Investment Associate (E&F)
- Primary Location: United States,New York,New York
- Education: Bachelor's Degree
- Job Function: Relationship Management
- Schedule: Full-time
- Shift: Day Job
- Employee Status: Regular
- Travel Time: No
- Job ID: 18071279
Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Our core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of our clients.
Citi's Mission and Value Proposition explains what we do and Citi Leadership Standards explain how we do it. Our mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. We strive to earn and maintain our clients' and the public's trust by constantly adhering to the highest ethical standards and making a positive impact on the communities we serve. Our Leadership Standards is a common set of skills and expected behaviors that illustrate how our employees should work every day to be successful and strengthens our ability to execute against our strategic priorities.
Diversity is a key business imperative and a source of strength at Citi. We serve clients from every walk of life, every background and every origin. Our goal is to have our workforce reflect this same diversity at all levels. Citi has made it a priority to foster a culture where the best people want to work, where individuals are promoted based on merit, where we value and demand respect for others and where opportunities to develop to are widely available to all.
Brief Description of the Organization CBNA is the primary legal entity for Citi, providing products and services to consumers, financial institutions and corporate clients around the world. In the past, Citi has provided most of its internal reporting on a business by business basis. With the changes in the regulatory environment, strong legal entity reporting and governance has become essential. This team is responsible for ensuring that CBNA has the appropriate governance and control infrastructure to meet the demand for legal entity planning, execution, information management and the ever-evolving regulatory environment.
Description of the Position
The Foundations & Endowments (F&E) business is a new focus for the rapidly growing NAM Investments organization. We believe that establishing a dedicated group focused on this client segment will allow us to establish CPB as a significant provider in the F&E space. This team will work across business lines and regions in developing a robust F&E offering for the Private Bank and will be the primary coverage team for significant F&E clients. We anticipate continuing to build out this team as the business grows, offering interesting development opportunities for the incumbent.
This will be a key role on the Foundations & Endowments Investment team based in NYC, offering a fast-paced, entrepreneurial environment and exposure to the full breadth of CPBs investment platform.
-Play a key support role in refining and rolling out a "Go To" portfolio for F&E clients, including traditional, hedge fund and private equity and real estate asset classes.
-The Investment Associate will partner closely with the F&E IC team and bankers to identify and pursue client opportunities across North America.
-Proactively searching for uncovered opportunities.
-Spearheading and completing more advanced ad hoc IC requests/analytics (client-specific or business strategy related).
-Leading market updates and product launch efforts.
-Identifying appropriate target clients for product launches (IDEA).
-Generating client proposals for the ICs in a highly reliable and independent way.
-With the mentoring and support of the ICs on the team, taking on increasing client interaction and ownership of portions of client reviews and updates.
-Discussing both managed investment and capital markets solutions for appropriate client portfolios (requires IP# and SP approval prior to soliciting orders).
-Developing a detailed understanding of the key business drivers and an opinion on how we continue to refine and expand our business.
-Seeking to improve processes/lead change efforts.
-Developing a strong network across business and product lines.
Business / Product Knowledge Development
-Demonstrate clear interest and affinity for markets and core investment principles.
-Become conversant in all aspects of the CPB investment platform (CM and MI, cash and derivative solutions).
-Develop a detailed knowledge of CPB's asset allocation methodology and its application to client portfolios, especially as relates to the F&E space.
-Active progress toward CFA designation will be viewed as a positive.
-Develop an in-depth understanding of our Private Equity, Real Estate and Hedge Fund offerings.
-Become fluent in our core asset management, discretionary and advisory solutions (CIM, MACs, Advisory Portfolios) and their performance drivers
Key Skills and Competencies Required
-A commitment to put our clients' interests first - to act ethically in everything we do.
-An ability to partner effectively with numerous constituents.
-A positive, team-oriented mindset.
-A desire to make a positive impact on our team culture.
-Solid knowledge of Bloomberg
-Strong Excel/PowerPoint skills
-Strong knowledge of CPB systems and tools (PAT, InView, IDEA, WebQQ, etc.)
-Understanding of Adaptive Valuation Strategies versus traditional asset allocation methods
-An ability to manage multiple projects simultaneously while maintaining a high degree of reliability and attention to detail.