At a Glance
- Tasks: Drive new business revenue in private markets through consultative sales and relationship building.
- Company: Join Citco, a pioneering leader in asset servicing since 1948, shaping the future of finance.
- Benefits: Enjoy a dynamic work environment with opportunities for growth and innovation in your career.
- Why this job: Be at the forefront of the private markets industry, making impactful connections and driving change.
- Qualifications: Ideal candidates should have a strong background in business development and knowledge of private equity.
- Other info: This role offers a chance to work with top experts and expand your professional network across Europe.
The predicted salary is between 43200 - 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. So for those who want to play at the top of their game and be at the vanguard of their space, we say: Welcome to Citco.
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.
Responsibilities:
- Generate new business revenue for Citco’s private markets (private equity and private credit) line of business utilizing Citco consultative sales approach.
- Leverage subject matter experts to drive growth and expand the firm’s footprint in the private markets space in Europe.
- Focus on General Partners in Europe operating across buyout, secondaries, growth equity, direct lending, mezzanine, asset-based lending, and special situations.
- Position Citco’s loan servicing/agency services in the private debt space.
- Raise the firm’s profile and increase brand awareness for Citco across Europe within the private markets ecosystem.
- Build and nurture relationships with relevant stakeholders/feeders in the industry.
Business Development – Private Markets Fund Administration employer: The Citco Group Limited
Contact Detail:
The Citco Group Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Development – Private Markets Fund Administration
✨Tip Number 1
Network actively within the private markets sector. Attend industry conferences, webinars, and local meetups to connect with General Partners and other stakeholders. Building these relationships can give you insights into potential opportunities at Citco.
✨Tip Number 2
Stay updated on trends in private equity and private credit. Understanding the latest developments will not only enhance your conversations but also demonstrate your commitment to the field when engaging with Citco's team.
✨Tip Number 3
Leverage LinkedIn to follow Citco and its key personnel. Engage with their posts and share relevant content to increase your visibility and show your interest in the company and its mission.
✨Tip Number 4
Prepare to discuss how your previous experiences align with Citco’s consultative sales approach. Be ready to provide examples of how you've successfully generated business revenue in similar roles, as this will resonate well with the hiring team.
We think you need these skills to ace Business Development – Private Markets Fund Administration
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Business Development position at Citco. Tailor your application to highlight relevant experience in private markets and business development.
Craft a Compelling CV: Your CV should clearly showcase your achievements in business development, particularly in private equity and private credit. Use quantifiable results to demonstrate your impact in previous roles, such as revenue growth or successful client acquisitions.
Write a Targeted Cover Letter: In your cover letter, express your enthusiasm for Citco and the specific role. Highlight your understanding of the private markets sector and how your skills align with Citco's consultative sales approach. Make it personal and engaging to stand out.
Proofread and Edit: Before submitting your application, thoroughly proofread your documents. Check for spelling and grammatical errors, and ensure that your formatting is consistent. A polished application reflects your attention to detail and professionalism.
How to prepare for a job interview at The Citco Group Limited
✨Understand Citco's Core Values
Before your interview, make sure you familiarise yourself with Citco's history and core values. Knowing how they position themselves as a market leader will help you align your answers with their mission and demonstrate your enthusiasm for being part of their pioneering spirit.
✨Showcase Your Consultative Sales Skills
Since the role involves generating new business revenue through a consultative sales approach, prepare examples from your past experiences where you've successfully used this method. Highlight how you identified client needs and tailored solutions to meet those needs.
✨Research the Private Markets Landscape
Make sure you have a solid understanding of the private markets, especially in Europe. Be ready to discuss trends, challenges, and opportunities within private equity and private credit. This knowledge will show that you're proactive and genuinely interested in the sector.
✨Prepare Questions for Your Interviewers
Interviews are a two-way street, so come prepared with insightful questions about Citco's strategies in the private markets space. Asking about their growth plans or how they leverage technology in fund administration can demonstrate your interest and strategic thinking.