Citi‘s global footprint and ability to service clients holistically has positioned Citi to become an industry leader in Wealth. With an unwavering commitment to our clients, the Private Bank delivers a robust product offering and capabilities to help our clients achieve their goals.
Our Private Bankers and Product Specialists act as trusted advisors to many of the world’s most successful and influential individuals and families. The Citi Private Bank network of bankers and product specialists work in 50 offices in 15 countries. Our comprehensive services are tailored to individuals and families, including entrepreneurs and business owners, single- and multi-family offices, senior corporate executives, and next generation/inherited wealth. From banking and cash management to lending, investment strategies, trust and wealth advisory services, we are here to support our clients with a comprehensive range of services.
Our goal is to deliver expertise and a premier level of service while helping grow, manage and preserve wealth. As we partner with our clients, we can provide global thinking informed by deep local insight and help deliver the complete financial management strategies that today’s wealth requires.
Job Responsibilities:
Responsible for leading the NAM America Private Bank across 29 offices, and driving the execution against our strategy, goals and objectives within a strong control environment.
- Partner across the broader firm and Wealth’s regional and product heads to deliver responsible revenue growth, profitability and momentum for the Private Bank.
- Oversee operations to insure production efficiency, appropriate controls, quality, service and cost-effective management of resources
- Ensure that the business operates in accordance with applicable regulations and Citi policies
- Implement procedures and practices to manage operational risk and minimize operational losses
- Represent the NAM Private Bank at appropriate legislative sessions, committee meetings, and at formal functions
- Promote the Citi Private Bank to local, regional, national and international constituencies
- Direct Citi Private Bank planning and policy making committees
- Ensures that the Leadership Team model and build a culture of internal excellence at all levels, influencing through their positive leadership behaviors, the conversion of people and culture strategies, into reality.
- Provides the mandate and executive leadership for management to ensure that the mission and core values of the company are put into practice.
- The Head of NAM will report to the Global Head of the Private Banking, and will be a member of the Private Bank’s Global Leadership Team
Qualifications:
- Senior business leader, with a proven track record in leading operating businesses in large organizations, relationship building and people management
- Proven execution skills in prior assignments
- Strong understanding CPB products and deep knowledge of Citi network
- Licensing requirements: Series 7, 66 and 24
Success Factors / Requirements:
- Seasoned business leader with experience designing and driving the strategy for large / complex businesses in multiple geographies
- Exemplary leadership skills to engage diverse teams to partner and work together
- Proven Risk Management Skills to drive the business with safety and soundness
- High work ethics to foster a culture of integrity
- Ability to build and maintain strong relationships across Citi, including credibility with Independent Risk
- High level of curiosity to continuously identify market trends and disruptions that impact PB in the region and/or its clients and ability to shift strategy to stay competitive
- Strong execution and implementation ability
- Ability to evaluate multiple long and short-term strategies and priorities and effectively make tradeoffs to achieve aggressive business goals
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Job Family Group:
Private Client Coverage
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Job Family:
Private Client Senior Management
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Time Type:
Full time
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Primary Location:
New York New York United States
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Primary Location Full Time Salary Range:
$250,000.00 - $500,000.00
In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.
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Anticipated Posting Close Date:
Dec 05, 2024
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Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
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