Citigroup Inc
HNW Private Banker SAFE Act
Citigroup Inc, Miami, Florida, us, 33222
HNW 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. HNW 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 DevelopmentGrow client net revenue annually in core product areas: investment management, capital markets, and banking & lendingCreate sales and marketing strategies designed to generate revenue growth and to acquire new target clients within different sectorsProspecting - generate leads and develop prospects, network to identify referrals to new clients/prospectsProfile, qualify, and convert prospects into CPB clients.Identify and execute on new business opportunities with existing clientsOrchestrate appropriate specialist resources to develop tailored, long-term solutions for clients/prospectsPresent and communicate to clients/prospects complex financial concepts and investment strategies in a way that is easily understoodRelationship Management
Serve as the client's advocate and trusted advisor (primary contact) for strategic advice on financial mattersCreate, organize, and implement a wealth management strategy designed to deepen relationships with existing clientsManage client expectations regarding what can and cannot be executed on their behalfEnsure financial strategies are kept current and appropriately aligned with client objectivesUnderstand and communicate the risk involved with financial and investment strategiesEnsure all client inquiries and problems are handled effectively and resolvedHelp team members to acquire experience and establish credibility with clientsCompliance Oversight and Controls
Comply with all regulatory policies and control procedures regarding client transactions and suitabilityOversee and ensure compliance with the following processes: Investment Objective Setting (IOS), Client Risk Profile (CRF), Periodic Client ReviewsOversee and ensure clients are on-boarded appropriately including all required documentation is complete and accurateSkills and Knowledge
Client facing experience, preferably in the financial services industry. Strong knowledge of investments, banking and credit productsStrong knowledge of financial industry and current market conditionsStrong verbal and written communication skills. Excellent interpersonal skills, problem solving, team work and analytical skillsAbility to establish relationships and partner effectively with various groups including sales, service, operations, compliance, and marketingAbility to understand, utilize and learn computer and web based applicationsQualifications and Education
Licensing: Series 7 & 66 (or 63 & 65)BA plus relevant financial services experience required.
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 - $300,000.00
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.
Anticipated Posting Close Date:Sep 27, 2024
Citi is an equal opportunity and affirmative action employer.
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.
Citigroup Inc. and its subsidiaries ("Citi") invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review
Accessibility at Citi .
View the " EEO is the Law " poster. View the
EEO is the Law Supplement .
View the
EEO Policy Statement .
View the
Pay Transparency Posting
Job Requirements
New Client and Business DevelopmentGrow client net revenue annually in core product areas: investment management, capital markets, and banking & lendingCreate sales and marketing strategies designed to generate revenue growth and to acquire new target clients within different sectorsProspecting - generate leads and develop prospects, network to identify referrals to new clients/prospectsProfile, qualify, and convert prospects into CPB clients.Identify and execute on new business opportunities with existing clientsOrchestrate appropriate specialist resources to develop tailored, long-term solutions for clients/prospectsPresent and communicate to clients/prospects complex financial concepts and investment strategies in a way that is easily understoodRelationship Management
Serve as the client's advocate and trusted advisor (primary contact) for strategic advice on financial mattersCreate, organize, and implement a wealth management strategy designed to deepen relationships with existing clientsManage client expectations regarding what can and cannot be executed on their behalfEnsure financial strategies are kept current and appropriately aligned with client objectivesUnderstand and communicate the risk involved with financial and investment strategiesEnsure all client inquiries and problems are handled effectively and resolvedHelp team members to acquire experience and establish credibility with clientsCompliance Oversight and Controls
Comply with all regulatory policies and control procedures regarding client transactions and suitabilityOversee and ensure compliance with the following processes: Investment Objective Setting (IOS), Client Risk Profile (CRF), Periodic Client ReviewsOversee and ensure clients are on-boarded appropriately including all required documentation is complete and accurateSkills and Knowledge
Client facing experience, preferably in the financial services industry. Strong knowledge of investments, banking and credit productsStrong knowledge of financial industry and current market conditionsStrong verbal and written communication skills. Excellent interpersonal skills, problem solving, team work and analytical skillsAbility to establish relationships and partner effectively with various groups including sales, service, operations, compliance, and marketingAbility to understand, utilize and learn computer and web based applicationsQualifications and Education
Licensing: Series 7 & 66 (or 63 & 65)BA plus relevant financial services experience required.
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 - $300,000.00
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.
Anticipated Posting Close Date:Sep 27, 2024
Citi is an equal opportunity and affirmative action employer.
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.
Citigroup Inc. and its subsidiaries ("Citi") invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review
Accessibility at Citi .
View the " EEO is the Law " poster. View the
EEO is the Law Supplement .
View the
EEO Policy Statement .
View the
Pay Transparency Posting