Citigroup, Inc.
NY, USA
The US Pensions Investment ("USPI") team is the investment management team that manages and invests the assets of the US Plans. USPI team is responsible for managing the Citi's US Defined Benefit (DB) and Defined Contribution (DC) retirement plans of a total $30 billion and advises on the Asset Allocation and Investment strategy for all the International Pension Plans. The Fixed Income Analyst will have as primary responsibility to analyze Fixed Income portfolios and monitor the LDI applications of the Plan's Assets vs its Liabilities. The DB Plan is investing 70% of its assets in Core Fixed Income with primary objective to provide a hedging strategy for its Liabilities. The DC Plan allocates its assets and have passive and active investments in Fixed income assets. Currently, all investments in DB Plan's Core Fixed Income are managed by external managers and the LDI program grew substantially most recently as the DB Plan became over funded. The LDI program is monitored by the...