Senior Fixed Income Advisor - Private Bank
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Wealth brings together the full power of Citi to serve the entire continuum of wealth clients, from affluent to ultra-high net worth to family offices. The strategies we create help our clients maintain liquidity while maximizing yields, transact in foreign currency and across borders, and manage fluctuating expenses or cash flow. We are uniquely suited to helping our clients meet their banking needs across regions through our global network.
We're currently looking for a high caliber professional to join our team as Senior Fixed Income Advisor (Internal Job Title: Fixed Income Sr. Lead - C14 ) based in Hong Kong. Being part of our team means that we'll provide you with the resources to meet your unique needs, empower you to make healthy decision and manage your financial well-being to help plan for your future. For instance:
• Citi provides programs and services for your physical and mental well-being including access to telehealth options, health advocates, confidential counseling and more. Coverage varies by country.
• We believe all parents deserve time to adjust to parenthood and bond with the newest members of their families. That's why in early 2020 we began rolling out our expanded Paid Parental Leave Policy to include Citi employees around the world.
• We empower our employees to manage their financial well-being and help them plan for the future.
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• We offer our employees resources and tools to volunteer in the communities in which they live and work. In 2019, Citi employee volunteers contributed more than 1 million volunteer hours around the world.
In this role, you're expected to:
Senior Fixed Income Advisor will be a critical member of our Private Bank investment team, responsible for providing expert fixed income advice, solutions, and portfolio management to our ultra-high-net-worth (UHNW) and high-net-worth (HNW) clients. This role requires deep expertise in global fixed income markets, a strong understanding of private banking client needs, and the ability to articulate complex strategies in a clear and compelling manner. The Senior Fixed Income Advisor will work closely with Private Bankers, Investment Counselors, and other product specialists to deliver comprehensive and tailored investment solutions.
This role is based within the Private Bank's Capital Markets Group, covering client activity in fixed income cash trading and advisory. This position will be part of Fixed Income Team reporting to the Head of Fixed Income Flow and be involved in covering private clients directly.
Responsibilities:
• Delivering ideas and trade recommendations; whilst providing the highest level of execution service and advice; to UHNW Citi Private Bank trading clients
• Actively develop and market to a dedicated advisory client base in line with the business's service and revenue objectives. Identify client needs and fixed income objectives within the context of their overall investment strategy.
• Actively monitor markets (particularly fixed income / credit). Develop and remain abreast of market intelligence with the view to delivering such intelligence to the relationship management teams in the region, in conjunction with CPB and CIR research functions.
• Maintain rigorous risk management approach with clients on their exposures in accordance with clients' stated risk tolerances.
• Responsible for increasing client penetration across the entirety of fixed income product set
• Act as the regional product expert whilst working in accordance with the business's product programme, processes and procedures Actively design product improvements, better delivery methods, implementing new capabilities.
• Responsible for ensuring the seamless execution, booking and reporting of transactions.
• Ensure conformity with global Firm standards of client service, regulatory, compliance, and operating model
• Increase connectivity and engagement between Markets and Citi Private Bank clients and staff.
• Actively participate in regional sales and marketing forums to promote fixed income product capabilities.
• Appropriately assess risk 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 behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.
Qualifications:
• 10+ years of experience
• Extensive experience in sales and trading of primary bonds and flow fixed income products / Experience of market commentary and analysis capabilities / Experience of Developed as well as Emerging Markets
• Experience in derivatives and structured products will be beneficial but not essential / Previous exposure to High Net Worth Private clients and Family Offices would be beneficial / An additional language to English is beneficial but not essential
• Strong fixed income market knowledge and experience / Good interpersonal and communication skills essential / Strong IT skills essential / Strong analytical skills essential / Ability to develop strong working relationships across functional and geographical lines
Education:
• Bachelor's/University degree, Master's degree preferred
• Regulated role with applicable/mandatory licenses and/or qualifications.
This position falls under the Mandatory Reference Checking (MRC) Scheme, a standardised reference-checking arrangement that is designed to support the integrity of authorized institutions regulated by the Hong Kong Monetary Authority. The MRC Scheme requires an in-scope institution intending to hire an individual for certain relevant positions to conduct a mandatory reference check on that individual, by requesting information about them from each relevant former and current employer. By applying for this role, you acknowledge that your reference may be shared with other participating banks in accordance with the scheme's principles. For further details, please refer to the public website of HKAB.
Working at Citi is far more than just a job. A career with us means joining a family of dedicated people from around the globe. At Citi, you'll have the opportunity to grow your career, give back to your community and make a real impact.
Take the next step in your career, apply for this role at Citi today
https://jobs.citi.com/dei
Job Family Group:
Private Client Product Services
Job Family: Investment Capital Markets
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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