At a Glance
- Tasks: Lead global banking teams serving governments and public organisations, driving strategic growth and client relationships.
- Company: Citi is a leading global bank, committed to delivering innovative financial solutions.
- Benefits: Enjoy competitive pay, diverse work culture, and opportunities for professional development.
- Why this job: Join a dynamic team making a real impact in the public sector while enhancing your leadership skills.
- Qualifications: 10+ years in financial services with strong corporate finance and credit experience required.
- Other info: This role is subject to FCA and PRA Certification Regime; candidates must meet fitness requirements.
The predicted salary is between 72000 - 108000 £ per year.
The Global Head of Public Sector Group (PSG) is responsible for the global leadership of banking teams that serve central, state, and local governments, public asset managers, state owned enterprises, and development organizations. The role requires extensive engagement internally and externally, developing and maintaining senior client relationships by understanding clients' needs and delivering the best of Citi.
This global leadership role encompasses strategic business development, client relationship management, and thought leadership within the public sector. The individual will be responsible for the following:
- Attract, develop and retain top, diverse Public Sector banking talent.
- Foster mentorship and talent management globally for all bankers and CCO's covering PS.
- Develop and execute a client-driven franchise growth strategy that drives sustainable and profitable growth and maintains and extends leadership wallet share position (top #3).
- Lead team in analyzing market trends to identify growth opportunities and lead co-development of PS segment specific solutions in partnership with key product areas and other industry groups.
- Drive thought leadership and engage in policy development for key themes important to PS clients.
- Represent Citi and increase brand visibility at key global events.
- Drive effective planning, coordination, oversight and execution of all PS segment growth strategies in partnership with global and regional partners.
- Develop senior trusted advisor relationship with key clients and countries consistently seeing them 3 - 4 times a year.
- Work in partnership with CCO's/International Cluster heads to achieve Trusted Advisor status where needed to drive growth plans.
- Ensure efficient capital allocation and delivery of targeted returns, partnering with GCM and Risk.
- Ensure ethical conduct and transparency in all business practices.
- Effectively identify, escalate and manage all risk and control issues.
- Understand and effectively manage the heightened role of franchise risk associated with PS transactions.
- Actively contribute to all banking key governance forums and strategic planning processes.
- Own strategy development, origination and execution across the entire wallet of all PS clients.
- Work closely with IB industry groups to identify strategic transactions.
Knowledge/Experience:
- Extensive client interaction at senior level and/or relevant product experience.
- Full knowledge of entire suite of products and possess a corporate finance mindset.
- Proven track record of deal origination and structuring.
- Consistently deliver on revenue and budget targets.
- Strong credit skills and experience, particularly for sovereign credits.
- Deep geographic, political, macro-economic and cultural understanding of the emerging markets.
- Deep understanding of US government including key agencies and those of other countries.
- Understanding of the evolving space of development finance and development finance at the regional and country level, in addition to key MDB's (World Bank, ADB, etc.).
Skills:
- Leadership - Demonstrated ability to lead a large, complex global organization with vision and purpose and proven track record of success.
- Vision and Proactive Action: Ability to quickly translate trends, themes into new business opportunities and re-direct resources to drive execution.
- Analytical - Assimilating new information quickly and relating it to the needs of the client base.
- Organizational - Managing business across a large client portfolio with diverse client teams.
- Verbal and Written - Communicating the detail of complex client relationship and situations to a broad range of internal contacts.
- Team Player - Strong interpersonal and influencing skills.
Qualifications:
- Extensive level of experience in financial services, and in serving large and complex clients.
- Experience in people management, both in direct management and in systems leadership across large multi-team groups.
- Strong Corporate Finance and Credit Experience (10+ years).
- In-depth experience and understanding of banking products - loans/debts (short and long-term), capital management, cash management, trade products; corporate and structured finance; DCM; derivatives products, and investment banking offerings.
- Demonstrated ability to balance between internal management and external client time.
- Demonstrated understanding of compliance issues and regulatory requirements (global and local).
- Proven leadership skills and strategic thinking - ability to create momentum with a collective agenda balancing multiple products, stakeholders and priorities.
- Translate vision into executable plans.
- Demonstrated intellectual interest in public sector challenges and topics, and a willingness to lead Citi's organizational response to future changes.
- Proven analytical and problem-solving skills with a pragmatic approach to optimizing limited resources.
Education:
- Bachelor's degree/University degree or equivalent experience.
- Master's/MBA degree preferred from a top economics, business, or financial engineering program.
Candidates applying for this role must be aware that it is a Certified Role, subject to the FCA and PRA Certification Regime. The Certification Regime is one element of the Individual Accountability Regime which came into effect on 7 March 2016. Under the Certification Regime, Citi UK regulated entities must ensure that employees working in certain roles categorised as specified significant harm functions are assessed as fit and proper to carry out their role.
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, Global Head of Public Sector Group (PSG) | London, UK employer: Citi
Contact Detail:
Citi Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Managing Director, Global Head of Public Sector Group (PSG) | London, UK
✨Tip Number 1
Network strategically within the public sector and financial services community. Attend industry conferences, seminars, and events where you can meet key players in the field. Building relationships with professionals who are already in similar roles can provide valuable insights and potentially lead to referrals.
✨Tip Number 2
Stay updated on current trends and challenges facing the public sector. This knowledge will not only help you in interviews but also demonstrate your commitment to understanding the complexities of the role. Engage with thought leadership content and contribute your own insights to showcase your expertise.
✨Tip Number 3
Prepare for interviews by developing a clear narrative around your leadership experience and how it aligns with the responsibilities of the Managing Director role. Be ready to discuss specific examples of how you've successfully managed large teams and driven growth in previous positions.
✨Tip Number 4
Familiarise yourself with Citi's corporate culture and values. Understanding their approach to client relationships and ethical conduct will help you align your responses during interviews. Show that you can embody these values while driving results in the public sector.
We think you need these skills to ace Managing Director, Global Head of Public Sector Group (PSG) | London, UK
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in public sector banking and leadership roles. Emphasise your achievements in managing large teams and developing client relationships, as these are crucial for the Managing Director position.
Craft a Compelling Cover Letter: Your cover letter should reflect your understanding of the public sector's unique challenges and how your experience aligns with Citi's goals. Use specific examples to demonstrate your strategic thinking and ability to drive growth in complex environments.
Highlight Leadership Experience: Given the seniority of the role, it's essential to showcase your leadership skills. Discuss your experience in mentoring and developing talent, as well as your ability to lead diverse teams across different regions.
Demonstrate Industry Knowledge: In your application, illustrate your deep understanding of the public sector landscape, including key agencies and development finance. This will show that you are well-prepared to engage with clients and drive Citi's initiatives in this area.
How to prepare for a job interview at Citi
✨Showcase Your Leadership Experience
As a Managing Director, you'll need to demonstrate your ability to lead large teams effectively. Prepare examples of how you've successfully managed diverse groups and driven collective success in previous roles.
✨Understand the Public Sector Landscape
Familiarise yourself with current trends and challenges in the public sector. Be ready to discuss how these factors influence banking strategies and client relationships, showcasing your analytical skills and strategic mindset.
✨Demonstrate Client Relationship Management Skills
Highlight your experience in building and maintaining senior client relationships. Prepare to discuss specific instances where you've successfully identified client needs and delivered tailored solutions that drove growth.
✨Prepare for Ethical and Compliance Discussions
Given the importance of ethical conduct in this role, be prepared to discuss how you ensure transparency and compliance in your business practices. Share examples of how you've navigated complex regulatory environments in the past.