Spread Products Solutions - Structuring - Vice President

  • Competitive
  • London, England, United Kingdom
  • Permanent, Full time
  • Citi
  • 18 Feb 19

Spread Products Solutions - Structuring - Vice President

  • Primary Location: United Kingdom,England,London
  • Education: Bachelor's Degree
  • Job Function: Trading
  • Schedule: Full-time
  • Shift: Day Job
  • Employee Status: Regular
  • Travel Time: No
  • Job ID: 18076992


Citi's Global Spread Products (GSP) Business is part of the greater Global Markets and Securities Services division of Citi's Institutional Clients Group. The Spread Products business is a global business with a presence in eleven countries across North and Latin America, Europe, Asia and Japan primarily focusing on corporate, municipal, and asset backed bonds, loans and credit default swaps, as well as structured products and financings. Global Spread Products has three major business lines: Global Credit Markets (GCM), Global Securitized Markets (GSM) and Municipal Securities (MSD). Global Credit Markets is responsible for secondary market trading in all Credit products.

The Spread Products Solutions (SPS) team works directly with all trading desks across GSP providing structuring capabilities and evaluating and implementing emerging opportunities.  These solutions include structured issuance and financing, retail structured products, securitizations, derivatives and new product development. 

The SPS team is looking to add a Vice President focused on structuring.

Job Responsibilities:

• Lead the structuring, closing and on-going monitoring of various structured products transactions
• Partner with other GSP trading and structuring desks to develop and implement solutions
• Prepare term sheets, deal summaries and presentations
• Review of terms of legal documentation of structured transactions, with the assistance of internal and external counsel
• Present and explain proposed structured products to senior managers and internal approval committees
• Coordinate internal approvals with control functions in Citi, including: Treasury, Risk, Accounting Policy, Regulatory Capital, Financial Control, Tax, Legal, Compliance and others
• Work with junior SPS colleagues on the development of models and marketing materials for structured products


• Individual must have excellent communication (oral and written), organizational and interpersonal skills, as well as the ability to multi-task under tight deadlines
• Series 7 and 63 are required  [NEED Licensing for London]
• Candidate is required to have a BA/BS with a minimum of 5 years of experience in structuring (structured credit experience preferred)
• Proficient knowledge of MS Excel and strong quantitative skills are required
• Transaction-related experience preferred
• Must be a team player; must be able to contribute and foster ideas within the team

Candidates applying for this role must be aware that it is a Certified Role, subject to the Certification Regime. The Certification Regime is one element of the Individual Accountability Regime which has come into effect on 7 March 2016. Under the Certification Regime, certain 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, certain 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, reference checks, credit checks and other background checks. If hired for this role, you will also be required to complete an annual declaration regarding your Fitness and Propriety.

By submitting your application, you acknowledge that you have read the information above and that you are applying for a Certified Role. You also agree to Citi carrying out any additional screening required, including permitted criminal record checks, reference checks, credit checks and any other background checks.

Exceptional candidates who do not meet these criteria may be considered for the role provided they have the necessary skills and experience.

Valuing Diversity:

Demonstrates an appreciation of a diverse workforce. Appreciates differences in style or perspective and uses differences to add value to decisions or actions and organisational success.

Citi is an Equal Opportunities Employer