Global Markets Issuance Structuring - Product Framework - Citi
Global Markets Issuance Structuring - Product Framework - Citi

Global Markets Issuance Structuring - Product Framework - Citi

London Full-Time 48000 - 72000 £ / year (est.) No home office possible
C

At a Glance

  • Tasks: Support product governance and streamline decision processes in a dynamic financial environment.
  • Company: Join Citi, a leading global bank focused on maximising revenue and investment opportunities.
  • Benefits: Enjoy a collaborative culture, professional growth, and the chance to work with diverse teams.
  • Why this job: Be part of a well-governed team driving innovation in structured products and enhancing client experiences.
  • Qualifications: Deep understanding of market products, strong communication skills, and ability to manage operational risks required.
  • Other info: Citi values diversity and offers equal opportunities for all applicants.

The predicted salary is between 48000 - 72000 £ per year.

Team Mission: Maximise revenue, funding and investment opportunities: The Global Markets Issuance (GMI) team aims to maximize revenue from Citi\’s issuance business, to be a well-governed, industry leading platform. The Structured Notes business has been a significant driver of both funding and revenue contribution for Citi, providing as well meaningful investment opportunities for our clients globally. Consistency: GMI defines and oversees processes associated with the issuance of Structured Notes within Citi, guiding and supporting multiple stakeholders and partners through a consistent operational framework for all, in respect of this activity. Collaboration: GMI activity is carried out within each of Citi\’s Markets product lines. GMI partners with teams in Sales, Trading, Structuring, Platform, OCM, Business Risk & Controls, Treasury, Legal, Risk, Operations, Finance, ICRM, and Legal Entity Management in this endeavour, across asset classes and jurisdictions. Governance is critical : Structured note issuance is highly regulated and cuts across several Markets activities, for which an efficiently designed and executed product governance framework is essential. In GMI\’s business, governance requires identifying and managing risks against our defined risk appetite. This is done through data provision and analysis, decision-making and credible challenge from the first, second and third lines of defence followed by agreed actions to keep risk profile within appetite. This facilitates proper risk monitoring, findings reporting and follow up on issue resolution. The role : This role will support the team\’s goals, with strong focus on Product Governance across diverse businesses with varied needs and requirements. The job requires a comprehensive understanding of the structured products activities (market dynamics, derivatives, regulation, client segments) as well as strong organizational skills. Key tasks : Collaborate to improve GMI\’s operating model, defining and implementing an in-business product governance framework consistent across regions and products, compatible with reaching excellence in business results, avoiding unnecessary complexity. Streamlining decision processes will be critical for success. Preparing product approvals to be presented at the Suitability Review Group (SRG) for our retail-driven activity. This includes creating proposal memorandums, holding pre-approval meetings with Product teams, Sales desks and Control functions to identify and address issues and build consensus; and, running the approval session and preparing meeting minutes to document the conclusions reached. Approx. 50 such proposals expected per year. Maintain an informed, independent perspective on all relevant aspects of the products monitored, offering challenges to the Business requests when necessary. Appear in front of SRG to run periodic business reviews for our Solutions for Financial Intermediaries (SFI) 3 regions of activity, finding efficiencies that may lead to redesigning or consolidating other meetings/forums. Special attention to be paid to regulatory-driven business reviews such as those related to i) the FCA Consumer Duty (and associated annual Value Assessment Review); and ii) the Hong Kong Equity Linked Investments activity. For all these, focus on optimizing data obtention and deck production. Streamline SRG processes: follow ups for approval conditions; definition of approval workflow; and periodic framework reviews. Oversight for MCA elements relating to SFI activity: Distributor activity review, Approved Product List, Distribution Agreement exemptions, Distribution Fees controls; all in collaboration with Business Execution teams. Defining and monitoring the Distribution Onboarding process globally. Coordinating MiFID II Product Governance obligations in relation to issuance activities, including involvement in the Control Analysis, Remediation, Applicability, and Mapping (\”CARAM\”) remediation efforts in partnership with the Regulation Lead/Compliance Risk, Program Execution and Asset Classes Business Execution teams. Support or leadership for NACs whenever involving SFI or GMI proposals. Collaborate in regulation oversight efforts as subject matter expert. Partner effectively with 2nd Line of Defence teams and support functions to identify best practices and contribute as appropriate to related policies and initiatives. Qualifications Deep understanding of Markets products and activities. Experience in product governance matters, strong expertise in identifying and managing operational risks. Proven capacity to thrive under pressure, adhere to deadlines, prioritise and manage multiple projects in a fast paced, highly matrix, dynamic environment. Ability to work effectively in a cross-functional organization Outstanding written and verbal communication abilities. Candidate is expected to produce clear and concise written and verbal communication at different seniority levels, articulating complex problems and solutions through concise and clear messaging. Proficiency in legal affairs: The candidate must possess a strong understanding of regulatory, legal and governance policies and procedures. Such knowledge will be crucial for formulating informed perspectives, influencing decisions, and determining viable implementation strategies. Comfort and confidence in navigating legal matters are imperative for this role. Proven capacity to excel in a team environment and collaborate with peers. It is essential for the candidate to be able to guide decision-making processes and drive strategic initiatives in a collaborative manner, ensuring alignment and fostering a positive work environment. Demonstrated ability to exercise sound judgment, making autonomous decisions with minimal supervision when required. This includes the capacity to analyse complex situations, identify potential solutions, and select the most appropriate course of action To be a proactive, innovative thinker, able to deliver change through constructively challenging the status quo and enhance efficiency, while adhering to the highest risk management and governance standards. Extensive prior experience in Markets activities. Up to date understanding of key risk and control concepts, tools and risk trends. Job Family Group: Institutional Trading Job Family: Structuring Time Type: Full time Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi . View Citi\’s EEO Policy Statement and the Know Your Rights poster.41bf1e1f-b16b-4260-a40a-17c77a06fd15

