Head of Wealth Management - Citi

Head of Wealth Management - Citi

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

  • Tasks: Lead a dynamic team to deliver innovative lending solutions for high-net-worth clients.
  • Company: Join Citi, a global leader in wealth management and financial services.
  • Benefits: Enjoy competitive pay, remote work options, and a vibrant company culture.
  • Why this job: Be part of a collaborative environment that values creativity and excellence in client service.
  • Qualifications: 15+ years in UHNW lending with strong leadership and analytical skills required.
  • Other info: This role is certified under FCA and PRA regulations, ensuring high standards of integrity.

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

Citi Global Wealth - Lending Advisory Head for UK, Europe, MEA. Citi Wealth Lending provides competitive borrowing solutions that are strategically integrated into our client's broader Wealth Management goals. Our Lending Advisors partner with Citi Private Bankers and Wealth at Work Bankers to advise clients on new loan and refinancing opportunities along with restructuring existing loans as part of clients overall capital management. We have Lending representation across 8 countries to provide seamless coverage to our Global clients.

Responsibilities include:

  • Lead the EMEA Lending Advisor Team in establishing and executing the expansion strategy across the region to deliver creative solutions to clients as part of the Global Lending Strategy.
  • Curate a high performing team culture through coaching, mentoring and hiring team members.
  • Cross jurisdictional collaboration with colleagues across the US and Asia to ensure a seamless global delivery of solutions.
  • Establish a reputation of execution and excellence externally with clients and internally with partners.
  • Create a strong partnership with the Citi Private Bank ("CPB") Market Executives and Banker teams to proactively identify lending opportunities with their clients and prospects through account planning and engagement.
  • Join client and prospect meetings with Bankers to raise awareness of the solutions that are available.
  • Advise clients and advisors on lending solutions and drive a culture of excellence in execution in the region.
  • Understand and articulate the market specific products, competitive environment, platform gaps, challenges, and opportunities.
  • Act as the initial subject matter expert and first line of control for internal and client inquiries on lending products.
  • Provide regional governance and oversight for the Regional Lending business and chair relevant regional lending governance forums that bring together all stakeholders in the region to ensure the lending business is conducted in line with policies and procedures.
  • Build and maintain a strong pipeline of lending opportunities to grow the EMEA portfolio as part of the wider Citi Wealth lending growth aspirations.
  • Ensuring effective and consistent compliance to control standards.
  • Member of the Wealth Lending Leadership team and Wealth EMEA CPB Region Leadership Team.

This role is registered with the Financial Conduct Authority as follows: Citibank Europe plc: Significant Management (FCA CF); Manager of Certification Employees (FCA- CF); Material Risk taker (FCA CF); Significant Risk Taker or Material Risk Taker (PRA CF) Citibank NA: Significant Management (FCA CF); Manager of Certification Employees (FCA- CF); Material Risk taker (FCA CF); Significant Risk Taker or Material Risk Taker (PRA CF).

Qualifications:

  • 15+ years of UHNW lending experience in client facing and risk related roles in a global firm.
  • Experience leading a high performing lending team and a desire to drive growth.
  • Strong knowledge of financial markets, investments, banking and loan products.
  • Ability to advise clients on optimal loan structure and think creatively in delivering market leading solutions.
  • Experience with assessing and structuring loans secured by a variety of asset classes including complex marketable securities loans and less liquid financial assets, commercial real estate to more bespoke personal assets such as aviation, fine art and collectibles.
  • Excellent communication (written and verbal) and interpersonal skills.
  • Detail orientation with strong analytical skills.
  • Ability to work under pressure and deliver within tight deadlines to drive execution for clients.
  • Strong negotiation skills.
  • Strong initiative and interactive approach to problem solving.
  • Displays flexibility and independence in a demanding environment.
  • Completion of formal credit training program preferred.
  • Bachelor's degree / University degree required (or equivalent experience).

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.

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.

Head of Wealth Management - Citi employer: Jobs via eFinancialCareers

Citi is an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation within the wealth management sector. With a strong emphasis on employee growth, our team members benefit from extensive coaching and mentoring opportunities, as well as the chance to engage with global colleagues across diverse markets. Located in the heart of the UK, Citi provides a unique environment where talented professionals can thrive, driving impactful solutions for clients while enjoying a commitment to diversity and inclusion.
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Contact Detail:

Jobs via eFinancialCareers Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Head of Wealth Management - Citi

✨Tip Number 1

Network with professionals in the wealth management sector, especially those who have experience in lending. Attend industry events or webinars where you can meet potential colleagues or mentors who can provide insights into Citi's culture and expectations.

✨Tip Number 2

Familiarise yourself with Citi's specific lending products and strategies. Understanding their unique offerings will not only help you in interviews but also demonstrate your genuine interest in the role and the company.

✨Tip Number 3

Prepare to discuss your leadership style and how you've successfully built high-performing teams in the past. Be ready to share specific examples that highlight your coaching and mentoring abilities, as these are crucial for the Head of Wealth Management role.

✨Tip Number 4

Stay updated on current trends in the financial markets and lending landscape. Being knowledgeable about recent developments will allow you to engage in meaningful conversations during interviews and showcase your analytical skills.

We think you need these skills to ace Head of Wealth Management - Citi

Leadership Skills
Client Relationship Management
Strategic Planning
Financial Market Knowledge
Loan Structuring Expertise
Risk Assessment
Analytical Skills
Negotiation Skills
Interpersonal Skills
Team Building and Mentoring
Cross-Jurisdictional Collaboration
Compliance Knowledge
Problem-Solving Skills
Attention to Detail
Ability to Work Under Pressure

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your 15+ years of UHNW lending experience and leadership in high-performing teams. Use specific examples that demonstrate your ability to drive growth and deliver creative solutions.

Craft a Compelling Cover Letter: In your cover letter, emphasise your strong knowledge of financial markets and your experience with complex loan structures. Mention how you can contribute to Citi's goals and the importance of collaboration across jurisdictions.

Showcase Relevant Skills: Highlight your excellent communication skills, detail orientation, and analytical abilities. Provide examples of how you've successfully negotiated and structured loans in previous roles.

Understand the Role Requirements: Familiarise yourself with the specifics of the Certified Role and the Fit and Proper requirements. Be prepared to discuss how your background aligns with these criteria during the application process.

How to prepare for a job interview at Jobs via eFinancialCareers

✨Showcase Your Leadership Skills

As the Head of Wealth Management, you'll need to demonstrate your ability to lead a high-performing team. Prepare examples of how you've successfully coached and mentored team members in the past, and be ready to discuss your approach to building a strong team culture.

✨Understand the Market Landscape

Familiarise yourself with the current financial markets, investment trends, and lending products relevant to the role. Be prepared to discuss how you would navigate the competitive environment and identify opportunities for growth within the EMEA region.

✨Demonstrate Client-Centric Thinking

Citi values a client-first approach. Think about how you can articulate your experience in advising clients on optimal loan structures and delivering tailored solutions. Prepare to share specific instances where you've successfully met client needs.

✨Prepare for Regulatory Discussions

Given the regulatory nature of the role, brush up on the FCA and PRA Certification Regime. Be ready to discuss how you ensure compliance and manage risk within your teams, as well as your understanding of the importance of maintaining integrity and reputation in financial services.

Head of Wealth Management - Citi
Jobs via eFinancialCareers
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