At a Glance
- Tasks: Join a dynamic team managing business selection and reputation risk in banking.
- Company: Citi is a leading global bank, committed to innovation and excellence.
- Benefits: Enjoy full-time hours, diverse opportunities, and a supportive work culture.
- Why this job: Make impactful decisions while collaborating with top professionals in a fast-paced environment.
- Qualifications: Ideal candidates have banking or legal expertise, strong communication skills, and a proactive mindset.
- Other info: Citi values diversity and offers equal opportunities for all applicants.
The predicted salary is between 72000 - 108000 Β£ per year.
The Business Selection, Transactional Conflicts and Reputation Risk (βBSCRβ) team globally supports Banking & International bankers by reviewing potential engagements with clients for transactional conflicts of interest and reputation risk issues and leading business decisions. The BSCR team drives superior alignment decisions by holistically vetting alternative opportunities, client relationships and revenue streams, while protecting Citi by mitigating transactional conflicts and reputation risks in partnership with the business and control functions.
Responsibilities:
- The Business Selection SVP will assist in facilitating and managing BSCR decisions through a centralized process in coordination with senior management in Banking & International.
- This group analyzes critical facts and drives business selection and conflict resolution decisions that increase the probability of success, maximize profitability, and minimize franchise and other risks.
- The role requires a strong understanding of Banking products and transactional expertise.
- As part of a small, focused team, the individual will work closely with deal and relationship teams and first and second line control functions to support consistent, well-informed decision-making.
- Critical responsibilities include, though are not limited to:
- Collect, summarize and, at times, develop qualitative and limited quantitative analysis relating to companies involved in a potential situation.
- Determine what transactions need to undergo heightened review and elevate to broader BSCR team.
- Communicate with deal team leaders to diligence specific deals, learn industry-related dynamics, and identify potential risks (including risks to reputation) and political sensitivities.
- Extrapolate information from bankers as to client relationships, transaction dynamics, future business prospects.
- Analyze key facts and circumstances that underlie BSCR decisions in a fair and impartial manner avoiding client, regional and franchise bias.
- Participate in discussions involving senior management, senior members of deal teams, franchise and industry heads, and senior Legal, Compliance and Risk (as appropriate) to decide between potential clients, strategize on how to manage clients, optimize fees, weigh reputation and other risks and respond to client requests to limit Citiβs businesses or go hostile.
- Verify that client discussions and documentation are in line with BSCR decisions.
- Track and maintain certain key indicators and statistics for the group.
- Assist in training bankers on transactional conflicts of interest and reputation risk.
- Identify the need for policy changes and assist in modifying/creating policies.
- Assist in cross-selling initiatives with other Citi businesses.
- Assist in designing and testing enhancement to the conflict clearance system.
Qualifications:
- Expertise in risk management and familiarity with Banking products and services.
- Excellent oral and written communications skills; must be able to build strong working relationships with key stakeholders.
- Proactive, detail oriented, and commercially-minded, and possess exceptional business judgment.
- Ability to help drive change to business practices by working effectively across multiple businesses and clusters.
- Self-starter with the ability to multitask and prioritize in a dynamic, fast paced environment.
- A JD candidate must have a law degree from a top-tier accredited law school, be admitted to practice law in the relevant jurisdiction, have at least 1-2 years of comprehensive experience specializing in general corporate law, with emphasis on M&A transactional work in a corporate or law firm environment.
- A non-JD candidate must have at least 1-2 years of investment banking experience with significant exposure to M&A.
Citi is an equal opportunity and affirmative action employer. Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
Contact Detail:
Citi Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Business Selection, Conflicts & Reputation Risk, SVP- London
β¨Tip Number 1
Familiarise yourself with the latest trends and regulations in risk management and banking products. This knowledge will not only help you understand the role better but also demonstrate your commitment to staying updated in a fast-paced environment.
β¨Tip Number 2
Network with professionals in the banking and legal sectors, especially those involved in M&A and risk management. Building relationships can provide insights into the company culture and expectations, which can be invaluable during interviews.
β¨Tip Number 3
Prepare to discuss specific examples from your past experience that showcase your ability to handle conflicts of interest and reputation risks. Highlighting your problem-solving skills in real scenarios will set you apart from other candidates.
β¨Tip Number 4
Demonstrate your proactive approach by suggesting potential improvements or innovations in conflict clearance processes during your interview. This shows that you are not just a fit for the role but also someone who can contribute to the team's success.
We think you need these skills to ace Business Selection, Conflicts & Reputation Risk, SVP- London
Some tips for your application π«‘
Understand the Role: Before applying, make sure you fully understand the responsibilities and qualifications required for the Business Selection SVP position. Tailor your application to highlight relevant experience in risk management and banking products.
Craft a Strong CV: Your CV should clearly outline your experience in investment banking or corporate law, especially focusing on M&A transactional work. Use bullet points to detail your achievements and responsibilities in previous roles.
Write a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and how your skills align with the responsibilities outlined in the job description. Mention specific experiences that demonstrate your ability to manage conflicts and reputation risks.
Highlight Communication Skills: Since excellent communication skills are crucial for this role, provide examples in your application of how you've successfully built relationships with stakeholders and communicated complex information effectively.
How to prepare for a job interview at Citi
β¨Understand the Role Thoroughly
Make sure you have a solid grasp of the responsibilities and expectations for the Business Selection SVP role. Familiarise yourself with the BSCR team's functions, especially how they mitigate risks and support decision-making in banking.
β¨Showcase Your Analytical Skills
Prepare to discuss your experience with qualitative and quantitative analysis. Be ready to provide examples of how you've previously assessed risks or made decisions based on data, particularly in a banking or legal context.
β¨Communicate Effectively
Since excellent communication skills are crucial, practice articulating your thoughts clearly and concisely. Think about how you can build rapport with stakeholders and demonstrate your ability to convey complex information simply.
β¨Demonstrate Proactivity and Adaptability
Be prepared to share instances where you've taken initiative or adapted to changing circumstances in a fast-paced environment. Highlight your ability to multitask and prioritise effectively, as this will resonate well with the demands of the role.