We are currently seeking an Investment Counselor to join our team in London to cover the Israel Market. You will closely collaborate with our Private Bankers to provide investment services to Citi’s ultra-high new worth clients and family offices.
The role will involve advising clients on portfolios, asset allocation, capital markets solutions, money markets, and alternatives (inl. Private Equity and Hedge Funds). Citi Private Bank has an extensive, global investment product platform, and the Investment Counselor acts as the primary conduit to it.
This role is one done in very close partnership with the coverage team, of which it is a key part, as well as our trading, product, risk & compliance partners. The objective is to deliver agreed sales goals within the overall framework of the CPB business strategy and operating model.
Key Responsibilities:
- 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. These are defined as AUM of $25MM or more with Citi Private Bank.
- 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 supportive 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.
- 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 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 behaviour, conduct and business practices, and escalating, managing and reporting control issues with transparency.
Development Value:
Exposure to all areas of Citi Private Bank and Global Wealth Management business across Europe, and globally, with the opportunity to develop within these areas. Investment Counsellors demonstrating the necessary aptitude and commitment can expect to become senior producers or advance into team leader roles, or laterally to banking positions.
Skills:
- Ability to communicate effectively with co-workers and clients.
- Successful team player with ability to work individually under stress in possibly volatile market conditions.
- Possess high level of professionalism and strong personal integrity.
- High level of competence in Bloomberg, Microsoft Word, Excel and PowerPoint.
- Strong creative and interpersonal skills coupled with an entrepreneurial spirit and selling skills.
- Possesses a broad base of execution skills.
- Requires advanced judgment and conducts in-depth analysis to solve problems and develop new, innovative solutions.
Knowledge/Experience:
- Experience of the financial industry, preferably in a trading or advisory role.
- Investment, banking and either portfolio management or trading experience.
- Excellent relationship building skills, both with clients, and across hierarchical levels and other functions
- Ability to cope with ambiguity & change.
- Ability to challenge status quo and continuously optimize processes and tasks in own area of responsibility.
Qualifications:
- Postgraduate Degree Educated or equivalent preferred, however exceptional candidates with relevant experience will be considered.
- CFA or equivalent registration preferred.
- Will be expected to complete relevant regulatory qualifications.
Candidates applying for this role must be aware that it is a Certified Role, subject to the Certification Regime. The Certification Regime is one element of the Individual Accountability Regime which has come into effect on 7 March 2016. Under the Certification Regime, certain 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, certain 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, reference checks, credit checks and other background checks. If hired for this role, you will also be required to complete an annual declaration regarding your Fitness and Propriety.
By submitting your application, you acknowledge that you have read the information above and that you are applying for a Certified Role. You also agree to Citi carrying out any additional screening required, including permitted criminal record checks, reference checks, credit checks and any other background checks.
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Job Family Group:
Private Client Product Services-
Job Family:
Investment Counselor-
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.-
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