SVP, Investment Counselor - Citi Private Bank

CITI; New York (NY); On-site; USD 211,000 - 317,000; Full time

Job summary

An established industry player is seeking an experienced Investment Counselor to join their team in New York. This pivotal role involves managing and growing investment relationships with ultra-high net worth clients. The ideal candidate will have a strong background in investment advice and solutions, complemented by excellent communication and risk assessment skills. You will leverage your extensive experience to provide tailored investment strategies and foster new client relationships. Join a dynamic team dedicated to delivering exceptional service and innovative solutions in the financial sector, where your expertise will make a significant impact.

Benefits

Medical, Dental & Vision Coverage

401(k) Plan

Life, Accident, and Disability Insurance

Wellness Programs

Paid Time Off Packages

Qualifications

• 15+ years of experience in investment counseling and client management.
• CFA Charterholder required for registration in Canada.

Responsibilities

• Leverage existing client relationships to introduce new ultra-high net worth clients.
• Provide investment advice and solutions to deepen client relationships.

Skills

Investment Advice

Client Relationship Management

Risk Assessment

Market Analysis

Education

Bachelor's Degree

Master's Degree

MBA

Job description

Please note that this is a NYC-based role, supporting Citi Private Bank in Canada. This role requires registration for securities both in the U.S. and in Canada.

Investment Counselors joining Citi Private Bank will be distinguished and highly accomplished at establishing, growing and managing investment relationships with ultra-high net worth clients. They should be experienced in the implementation and oversight of investment solutions, and in providing advice and guidance on markets and actionable investment ideas. Appropriate candidates will possess the credibility to cultivate trusting relationships with existing ultra-high net worth clients of Citi Private Bank, and should be entrepreneurial and capable of bringing in new clients/investment relationships. Candidates for the position should be collaborative and team oriented, able to leverage a wide array of internal partners.

The Investment Counselor is a strategic professional who closely follows latest trends in own field and adapts them for application within own job and the business. Recognized subject matter expert within one area. Strong commercial awareness is a necessity. Is an acknowledged authority both within and outside area of expertise. Typically a small number of people within the business that provide the same level of expertise. Excellent communication skills required in order to negotiate internally, often at a senior level. Some external communication is typically required. Provides advanced judgment and conducts in-depth quantitative or qualitative analysis to solve problems and develop new, innovative solutions. Required to think beyond existing solutions, assumptions or current knowledge of sophisticated areas. Significant impact on a function and/or the business through making decisions that determine technical approaches and strategies for the area. Citi Private Bank's objective is to further enhance its ability to build relationships with, and service the investment needs of ultra-high net worth clients in the US and Canada.

Responsibilities:

• Leverage existing client relationships, local network and investment experience to introduce new ultra-high net worth clients to Citi Private Bank.
• Build and manage a successful practice centered on deepening relationships by providing potential and existing clients with appropriate investment advice and solutions.
• Combine in depth knowledge of traditional and alternative investments with wealth planning and private banking services to optimize client service and cross-marketing opportunities.
• Work across currencies, asset classes, markets and jurisdictions
• Engage and advise clients on brokerage activity and execute trades seamlessly.
• 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.

Qualifications:

• 15+ years of experience
• Extensive experience in providing investment advice and solutions.
• Role requires registration for securities both in the U.S. and in Canada
• CFA Charterholder: CFA designation required for registration in Canada
• U.S. FINRA licensing: S7, S66 (or 63 & 65) & S3 required; NOTE: Securities Industry Exam (SIE is a prerequisite to the S7)
• Advanced judgment and conducts in-depth analysis to solve problems and develop new, innovative solutions. Required to think beyond existing solutions, assumptions or current knowledge of sophisticated areas.

Education:

• Bachelor's/University degree, Master's degree preferred.
• MBA degree or other advanced degree a plus.

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Job Family Group:

Private Client Product Services

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Job Family:

Investment Counselor

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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:

$211,280.00 - $316,920.00

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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Anticipated Posting Close Date:

Apr 30, 2025

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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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