- Salary
- $301k+
- Location
- New York, NY,US, US
- Workplace
- Remote, Hybrid
- Type
- Full-time
- Seniority
- Director
- Experience
- 8+ years
- Source
- Eightfold
Description
Citibank, N.A. seeks a Structurer, Director for its New York, New York location.
Duties: Lead the North America Solution business with a focus on new product and initiatives development, including fund solutions, non-recourse financing, structured repo solutions, and other bespoke offerings for institutional clients. Provide non-flow and non-vanilla structures for services including financing, liquidity management, hedging, risk and capital optimization, bespoke accounting and cross border solutions tailored for clients such as corporates, banks, insurance companies, asset managers and security firms. Design and execute bespoke liquidity solutions including asymmetric credit support annex (CSA) and special purpose vehicles. Structure fixed income solutions that bridge North American and Asian markets, managing tax, accounting and regulatory nuances. Offer customized solutions that address complex client problems. Apply structured finance and derivatives to create financial solutions that help clients manage liquidity (Net Stable Funding Ratio, Liquidity Coverage Ratio), mitigate risk, and meet capital requirements. Use tools to analyze liquidity metrics for liquid readily marketable securities. Price derivatives products using pricing and booking systems. Comply with Citi's capital framework and legal documentation standard and collaborate with capital and legal teams to ensure they are practical and compliant. Analysis of swap profiles, Credit Valuation Adjustment (CVA), curve construction and mapping the Greeks across term structure. Analyze Regulatory Capital and RWA optimization, BASEL III and US rules to structure transactions that provide RWA relief and optimized capital treatment. Lead the development of new products and key franchise projects. Conceptualize and develop new products. Map out business and growth plans. Draft and negotiate non-standard, term sheets within ISDA, GMRA framework for complex derivatives and repo transactions. Identify opportunity gaps within the market, leveraging insights from team members to expand product suites and client base. Originate transactions through product pitches. Apply understanding of the regional solution business to make informed decisions that align with Citi’s goals. A telecommuting/hybrid work schedule may be permitted within a commutable distance from the worksite, in accordance with Citi policies and protocols.
Requirements: Requires a Master’s degree or foreign equivalent, in Finance, Financial Economics, Mathematics, Economics, Physics, Computer Science or related quantitative field and 8 years of experience as Structurer, Quantitative Analyst, Associate or related position involving structured financing and solutions, and fixed income derivatives at a financial institution. Alternatively, will accept a Bachelor’s degree or foreign equivalent in the stated fields and 10 years of the specified progressive, post-baccalaureate experience. 8 years of experience must include: Pricing interest rate derivatives including analysis of swap profiles, Credit Valuation Adjustment (CVA), curve construction and mapping the Greeks across term structure; Drafting and negotiating non-standard, technical term sheets within ISDA, GMRA framework for complex derivatives and repo transactions; Leading end-to-end internal approval process for “first-of-its-kind” products, navigating tax, legal and accounting hurdles; Serving as lead technical authority in negotiations between Trading, Sales and control functions to determine risk appetite and strategies for new business opportunities; Designing and pricing derivative payoffs in note or deposit format as yield enhancement tools for clients. At least 6 years of experience must include: Structured financing including non-recourse and structured repo solutions; Using tools to analyze liquidity metrics for liquid readily marketable securities; Designing and executing bespoke liquidity solutions including asymmetric credit support annex (CSA), repo facilities, and financing using special purpose vehicles; Regulatory Capital and RWA optimization, BASEL III and US rules to structure transactions that provide RWA relief and optimized capital treatment; Structuring fixed income solutions that bridge North American and Asian markets, managing tax, accounting and regulatory nuances. Applicants submit resumes at https://jobs.citi.com/. Please reference Job ID #26982138. EO Employer.
Wage Range: $300,914 to $300,914
Job Family Group: Institutional Trading
Job Family: Structuring
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## Job Family Group:
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## Job Family:
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## Time Type:
Full time
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## Primary Location:
New York New York United States
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## Primary Location Full Time Salary Range:
In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.
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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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## Anticipated Posting Close Date:
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## Automated Processing and AI
We use automated processing, including artificial intelligence, for our legitimate business interests (or our reasonable and appropriate business purposes) to identify and align the candidate's skills and abilities with a specific job opening. Additionally, if you so choose, or consent, we can match your skills and abilities to other suitable roles at Citi.
Importantly, all our hiring processes and decisions, including determining your suitability for a role, are conducted, checked, and decided by individuals. Our automated processing and AI do not involve relying on automatic or autonomous decision-making. Please refer to any Jurisdictional Considerations, with specific provisions for your country (where relevant) for further details.
Illinois residents – AI Notice and Right
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Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.
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.
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