients on achieving their investment objective, and translating the CIO's global investment views into sophisticated, client-specific portfolios or strategies, drawing on the best global thinking and customizing it to the needs of each client's particular situation. The strategy adopted by the group is based upon strong teamwork globally and a highly supportive and inclusive attitude towards colleagues across Citi Wealth and Citi as a whole.

The Senior Portfolio Specialist will have the opportunity to conduct bespoke asset allocation, portfolio optimization and construction, risk identification, fund and capital market strategies, and statistical modeling. Innovation remains a cornerstone of the team's approach. The team is responsible for four key areas:

Portfolio Insights & Construction

Building portfolios that leverage the views of Citi Wealth's CIO global and regional themes, translating investment views into actionable portfolio solutions for clients across both public and private market asset classes.

Customized Analytics

Provision of client-specific analytics and recommendations based upon clients' needs and portfolio holdings, covering assets and liabilities.

Scalable Analytics

Supporting the development of analytical tools that enable client-facing teams to independently generate portfolio analytics, broadening the reach and impact of the CIO investment framework.

Stakeholder Facing Analytical Expert

Presenting portfolio recommendations and ideas to internal bankers and investment counsellors in internal meetings/forums and also external client presentations/meetings.

This position would suit a proactive, energetic and quantitatively oriented investment professional with an analytical mindset who has the ability to leverage AI within their workflow and communicate complex solutions to clients clearly.

Responsibilities

• Fully own and drive the process on a client by client basis of translating Citi Wealth CIO global and regional investment views into concrete asset allocation recommendations on a whole portfolio basis across both public and private market asset classes.
• Design customized asset allocation strategies for clients' portfolios using proprietary models and tools. Comprehensive investment strategies may be multi-asset class or within a single asset class and can incorporate a client's total balance sheet and cash flow needs, including philanthropy goals and generational transfer requirements.
• Perform in-depth analysis on individual investment products, strategies, and portfolios across asset classes.
• Perform statistical modeling across asset classes, including building in-house applications that allow insights to be scaled across the investment organization.
• Develop objective, actionable proposals for clients.
• Interact with clients to present and discuss portfolio analysis and investment proposals. Discuss and educate others - internally and externally - on portfolio and investment topics openly and confidently.
• Partner with regional leadership from the client organization to identify and address market-specific strategic priorities, delivering tailored outputs that reflect the unique needs and behaviors of each market and support the region's agenda.
• Partner with manager selection and product teams across Citi Wealth to deliver whole portfolio solutions to clients.

Experience and Qualifications

• Advanced knowledge of Modern Portfolio Theory, asset allocation techniques, portfolio simulation, risk analytics, financial markets and investment strategies.
• Knowledge of Capital Markets and Managed Investment products including derivatives and alternative investments.
• Knowledge with financial modelling (including Monte Carlo simulation, optimization, and regression) and statistical analysis tools.
• Soft skills include a can-do attitude, sense of ownership and a team-player approach.
• Education: Degree in Economics, Mathematics, Finance, Engineering or related fields.
• Excellent communication skills (verbal / written) to all levels.
• Travel: 15% - 30%.
• Series 7, 66 or 63 and 65.
• Must meet ALL US FINRA Registration requirements within 150 days of starting in the role.

Desirable

• Previous investments experience with high and ultra-high net worth individuals.
• Previous investments experience in Outsourced CIO and/or Multi-Asset class organizations.
• CFA, CAIA, F