Private Banker - African Market

Citi Private Bank is renowned for its role as a trusted advisor to the world's wealthiest and most influential individuals and families. This esteemed institution offers its clients, much like its government, institutional, and multinational corporate clientele, bespoke services and unparalleled access to innovative ideas and solutions meticulously tailored to their unique aspirations and needs. Among its discerning clientele are a significant portion of the world's billionaires, many of whom are globally-minded entrepreneurs who value and expect an institutional level of service. They leverage Citi's comprehensive, holistic approach to wealth management.

This specific opportunity is for a Private Banker tasked with developing and delivering private and investment banking services to Ultra High Net Worth (UHNW) clients specifically within the African market. UHNW is clearly defined for this role, encompassing clients with a Net Worth of USD 25+ million, Assets Under Management (AUM) of USD 10+ million, or generating USD 100,000+ in Client Net Revenue.

Key Advantages for Candidates:

• Global Impact & Prestige: Engage with a highly sophisticated clientele and contribute to the wealth management strategies of some of the world's most influential individuals. This role offers the opportunity to work with a prestigious global brand at the forefront of private banking.
• Market Specialization: Focus on the dynamic and growing African market, allowing for deep expertise development and the cultivation of a significant personal network within this region.
• Holistic Wealth Management: Be part of a firm that embraces a holistic approach, enabling you to offer comprehensive solutions that go beyond traditional investments, addressing the full spectrum of a client's financial life.
• Career Growth & Development: The emphasis on teamwork and helping team members acquire experience suggests a supportive environment conducive to professional growth. The role also requires continuous learning and adaptation, which are crucial for career advancement in this field.
• Entrepreneurial Opportunity: For individuals who thrive on business development and relationship acquisition, this role provides a significant platform to build and grow a substantial client portfolio.

Key Considerations for Candidates:

• UHNW Client Focus: The role demands a deep understanding of the unique needs, businesses, and wealth generation sources of Ultra High Net Worth individuals. This requires significant experience and a sophisticated approach to client service.
• African Market Expertise: Proven experience and a robust network within the African market are essential. Candidates must be able to demonstrate a strong track record in this specific region.
• Business Development Acumen: Success in this role hinges on the ability to acquire new clients, identify business opportunities, and close transactions. A proactive and results-oriented mindset is paramount.
• Relationship Management & Collaboration: Building and maintaining strong relationships, not only with clients but also with internal business partners and support functions, is critical for delivering integrated solutions and resolving issues effectively.
• Risk and Compliance Awareness: A strong understanding and ability to communicate the risks associated with various investment strategies are vital. Adherence to regulatory requirements is non-negotiable.
• Certified Role Requirements: Candidates should be aware that this is a Certified Role, subject to the FCA and PRA Certification Regime. This involves rigorous assessment of fitness and propriety, including honesty, integrity, reputation, financial soundness, competence, and capability, assessed through interviews, background checks, and other screening processes.

This is a compelling opportunity for ambitious and experienced Private Bankers looking to make a significant impact within a leading global financial institution. The role offers a chance to specialize in a high-growth market, build deep client relationships, and contribute to sophisticated wealth management strategies. Candidates who are strategic thinkers, adept at business development, and possess a strong understanding of the African UHNW landscape will find this position particularly rewarding for their career trajectory.