Managing Director, Head of Business & Professional Services (B&PS), Citi Commercial Bank - Citi in London

Managing Director, Head of Business & Professional Services (B&PS), Citi Commercial Bank - Citi in London

London Full-Time 100000 - 150000 € / year (est.) No home office possible
Citi

At a Glance

  • Tasks: Lead a talented team to drive innovation and deliver strategic solutions for clients.
  • Company: Join Citi, a global leader in commercial banking with a diverse workforce.
  • Benefits: Competitive salary, career growth opportunities, and a chance to make a real impact.
  • Other info: Be part of a supportive culture that values diversity and inclusion.
  • Why this job: Shape the future of banking while developing your leadership skills in a dynamic environment.
  • Qualifications: 20+ years of experience in commercial banking and strong leadership abilities required.

The predicted salary is between 100000 - 150000 € per year.

Discover your future at Citi. Working at Citi is far more than just a job. A career with us means joining a team of more than 230,000 dedicated people from around the globe. At Citi, you'll have the opportunity to grow your career, give back to your community and make a real impact.

The MD, Head of Business & Professional Services (B&PS) role is responsible for leading a group of talented bankers (and leaders) to deliver on the strategy for the Industry sector. The role requires strong leadership acumen alongside the ability to lead senior client relationships up to c-suite level. The role forms part of the UK senior leadership team and is also a key component of the Global Industry team. An in-depth understanding of how the B&PS sub-industries work is an integral part of the role, as is understanding how best to prioritise commercial focus areas in order to maximise team growth and gain market share.

A good understanding of the industry, direct competitors' products and services, is also necessary in order to contribute to the commercial objectives of the business. The role requires a thorough understanding of the strategic direction of the function within the relevant part of the business, combined with a solid conceptual/practical grounding in both the function and/or area of expertise and related subject areas. Excellent communication skills are required in order to negotiate internally, often at a senior level. Strong external communication and negotiation skills will also be necessary.

The role is accountable for end results, budgeting, planning, policy formulation and contribution to future strategy. The impact of the role reflects the size of the team managed, strategic influence on the business and interaction with other functions or businesses. The role has full management responsibility for multiple teams, including a regional team in the North of England, alongside a virtual team focused on financial sponsors and more complex leveraged lending.

Responsibilities:

  • Drive innovation on the solutions we provide clients through partnerships with product specialists and subject matter experts, while structuring deals that balance risk and reward.
  • Execution of strategic initiatives launched centrally at all levels (Group, Banking, CCB).
  • Oversee the credit relationship of the client, coordinating and supervising the entire process, ensuring the proper application of policies and institutional processes.
  • Ensure compliance with regulatory requirements and Citi's policies/guidelines at all times.
  • This people leadership role is responsible for leading a team of Relationship Managers (RMs) and aspiring leaders. The role holder needs to invest time into developing and coaching people.
  • Responsible for calling on clients to deepen relationships and proactively owning, responding to and anticipating future needs, roadblocks or risks, in addition to identifying new areas for growth in order to deepen wallet share.
  • Sharp focus on new business, focuses on how best to develop a competitive strategy to position Citi in new relationships and grow the overall size of the business.
  • Attracting, retaining and motivating a team, along with responsibility for managing a budget and meeting team sales goals.
  • Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets.

Qualifications:

  • 20+ years of experience.
  • In-depth knowledge of all aspects of commercial banking; commercial credit knowledge and an ability to quickly learn new products and services.
  • Significant experience with commercial credit decision making authority, with experience in complex capital structures and cross border transactions.
  • Minimum intermediate level credit skills with the capability to demonstrate advanced level credit skills to be appointed a senior credit officer.
  • Proven track record of successfully managing and leading teams through complex change; a reputation for retaining, attracting and developing talent.
  • Must have a sharp business development focus and demonstrate innovative approaches.
  • A flexible mindset and able to shift gear and move to different focus areas at pace.

Education:

  • Bachelor's/University degree, Masters degree/Accountancy background preferred and managerial experience.

Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, colour, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.

Managing Director, Head of Business & Professional Services (B&PS), Citi Commercial Bank - Citi in London employer: Citi

Citi is an exceptional employer that fosters a dynamic and inclusive work culture, providing employees with unparalleled opportunities for professional growth and development. As part of a global team, you will have the chance to lead innovative banking solutions while making a meaningful impact in the community. With a strong emphasis on leadership and collaboration, Citi empowers its employees to thrive in their careers, all within the vibrant setting of the UK commercial banking sector.

Citi

Contact Detail:

Citi Recruiting Team

StudySmarter Expert Advice🀫

We think this is how you could land Managing Director, Head of Business & Professional Services (B&PS), Citi Commercial Bank - Citi in London

✨Tip Number 1

Network like a pro! Get out there and connect with industry leaders, attend events, and join relevant groups. The more people you know, the better your chances of landing that dream role at Citi.

✨Tip Number 2

Show off your leadership skills! When you get the chance to chat with potential employers, highlight your experience in managing teams and driving results. They want to see how you can lead and inspire others.

✨Tip Number 3

Be prepared for those tough questions! Brush up on your knowledge of commercial banking and be ready to discuss how you've tackled challenges in the past. Confidence is key when you're aiming for a senior position.

✨Tip Number 4

Apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're serious about joining the Citi team and ready to make an impact in the B&PS sector.

We think you need these skills to ace Managing Director, Head of Business & Professional Services (B&PS), Citi Commercial Bank - Citi in London

Leadership Acumen
Client Relationship Management
Commercial Banking Knowledge
Strategic Planning
Budget Management
Team Development and Coaching
Negotiation Skills

Some tips for your application 🫑

Tailor Your CV:Make sure your CV reflects the skills and experiences that align with the Managing Director role. Highlight your leadership experience and any relevant industry knowledge to show us you’re the perfect fit.

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to tell us why you're passionate about this role and how your background makes you the ideal candidate. Be sure to mention specific achievements that demonstrate your capabilities.

Showcase Your Leadership Skills:Since this role involves leading teams, make sure to emphasise your people management skills. Share examples of how you've successfully led teams through change or driven innovation in previous roles.

Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy!

How to prepare for a job interview at Citi

✨Know Your Stuff

Before stepping into the interview, make sure you have a solid understanding of Citi's Business & Professional Services sector. Brush up on recent trends, competitors, and how Citi positions itself in the market. This knowledge will help you speak confidently about how you can contribute to their strategic goals.

✨Showcase Your Leadership Skills

As a Managing Director, you'll need to demonstrate strong leadership acumen. Prepare examples from your past experiences where you've successfully led teams, managed complex projects, or navigated change. Highlight your ability to attract and retain talent, as well as how you've developed others in your previous roles.

✨Master the Art of Communication

Excellent communication skills are crucial for this role. Practice articulating your thoughts clearly and concisely. Be ready to discuss how you've effectively negotiated with senior stakeholders and built strong client relationships. Remember, it's not just about what you say, but how you say it!

✨Prepare for Scenario Questions

Expect scenario-based questions that assess your problem-solving abilities and decision-making skills. Think about potential challenges you might face in the role and how you would address them. This will show your ability to think critically and adapt to changing circumstances, which is key for a position like this.