Investment Lab Portfolio Engineer - Private Bank

Employer
Citi
Location
Singapore, Singapore
Salary
Competitive
Posted
26 Mar 2021
Closes
25 Apr 2021
Ref
10618801
Job Function
Wealth Management
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Citi has a long and proud history operating in Asia since 1902. Citi Private Bank (CPB) in Asia banks one-third the region's billionaires dedicated to serving clients across 13 countries. In 2020 Asset AAA named us "Best Private Bank, Asia". The wealth management industry continues to grow rapidly and is a strategic growth area for Citi. In Asia alone we expect the UHNW individuals to increase by 30%+ and host nearly a quarter of the worlds' wealthy over the next five years.

The Global Investment Lab is an integral part of CPB's Investments organization, dedicated to delivering comprehensive, analytical and customized investment strategies with specific actionable solutions for high-net-worth and ultra-high-net-worth relationships. As a key competitive differentiator at CPB, the Lab coaches and educates clients by providing them with advice, tools and capabilities that support their financial well-being. The team comprises Client Analysts who work with UHNW clients on Portfolio Construction and Asset Allocation, Quants who develop the underlying Models used by the team and Portfolio Engineers who develop highly scalable solutions and applications for clients. Collectively the team provides Broad and comprehensive advice on all elements of managing wealth across their Assets and Liabilities including Cash Flow Solutions, Liquidity and Concentrated Position Management, Risk Management, Stress and Scenario Analysis. Solutions are delivered through three primary areas of focus:

  • Client Analytics (provision of client-specific analytics and recommendations based upon clients' needs and portfolio holdings, covering assets and liabilities)
  • Product Strategy (Articulation of global and regional themes, positioning our solutions offering and strategy development)
  • Business Management (Identifying opportunities for CPB and our clients through analysis of the book of business, clients' portfolios and markets or product trends).


As we continue to expand our regional foot print, we are looking to significantly scale up the current Lab offerings towards delivery to a larger future client base. This position aims is to accelerate that path - creating highly scalable and configurable digital solutions for clients and bankers that amplify their ability to access, interrogate and action their wealth choices. The ideal candidate has past experience in developing analytical platforms - using insights and information to address the needs of our clients in wealth management. This includes application development, data management and engineering. By partnering with Analytical program managers, Quant, Data scientists, Operations & Technology and more broadly the position will accelerate further progress on this journey.

The position has a responsibility for driving results, enabling sales and enhancing the bank's revenue generating efforts. This role will have a focus on the AP region. It requires a unique focus on innovation as it is a cornerstone of the Global Investment Lab. The selected candidate will benefit from knowledge and experience earned working in a in a multi-disciplinary team, with Regional and Global reach, in a team looking to build CPB's wealth delivery model for the future.

PRINCIPAL RESPONSIBILITIES:
  • You are externally focused and worldly curious. With so much change afoot you are outward looking, answering the questions and questioning the answers.
  • The team has a significant number of use cases in digital environment ; The ideal candidate has created Digital E2E solutions for clients and internal advisors.
  • Help to define and implement a strategic vision which helps provide a holistic wealth solution to our clients.
  • Work with and balance diverse needs of different stakeholders across geographies and seniority.
  • Execution focused with a proven record in managing projects of high complexity through various stages of delivery.
  • Teamwork and partnership: The Lab is a multi-disciplinary team, and values diverse thinking and collaborative working.
  • Work with Product and Technology partners to scale existing & building new analytical capabilities - identifying the right platform to deliver an optimal solution
  • Work towards developing innovative solutions, tools and frameworks for global Investments organization.
  • Partner with Quants and Data scientists to deploy optimal solutions for the business
  • Develop new Analytical capabilities which can be scaled across the HNW and UHNW segments.
  • Identify opportunities for CPB and our client segments via analysis of the book of business and markets/product trends
  • Inclusive investment and portfolio positioning and/or research, liaising with regional and global counterparts across the Private Bank and Citi as a whole.
  • Consistently follow and support regulatory policies.


Key requirements:

You will be expected to have familiarity with key technologies and platforms like

Data engineering: Python, R , Agile Framework, Visualization tools like Tableau, Qlik

Platform applications: Java / Oracle /SQL / API / Web services

Fintech: Experience working with Fintech and Integrating Analytical solutions into the Platform.

This position would suit a proactive and energetic analyst with a business centric mindset and the ability to manage his/her time around business priorities. The opportunities for skill-set growth are high because of the wide range of subjects covered.

Qualifications Required:

Knowledge of Analytical Techniques and development of Analytical tools relevant to Financial Services and Wealth Management

Familiarity with financial modelling (including Monte Carlo simulation, optimization, and regression) and statistical analysis tools

At least 7 years of relevant industry experience

Strong Business English skills, with excellent written / verbal / proposal communication skills

Ability to Work with multiple stakeholders Globally to deliver on solutions.

Soft skills include a can-do attitude, sense of ownership and a team-player approach

Education: Bachelor degree and beyond in Computer Science or Engineering.

Desirable:
  • Experience in a digital transformation in a large financial services organization
  • Experience in Data science concepts and delivery: ML/ AI / Big data systems/technologies
  • Previous investments experience with high and ultra-high net worth individuals
  • CFA designation or progress towards CFA


Job Family Group:
Private Client Product Services

Job Family:
Investment Analytics

Time Type:

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