At a Glance
- Tasks: Lead business development for private markets, focusing on generating new revenue and expanding Citco's presence.
- Company: Join Citco, a pioneering leader in asset servicing since 1948, shaping the future of finance.
- Benefits: Enjoy flexible working arrangements, training support, and a commitment to diversity and inclusion.
- Why this job: Be at the forefront of the private markets industry, driving growth and innovation with a respected team.
- Qualifications: Bachelor’s degree required; 10+ years in private markets and 5+ years in senior leadership roles.
- Other info: Citco values diverse backgrounds and offers accommodations for candidates with disabilities.
The predicted salary is between 72000 - 108000 £ 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 private markets (private equity and private credit) line of business utilizing Citco consultative sales approach and leveraging our SME’s, driving the growth and expanding the firm’s footprint in the private markets space in Europe. Focus should be primarily on General Partners in Europe operating across buyout, secondaries, growth equity, direct lending, mezzanine, asset-based lending, special situations. Responsible for positioning 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 the relevant stakeholders/feeders in the industry.
About You: You have a bachelor’s Degree in a relevant field with at least 10+ years in Private markets (private equity and private credit). Minimum 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. Ask us about specific benefits in your location. 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.
SVP – Business Development – Private Markets Fund Administration employer: Citco GSGS
Contact Detail:
Citco GSGS Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land SVP – Business Development – Private Markets Fund Administration
✨Tip Number 1
Network actively within the private equity and credit sectors. 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 the latest trends and developments in private markets. Subscribe to relevant industry publications and follow thought leaders on social media. This knowledge will not only help you in interviews but also demonstrate your commitment to the field.
✨Tip Number 3
Prepare to discuss your previous successes in business development. Be ready to share specific examples of how you've generated new revenue and built client relationships in the past. This will showcase your capability to drive growth for Citco.
✨Tip Number 4
Familiarise yourself with Citco’s services and their unique selling points in the private markets space. Understanding what sets Citco apart will allow you to articulate how you can contribute to their growth and enhance their brand awareness effectively.
We think you need these skills to ace SVP – Business Development – Private Markets Fund Administration
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in private markets, particularly in private equity and private credit. Emphasise your leadership roles and any achievements in business development that align with Citco's requirements.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of Citco's business model and the private markets sector. Use specific examples from your past experiences to demonstrate how you can contribute to their growth and brand awareness.
Highlight Relevant Skills: In your application, focus on skills such as negotiation, presentation, and relationship-building. Provide concrete examples of how you've successfully generated new business and managed multiple priorities in previous roles.
Showcase Industry Knowledge: Demonstrate your strong knowledge of the alternative fund industry in your application. Mention any relevant certifications like CPA, ACCA, or CIMA, and discuss how they enhance your ability to contribute to Citco's objectives.
How to prepare for a job interview at Citco GSGS
✨Know Your Market
Familiarise yourself with the private markets landscape, especially in Europe. Understand the key players, trends, and challenges in private equity and private credit. This knowledge will help you engage in meaningful discussions during the interview.
✨Demonstrate Leadership Experience
Be prepared to discuss your previous leadership roles and how you've driven business growth. Highlight specific examples where your initiatives led to sustainable revenue increases, showcasing your ability to lead teams effectively.
✨Showcase Your Communication Skills
Effective communication is crucial for this role. Practice articulating your thoughts clearly and confidently. Be ready to demonstrate your negotiation and presentation skills through examples from your past experiences.
✨Build Relationships
Emphasise your ability to build and nurture relationships within the industry. Share examples of how you've successfully engaged with stakeholders and clients, as this will be key to expanding Citco's footprint in the private markets.