At a Glance
- Tasks: Drive new business revenue and expand Citco's footprint in the real assets sector.
- Company: Join Citco, a market leader in asset servicing since 1948, known for innovation and excellence.
- Benefits: Enjoy flexible working arrangements, training support, and a diverse, inclusive culture.
- Why this job: Be at the forefront of the real assets industry, shaping its future while building valuable relationships.
- Qualifications: Bachelor’s degree with 10+ years in real estate investment and strong leadership skills required.
- Other info: Citco values diversity and offers accommodations for candidates with disabilities.
The predicted salary is between 48000 - 72000 £ per year.
About Citco: The market leader. The premier provider. The best in the business. At Citco, we’ve been the front-runner in our field since our incorporation in 1948 led to the evolution of the asset servicing sector itself. This pioneering spirit continues to guide us today as we innovate and expand, push beyond the boundaries of our industry, and shape its future. From working exclusively with hedge funds to serving all alternatives, corporations and private clients, our organization has grown immensely across asset classes and geographies. For us, this progress is a pattern that we’ll only maintain as we move forward, always prioritizing our performance.
About the Team & Business Line: Fund Administration is Citco’s core business, and our alternative asset and accounting service is one of the industry’s most respected. Our continuous investment in learning and technology solutions means our people are equipped to deliver a seamless client experience.
Your Role: Responsible for generating new business revenue for Citco’s real assets line of business utilizing Citco consultative sales approach and leveraging our SME’s, driving the growth and expanding the firm’s footprint in the real assets space in Europe. Focus should be primarily on mid-size and large real assets investment managers across all strategies – core, core+, value-add and opportunistic and all structure types – closed-ended and open-ended. Additional responsibilities include raising the firm’s profile and increasing brand awareness for Citco across Europe within the real assets ecosystem and building and nurturing relationships with the relevant stakeholders/feeders in the industry.
Qualifications: You have bachelor’s Degree in relevant field ideally 10+ year’s real estate investment experience, predominantly in Real Assets Real Estate funds. 5+ years’ demonstrated senior leadership experience. Communicate effectively – negotiation, presentation capabilities. Proven record of accomplishment in new business generation with sustainable YOY growth. Strong knowledge of the alternative fund industry. Ability to work in a team environment, manage multiple priorities and meet deadlines. Demonstrate initiative and leadership capabilities, ability to escalate when appropriate. CPA, ACCA, CIMA designation would be an advantage.
Our Benefits: Your well being is of paramount importance to us, and central to our success. We provide a range of benefits, training and education support, and flexible working arrangements to help you achieve success in your career while balancing personal needs. We embrace diversity, prioritizing the hiring of people from diverse backgrounds. Our inclusive culture is a source of pride and strength, fostering innovation and mutual respect. Citco welcomes and encourages applications from people with disabilities. Accommodations are available upon request for candidates taking part in all aspects of the selection.
Responsibilities: Responsible for the management and execution of Citco’s BD and Sales business plan for the European region and ensure strategy is aligned with global objectives. Maintain an effective and measurable BD and Sales pipeline across LOB’s targeting strategic opportunities within the new launch and conversion space. Manage and measure performance of the BD and Sales function with focus on sales activity, revenue forecasting, profitability etc. Manage the end-to-end sales pipeline process in collaboration with European MD’s, SMEs and business managers. Lead and execute BD and Sales tactical and strategic goals with new market penetration, sales campaigns etc. to ensure proactive approach with new lead generation. Maintain effective lines of communication to senior management and Citco MD’s and across peer groups, SME’s etc. Ensure quality of the output of the BD and Sales function in Europe. Manage risk associated with the BD and Sales process and cycle. Manage BD/Sales reporting requirements to senior management including revenue YTD, timesheets, expenses, monthly news bulletin etc. Build, maintain and measure success of the European feeder network across LOB’s. Work with Marketing and Communications Group to assist Citco brand building initiatives via industry events and conferences, Citco hosted and co-hosted events. Increase Citco’s brand awareness by working alongside Citco’s PR agent. Coordinate the completion of RFPs, and new business proposals to management. Create, maintain, and promote product-related branding and marketing pitch materials.
Contact Detail:
Citco GSGS Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Development Manager – Real Assets Fund Administration
✨Tip Number 1
Network actively within the real assets investment community. Attend industry events, conferences, and seminars to meet potential clients and stakeholders. Building relationships in person can significantly enhance your visibility and credibility in this competitive field.
✨Tip Number 2
Stay updated on market trends and developments in the real assets sector. This knowledge will not only help you in conversations but also position you as a thought leader. Share insights on platforms like LinkedIn to attract attention from key players in the industry.
✨Tip Number 3
Leverage your existing connections to get introductions to decision-makers at mid-size and large real assets investment firms. A warm introduction can often lead to more fruitful discussions than cold outreach.
✨Tip Number 4
Demonstrate your leadership capabilities by volunteering for projects or initiatives that showcase your skills in business development. This proactive approach can set you apart and highlight your commitment to driving growth in the real assets space.
We think you need these skills to ace Business Development Manager – Real Assets Fund Administration
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in business development and real assets fund administration. Use specific examples of your achievements in generating new business revenue and managing client relationships.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention how your background aligns with Citco's goals, particularly in expanding their footprint in the real assets space across Europe.
Showcase Leadership Experience: Since the role requires senior leadership experience, emphasise your past roles where you demonstrated leadership capabilities. Provide examples of how you managed teams or projects successfully.
Highlight Industry Knowledge: Demonstrate your strong knowledge of the alternative fund industry in your application. Discuss any relevant certifications like CPA, ACCA, or CIMA, and how they contribute to your understanding of real estate investment.
How to prepare for a job interview at Citco GSGS
✨Understand the Company and Its Values
Before the interview, take some time to research Citco's history, values, and recent developments in the real assets sector. This will help you align your answers with their mission and demonstrate your genuine interest in the company.
✨Showcase Your Relevant Experience
Prepare to discuss your 10+ years of experience in real estate investment and how it relates to the role. Highlight specific achievements in business development and new revenue generation that showcase your ability to drive growth.
✨Demonstrate Strong Communication Skills
As the role requires effective negotiation and presentation capabilities, practice articulating your thoughts clearly and confidently. Be ready to provide examples of how you've successfully communicated with stakeholders in previous roles.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills and ability to manage multiple priorities. Think of scenarios where you've had to lead a team or navigate challenges in business development, and be prepared to discuss the outcomes.