The FIRM EMEA Funds team covers over 30,000 funds managed by around 230 different fund managers. The funds are typically regulated mutual funds and pension funds, but some are unregulated funds. Further, the team covers asset management companies providing direct corporate credit. The Risk Manager's role in the team is to manage the risks inherent in trading with, and providing banking services to, a portfolio of these funds. A core, parallel responsibility is to contribute to continuous review and updating of FIRM's Global Procedures for risk management of funds, e.g. scorecards, onboarding, and monitoring processes. The key responsibilities include:
Industry Expert and Advisor, and Senior Credit Officer
Analyse and approve counterparty credit limits for trading, transactional and financing businesses with funds
Performing initial and annual credit reviews on a portfolio of funds
Develop and continually improve risk management framework and processes for funds
Advise businesses and clients on transaction structures and negotiate credit terms e.g. ISDA and CSA
The immediate opportunity is to grow core skills; credit and risk management, knowledge of derivatives and other products, specialised knowledge of funds industry, process and project management.
Knowledge, skills and experience required:
The ideal candidate will have experience managing a complex portfolio of funds. The candidate should also possess the following:
Solid work experience in a related field.
Knowledge of traded products such as derivatives, preferably also transactional and banking services such as custody and lending
Strong grasp of current technologies including stress testing is highly beneficial.
Advanced working knowledge of Microsoft Excel, PowerPoint and Word.
Highly effective communication skills, used to partner with other groups and present findings and suggestions to management.
Motivated and confident to drive change.
Attention to detail; unaffected by high-pressure situations.
Quantitative and intuitive skills in the risks inherent in capital markets products, transactions and positions.
Formal credit training with experience in a global institution.
Real sense for how to build / support business growth.
Bachelor degree required; additional degrees/designations which may include MBA, or MS desirable.
Exceptional candidates who do not meet these criteria may be considered for the role provided they have the necessary skills and experience.
Valuing Diversity: Demonstrates an appreciation of a diverse workforce. Appreciates differences in style or perspective and uses differences to add value to decisions or actions and organisational success.
Citi is an Equal Opportunities Employer
Internal Number: 5619546
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