Citi Ventures Enterprise Digital Assets Business Development VP

Citi; New York (NY); On-site; USD 142,000 - 214,000; Full time

Job summary

A leading financial services company is seeking a Business Development Manager. This role encompasses driving client service and business strategies while leading a professional team. With a focus on enhancing customer relationships, you will be responsible for developing strategic initiatives and ensuring compliance with regulations. The ideal candidate will possess strong leadership, project management, and communication skills, with relevant experience in financial products and services.

Benefits

Medical, dental & vision coverage

401(k) plan

Life, accident, and disability insurance

Wellness programs

Paid time off packages including vacation and sick leave

Qualifications

• 6-10 years of experience in related fields.
• Excellent client relationship and communication skills are required.
• Developed leadership and project management skills.

Responsibilities

• Manage client relationships and drive business development.
• Collaborate with Private Bankers and other teams to meet client needs.
• Conduct planning, budgeting, and policy formulation.

Skills

Leadership skills

Client skills

Project management

Relationship building skills

Communication skills

Education

Bachelor's degree

Master's degree (preferred)

Job description

The Business Development Manager accomplishes results through the management of professional team(s) and department(s). Integrates subject matter and industry expertise within a defined area. Contributes to standards around which others will operate. Requires in-depth understanding of how areas collectively integrate within the sub-function as well as coordinate and contribute to the objectives of the entire function. Requires basic commercial awareness. Developed communication and diplomacy skills are required in order to guide, influence and convince others, in particular colleagues in other areas and occasional external customers. Has responsibility for volume, quality, timeliness and delivery of end results of an area. May have responsibility for planning, budgeting and policy formulation within area of expertise. Involved in short-term planning resource planning. Full management responsibility of a team, which may include management of people, budget and planning, to include duties such as performance evaluation, compensation, hiring, disciplinary and terminations and may include budget approval.

Responsibilities:

• Partners with senior bankers and team leaders to provide excellent client service and prospecting support.
• Work closely with clients respectively prospects and Private Bankers as well as all product partners, to provide a high level of sales and product experience and support the banker in all aspects of marketing, prospecting, presentation preparations, reporting and regulatory requirements.
• Help bankers research potential target market clients and working with the banker and business development team on strategies to convert these prospects into clients.
• Work in partnership with the Private Banker team to address the financial needs and expectations of the client
• Exceed client expectations by thoroughly understanding problems and providing creative solutions.
• Maintain close contact with clients in conjunction with the Private Bankers.
• Provide direct and indirect sales support to the Private Bankers through joint calls and work closely with product specialists to implement client decisions as well as ensuring after-sales follow-up
• Partner with Private Bankers to develop comprehensive understanding of client needs and to assist the Private Bankers in formulating and executing specific account strategies, proposing solutions and negotiating standard transactions
• Provide innovative support in marketing strategies
• Assist the Private Bankers in executing sales strategies for formulating strategies if required.
• Work with specialists and support team in conjunction with Private Banker to implement client decisions
• Participate in client meetings and account reviews to understand the clients requirements if needed.
• Prepare client pitches and assist in portfolio reviews
• Pro-actively work on Prospecting in coordination with Bankers and Product partners.
• Projects for the GMM/Team leader as required
• Internal
• Work with client and Private Banker, On-boarding team, Associate Banker and Client Services team to facilitate account opening and completion of the mandatory documentation especially in KYC and AML
• Assist in Client Relationship Management e.g. updating the pipeline, logging call reports
• Ensure compliance with all legal and regulatory requirements in line with the policies of the CITI PRIVATE BANK
• Monitor and adapt to changes in business processes and policies
• Leadership and management of the Business Development Team
• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.

Qualifications:

• 6-10 years of experience
• Leadership skills, strong client skills, project management, relationship building skills, proactive, team working and collaborative
• Solid knowledge of bank products and regulatory requirements are required.as well as excellent contact and communication skills.

Education:

• Bachelor's/University degree, Master's degree preferred

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Job Family Group:

Private Client Coverage

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Job Family:

Private Client Business Development

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Time Type:

Full time

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Primary Location:

New York New York United States

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Primary Location Full Time Salary Range:

$142,320.00 - $213,480.00

In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.

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Most Relevant Skills

Please see the requirements listed above.

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Other Relevant Skills

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

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Anticipated Posting Close Date:

Jun 13, 2025

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