Team/Role Overview

The SP Solutions team is a structuring team responsible for origination, product development and execution of Solutions transactions for clients. It sits within the Spread Products business and also within Fixed Income Structuring team. The role reports to the Head of Solutions Structuring for Fixed Income. This is a VP level role, and you will be involved in developing, marketing and executing SP solutions ideas, across all types of institutional business mainly focused on EMEA (Developed Markets).

Transactions are expected to span across a wide swathe of Spread Products including risk transfer (including SRT transactions), special situations, single name private credit , structured credit, illiquid credit, tail risk hedging for clients, etc. You will also work collaboratively alongside other structurers in the broader Fixed Income Structuring team in executing transactions. The role will involve regular interaction with sales, trading and control function teams. A good part of the role involves developing ideas, expanding the boundaries of what is possible through working with trading / sales / control functions. In addition, attention to detail is critical given the focus on understanding complex legal documents.

What you’ll do

• Originate transactions through product pitches / marketing to the sales force and clients
• Structure, draft termsheets and lead execution of mandated transactions
• Lead approval processes of new products and bespoke transactions
• Be an integral member of a team that will generate product ideas
• Conduct origination, credit analysis, due diligence etc for private credit transactions
• Work collaboratively with key partners in Sales, Trading, Private Markets Coverage, Banking, Risk and other control functions

What we’ll need from you

• Experience of solution type trades is key e.g. SRT, SPVs, bespoke transactions, securitization etc.
• Strong corporate finance skill set with the ability to perform corporate credit analysis
• Familiarity with credit markets including public credit, private credit, capital stacks (eg AT1, sub-debt etc)
• Familiarity with pricing of credit derivative and structuring financing trades, highly competent at using spreadsheets, building tools etc.
• Experience of dealing with legal, regulatory and accounting issues (issues, documents, rules, people etc.) is key for this role
• A quantitative degree in e.g. mathematics, physics, computer science or economics is preferred.

The role provides significant interaction will all sections of Markets in EMEA. In addition, the role involves leading the execution and delivery of bespoke transactions with high senior visibility

What Citi can offer you

By joining Citi London, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed), and enjoy a whole host of additional benefits such as:

• 27 days annual leave (plus bank holidays)
• A discretional annual performance related bonus
• Private Medical Care & Life Insurance
• Employee Assistance Program
• Pension Plan
• Paid Parental Leave
• Special discounts for employees, family, and friends
• Access to an array of learning and development resources

Alongside these benefits Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self, every day. We want the best talent around the world to be energized to join us, motivated to stay, and empowered to thrive. If you are actively working with clients, have a passion for relationships and want to be part of a successful global franchise – then apply today.

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

Candidates applying for this role must be aware that it is a Certified Role, subject to the FCA and PRA Certification Regime. The Certification Regime is one element of the Individual Accountability Regime which came into effect on 7 March 2016. Under the Certification Regime, Citi UK regulated entities (Citi entities) must ensure that employees working in certain roles categorised as specified significant harm functions (Certified Roles) are assessed as fit and proper to carry out their role. Under the guidance provided by the FCA and PRA, firms should have regard to the following when assessing fitness and propriety:

• Honesty, Integrity and Reputation
• Financial soundness
• Competence and capability In order to comply with the requirements of the Certification Regime, Citi entities must take reasonable care to ensure that an employee does not perform a Certified Role without first being certified as Fit and Proper. For this reason, you will be assessed for this role against the Fit and Proper requirements, as described above. This assessment will be carried out through extensive interviews, self-disclosures, permitted criminal record checks, regulated reference checks, credit checks and other background screening checks.

Job Family Group:

Institutional Trading

Job Family:

Structuring

Time Type:

Full time

Most Relevant Skills

Please see the requirements listed above.

Other Relevant Skills

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

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