Managing Director, Investment Counselor, Beverly Hills

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.

About the role

The Investment Counselor Principal is a strategic professional who closely follows the latest trends in the field and adapts them for application within the job and the business. Recognized as a subject matter expert, this role requires strong commercial awareness and is an acknowledged authority both within and outside their area of expertise. Excellent communication skills are required to negotiate internally, often at a senior level, with some external communication typically required. This role provides advanced judgment and conducts in-depth quantitative or qualitative analysis to solve problems and develop new, innovative solutions, thinking beyond existing solutions, assumptions, or current knowledge of sophisticated areas. Decisions made in this role significantly impact a function and/or the business by determining technical approaches and strategies.

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 making business decisions, 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, and escalating, managing, and reporting control issues with transparency.

Requirements

• 15+ years of experience in providing investment advice and solutions.
• Extensive experience in the implementation and oversight of investment solutions, and in providing advice and guidance on markets and actionable investment ideas.
• Credibility to cultivate trusting relationships with existing ultra-high net worth clients of Citi Private Bank.
• Entrepreneurial and capable of bringing in new clients/investment relationships.
• Collaborative and team-oriented, able to leverage a wide array of internal partners.
• Requires advanced judgment and conducts in-depth analysis to solve problems and develop new, innovative solutions.
• Must think beyond existing solutions, assumptions, or current knowledge of sophisticated areas.
• US Only: S7, S66 (or 63 & 65) & S31; Securities Industry Exam (SIE is a prerequisite to the S7).

Qualifications

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

Benefits

• Medical, dental, and vision coverage.
• 401(k) plan.
• Life, accident, and disability insurance.
• Wellness programs.
• Paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays.
• Discretionary and formulaic incentive and retention awards for eligible employees.

Pay

Full-time salary range: $250,000.00 - $500,000.00.

Schedule

Full time.

Primary location: Beverly Hills, California, United States.