Private Banker - African Market

Citigroup Inc.; City Of London; On-site; GBP 80,000 - 120,000; Full time

Job summary

A leading financial services firm is seeking a Private Banker to provide personalized banking services to Ultra High Net Worth clients in the African market. The role emphasizes relationship management, tailored client solutions, and risk awareness. Candidates should have a proven track record in UHNW banking, excellent communication skills, and a strong network in Africa.

Qualifications

• Proven experience in UHNW Private Banking or institutional banking.
• Demonstrated track record in relationship acquisition.
• Proven success in building a new business and closing transactions.

Responsibilities

• Build client relationships and serve as trusted advisor.
• Develop tailored solutions for clients' needs.
• Execute and drive results to meet objectives.
• Promote integrity and trust with clients.

Skills

Fluent English

Excellent relationship building skills

Deep network in the African market

Strong IT skills including Excel and Word

Ability to multi-task and prioritize

Strong awareness of risk and compliance

Job description

Citi Private Bank is a trusted advisor to the world’s wealthiest, most influential individuals and families. 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.

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 serves 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 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 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.

Job Family Group: Private Client Coverage

Job Family: Private Banker

Time Type: Full time

Most Relevant Skills

Please see the requirements listed above.

Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to 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.