At a Glance
- Tasks: Lead strategic investments in fintech, driving innovation and collaboration across teams.
- Company: Join Citi, a global leader in financial services with a focus on innovation.
- Benefits: Competitive salary, diverse work environment, and opportunities for professional growth.
- Other info: Work in a dynamic, inclusive culture that values diversity and innovation.
- Why this job: Make a real impact in the fintech space while mentoring future leaders.
- Qualifications: 8+ years of experience in investment, with strong communication and relationship management skills.
The predicted salary is between 80000 - 100000 £ per year.
The Vice President in Services Strategic Investments will lead sourcing, execution and management of principal investments in fintech companies in the region. This individual will report to the Global Head of Services Strategic Investments and will work closely with various regional stakeholders (business heads, product leads, sales team) in the Services business to generate and help execute strategic investment opportunities.
Citi’s Services business provides its corporate clients with a comprehensive set of solutions across payments, trade and working capital solutions, cash management and liquidity management, investor services and issuer services. The Strategic Investments team is a part of the Partnerships and Innovation vertical within the Services organization, and helps the business continuously innovate and improve its operating model in a rapidly changing technology landscape.
What you’ll do:
- Prepare regional strategy and direction of investment focus by working with senior managers and relevant subject matter experts across businesses and the respective operations and technology.
- Develop sourcing network and internal & external relationships to identify new opportunities.
- Lead negotiations, perform due diligence on, and execute own deals.
- Support governance processes for investment portfolio, including thorough preparation of materials supporting ad hoc and periodical risk assessments, valuation of portfolio companies and regular reviews.
- Regular and open dialogue with Risk and senior management to ensure that any new risks with portfolio companies are raised and managed as early as possible.
- Monitor and enhance performance of existing portfolio companies, including taking on Board Director/ Observer/ Alternate duties for a small number of companies.
- Connecting portfolio companies, (either directly or by delegating to team members), with relevant subject matter experts within Citi.
- Providing guidance to existing portfolio companies on navigating the Citi vendor on-boarding process.
- Driving a culture and approach that includes governance and controls as a priority.
- Mentor younger team members (as needed) across the global team to develop necessary skills for success, e.g., investment analysis, due diligence, negotiation skills, potential pitfalls, and identifying and managing risks.
What we’ll need from you:
- 8+ years of relevant experience, preferably with 5+ years of investment experience.
- Demonstrated interest in venture capital or technology – experience in VC, CVC, investment banking, strategy consulting or product management is a plus.
- Transaction experience, across sourcing, deal evaluation, due diligence and portfolio management.
- Basic familiarity with key areas within fintech, with a strong ability to grasp new technologies and how they can be successfully applied.
- Ability to navigate a large financial services company, and effectively engage senior leadership to create successful shared outcomes.
- Ability to work effectively across time zones and cultures, including the ability to work well with subject matter experts across front-office, back-office and technology.
- Strong relationship management, communication, and interpersonal skills.
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.
Vice President, Strategic Investments, Citi Services in London employer: Citi
Citi Services is an exceptional employer that fosters a dynamic and innovative work culture, particularly for the Vice President of Strategic Investments role. With a strong emphasis on employee growth, you will have the opportunity to mentor younger team members while engaging with senior leadership across diverse regions. The company offers a comprehensive benefits package and a collaborative environment that encourages strategic thinking and creativity in navigating the rapidly evolving fintech landscape.
