• Competitive
  • New York, NY, USA
  • Permanent, Full time
  • Citi-US
  • 2019-02-19

Global Spread Products - Municipal Securities - Public Finance Banker - Managing Director

Global Spread Products - Municipal Securities - Public Finance Banker - Managing Director

  • Primary Location: United States,New York,New York
  • Education: Bachelor's Degree
  • Job Function: Institutional Banking
  • Schedule: Full-time
  • Shift: Day Job
  • Employee Status: Regular
  • Travel Time: Yes, 25 % of the Time
  • Job ID: 18073757


Description

About Citi
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 are widely available to all.

Citi's public finance department is a dynamic investment banking unit of the Municipal Securities Division. Ranked as a top underwriter of municipal bonds, Citi continues to expand its focus on growing areas of municipal business, including large complex infrastructure transactions and Public Private Partnerships (P3s), two of the fastest growing segments of the municipal market. Citi is also looking for bankers with strong relationships with large municipalities and governmental entities that are contemplating and executing these large projects to facilitate client relationships in these areas.

Position requires significant banking experience in the public finance space and a solid background in marketing to municipalities, including State and local government and related infrastructure enterprises.  Knowledge in any of the product groups of public power, water or any other government-related infrastructure and transportation areas is helpful.  Knowledge of not-for-profit healthcare and higher education also desirable.  Familiarity with financial products including hedging, reinvestment products and other municipal derivatives is beneficial.  Candidates must be familiar with all aspects of financing from design of a capital structure to knowledge of the markets and the sales and underwriting process.  Senior banker should have established relationships and ability to obtain meetings with senior personnel at desired Citi clientele.

Job Responsibilities:

Capability to lead significant banking coverage efforts for large municipalities. Ability to work with and engage product experts in a way that allows strategic discussions with municipalities designed to meet their goals and solve their most complex problems.  This will include a strong understanding of all types of bonds, short and long-term in both the taxable and tax -exempt markets.  This will include managing internal and external resources in the building and working to bring in other areas of the firm when necessary.  Also consistent liaising with external clients and attorneys and acting as the point of contact on complex transactions.  Ability to train and mentor more junior personnel in all of these areas. Development of new relationships with municipalities and related entities and continued client maintenance for existing firm clients. 

Qualifications

  • Bachelor's degree required: all majors considered
  • Minimum of 15 + years in relevant investment banking experience
  • Ability to work well both independently and as a member of a team
  • Hard working and diligent
  • Strategic thinker; not afraid to challenge the status quo
  • Confident and comfortable with clients
  • Strong communication skills both written and verbal
  • Cooperative; focused in achieving the group and client objectives