The Vice President in Services Strategic investments will lead sourcing, execution and management of principal investments in fintech companies in the region. This individual will report to the Global Head of Services Strategic Investments and will work closely with various regional stakeholders (business heads, product leads, sales team) in the Services business to generate and help execute strategic investment opportunities.
Citi’s Services business provides its corporate clients with a comprehensive set of solutions across payments, trade and working capital solutions, cash management and liquidity management, investor services and issuer services. The Strategic Investments team is a part of the Partnerships and Innovation vertical within the Services organization, and helps the business continuously innovate and improve its operating model in a rapidly changing technology landscape.
What you’ll do
- Prepare regional strategy and direction of investment focus by working with senior managers and relevant subject matter experts across businesses and the respective operations and technology
- Develop sourcing network and internal & external relationships to identify new opportunities
- Lead negotiations, perform due diligence on, and execute own deals
- Support governance processes for investment portfolio, including
- Thorough preparation of materials supporting ad hoc and periodical risk assessments, valuation of portfolio companies and regular reviews
- Regular and open dialogue with Risk and senior management to ensure that any new risks with portfolio companies are raised and managed as early as possible
- Monitor and enhance performance of existing portfolio companies, including
- Taking on Board Director/ Observer/ Alternate duties for a small number of companies
- Connecting portfolio companies, (either directly or by delegating to team members), with relevant subject matter experts within Citi
- Providing guidance to existing portfolio companies on navigating the Citi vendor on-boarding process
- Driving a culture and approach that includes governance and controls as a priority
- Mentor younger team members (as needed) across the global team to develop necessary skills for success, e.g., investment analysis, due diligence, negotiation skills, potential pitfalls, and identifying and managing risks
What we’ll need from you
- 8+ years of relevant experience, preferably with 5+ years of investment experience
- Demonstrated interest in venture capital or technology – experience in VC, CVC, investment banking, strategy consulting or product management is a plus
- Transaction experience, across sourcing, deal evaluation, due diligence and portfolio management
- Basic familiarity with key areas within fintech, with a strong ability to grasp new technologies and how they can be successfully applied
- Ability to navigate a large financial services company, and effective engage senior leadership to create successful shared outcomes
- Ability to work effectively across times zones and cultures, including the ability to work well with subject matter experts across front-office, back-office and technology
- Strong relationship management, communication, and interpersonal skills
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Job Family Group:
Project and Program Management
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Job Family:
Program Management
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Time Type:
Full time
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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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