Private Banker - German Market

Position Overview

We are seeking a Private Banker specializing in the German market to join Citi Private Bank under the Citi Global Wealth division. This full-time position is based in Frankfurt, Germany, within Citibank Europe PLC. Citi Private Bank caters to ultra-high net worth (UHNW) individuals — clients possessing net assets above USD 25 million — offering them bespoke private and investment banking solutions designed to meet their unique financial needs and aspirations.

Key Duties and Responsibilities

• Establish and nurture profound client relationships through comprehensive understanding of their businesses and wealth sources, serving as a trusted advisor.
• Design customized solutions tailored to clients' investment, risk management, financing, and liquidity requirements.
• Set ambitious targets, monitor progress diligently, and adapt strategies to achieve business objectives.
• Support the team by mentoring colleagues to gain essential experience and credibility with clients and intermediaries.
• Develop and maintain strong collaborations with internal business partners, support functions, and staff to ensure effective controls, solutions, and issue resolution.
• Uphold integrity by clearly communicating risks associated with various investment approaches.

Knowledge and Experience

• Established track record in private banking for UHNW clients or in institutional/corporate banking focused on the German market.
• Demonstrated success in acquiring new client relationships and expanding business opportunities.
• Proven ability to build new business, prospect for clients, identify opportunities, and close deals successfully.
• Extensive experience in offering new products aligned with client needs.
• Experience collaborating effectively within multi-disciplinary teams and influencing diverse stakeholders.

Required Competencies and Skills

• Fluency in German, both written and spoken.
• Exceptional capability in building and sustaining relationships.
• Strong inclination towards business development roles.
• Proficient IT skills, including Microsoft Excel and Word.
• Innovative and creative problem-solving approach.
• Adept at handling multiple tasks simultaneously and prioritizing effectively.
• Heightened awareness of risk management and compliance standards.

Compliance and Regulatory Information

This role is classified as a "Controlled Function" under the Central Bank of Ireland Reform Act 2010 and related regulations, indicating compliance with CEP-Fitness and Probity regimes.

Additional Information

The salary range for this position is between €89,500 and €275,000 annually. Citi is committed to equal opportunity employment and encourages applications regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or other protected characteristics. Reasonable accommodations for persons with disabilities are available upon request.