Skip to main content

Careers

COVID-19:

The health and safety of our colleagues and candidates for employment are our highest priority. Accordingly, Citi continues to monitor the COVID-19 situation closely. We have implemented precautionary measures across our firm globally, including conducting all candidate interviews virtually on a temporary basis until further notice where needed.

Risk - CGME Capital Markets Senior Risk Officer (ComCom Member) - Director

Job Req ID 21288464 Primary Location Frankfurt am Main, Germany Job Category Risk Management
Apply Now

Job Purpose:

The focus of the role will be to provide independent risk management oversight for the BCMA Capital Markets Business as member of the Global Commitment Committee representing CGME and participating in the review and approval of capital markets transactions (both DCM and ECM).

Additionally, the incumbent will be responsible for other risk activities in connection with corporate credit/corporate finance activities in CGME and development of relevant frameworks at the legal entity level as the entity further evolves and potentially expands is activities. The role will involve close collaboration with regional and institutional risk management teams, as well as a broad range of other control functions and business partners.

Job Background/Context:

As part of the implementation of Citi’s transformation of CGME into an EEA investment firm in Germany, this new role is required to strengthen the BCMA/Capital Markets Risk coverage in Germany, in particular the underwriting and activities.

The Global Fixed Income and Equity Commitment Committees review and approve capital market transactions for Citi clients around the world and ensure that Citi’s responsibilities, as an underwriter of securities, are fulfilled from legal / regulatory and reputational perspectives. 

The CGME Capital Markets Senior Risk Officer II will join Citi’s Global Commitment Committee co-Chairs, representing CGME and will be responsible for providing approvals in connection with ECM/DCM issuance activities from CGME in accordance with agreed framework.

Key Responsibilities:

  • Responsible for reviewing and approving capital market transactions for Citi clients issuing via CGME and ensure that Citi’s responsibilities, as an underwriter of securities, are fulfilled from local legal / regulatory and reputational perspectives.

  • Ensure that the deal / CMO teams have complied with Citi standards and policies relating to Citi’s role as an underwriter. Provide constructive input on disclosure of risks to investors – offer solutions that preserve client relationships and market position without sacrificing protection of Citi’s interests.

  • Balances Citi’s responsibilities in treating both issuer and investor clients in an equitable manner.

  • Communicate effectively with Citi senior management and regulators.

  • Serve as a point of escalation for key issues/decisions in high risk scenarios, assessing a situation based on available data, experience and judgement.

  • Coordinate with other key control functions: e.g. legal and AML compliance to ensure all risks are appropriately assessed and handled.

  • Maintain the records of the committee deliberations and decisions.

  • Appropriately assess risks when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to policy, applying sound ethical judgment regarding personal behaviour, conduct and business practices, and escalating, managing and reporting control issues with transparency.

  • Additionally, take responsibility for other challenge and oversight activities in connection with credit risk activities on the CGME entity, including assisting in developing/enhancing appropriate legal entity risk frameworks, internal and external audit and regulatory engagement.

Development Value:

This role will provide unique visibility, cross-functional and cross product and risk experience and knowledge. The position involves a significant amount of interaction with senior management in BCMA and direct involvement in a very active underwriting activity for clients from various countries.   As such, the role will entail exposure across businesses and functions operating on Citi’s new EU investment firm.

  • Significant interaction with management and exposure to local and regional stakeholders

  • Breadth of role will provide significant business and personal development opportunities

  • Unique opportunity to be part of the build out of a new entity/investment firm in Europe and business structure in a key strategic area for Citi

  • Opportunities available to take on additional senior management responsibilities over time

Qualifications:

  • 15 + years experience in a global full service financial institution (including at least seven years with Citi – preferred)

  • Bachelor’s/University Degree, Master’s degree preferred (e.g. Business studies, Economics, Quantitative studies, etc.)

  • Fluent in written and spoken English, German (preferred), other languages a plus

  • Familiarity with regulatory landscape facing global banks

  • Ideally, experience covering corporate and/or financial institution clients as a banker or product specialist would be a plus

Competencies

  • Strong commercial awareness is a necessity

  • Provides advanced judgment and conducts in-depth quantitative or qualitative analysis to solve problems, manage complexity and develop new, innovative solutions

  • Positive and pro-active professional attitude

  • Ability to manage multiple demands and tight timelines

  • Self-driven and finds it natural to take initiative and set the agenda

  • Promotes diversity of thought, background and experience

  • Entrepreneurial, in a corporate/investment bank / globally regulated bank context

Experience/Knowledge:

  • Experience with the preparation of prospectuses / offering memorandums and other disclosure documents

  • Knowledge of capital market practices in major financial centers in Europe and US, as well as investor behavior and consideration of global macroeconomic factors

  • Experience with capital formation in emerging market countries

  • Knowledge of Fixed income security analysis, including credit, terms and conditions as well as covenant packages

  • Business selection including investigation of client backgrounds

  • Knowledge of structured finance and structured products

  • Understanding of the valuation of equities

  • Decisive leadership for developing solutions in an environment with aggressive client requests

  • Commitment to independent views but willingness to compromise and be transparent in decision-making

  • Strong credit judgment/ability to quickly grasp risks associated with broad spectrum of companies and sovereigns

  • Ability to translate credit knowledge and experience into frameworks and policy documents

Skills:

  • Ability to identify complex business issues ensuring proper analysis / interpretation of issues

  • Excellent interpersonal skills necessary to deal with colleagues at all levels across the firm

  • Strong influencing and negotiating skills

  • Outstanding conflict management skills

  • Superior verbal and written communication skills

  • Ability to handle escalated discussions in a non-personal manner

  • Well-developed time management skills for a high volume of transactions often with short timetables

  • High sense of equanimity relative to competing pressures

  • Adherence to senior management directives, regulatory guidance and control functions

This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.

-------------------------------------------------

Job Family Group:

Risk Management

-------------------------------------------------

Job Family:

Underwriting & Distrib Risk

------------------------------------------------------

Time Type:

------------------------------------------------------

Citi is an equal opportunity and affirmative action employer.

Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. 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 the "EEO is the Law" poster. View the EEO is the Law Supplement.

View the EEO Policy Statement.

View the Pay Transparency Posting

Apply Now
  • Join our team
    of 200,000+
    strong diverse employees

  • Socially minded employees volunteering in communities across 90 countries

  • Meaningful career opportunities thanks to a physical presence in over 98 markets

We foster a culture that embraces all individuals and encourages diverse perspectives, where you can make an impact and grow your career. At Citi, we value colleagues that demonstrate high professional standards, a strong sense of integrity and generosity, intellectual curiosity, and rigor. We recognize the importance of owning your career, with the commitment that if you do, we promise to meet you more than half way.

Saved Jobs

You have no saved jobs

Previously Viewed Jobs

You have no viewed jobs