C

Citi

Runs banking and payments for global clients

UHNW Private Banker

Wealth Management & Financial AdvisoryConfirmed live in the last 24 hours
Full-timeChicago, IL, USA$200k - $500kHybrid

About the Job

Requirements

  • Client-facing experience, preferably in the financial services industry, with strong knowledge of investments, banking, and credit products.
  • Strong knowledge of the financial industry and current market conditions.
  • Strong verbal and written communication skills, interpersonal skills, problem-solving skills, teamwork skills, and analytical skills.
  • Ability to establish relationships and partner effectively with sales, service, operations, compliance, and marketing groups.
  • Ability to understand, utilize, and learn computer- and web-based applications.
  • 15 or more years of experience.
  • Series 7 and Series 66 licenses, or Series 63 and Series 65 licenses.
  • Extensive and proven private banking experience covering the ultra-high-net-worth market.
  • Extensive experience working with and/or leading client teams and transactions.
  • Demonstrated track record in relationship selling.
  • Extensive knowledge of Citi Private Bank banking and product systems, platforms, tools, and capabilities.

Responsibilities

  • Develop and deepen client relationships to thoroughly understand client situations and use that knowledge to develop tailored wealth management strategies.
  • Build and draw upon a network of internal resources, often global, to achieve desired client results.
  • Develop and adapt a disciplined sales process to convert a pipeline of prospects into target-market clients.
  • Deliver quality private banking client relationships, solutions, and services in a competitive, fragmented market while taking advantage of the Citi franchise and protecting the bank and client through compliance with relevant policies, procedures, and country legal and regulatory requirements.
  • Grow client net revenue annually in investment management, capital markets, and banking and lending.
  • Create sales and marketing strategies to generate revenue growth and acquire new target clients in different sectors.
  • Generate leads, develop prospects, and network to identify referrals to new clients and prospects.
  • Profile, qualify, and convert prospects into Citi Private Bank clients.
  • Identify and execute new business opportunities with existing clients.
  • Coordinate appropriate specialist resources to develop tailored, long-term solutions for clients and prospects.
  • Present and communicate complex financial concepts and investment strategies to clients and prospects in an easily understood way.
  • Serve as the client’s advocate and trusted advisor and primary contact for strategic financial advice.
  • Create, organize, and implement wealth management strategies designed to deepen relationships with existing clients.
  • Manage client expectations regarding what can and cannot be executed on their behalf.
  • Keep financial strategies current and aligned with client objectives.
  • Understand and communicate the risks involved in financial and investment strategies.
  • Ensure client inquiries and problems are handled effectively and resolved.
  • Help team members acquire experience and establish credibility with clients.
  • Comply with regulatory policies and control procedures regarding client transactions and suitability.
  • Oversee and ensure compliance with Investment Objective Setting, Client Risk Profile, and Periodic Client Review processes.
  • Oversee and ensure clients are appropriately onboarded and required documentation is complete and accurate.
  • Assess risk in business decisions, considering the firm’s reputation and safeguarding Citigroup, its clients, and assets; drive compliance with applicable laws, rules, and regulations; adhere to policy; apply sound ethical judgment; and transparently escalate, manage, and report control issues.

About the Company

Citi

Runs banking and payments for global clients

Citi runs banking, investment and payment services for companies, governments and individuals around the world. Its global network connects institutions with local banking systems, while its US consumer business sells credit cards and deposit accounts. Corporate clients use Citi to manage cash, finance trade and raise capital, and investors use its trading, custody and wealth services to hold and manage assets. The bank earns interest on loans and fees from payments, securities transactions, financial advice and account services. Citi traces its banking roots to 1812; the Citigroup holding company was formed in 1998, and its headquarters are in New York City.

Company size
10,001+
Company stage
IPO
Headquarters
New York City, New York
Founded
1812

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