Job Description

Citi Wealth is a leading provider of financial solutions for affluent, high net worth and ultra-high net worth clients around the world. Our Private Bankers, Financial Advisors and Product Specialists act as trusted advisors to many of the world's most successful and influential individuals and families.


We provide global insights informed by deep local knowledge and help deliver the complete financial management strategies that today's wealth requires. Our comprehensive services are tailored to individuals and families, including entrepreneurs and business owners, single-and multi-family offices, senior corporate executives, next generation/inherited wealth, law firms and attorneys. From investment strategy, to banking, to lending and cash management we are here to support our clients comprehensively. Our goal is to deliver a premier level of service while helping clients preserve, grow and manage their wealth.


Lending is a key product offering within Citi Wealth. Lending provides competitive borrowing solutions that are strategically integrated into our client's broader Wealth Management goals. Our team provides lending solutions across all three client segments including Citi Private Bank, Wealth at Work, Citi Private Client and Citigold as part of their wider Citi relationship.

Role

Securities Based Lending's (SBL) Product Solutions (PS) team is tasked with building a best-in-class SBL Platform for Lending and Wealth. The cornerstone for this transformation is newly designed and implemented Loanable Value (LV) Framework. The SBL PS SVP in EMEA will be expected to develop LV methodologies applicable to SBL portfolios, seek stakeholder input, implement, test & validate the Portfolio LV construct for SBL. Additionally, the candidate will be expected to know the basics for stress testing, portfolio management and risk analytics to shape deliverables and projects for SBL PS and lending. The role is integral to create a market leading lending organization focused on sustainable growth with a best-in-class SBL product.

Responsibilities

Design, calibrate with stakeholder feedback and outline governance for Portfolio LV Methodologies across SBL Wealth client segments. Requires a wholistic approach to be flexible for client needs, address risk concerns, have a consistent and unified approach, and provide insights to clients. Build and deploy analytical tools to support Portfolio LV assessments that include asset-class quantitative and qualitative attributes and simulate potential margin calls in stress markets. Leverage existing firm and business portfolio approaches to tailor for Wealth clients. Lead portfolio LV model design, documentation, performance testing and presentation to stakeholders. Deliver clear and persuasive communications across senior business heads, forums, committees and impacted stakeholders; translate complex quantitative topics into actionable decisions. Develop tools for quantitative insights into potential risks and returns to facilitate better leverage management for portfolios. Actively contribute to firmwide initiatives related to SBL Transformation, Collateral Management System rebuild and prioritize an enhanced client experience in SBL. Collaborate with Controls, Risk, Legal and Compliance to ensure Portfolio LV meets policy, regional jurisdictional, and regulatory standards. Delegate for Product Solutions team in discussions with lenders, risk, controls, audit and regulators.

Requirements

Extensive experience in risk analytics, preferably in Wealth Management, Prime Brokerage or Margin Lending. Strong knowledge of capital markets instruments and risks, including equities, fixed income, funds, structured notes. Advanced understanding of SBL, portfolio optimization, and asset LV methodologies. Experience with counterparty risk modeling, Monte-Carlo simulations, multi-asset stress testing and VaR. Knowledge of regulatory capital requirements (Basel III / IV), SR11-7, RWA and CECL. Strong programming skills (Python, R, C#, SQL) and knowledge of data management tools like Tableau. Ability to manage large projects with multi-functional stakeholders. Exceptional communication skills with ability to present technical analysis to front-office, risk and control stakeholders, and influence and negotiate at senior levels.

Education:

Minimum requirement: Undergraduate degree in an analytical or quantitative field (STEM) such as economics, statistics, mathematics / sciences, engineering, or a similar field. Masters/MBA preferred but not required.


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Job Family Group:


Private Client Product Services
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Job Family:

IF Margin & Sec Backed Finance
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Time Type:


Full time
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Most Relevant Skills


Please see the requirements listed above.
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Other Relevant Skills


For complementary skills, please see above and/or contact the recruiter.
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