Investment Solutions – Business Risk Fiduciary and Advisory Solutions - Director

Job Description

Citi’s Wealth business serves the needs of clients across the entire wealth spectrum. It has been created by combining the Wealth Management businesses across Citi Global Consumer Bank and Citi Private Bank. It serves over 500,000 clients through its global footprint in Asia, EMEA, Mexico, and North America.

Wealth delivers a wide range of products and services covering capital markets, managed investments, portfolio management, trust and estate planning, investment finance and banking. By building on the strengths and capabilities across Citi, we intend to transform the way we serve clients across the wealth spectrum, delivering the full range of high tech and high touch capabilities Citi can offer, and ultimately help them achieve their goals.

Investments Business Risk is responsible for managing a holistic and integrated approach to Business risks across the Investments team. The Business Risk Fiduciary and Advisory Solutions Director will help ensure a continuous improvement mindset and high levels of operating risk discipline including risk planning, operating routines, and broadly the identification of risks, assessing risks, and designing effective mitigation plans specifically for Citi’s Investment Advisory programs.

The Business Risk - Fiduciary and Advisory Solutions Director will be part of the Investment Solutions team within Citi Wealth. The Director is responsible for proactively enhancing our Investment Advisory Programs by continually evaluating our offering, investment products and Programs to both Citi Wealth Financial Advisors/Investors and ultimately to their clients. This role will report to the Head of Business Risk for Investment Solutions within Citi Wealth.

Responsibilities:

• Senior business leader who will lead and coordinate an integrated approach to manage, measure and mitigate operating risks across the Investment Advisory businesses.
• Design/evaluate/implement business routines ensure proactive assessment, discussion and action aligned with operating routines.
• Partner with risk and control professionals to ensure governance routines are effective and aligned with all aspects of risk and strategy.
• Supporting the Investment Solutions Leadership team and their specific organizations with assessment of operational, compliance and reputational risks and the design of effective controls to support business growth and expansion agenda.
• Lead quantitative and qualitative assessments of significance and likelihood of risks in key global investment processes around client suitability, transaction related controls and compliance with policies and applicable global/ local regulations.
• Take an end-to-end view to drive greater integration and simplification and automation of controls to accelerate the path to scale across Investment Solutions globally.
• Effectively partner with appropriate stakeholders to strengthen their ability to make data driven impactful decisions, policy / process improvements, and structure and operationalize controls.
• Proactively identify opportunities to improve risk management effectiveness and client experience, while identifying and developing plans to mitigate emerging risks and issues.
• Support the harmonization, enhancement, and greater integration of policies, standards, procedures, leading appropriate levels of alignment across investment advisory client segments/ product/ regions.
• Enable the redesign of Investment Advisory controls toward shared capabilities teams.
• Attract and retain top talent, building a strongly engaged team.
• Lead significant Investment control related regulatory interactions globally, including items related to Citi regulatory commitments with Investment Solutions impact.
• Drive robust data driven process to proactively prepare for on internal audit, risk / compliance reviews and regulatory exams in Investment Solutions, as needed.
• Significant Leadership Team interactions and Governance Committee presentations.
• Foster effective partnerships with internal Control Functions and external constituencies, including regulators, community and advocacy groups, and industry/trade associations.
• Lead significant Investment control related regulatory interactions globally, including items related to Citi regulatory commitments with Investment Solutions impact.
• Drive robust data driven process to proactively prepare for on internal audit, risk / compliance reviews and regulatory exams in Investment Solutions, as needed.
• Significant Leadership Team interactions and Governance Committee presentations.
• Foster effective partnerships with internal Control Functions and external constituencies, including regulators, community and advocacy groups, and industry/trade associations.
• Maintain processes for appropriate management and escalation of issues

Qualifications:

• Bachelor's degree required. Relevant advanced qualifications (e.g., MBA, CFA) preferred.
• 15+ years of leadership experience in large global financial firms.
• Deep global risk assessment and mitigation leadership experience across financial services
• Core understanding of US regulations including (ex:SRO/ FINRA requirements, Investment Advisors Act, Regulation Best Interest, Reg 9/ Fiduciary requirements, Federal and state insurance regulations)
• Proven ability to demonstrate a growth mindset and achieve results in challenging situations.
• Track record of operating successfully in a complex and highly regulated business environment.
• Demonstrated ability to drive customer journey improvements with enhanced controls.
• Experience driving results through influence / thought leadership and a structured approach across cross functional teams.
• Knowledge of best practices in Operational Risk, Compliance, Credit and Financial Operations.
• Advanced analytical ability, asks insightful questions, break analytical challenges into workable components and draws meaningful conclusions. Well versed in breaking down complex matters into core issues and root causes that can be more readily addressed.
• Consistently reads different situations accurately and takes appropriate action to gain senior client commitment.
• FINRA licenses: 7,66 (or 63&65)

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Job Family Group:

Risk Management

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Job Family:

Operational Risk

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Time Type:

Full time

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Primary Location:

New York New York United States

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Primary Location Full Time Salary Range:

$170,000.00 - $300,000.00

In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.

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Most Relevant Skills

Analytical Thinking, Constructive Debate, Controls Design, Escalation Management, Issue Management, Operational Risk, Policy and Procedure, Policy and Regulation, Risk Controls and Monitors, Risk Identification and Assessment.

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Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

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Anticipated Posting Close Date:

Jul 02, 2025

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Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.

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