2 days old
2018-01-182018-02-17

Wealth Planner

Citigroup
New York, NY
  • Job Code
    6304954" data-google-job-id="" data-apply-click-url="/job/ApplyClick
Wealth Planner at CITI

Career Opportunity

Wealth Planner

  • Primary Location: United States,New York,New York
  • Education: Doctorate Degree
  • Job Function: Private Client Coverage
  • Schedule: Full-time
  • Shift: Day Job
  • Employee Status: Regular
  • Travel Time: Yes, 10 % of the Time
  • Job ID: 17079079

Description


About Citi
Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Our core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of our clients.
Citi’s explains what we do and explain how we do it. Our mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. We strive to earn and maintain our clients’ and the public’s trust by constantly adhering to the highest ethical standards and making a positive impact on the communities we serve. Our Leadership Standards is a common set of skills and expected behaviors that illustrate how our employees should work every day to be successful and strengthens our ability to execute against our strategic priorities.
Diversity is a key business imperative and a source of strength at Citi. We serve clients from every walk of life, every background and every origin. Our goal is to have our workforce reflect this same diversity at all levels. Citi has made it a priority to foster a culture where the best people want to work, where individuals are promoted based on merit, where we value and demand respect for others and where opportunities to develop to are widely available to all.

Brief Description of the Organization

CBNA is the primary legal entity for Citi, providing products and services to consumers, financial institutions and corporate clients around the world.  In the past, Citi has provided most of its internal reporting on a business by business basis.  With the changes in the regulatory environment, strong legal entity reporting and governance has become essential.  This team is responsible for ensuring that CBNA has the appropriate governance and control infrastructure to meet the demand for legal entity planning, execution, information management and the ever-evolving regulatory environment.
The Citi Trust (CT) Wealth Planner partners closely with Private Bankers and other Citi Private Bank (CPB) team members to increase CT revenue by identifying and closing both current and future trust, estate, and insurance opportunities with existing CPB clients and prospects.
A key focus of the role is to develop, deliver and implement customized wealth plans, which include proactive estate planning solutions based upon each client/prospect's individual circumstances. Additionally, the Wealth Planner acts as the sponsor of new business to CT after assessing the suitability of the business for CT and considering fiduciary, legal, and regulatory risk, expected client service levels, administration feasibility, and profitability.
Essential Duties & Responsibilities
Demonstrates technical expertise and ability to provide guidance on wealth planning matters, including:
  • Estate, gift and income tax planning
  • Transition event planning
  • Business succession issues
  • Charitable planning and vehicles
  • Insurance planning
  • Possesses a strong ability to market and close CT new business opportunities.
  • Works closely as part of a private banking team to bring customized planning solutions to clients and prospects.
  • Focuses on enhancing CT's overall Wealth Planning practice by sharing best practices and technical information; researching; aiding the development of marketing materials, and writing technical pieces for internal and external distribution.
  • Cultivates relationships with professional contacts, such as attorneys and CPAs, resulting in additional business opportunities.

  • Qualifications


    Education
    • J.D. degree required

    Knowledge/Abilities

    • A minimum of eight years of trust and estate industry experience required.
    • Strong knowledge and proven technical proficiency in the investment, legal, and tax issues relative to trust and estate field.
    • Proven strong communication skills to interact effectively with current and potential clients and their advisors.
    • Proven presentation skills. Self-starter with creative problem solving skills.
    • Competence in working through complex organizations to solve problems and deliver client satisfaction 

  • Categories

    • Financial Services

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    Wealth Planner

    Citigroup
    New York, NY

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    Citigroup
    New York, NY

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