Full-Time

VP Branch Manager

Posted on 12/17/2024

Citigroup

Citigroup

10,001+ employees

Global financial services and banking solutions

Fintech
Financial Services

Compensation Overview

$107.1k - $160.7kAnnually

+ Incentive Awards + Retention Awards

Senior

Paramus, NJ, USA

Category
Sales & Trading
Finance & Banking
Required Skills
Customer Service
Requirements
  • 6-10 years of relevant experience required
  • Previous experience in banking or financial industry preferred
  • Sales management experience preferred
  • Registered or willing to register as mortgage loan originator with Nationwide Mortgage Licensing
  • Obtain or willing to obtain unique identifier from Registry
  • Consistently demonstrates clear and concise written and verbal communication skills
  • Consistently demonstrates analytic skills
  • Bachelor's Degree/University degree or equivalent experience
  • Master’s degree preferred
Responsibilities
  • Develop a sales plans and drive individual production goals, including building referral network and relationships with internal partners and external contacts
  • Create an environment through activity-based coaching and performance development and implement/execute coaching plan to develop employee’s skill set to achieve personal/branch goals
  • Develop and execute integrated sales, relationship, and credit strategies that are aligned with the Retail Bank's priorities, execute business plan to achieve expected goals in all business categories
  • Support portfolio growth by identifying opportunities to deepen relationships and increase client acquisition and ensure clients receive optimal service and monitor/adhere to operational controls
  • Collaborate with branch partners to successfully achieve goals, build customer relationship and deliver customer service
  • Leverage workforce planning tool to optimize staffing in branches and set expectations for branch staff, fostering an environment in which team members work together to achieve all business goals
  • Integrate segment partners, partner with Assistant Manager and partner with the Division Operational to drive sales and drive outbound sales activities including: representing Citi and building partnerships in the community
  • Conduct daily proof processes to ensure adherence to operational requirements; investigate controllable losses among branch staff; provide coaching and manage performance on decisions used
  • Lead hiring process and coordinate performance management, compensation, communication and employee evaluation of branch staff
  • Responsible for planning, budgeting and policy formulation and involved in short-term planning resource planning
  • Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.

Citigroup provides a variety of financial services to individuals, businesses, and governments around the world. Its offerings include consumer banking, credit, corporate and investment banking, securities brokerage, and wealth management. The company operates in over 160 countries, allowing it to facilitate cross-border transactions and serve a diverse clientele. Citigroup's products work by leveraging its extensive global network and technology to provide efficient banking solutions, generating revenue through interest on loans, service fees, trading, and investment management. Unlike many competitors, Citigroup places a strong emphasis on sustainability and social responsibility, investing in environmental, social, and governance initiatives. The company's goal is to create a positive financial and social impact while achieving growth and profitability.

Company Stage

IPO

Total Funding

$59.8M

Headquarters

New York City, New York

Founded

1812

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Simplify's Take

What believers are saying

  • Citi's investment in SeQura supports expansion into lucrative international markets.
  • Increased focus on digital banking solutions enhances customer experience and operational efficiency.
  • Growing demand for ESG-linked products aligns with Citi's sustainability goals and offerings.

What critics are saying

  • Competition from fintechs like SeQura threatens Citi's market share in consumer banking.
  • Integration challenges with fintech partners like Capitolis may lead to strategic misalignments.
  • Exposure to credit risk increases with large debt funding deals in volatile markets.

What makes Citigroup unique

  • Citi's global presence in over 160 countries sets it apart from competitors.
  • Strong focus on ESG initiatives enhances Citi's brand and attracts socially conscious investors.
  • Partnerships with fintechs like Pylon and Capitolis showcase Citi's commitment to innovation.

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