At a Glance
- Tasks: Build relationships and develop tailored banking solutions for ultra-high net worth clients.
- Company: Citi Private Bank, a trusted advisor to the world's wealthiest individuals.
- Benefits: Generous holiday allowance, performance bonuses, private medical insurance, and learning resources.
- Why this job: Join a dynamic team and make a real impact in the African market.
- Qualifications: Experience in UHNW Private Banking and strong relationship-building skills required.
- Other info: Citi values diversity and offers equal opportunities for all applicants.
The predicted salary is between 36000 - 60000 £ 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 – demonstrate an in-depth understanding of clients' businesses and sources of wealth generation as well as serve as a trusted advisor to the Private Bank’s 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 monitor progress and make adjustments to achieve objectives.
- Teamwork – help team members 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.
- 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.
- Fluent in 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.
- Generous holiday allowance starting at 27 days plus bank holidays; increasing with tenure.
- A discretionary annual performance related bonus.
- Private medical insurance packages to suit your personal circumstances.
- Employee Assistance Program.
- Pension Plan.
- Paid Parental Leave.
- Special discounts for employees, family and friends.
- Access to an array of learning and development resources.
Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to race, colour, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.
Private Banker - African Market employer: Citi
Contact Detail:
Citi Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Private Banker - African Market
✨Tip Number 1
Network like a pro! Get out there and connect with people in the private banking scene, especially those who know the African market. Attend industry events, join relevant online forums, and don’t be shy about reaching out on LinkedIn.
✨Tip Number 2
Showcase your expertise! When you get the chance to chat with potential employers or clients, make sure to highlight your experience in UHNW private banking. Share success stories that demonstrate your ability to build relationships and deliver tailored solutions.
✨Tip Number 3
Be proactive! Don’t just wait for job openings to pop up. Reach out directly to firms like Citi through our website and express your interest in working with them. A little initiative can go a long way in landing that dream role.
✨Tip Number 4
Stay updated on market trends! Keep an eye on the latest developments in the African market and wealth management. This knowledge will not only help you in interviews but also position you as a valuable asset to any team.
We think you need these skills to ace Private Banker - African Market
Some tips for your application 🫡
Know Your Audience: Before you start writing, take a moment to understand who you're addressing. Research Citi and their approach to private banking, especially in the African market. Tailor your application to reflect how your experience aligns with their values and client expectations.
Showcase Your Experience: Highlight your proven track record in UHNW Private Banking or corporate banking. Use specific examples that demonstrate your ability to build relationships and develop tailored solutions for clients. This is your chance to shine, so make it count!
Be Clear and Concise: Keep your application straightforward and to the point. Use clear language and avoid jargon unless it's relevant. Remember, the goal is to communicate your skills and experiences effectively without overwhelming the reader.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets the attention it deserves. Plus, you’ll find all the necessary details about the role and our company culture there!
How to prepare for a job interview at Citi
✨Know Your Clients
Before the interview, research the specific needs and challenges faced by Ultra High Net Worth clients in the African market. Understanding their unique business landscapes will help you demonstrate your ability to build strong client relationships.
✨Tailor Your Solutions
Prepare to discuss how you can develop bespoke solutions for clients. Think of examples from your past experience where you successfully addressed complex investment or risk management needs, showcasing your creativity and innovation.
✨Showcase Your Network
Highlight your connections within the African market during the interview. Be ready to discuss how your existing relationships can benefit the role and how you plan to leverage them to acquire new clients.
✨Demonstrate Team Spirit
Citi values teamwork, so be prepared to share examples of how you've collaborated with colleagues to achieve results. Discuss how you can help team members grow and establish credibility with clients, reinforcing your commitment to a collaborative environment.