Global Head of Hedge Funds

Citi • New York, NY

9d

About The Position

Citi Wealth Investment Solutions is seeking a Global Head of Hedge Funds, a key growth pillar for our Alternatives Investment Manager Solutions (AIMS). The candidate will be responsible for a team that oversees the daily management of all third-party hedge funds on the AIMS platform, including origination, diligence, and structuring of investment opportunities for Citi Wealth clients The Head of Hedge Funds will collaborate closely with Citi Wealth Chief Investment Office, Platform Management, Sales Specialists, and other key functional partners that support the broader Alternatives and Investment Manager Solutions business. This position will report into the Head of AIMS and be responsible for driving business growth through strong performance of market leading hedge fund solutions.

Requirements

• 15+ years of direct experience in the asset management industry including 10+ years’ managerial experience, preferably in a portfolio management and/or deal origination role
• Strong academic record
• Excellent written and verbal communication skills and interpersonal relationship management skills
• Experience with face-to-face client interaction
• Strong analytical skills and technical insight
• Understanding of risk factors that drive investment performance
• Demonstrated ability to work both independently and as part of a team
• Ability and desire to mentor more junior team members
• Bachelor’s degree/University degree or equivalent experience

Nice To Haves

• Master’s degree preferred
• CFA preferred

Responsibilities

• Manage a team of analysts identifying, sourcing, diligencing, and monitoring Hedge Fund offerings across key strategies (e.g., equities, credit, Long/short, event-driven, diversifying, etc)
• Contribution to overall investment strategy, design, and implementation of portfolio and risk guidelines aligned with Wealth CIO views
• On-site prospect/client interactions, client maintenance, and support of sales/marketing initiatives
• Stay abreast of trends and news, maintain proactive views, and communicate conclusions/recommendations concerning pertinent sectors and macroeconomic trends and developments
• Implement research views into hedge fund offerings across various structures (HF UCITS, interval funds, feeder funds, fund of funds)
• Monitor risk of client accounts and utilize quantitative tools to analyze portfolio exposures and risk-factors
• Participate in investment meetings and work closely with other Citi Wealth investment professionals to discuss views on market events and analysis
• Monitor existing investments and industry developments
• Participate in research coverage responsibilities including preparing analysis of certain companies/sectors and attending sell side conferences and corporate management meetings
• Interface with internal and external clients to support new business activities and client retention initiatives
• 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, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards
• Utilize specialty knowledge to review, analyze, and develop beyond existing solutions
• Ensure solid partnerships and cross selling opportunities across range of products such as banking products, cash management, foreign exchange, credit, capital markets, and wealth management to deliver comprehensive services and solutions for clients
• Establish and maintain relationships with risk, business risk, compliance, and other relevant groups within Citi, as well as develop and ensure execution of the business strategy, and manage risk and compliance
• Partner with other global, regional, and country leaders to share best practices and drive business strategies, solutions, and client centric solutions to differentiate Citi in the marketplace and achieve substantial growth targets for the business
• Attract, motivate, develop, and retain talent

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager