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: Dynamic role with global exposure and a chance to shape the future of finance.
- Why this job: Make a real impact in the fintech space while mentoring future leaders.
- Qualifications: 8+ years of experience in investment, with strong fintech knowledge and relationship skills.
The predicted salary is between 80000 - 120000 £ 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.
Vice President, Strategic Investments, Citi Services employer: Citi
Citi Services is an exceptional employer that fosters a dynamic and inclusive work culture, where innovation and strategic thinking are at the forefront of our operations. As a Vice President in Strategic Investments, you will have the opportunity to lead impactful projects in the fintech sector while collaborating with diverse teams across the globe, enhancing your professional growth. With a commitment to employee development and a focus on governance and controls, Citi provides a supportive environment for you to thrive and make meaningful contributions to the financial services landscape.
StudySmarter Expert Advice🤫
We think this is how you could land Vice President, Strategic Investments, Citi Services
✨Get Involved in Finance Communities
Join investment and asset management forums or local finance meetups. Engaging with professionals in these circles can not only help you learn the ropes but also put you in touch with potential employers like Citi, who often scout for talent at such events.
✨Utilise Networking Platforms
Connect with professionals already working in asset management on platforms like LinkedIn. A personal message showing your interest in their role or asking for advice can lead to significant connections that might tip the scales in your favour at companies like Citi.
✨Show Off Your Financial Skills
Consider contributing to investment blogs or even creating your own content. Sharing your insights and analyses can demonstrate your knowledge and passion for the industry, making you stand out when applying for roles at organisations like Citi.
✨Engage with Recruitment Events
Attend finance recruitment fairs and expos. These events are perfect for making a strong impression with recruiters and potentially securing interviews. Many companies, including Citi, attend these events to scout for fresh talent, so make sure you stand out with your enthusiasm and knowledge!
We think you need these skills to ace Vice President, Strategic Investments, Citi Services
Some tips for your application 🫡
Highlight Your Analytical Skills:In asset management, it's all about the numbers! Make sure your CV showcases your analytical skills, particularly any experience with financial modelling or quantitative analysis. Employers like Citi want to see how you can dissect data and turn it into actionable insights, so don't hold back on your achievements!
Show Off Your Relevant Qualifications:Having the right qualifications can be a game changer in investment roles. If you've got a degree in finance, economics, or a related field, flaunt it! Also, if you have any certifications like CFA or CAIA, mention those too. It’ll help demonstrate your commitment and expertise in the field to Citi.
Tailor Your Cover Letter to Reflect Passion for Investment:Your cover letter is your chance to express your enthusiasm for the investment world. Share why you're drawn to asset management and your understanding of market trends. The hiring team at Citi will be keen to see that passion and how you keep up with industry news and developments.
Quantify Your Achievements:Don’t just tell them what you did - show them! When detailing your previous experience, include quantifiable achievements to illustrate your impact. Whether it’s percentage growth on a portfolio or cost savings in a project, these figures will help your application stand out to Citi. Numbers speak louder than words!
How to prepare for a job interview at Citi
✨Brush Up on Financial Modelling
For a role in investment asset management, being well-versed in financial modelling is crucial. Make sure you can articulate your experience with tools like Excel or any specialised software you've used. Maybe even prepare a couple of examples of financial models you've built or analysed.
✨Know Your Investment Strategies
Expect questions around different investment strategies and how you would apply them in various market scenarios. Get ready to discuss current market trends and how they impact portfolio management. This shows you're not just about the theory but also keeping an eye on real-world applications.
✨Show Your Analytical Skills
Since this is a full-time role, companies like Citi want to see your analytical thinking in action. Prepare to solve case studies or tackle some numerical puzzles during the interview. Practicing these types of questions will boost your confidence and show off your skills.
✨Discuss Your Long-Term Career Goals
As you’re applying for a full-time position, the interviewers will be interested in your commitment to the field. Be ready to discuss how this role fits into your long-term career plans in asset management. This shows you're not just looking for any job, but you’re genuinely interested in growing withCiti.