Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Drive business growth for SPV administration services across Europe with a consultative sales approach.
- Company: Join Citco, a market leader in asset servicing since 1948, shaping the future of finance.
- Benefits: Enjoy flexible working arrangements, training support, and a diverse, inclusive culture.
- Why this job: Be at the forefront of innovation in finance while making a real impact in the industry.
- Qualifications: Bachelor’s degree with 10+ years in SPV investment and 5+ years in senior leadership required.
- Other info: Citco values diversity and offers accommodations for candidates with disabilities.
The predicted salary is between 72000 - 84000 £ per year.
Business Development Manager – Hedge Funds
Join to apply for the Business Development Manager – Hedge Funds role at The Citco Group Limited
Business Development Manager – Hedge Funds
Join to apply for the Business Development Manager – Hedge Funds role at The Citco Group Limited
Job Description
SVP – Business Development – SPV Administration Solutions
About Citco
The market leader. The premier provider. The best in the business. At Citco, we’ve been the front-runner in our field since our incorporation in 1948 led to the evolution of the asset servicing sector itself. This pioneering spirit continues to guide us today as we innovate and expand, push beyond the boundaries of our industry, and shape its future. From working exclusively with hedge funds to serving all alternatives, corporations and private clients, our organization has grown immensely across asset classes and geographies. For us, this progress is a pattern that we’ll only maintain as we move forward, always prioritizing our performance. So for those who want to play at the top of their game and be at the vanguard of their space, we say: Welcome to Citco.
Job Description
SVP – Business Development – SPV Administration Solutions
About Citco
The market leader. The premier provider. The best in the business. At Citco, we’ve been the front-runner in our field since our incorporation in 1948 led to the evolution of the asset servicing sector itself. This pioneering spirit continues to guide us today as we innovate and expand, push beyond the boundaries of our industry, and shape its future. From working exclusively with hedge funds to serving all alternatives, corporations and private clients, our organization has grown immensely across asset classes and geographies. For us, this progress is a pattern that we’ll only maintain as we move forward, always prioritizing our performance. So for those who want to play at the top of their game and be at the vanguard of their space, we say: Welcome to Citco.
About The Team & Business Line
Fund Administration is Citco’s core business, and our alternative asset and accounting service is one of the industry’s most respected. Our continuous investment in learning and technology solutions means our people are equipped to deliver a seamless client experience.
Responsible for generating new business revenue for Citco’s administration services for Special Purpose Vehicles (SPV’s) across all asset classes within the alternatives investment strategies in Europe by adopting Citco’s consultative sales approach and working in close collaboration with our SME’s and business leaders. Responsible for driving Citco’s growth and expansion in the SPV administration space across Europe by positioning Citco’s accounting, administrative, corporate secretarial, directorship, treasury and banking services.
Responsibilities
Your Role:
- Responsible for the management and execution of Citco’s BD and Sales business plan for the European region and ensure strategy is aligned with global objectives.
- Maintain an effective and measurable BD and Sales pipeline across LOB’s targeting strategic opportunities within the new launch and conversion space.
- Manage and measure performance of the BD and Sales function with focus on sales activity, revenue forecasting, profitability etc.
- Manage the end-to-end sales pipeline process in collaboration with European MD’s, SMEs and business managers.
- Lead and execute BD and Sales tactical and strategic goals with new market penetration, sales campaigns etc. to ensure proactive approach with new lead generation.
- Maintain effective lines of communication to senior management and Citco MD’s and across peer groups, SME’s etc.
- Ensure quality of the output of the BD and Sales function in Europe.
- Manage risk associated with the BD and Sales process and cycle.
- Manage BD/Sales reporting requirements to senior management including revenue YTD, timesheets, expenses, monthly news bulletin etc.
- Build, maintain and measure success of the European feeder network across LOB’s.
- Work with Marketing and Communications Group to assist Citco brand building initiatives via industry events and conferences, Citco hosted and co-hosted events.
- Increase Citco’s brand awareness by working alongside Citco’s PR agent.
- Coordinate the completion of RFPs, and new business proposals to management.
- Create, maintain, and promote product-related branding and marketing pitch materials.
Qualifications
About You:
- You have bachelor’s Degree in relevant field with ideally 10+ year’s Special Purpose Vehicle (SPV) investment experience, predominantly in Alternative Administration markets
- Minimum 5+ years’ demonstrated senior leadership experience.
- Communicate effectively – negotiation, presentation capabilities.
- Proven record of accomplishment in new business generation with sustainable YOY growth.
- Strong knowledge of the alternative fund industry.
- Ability to work in a team environment.
- Ability to manage multiple priorities and meet deadlines.
- Demonstrate initiative and leadership capabilities.
- Ability to escalate when appropriate.
- CPA, ACCA, CIMA designation would be an advantage.
