At a Glance
- Tasks: Drive new business revenue and expand Citco's real assets footprint in Europe.
- Company: Join Citco, a market leader in asset servicing since 1948, shaping the industry's future.
- Benefits: Enjoy flexible working arrangements, training support, and a diverse, inclusive culture.
- Why this job: Be at the forefront of innovation in fund administration and make a real impact.
- Qualifications: 10+ years in real estate investment and strong leadership skills required.
- Other info: Accommodations available for candidates with disabilities during the selection process.
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.
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.
Business Development Manager – Real Assets Fund Administration employer: Citco GSGS
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 the field.
✨Tip Number 2
Leverage LinkedIn to connect with professionals in the real assets sector. Share insightful content related to fund administration and engage with posts from industry leaders. This will help you establish yourself as a knowledgeable figure in the space.
✨Tip Number 3
Research Citco’s recent projects and initiatives in the real assets domain. Being well-informed about their current strategies and successes will allow you to tailor your conversations and demonstrate your genuine interest in contributing to their growth.
✨Tip Number 4
Prepare to discuss specific examples of how you've successfully generated new business in previous roles. Highlighting your proven track record will showcase your capability to drive revenue and align with Citco's goals for expansion in the real assets market.
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 real estate investment and business development. Focus on quantifiable achievements, such as revenue growth or successful projects, to demonstrate your capabilities.
Craft a Compelling Cover Letter: In your cover letter, express your passion for the real assets sector and how your background aligns with Citco's goals. Mention specific experiences that showcase your leadership skills and ability to generate new business.
Highlight Relevant Qualifications: Clearly state your qualifications, including your degree and any relevant certifications like CPA, ACCA, or CIMA. Emphasise your 10+ years of experience in real estate investment and your proven track record in business generation.
Showcase Communication Skills: Since effective communication is crucial for this role, provide examples of your negotiation and presentation skills. You could mention successful pitches or presentations you've delivered to stakeholders in the past.
How to prepare for a job interview at Citco GSGS
✨Know Your Numbers
As a Business Development Manager, you'll need to demonstrate your understanding of revenue generation and growth metrics. Be prepared to discuss specific figures from your past experiences, such as YOY growth percentages and successful sales campaigns you've led.
✨Showcase Your Network
Citco values relationships in the real assets space. Highlight your existing connections with investment managers and stakeholders. Discuss how you’ve nurtured these relationships and how they can benefit Citco's growth in Europe.
✨Demonstrate Consultative Selling Skills
Familiarise yourself with Citco's consultative sales approach. Prepare examples of how you've successfully identified client needs and tailored solutions in previous roles. This will show that you can effectively drive business development.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving and leadership skills. Think about challenges you've faced in business development and how you overcame them, particularly in the context of the alternative fund industry.