Citigroup, Inc

Citi Private Bank - UHNW Private Banker - Director / MD

Citigroup, Inc • $200K — $500K *
Miami, FL 33186Hybrid
Finance & Insurance
11 - 15 years of experience
Reposted 2 weeks ago
Job Overview by Ladders

Qualifications

  • 15+ years of experience in financial services, particularly in private banking for UHNW clients
  • Licensing: Series 7 & 66 (or 63 & 65) & 31 required
  • Proven track record in relationship selling and managing client teams
  • Extensive knowledge of Citigroup's private banking systems and capabilities
  • Strong client-facing experience with in-depth knowledge of investments and credit products

Responsibilities

  • Grow client revenue in investment management, capital markets, and banking
  • Develop and execute sales and marketing strategies for new client acquisition
  • Generate leads through networking and referrals
  • Convert prospects into Citi Private Bank clients
  • Implement tailored long-term solutions for clients
  • Simplify complex financial concepts for client communication
  • Serve as a primary advocate for clients, managing expectations effectively

Benefits

  • Comprehensive medical, dental, and vision coverage
  • 401(k) retirement savings plan
  • Life, accident, and disability insurance
  • Wellness programs
  • Paid time off including vacation, sick leave, and holidays
Full Job Description
Private Bankers at Citi develop and deepen client relationships in order to thoroughly understand the client situation and utilize that knowledge to develop tailored wealth management strategies. Private Bankers are able to add value to clients by building and drawing upon a network of internal resources, often global, to achieve desired results. Successful Bankers are able to develop and adapt a disciplined sales process to convert a pipeline of prospects into target market clients. In addition, they are able to deliver quality Private Bank client relationships (solutions and services) in an intensely competitive fragmented market, taking fullest advantage of the Citi franchise while protecting the Bank and client/firm by complying with relevant policies, procedures, and country legal/regulatory requirements.

Job Requirements

New Client and Business Development
  • Grow client net revenue annually in core product areas: investment management, capital markets, and banking & lending
  • Create sales and marketing strategies designed to generate revenue growth and to acquire new target clients within different sectors
  • Prospecting - generate leads and develop prospects, network to identify referrals to new clients/prospects
  • Profile, qualify, and convert prospects into CPB clients.
  • Identify and execute on new business opportunities with existing clients
  • Orchestrate appropriate specialist resources to develop tailored, long-term solutions for clients/prospects
  • Present and communicate to clients/prospects complex financial concepts and investment strategies in a way that is easily understood


Relationship Management
  • Serve as the client's advocate and trusted advisor (primary contact) for strategic advice on financial matters
  • Create, organize, and implement a wealth management strategy designed to deepen relationships with existing clients
  • Manage client expectations regarding what can and cannot be executed on their behalf
  • Ensure financial strategies are kept current and appropriately aligned with client objectives
  • Understand and communicate the risk involved with financial and investment strategies
  • Ensure all client inquiries and problems are handled effectively and resolved
  • Help team members to acquire experience and establish credibility with clients


Compliance Oversight and Controls
  • Comply with all regulatory policies and control procedures regarding client transactions and suitability
  • Oversee and ensure compliance with the following processes: Investment Objective Setting (IOS), Client Risk Profile (CRF), Periodic Client Reviews
  • Oversee and ensure clients are on-boarded appropriately including all required documentation is complete and accurate
  • 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.


Skills and Knowledge
  • Client facing experience, preferably in the financial services industry. Strong knowledge of investments, banking and credit products
  • Strong knowledge of financial industry and current market conditions
  • Strong verbal and written communication skills. Excellent interpersonal skills, problem solving, team work and analytical skills
  • Ability to establish relationships and partner effectively with various groups including sales, service, operations, compliance, and marketing
  • Ability to understand, utilize and learn computer and web based applications


Qualifications and Education
  • 15+ years of experience
  • Licensing: Series 7 & 66 (or 63 & 65) & 31
  • Extensive and proven experience in Private Banking having covered the UHNW market / Extensive experience in working with and/or leading client teams and transactions / Demonstrated track record in relationship selling
  • Demonstrates extensive knowledge of all Citi Private Bank banking and product systems, platforms, tools and capabilities.


Job Family Group:
Private Client Coverage

Job Family:
Private Banker

Time Type:
Full time

Primary Location:
Miami Florida United States

Primary Location Full Time Salary Range:
$200,000.00 - $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.

Most Relevant Skills
Please see the requirements listed above.

Other Relevant Skills
For complementary skills, please see above and/or contact the recruiter.

Anticipated Posting Close Date:
Jul 15, 2025

About Citigroup, Inc

Citigroup is a financial services holding company that provides financial products and services. The company operates through two segments, Global Consumer Banking (GCB) and Institutional Clients Group (ICG). The GCB segment offers traditional banking services to retail customers through retail banking, commercial banking, Citi-branded cards, and Citi retail services. The ICG segment offers various banking, and financial products and services to corporate, institutional, public sector, and high-net-worth clients. This segment provides wholesale banking products and services, including fixed-income and equity sales and trading, foreign exchange, prime brokerage, derivative services, equity and fixed-income research, corporate lending, investment banking, and advisory services, private banking, cash management, trade finance, and securities services. Citi is committed to sustainability and social responsibility, and the company invests in initiatives that promote economic progress.

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Learn more about Citigroup, Inc
Market Cap
$1.3 billion
Industry
Finance & Insurance
Net Income
$89.6 million
Founded
1812
5 Year Trend
+4.6%
NASDAQ
C
* Ladders Estimates

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