Apply on Employer Site

Citi · 6 hours ago

Pensions - Hedge Fund and Private Credit Investment Officer - SVP

Queens, NY

Full-time

Onsite

Mid, Senior Level

$177K/yr - $265K/yr

7+ years exp

Citi is a leading global bank, and they are seeking a Hedge Fund and Private Credit Investment Officer. The role involves strategic oversight and management of the US DB Pension Plan's investments in Hedge Funds and Private Credit, focusing on optimizing returns and managing risks through collaboration with external managers and advisors.

BankingFinanceFinancial Services

H1B Sponsor Likely

Responsibilities

Provide direct and impactful contributions to the strategic direction and operational management of the Hedge Fund and Private Credit portfolios, ensuring alignment with the overall investment objectives of the DB Pension Plan

Actively participate in the comprehensive management of portfolio liquidity, market risk exposure, and liability hedging strategies. This includes a dedicated focus on alpha generation across all sub-portfolios, encompassing the full spectrum of Hedge Fund strategies employed

Cultivate and maintain robust relationships with external Hedge Fund managers. This involves the active negotiation of Investment Management Agreements (IMAs) and continuous engagement to ensure effective partnership and performance delivery

Engage in diligent negotiation and optimization of fee structures with external managers. Furthermore, spearhead projects aimed at identifying innovative approaches to consistently generate stable alpha returns that surpass established Hedge Fund benchmarks

Demonstrate proficiency in both individual analytical work and collaborative teamwork. The role requires the ability to partner effectively across various internal teams to proactively identify solutions to complex business inquiries, ensure timely resolution, and independently drive the implementation and execution steps necessary to bring open issues to successful completion

Fulfill additional duties and functions as directed by the CIO, with a particular emphasis on comprehensive reporting requirements pertaining to Risk Management, Regulatory Compliance, and Internal Audit functions

Facilitate daily interactions with the Custodian bank to ensure accurate and timely reconciliation of investment transactions, efficient cash management, and seamless asset transfers

Conduct thorough due diligence for all prospective new investments and perform annual reviews for existing allocations. Maintain a dynamic watchlist of managers and present well-researched recommendations for portfolio changes to the CIO and the various Investment Committees

Oversee and manage the critical relationship with the External Hedge Fund Advisor, leveraging their expertise to enhance portfolio performance and risk mitigation

Consistently assess risk during all business decision-making processes, exhibiting an acute awareness of the firm's reputation and actively safeguarding the interests of Citigroup, its clients, and assets. This includes rigorously adhering to applicable laws, rules, and regulations, strictly complying with internal policies, exercising sound ethical judgment in personal and professional conduct, and promptly escalating, managing, and transparently reporting any control issues

Qualification

Hedge Fund managementPrivate Credit managementPortfolio managementMacroeconomic expertiseAnalytical tools proficiencyRisk assessmentFinancial analysisCommunication skillsTeam collaboration

Required

A minimum of seven (7) years of progressive experience within a reputable financial services organization, with a demonstrated focus on managing Hedge Fund and Private Credit portfolios

Proven experience in effectively analyzing actual and forecast investment results, coupled with a comprehensive and in-depth knowledge of various Hedge Fund strategies and their underlying sub-strategies

Thorough understanding of key macroeconomic metrics and extensive experience in managing portfolios specifically designed for hedging purposes, while simultaneously targeting superior alpha generation beyond established benchmarks

Advanced proficiency with standard analytical tools, including but not limited to Microsoft Excel, Microsoft Access, Python and SQL

Exceptional written and oral communication skills, capable of conveying complex financial concepts clearly and concisely to diverse stakeholders

Demonstrated thorough knowledge of fundamental Balance Sheet and Profit & Loss (P&L) statement analysis

A Bachelor's degree in Economics, Finance, Business Administration, or a closely related quantitative field is required

Preferred

A Master's degree in a relevant discipline is highly preferred

Benefits

Medical, dental & vision coverage

401(k)

Life, accident, and disability insurance

Wellness programs

Paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays

Company

Citi

Glassdoor3.8

Citi's mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.

Founded in 1812

San Antonio, Texas, USA

10001+ employees

https://www.citi.com

H1B Sponsorship

Citi has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (1386)

2024 (849)

2023 (1375)

2022 (1117)

2021 (876)

2020 (901)