Global Markets Issuance Structuring - Product Framework - Citi employer: Citi

Citi is an exceptional employer that fosters a collaborative and inclusive work culture, providing employees with ample opportunities for professional growth and development within the dynamic Global Markets Issuance team. With a strong emphasis on governance and risk management, employees are empowered to innovate and streamline processes while working alongside diverse teams across the globe, making a meaningful impact in the financial services industry. The company's commitment to employee well-being and equal opportunity ensures a supportive environment where every individual can thrive.
C

Contact Detail:

Citi Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Global Markets Issuance Structuring - Product Framework - Citi

✨Tip Number 1

Familiarise yourself with the structured products landscape, especially focusing on market dynamics and regulatory requirements. Understanding these elements will help you engage in meaningful conversations during interviews and demonstrate your expertise.

✨Tip Number 2

Network with professionals in the Global Markets Issuance space. Attend industry events or webinars where you can connect with current employees at Citi or similar firms. This can provide insights into the company culture and expectations for the role.

✨Tip Number 3

Prepare to discuss specific examples of how you've managed operational risks in previous roles. Be ready to articulate your thought process and decision-making skills, as these are crucial for the position you're applying for.

✨Tip Number 4

Stay updated on recent developments in financial regulations, particularly those affecting structured notes and product governance. Being knowledgeable about current trends will show your commitment to the field and readiness to tackle challenges in the role.

We think you need these skills to ace Global Markets Issuance Structuring - Product Framework - Citi

Deep understanding of Markets products and activities
Experience in product governance matters
Strong expertise in identifying and managing operational risks
Ability to thrive under pressure and adhere to deadlines
Proficiency in legal affairs and regulatory policies
Outstanding written and verbal communication abilities
Capacity to analyse complex situations and make autonomous decisions
Proactive and innovative thinking
Extensive prior experience in Markets activities
Up to date understanding of key risk and control concepts
Strong organisational skills
Collaboration and teamwork capabilities
Ability to streamline decision processes
Effective partnership with cross-functional teams

Some tips for your application 🫡

Understand the Role: Before you start writing your application, make sure you fully understand the responsibilities and qualifications required for the Global Markets Issuance role at Citi. Tailor your application to highlight how your skills and experiences align with their needs.

Craft a Strong Cover Letter: Your cover letter should not only express your interest in the position but also demonstrate your understanding of structured products and product governance. Use specific examples from your past experiences that showcase your ability to manage operational risks and collaborate effectively.

Highlight Relevant Experience: In your CV, focus on your experience related to markets products and governance. Be specific about your achievements and how they relate to the key tasks mentioned in the job description, such as streamlining decision processes or collaborating across teams.

Showcase Communication Skills: Since outstanding written and verbal communication abilities are crucial for this role, ensure that your application is clear, concise, and free of jargon. Use straightforward language to articulate complex ideas, demonstrating your capability to communicate effectively at various seniority levels.

How to prepare for a job interview at Citi

✨Understand the Role and Responsibilities

Make sure you have a solid grasp of the key tasks and responsibilities outlined in the job description. Familiarise yourself with structured products, product governance, and the specific challenges faced by the Global Markets Issuance team at Citi.

✨Showcase Your Collaborative Skills

Since this role involves working with various teams across the organisation, be prepared to discuss your experience in cross-functional collaboration. Highlight examples where you've successfully partnered with different departments to achieve common goals.

✨Demonstrate Your Risk Management Knowledge

Given the emphasis on governance and risk management in the role, be ready to talk about your understanding of operational risks and how you've managed them in previous positions. Use specific examples to illustrate your expertise.

✨Prepare for Regulatory Discussions

As the role requires knowledge of regulatory frameworks, brush up on relevant regulations such as MiFID II and FCA Consumer Duty. Be prepared to discuss how these regulations impact product governance and your approach to compliance.

Global Markets Issuance Structuring - Product Framework - Citi
Citi
C
  • Global Markets Issuance Structuring - Product Framework - Citi

    London
    Full-Time
    48000 - 72000 £ / year (est.)

    Application deadline: 2027-08-04

  • C

    Citi

Similar positions in other companies
UK’s top job board for Gen Z
discover-jobs-cta
Discover now
>