Citigroup, Inc

Managing Director, Private Banker, Beverly Hills

Citigroup, Inc • $250K — $500K *
Beverly Hills, CA 90210In-Person
Finance & Insurance
11 - 15 years of experience
1 month ago
Job Overview by Ladders

Qualifications

  • 15+ years of experience in Private Banking
  • Extensive experience in leading client teams and transactions
  • Proven track record of relationship selling in the UHNW market
  • Bachelor's degree required; Master's preferred

Responsibilities

  • Grow existing client business and implement acquisition strategies for UHNW clients
  • Drive team revenue goals and ensure accountability
  • Collaborate with Global Market Manager to lead team activities
  • Coach team members in sales techniques and idea sharing
  • Coordinate client outreach and best practice sharing among team members
  • Develop and implement marketing and event strategies for client engagement
  • Monitor team performance, providing feedback and conducting performance reviews

Benefits

  • Medical, dental, and vision coverage
  • 401(k) plan
  • Life, accident, and disability insurance
  • Wellness programs
  • Paid time off including vacation and sick leave
  • Paid holidays
Full Job Description
The Private Banker Func Group Mgr manages a team of senior professionals. The job requires a broad and comprehensive understanding of the different systems, theories and practices relevant to a function as well as practical experience of multiple business cycles. In-depth knowledge of the industry and direct competitors' products/services is also necessary in order to contribute to the commercial objectives of the business. Requires thorough understanding of strategic direction of the function within the business, combined with a solid conceptual/practical grounding in both the function and/ or area of expertise. Excellent communication skills required in order to influence a wide range of audiences. The job is likely to be involved in both internal and external negotiations which will have a major impact on the area managed, and possibly on other related areas and organization as a whole. Develops medium- to long-term plans and executes functional strategies for the market under management, requiring coordination and integration across units.

Responsibilities:
  • The position entails growing the existing client business, along with an acquisition strategy for UHNW target names. Thus thorough knowledge of the relevant market is critical and a track record evidencing the ability to grow such business through a focused and high quality team.
  • Accountable for driving revenue and be responsible for their entire team's revenue goals.
  • Works closely with the Global Market Manager (GMM) to lead the activities for the team.
  • Coach and guide team members and help them develop and share sales ideas across their and the wider team.
  • Co-ordinate client calling and prospecting amongst team members and sharing best practice.
  • Work with the GMM to achieve overall team revenues and growth objectives.
  • Take the lead in developing and implementing marketing and client events for the team.
  • Help team members in executing their account plans by providing guidance and support on specific deals and clients.
  • Provide ongoing feedback to team members on their performance as well as the formal mid-year & year-end reviews.
  • Demonstrate an in-depth understanding of clients' businesses and sources of wealth generation.
  • Anticipate events in a client's life and business, which have significant financial implications.
  • Bring together the appropriate product experts to develop long-term solutions that strengthen client relationships with the firm.
  • Help clients achieve broad financial & investment goals related to the creation, management, and transfer of wealth.
  • Develop tailored solutions that address clients' unique investment, risk management, and financing/ liquidity needs.
  • Regularly monitor progress against goals and make adjustments to achieve objectives.
  • Plan and prioritize daily, weekly and monthly activities to maximize revenue growth and client satisfaction.
  • Transfer or eliminate non-productive accounts in order to focus on clients who fit within the business strategy.
  • Establish a referral network and gain introductions to potential clients which generate new sales.
  • Close the deal, making concessions that are appropriate and in line with the fundamental interests of the Private Bank.
  • Help team members acquire the experience to establish credibility with clients and intermediaries.
  • Demonstrate strong commitment to team success and place team goals above personal achievement.
  • Work collaboratively with the GMM and other Team Leaders to lead the business.
  • Encourage team members to work collaboratively and with the entire business to deepen client relationships and exceed sales goals.
  • Align complementary experiences and skill sets of team members to maximize client effectiveness.
  • Build and maintain relationships with Business Partners, Colleagues and Staff.
  • Develop strong relationships and partners with support functions across the Citi Private Bank to maintain control, find solutions and resolve issues.
  • Follow standard procedures and advocate appropriate exceptions to standard practices when the bigger picture needs to be considered, and seek or grant approvals as appropriate.
  • Ensure compliance on regulatory requirements and minimizes any potential liability for Citi.
  • Ensure strong controls and effective operational and administrative services.
  • Sets an example of behaviour to all employees.
  • Partner with colleagues across the Citigroup network to leverage capabilities and share expertise.
  • Ensure clients are presented with seamless execution of internal processes and Citi services.
  • Prioritize issues that need to be escalated, getting the appropriate people involved to expedite resolution.
  • 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.

Qualifications:

  • 15+ years of experience
  • 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

Education:

  • Bachelor's/University degree, Master's degree preferred


Job Family Group:
Private Client Coverage

Job Family:
Private Banker

Time Type:
Full time

Primary Location:
Beverly Hills California United States

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.

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:
jun 08, 2026

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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