Private Banker - African Market

11037 Citibank, N.A. United Kingdom; Greater London; On-site; GBP 80,000 - 120,000; Full time

Job summary

A leading financial institution is seeking a Private Banker to develop and deliver bespoke banking services to Ultra High Net Worth clients within the African market. The ideal candidate will have proven experience in Private Banking, excellent relationship-building skills, and a deep network in the African market. You will be responsible for client relationship management, developing tailored investment solutions, and achieving challenging goals in a dynamic environment.

Qualifications

• Proven experience in UHNW Private Banking or corporate banking market, specifically for the African market.
• Demonstrated track record in relationship acquisition.
• Proven success in building a new business and closing transactions.
• Extensive experience in selling new products based on client needs.

Responsibilities

• Build client relationships and serve as a trusted advisor.
• Develop tailored solutions addressing clients' investment and financing needs.
• Set challenging goals and monitor progress.
• Help team members gain credibility with clients.

Skills

Fluent English

Excellent relationship building skills

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

Job description

Citi Private Bank is a trusted advisor to the world’s wealthiest, most influential individualsandfamilies. 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 check

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.