Private Banking Specialist - Citi
Private Banking Specialist - Citi

Private Banking Specialist - Citi

London Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Build relationships and develop tailored banking solutions for ultra-high-net-worth clients.
  • Company: Citi Private Bank serves the world's wealthiest individuals with bespoke financial services.
  • Benefits: Enjoy a dynamic work environment, professional growth opportunities, and a chance to make an impact.
  • Why this job: Join a prestigious team and work with influential clients while developing your skills in finance.
  • Qualifications: Experience in private banking or corporate banking, with strong relationship-building skills required.
  • Other info: This role is subject to FCA and PRA Certification Regime; candidates will undergo thorough assessments.

The predicted salary is between 43200 - 72000 £ per year.

Citi Private Bank is a trusted advisor to the world's wealthiest, most influential individuals and families. 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 Levant 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 & Acquire 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 Levant 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 (written and spoken), Arabic and/or French language skills also be advantageous.
  • Excellent relationship building skills.
  • 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. 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. 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.

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Contact Detail:

Citi Recruiting Team

StudySmarter Expert Advice 🤫

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

✨Tip Number 1

Network strategically within the private banking sector, especially focusing on connections related to UHNW clients. Attend industry events and seminars where you can meet potential clients or colleagues who can refer you.

✨Tip Number 2

Stay updated on market trends and investment strategies that appeal to UHNW individuals. This knowledge will not only help you in interviews but also demonstrate your commitment to providing tailored solutions.

✨Tip Number 3

Develop your relationship-building skills by engaging with professionals in finance and wealth management. Consider joining relevant professional associations or groups to enhance your credibility and visibility in the field.

✨Tip Number 4

Prepare for the interview process by practising responses to questions about risk management and compliance, as these are crucial in the private banking sector. Show that you understand the importance of integrity and trust in client relationships.

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

Client Relationship Management
Investment Strategy Development
Risk Management Awareness
Business Development
Prospecting and Lead Generation
Negotiation Skills
Team Collaboration
Communication Skills
Fluency in English, Arabic and/or French
Financial Analysis
Compliance Knowledge
Problem-Solving Skills
Adaptability
Strong IT Skills (Excel and Word)
Creativity and Innovation

Some tips for your application 🫡

Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Private Banking Specialist position. Tailor your application to highlight your relevant experience in UHNW Private Banking and your ability to build client relationships.

Highlight Relevant Experience: In your CV and cover letter, emphasise your proven track record in relationship acquisition and business development within the Levant market. Use specific examples to demonstrate how you've successfully built new business and closed transactions.

Showcase Your Skills: Make sure to showcase your excellent relationship-building skills and your ability to thrive in a business development environment. Mention your IT skills, particularly in Excel and Word, as well as any language proficiencies that could be advantageous for the role.

Prepare for the Certification Regime: Be aware that this role is subject to the FCA and PRA Certification Regime. Prepare to discuss your honesty, integrity, and financial soundness during the interview process, as these will be key factors in your assessment for the role.

How to prepare for a job interview at Citi

✨Understand the UHNW Clientele

Familiarise yourself with the unique needs and expectations of Ultra High Net Worth clients. Research their typical investment behaviours and preferences, as well as the specific challenges they face in wealth management.

✨Demonstrate Relationship Building Skills

Prepare to discuss your past experiences in building and maintaining client relationships. Be ready to share specific examples of how you've successfully acquired new clients and nurtured existing ones.

✨Showcase Your Problem-Solving Abilities

Think of instances where you've developed tailored solutions for clients. Highlight your creativity and innovation in addressing complex financial needs, and be prepared to discuss how you approach risk management.

✨Be Ready for Compliance Questions

Since this role is subject to the FCA and PRA Certification Regime, brush up on compliance and regulatory requirements. Be prepared to discuss how you ensure integrity and trust in your dealings with clients.

Private Banking Specialist - Citi
Citi
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  • Private Banking Specialist - Citi

    London
    Full-Time
    43200 - 72000 £ / year (est.)

    Application deadline: 2027-07-11

  • C

    Citi

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