At a Glance
- Tasks: Lead capital allocation strategies and optimise client-level investments in a global financial institution.
- Company: Join Citi, a trusted partner in financial services with a mission for growth.
- Benefits: Enjoy a competitive salary, generous holidays, hybrid work, and extensive learning resources.
- Other info: Dynamic workplace culture that values diversity and personal growth.
- Why this job: Make a real impact in capital management while collaborating with diverse teams.
- Qualifications: Strong analytical skills, finance background, and experience in financial services required.
The predicted salary is between 60000 - 80000 £ per year.
Are you looking for a career move that will put you at the heart of a global financial institution? Then bring your skills in analysis, problem solving and communication to Citi’s Balance Sheet and Capital Management team. By joining Citi, you will become part of a global organisation whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.
Team/Role Overview
Citi Services is one of Citi’s five interconnected businesses and at the heart of Citi’s global network. Citi Services includes Treasury & Trade Solutions (TTS) and Investor/Issuer Services. TTS provides an integrated suite of Liquidity, Payments and Trade/Working Capital solutions to multinational corporations, financial institutions, public sector organisations and increasingly mid-sized corporate clients. Investor/Issuer Services provides global institutional clients a wide range of solutions, including custody, fund services, execution services, and issuer services.
Capital optimisation is a critical area for Citigroup and represents a significant challenge facing the financial services industry. As a firm, our ability to effectively lead in this area will be a significant determinant of our future competitiveness. It also helps satisfy a regulatory requirement for enhanced connection between strategic planning and capital planning.
Services Capital Allocation and Management, Lead Analyst, plays a critical role in Services’ capital and balance sheet strategy by directing capital strategy at the client level in order to align balance sheet usage with client priority. The successful candidate will execute current client‑oriented capital programs and accountability framework within Trade and Working Capital Solutions and expand them to the Services‑wide level to deploy capital across highest returning clients and products.
Responsibilities
- Execute and maintain client-level capital‑investment for monthly and quarterly processes, through close collaboration with Trade & Working Capital Solutions Sales and Cluster managers.
- Analyse client pricing and remediate modelling assumptions of transaction returns to troubleshoot deal‑level drivers of client returns profile.
- Identify inconsistencies in client financials/TCE, Services RWA, and other Services capital metrics (GSST/CECL); upscale systemic issues and create Data Concerns, identify root causes, and influence automated solutions.
- Maintain portfolio‑level metrics for capital‑investment programs and prepare monthly/quarterly updates.
- Expand client‑level applications of capital‑investment to the Services level, in conjunction with Banking and Markets partners, including Trade and Working Capital Solution’s successful Asset Optimization Program.
Qualifications
- Required to dive into details, to execute and enhance robust capital allocation methodology.
- Wholesale Credit Orientation: Experience working with Risk / Treasury / Finance and Technology / Operations partners; exposure to RWA, TCE, capital, liquidity measures, and modelling concepts (PD, LGD).
- Possess a Client Mindset, i.e. familiarity with client perspective as well as banking solutions and products including cash management, trade, payments, securities services, foreign exchange, commodities, fixed income, loans (including syndicated, bilateral) and capital market product.
- Understand Portfolio Management, i.e. how Services’ exposure to client and counterparties combines into the global portfolio and fits into the portfolio’s lifecycle.
- Extremely high attention to detail and organizational skills.
- Comfortable manipulating different data sources to analyse and answer business problems.
- Innovation mind set and intellectual curiosity.
- Ability to partner well with a range of stakeholders in the firm to drive objectives to delivery, strong interpersonal skills to identify and resolve conflict to mitigate roadblocks.
- Significant relevant experience in the Financial Services Industry.
- Understanding of Financial instruments and products as well as Risk and Corporate Banking functions.
- Familiarity with regulatory capital rules; internal allocation methodologies is a plus as is exposure to RWA, TCE, and liquidity measures.
- Proven analytical skills for executing data analysis and quantitative strategies.
- Highly proficient in Excel / PowerPoint / Tableau.
- Coding / Advanced macros / SQL / Python a plus.
- A demonstrated history of delivering on initiatives.
- Highly motivated with attention to detail, team oriented, and strong organisational skills.
- Excellent interpersonal, influencing, facilitation, and partnering skills with key stakeholders and senior management.
- Bachelor’s degree in finance, Economics, Engineering, Computer Science, Mathematics, or related fields; master’s degree preferred.
Benefits
By joining Citi London, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed), and enjoy a whole host of additional benefits such as:
- Generous holiday allowance starting at 27 days plus bank holidays; increasing with tenure.
- A discretionary annual performance related bonus.
- Private medical insurance packages to suit your personal circumstances.
- Employee Assistance Program.
- Pension Plan.
- Paid Parental Leave.
- Special discounts for employees, family, and friends.
- Access to an array of learning and development resources.
Alongside these benefits Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day. We want the best talent around the world to be energized to join us, motivated to stay, and empowered to thrive.
Sounds like Citi has everything you need? Then apply to discover the true extent of your capabilities.
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.
Vice President, Capital Allocation & Management, Lead Analyst - Services in London employer: Citigroup, Inc.
Citi London offers an exceptional work environment where employees are empowered to thrive within a global financial institution. With a commitment to diversity and inclusion, generous benefits including a competitive salary, extensive holiday allowance, and opportunities for professional development, Citi fosters a culture that values collaboration and innovation. Join us to be part of a team that not only drives financial progress but also prioritises employee well-being and growth.
StudySmarter Expert Advice🤫
We think this is how you could land Vice President, Capital Allocation & Management, Lead Analyst - Services in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Citigroup, Inc.. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Vice President, Capital Allocation & Management, Lead Analyst - Services in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Citigroup, Inc..
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Citigroup, Inc.'s website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Citigroup, Inc.
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Citigroup, Inc..
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Citigroup, Inc. will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Citigroup, Inc. employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
