Director of Private Banking - Citi
Director of Private Banking - Citi

Director of Private Banking - Citi

London Full-Time 72000 - 108000 £ / year (est.) No home office possible
C

At a Glance

  • Tasks: Lead private banking services for ultra-high-net-worth clients in Africa, building relationships and delivering tailored solutions.
  • Company: Citi Private Bank serves the world's wealthiest individuals with bespoke financial services and expert advice.
  • Benefits: Enjoy a dynamic work environment, competitive salary, and opportunities for professional growth.
  • Why this job: Join a prestigious team, make impactful connections, and thrive in a fast-paced, innovative banking culture.
  • Qualifications: Experience in UHNW private banking, strong relationship-building skills, and a deep network in the African market required.
  • Other info: This role is subject to FCA and PRA Certification Regime; candidates must meet fitness and propriety standards.

The predicted salary is between 72000 - 108000 £ per year.

Citi Private Bank is a trusted advisor to the world's wealthiest, most influential individuals and families. Like Citi's government, institutional and multinational corporate clients, Citi Private Bank clients receive bespoke service and access to the best ideas and solutions tailored to their unique needs and aspirations. Among its select clients are a third of the world's billionaires, many of whom are globally minded entrepreneurs with an expectation of an institutional level of service, who take advantage of Citi's holistic approach to wealth management. The Private Banker's role is to develop and deliver private and investment banking services to Ultra High Net Worth (UHNW) clients within the African market. UHNW is defined as clients with USD 25+ million Net Worth or USD 10+ million AUM or USD 100,000+ Client Net Revenue.

Responsibilities:

  • Build Client Relationships - Demonstrates an in-depth understanding of clients' businesses and sources of wealth generation as well as serve as a trusted advisor to the Private Banks clients.
  • Develop Client Solutions - Develop tailored solutions that address clients' unique investment, risk management, and financing/liquidity needs.
  • Execute and Drive Results - Set challenging goals, regularly monitoring progress and making adjustments to achieve objectives.
  • Teamwork - Help team members to acquire the experience necessary to establish credibility with clients and intermediaries.
  • Build & Maintain Relationships with Business Partners, Colleagues and Staff - Develop strong relationships and partners with support functions across the Private Bank to maintain control, find solutions and resolve issues.
  • Promote Integrity and Trust - Understand and communicate the risk involved with various investment strategies.

Knowledge/Experience:

  • Proven experience in UHNW Private Banking or the institutional/corporate banking market, specifically covering the African market.
  • Demonstrated track record in relationship acquisition.
  • Proven success in building a new business, prospecting for new clients and business, identifying new business opportunities and closing transactions.
  • Extensive experience in selling new products, based on client needs.
  • Experience in working on teams and influencing diverse resources and stakeholders.

Skills:

  • Fluent English.
  • Excellent relationship building skills.
  • Having a deep network in the African market.
  • Thrives in a business development environment.
  • Strong IT skills including Excel and Word.
  • Creative and innovative.
  • Able to multi-task and prioritise.
  • Strong awareness of risk and compliance.

Candidates applying for this role must be aware that it is a Certified Role, subject to the FCA and PRA Certification Regime. The Certification Regime is one element of the Individual Accountability Regime which came into effect on 7 March 2016. Under the Certification Regime, Citi UK regulated entities (Citi entities) must ensure that employees working in certain roles categorised as specified significant harm functions (Certified Roles) are assessed as fit and proper to carry out their role. Under the guidance provided by the FCA and PRA, firms should have regard to the following when assessing fitness and propriety: Honesty, integrity and reputation; Financial soundness; Competence and capability. In order to comply with the requirements of the Certification Regime, Citi entities must take reasonable care to ensure that an employee does not perform a Certified Role without first being certified as Fit and Proper. For this reason, you will be assessed for this role against the Fit and Proper requirements, as described above. This assessment will be carried out through extensive interviews, self-disclosures, permitted criminal record checks, regulated reference checks, credit checks and other background screening checks.

Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law. 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.

C

Contact Detail:

Citi Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Director of Private Banking - Citi

✨Tip Number 1

Network extensively within the African market. Attend industry events, conferences, and seminars where UHNW individuals and families are likely to be present. Building relationships with key players in this space can give you a significant edge.

✨Tip Number 2

Stay updated on the latest trends and developments in private banking and wealth management, particularly those affecting UHNW clients. This knowledge will help you engage in meaningful conversations and demonstrate your expertise during interviews.

✨Tip Number 3

Prepare to discuss specific examples of how you've successfully built client relationships and developed tailored solutions in your previous roles. Highlighting your track record in relationship acquisition will be crucial in showcasing your fit for this position.

✨Tip Number 4

Familiarise yourself with Citi's values and approach to client service. Understanding their holistic approach to wealth management will allow you to align your responses with their expectations during the interview process.

We think you need these skills to ace Director of Private Banking - Citi

Client Relationship Management
Investment Strategy Development
Risk Management Awareness
Business Development
Networking in the African Market
Sales and Negotiation Skills
Team Leadership
Problem-Solving Skills
Financial Analysis
Compliance Knowledge
Excellent Communication Skills
Multi-tasking and Prioritisation
Creativity and Innovation
Proficiency in Microsoft Excel and Word

Some tips for your application 🫡

Understand the Role: Before applying, make sure you fully understand the responsibilities and expectations of the Director of Private Banking position at Citi. Tailor your application to highlight your experience in UHNW Private Banking and your understanding of the African market.

Highlight Relevant Experience: In your CV and cover letter, emphasise your proven track record in relationship acquisition and business development. Provide specific examples of how you've successfully built client relationships and developed tailored solutions for UHNW clients.

Showcase Your Skills: Make sure to showcase your excellent relationship-building skills and your deep network within the African market. Mention any relevant IT skills, particularly in Excel and Word, as well as your ability to multi-task and prioritise effectively.

Prepare for Compliance: Since this role is subject to the FCA and PRA Certification Regime, be prepared to discuss your honesty, integrity, and financial soundness during the interview process. Familiarise yourself with the Fit and Proper requirements to demonstrate your suitability for the role.

How to prepare for a job interview at Citi

✨Understand the UHNW Client Profile

Familiarise yourself with the characteristics and needs of Ultra High Net Worth clients, especially within the African market. Be prepared to discuss how your experience aligns with their expectations for bespoke service and tailored solutions.

✨Demonstrate Relationship Building Skills

Showcase your ability to build and maintain strong client relationships. Prepare examples from your past experiences where you successfully acquired new clients or deepened existing relationships, highlighting your approach and results.

✨Highlight Your Business Development Experience

Be ready to discuss your track record in business development, particularly in identifying new opportunities and closing transactions. Use specific metrics or achievements to illustrate your success in this area.

✨Emphasise Risk Awareness and Compliance

Given the importance of integrity and trust in this role, be prepared to talk about your understanding of risk management and compliance. Discuss how you have navigated these aspects in previous roles to ensure client satisfaction and regulatory adherence.

Director of Private Banking - Citi
Citi
C
  • Director of Private Banking - Citi

    London
    Full-Time
    72000 - 108000 £ / year (est.)

    Application deadline: 2027-06-15

  • C

    Citi

Similar positions in other companies
UK’s top job board for Gen Z
discover-jobs-cta
Discover now
>