Our Benefits
Your well being is of paramount importance to us, and central to our success. We provide a range of benefits, training and education support, and flexible working arrangements to help you achieve success in your career while balancing personal needs. Ask us about specific benefits in your location.
We embrace diversity, prioritizing the hiring of people from diverse backgrounds. Our inclusive culture is a source of pride and strength, fostering innovation and mutual respect.
Citco welcomes and encourages applications from people with disabilities. Accommodations are available upon request for candidates taking part in all aspects of the selection.
#INDCIT
Seniority level
-
Seniority level
Executive
Employment type
-
Employment type
Full-time
Job function
-
Job function
Business Development and Sales
Referrals increase your chances of interviewing at The Citco Group Limited by 2x
Get notified about new Business Development Manager jobs in London, England, United Kingdom .
Brand & Business Development Manager – Niches Spirits
Business Development Manager – TikTok LIVE – London
London, England, United Kingdom 3 days ago
London, England, United Kingdom 2 weeks ago
London, England, United Kingdom 1 week ago
Business Development Manager (BDM) Team Lead, EMEA
London, England, United Kingdom 2 days ago
London Area, United Kingdom $3,000 – $8,000 2 days ago
London, England, United Kingdom 1 day ago
Business Development Manager – South-East London
London, England, United Kingdom 1 week ago
Orpington, England, United Kingdom 5 months ago
London, England, United Kingdom 2 months ago
London, England, United Kingdom 1 week ago
London, England, United Kingdom 1 day ago
London, England, United Kingdom 3 weeks ago
Business Development Manager – Maritime Solutions (Maritime Industry)
London, England, United Kingdom 1 month ago
London, England, United Kingdom 4 days ago
Business Development Manager, Publisher-Partnerships
London, England, United Kingdom 4 days ago
London, England, United Kingdom 1 month ago
London, England, United Kingdom 1 day ago
London, England, United Kingdom 2 months ago
Greater London, England, United Kingdom 2 weeks ago
London, England, United Kingdom 3 weeks ago
Business Development Manager East-Midlands
London, England, United Kingdom 1 week ago
Business Development Manager – International
London, England, United Kingdom 1 week ago
City Of London, England, United Kingdom £120,000 – £120,000 2 weeks ago
We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr
Business Development Manager - Hedge Funds employer: The Citco Group Limited
Contact Detail:
The Citco Group Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Development Manager - Hedge Funds
✨Tip Number 1
Network with professionals in the hedge fund and alternative investment sectors. Attend industry events, webinars, and conferences to meet potential colleagues and clients. Building relationships can lead to valuable referrals and insights about job openings.
✨Tip Number 2
Stay updated on the latest trends and developments in the SPV administration space. Subscribe to relevant industry publications and follow thought leaders on social media. This knowledge will not only help you in interviews but also demonstrate your commitment to the field.
✨Tip Number 3
Prepare for interviews by practising your negotiation and presentation skills. Role-play common scenarios you might encounter in business development, focusing on how to effectively communicate Citco's value proposition to potential clients.
✨Tip Number 4
Research Citco’s recent projects and initiatives in the SPV administration sector. Understanding their current strategies and challenges will allow you to tailor your discussions during interviews, showcasing how your experience aligns with their goals.
We think you need these skills to ace Business Development Manager - Hedge Funds
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in business development, particularly within the hedge fund or alternative investment sectors. Use specific metrics to demonstrate your achievements and impact in previous roles.
Craft a Compelling Cover Letter: Your cover letter should reflect your understanding of Citco's position in the market and how your skills align with their needs. Mention your experience with SPVs and your ability to drive new business revenue, showcasing your consultative sales approach.
Highlight Leadership Experience: Since the role requires senior leadership experience, emphasise any past roles where you led teams or projects. Discuss how you managed performance and drove growth, as this will resonate well with Citco's expectations.
Showcase Industry Knowledge: Demonstrate your strong knowledge of the alternative fund industry in your application. Mention any relevant certifications like CPA, ACCA, or CIMA, and discuss how your expertise can contribute to Citco's growth in the SPV administration space.
How to prepare for a job interview at The Citco Group Limited
✨Know Your SPV Inside Out
Make sure you have a solid understanding of Special Purpose Vehicles (SPVs) and their role in alternative investments. Be prepared to discuss recent trends and challenges in the industry, as well as how Citco's services can address these.
✨Demonstrate Your Sales Acumen
Highlight your experience in business development and sales, particularly in the alternative fund sector. Prepare examples of successful strategies you've implemented in the past that led to new business generation and sustainable growth.
✨Showcase Your Leadership Skills
As this role requires senior leadership experience, be ready to discuss your approach to managing teams and driving performance. Share specific instances where you've led initiatives that resulted in measurable success.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving abilities and decision-making skills. Think of scenarios where you've had to navigate complex sales processes or manage multiple priorities, and be ready to explain your thought process and outcomes.
