Job Background/context:
Citi Private Bank is a trusted advisor to the world’s wealthiest, most influential individuals and families. Like Citi’s government, institutional and multinational corporate clients, Citi Private Bank clients receive bespoke service and access to the best ideas and solutions tailored to their unique needs and aspirations. A part of Citi’s Institutional Clients Group, Citi Private Bank offers a wide range of products and services covering capital markets, managed investments, portfolio management, trust and estate planning, investment finance and banking. Among its select clients are a third of the world’s billionaires, many of whom are globally minded entrepreneurs with an expectation of an institutional level of service, who take advantage of Citi’s holistic approach to wealth management.
Citi Private Bank is represented by more than 1,000 private bankers, investment professionals and product specialists across a network of 90 offices in 33 countries and over 128 currencies worldwide, making it the most global private bank.
Job Purpose:
Responsible for supporting the CPB Switzerland Investment Centre Head in the safeguarding and promotion of a balanced and effective business and working environment for the Private Bank in Switzerland.
Key Responsibilities
Governance
* Act as delegate for the ICH in certain forums and for certain authorities;
* Researching and drafting material for ICH to present to CPB local and regional management as well as to country governance forums in Switzerland;
* Development of an Investment Centre Head Risk & Control ‘Dashboard’ drawing on MIS available in various forums and systems;
* Corrective Actions (CAPs) – develop a process, to include a tracking tool, to monitor all open CAPs and to ensure key milestones are met as well as the intended target date
Outsourcing
* Support the design and effectiveness of reporting and supervision of key areas of outsourcing and support the Investment Centre Head and CPB Front Office Switzerland Outsourcing owners in preparation for governance meetings;
IAMs & TPAs
* Pro-active role in the redesign of the Independent Asset Manager and Third-Party Agent Policies and Procedures, including a complete review of the end-to-end processes
* Develop Banker team education and be the focal point of contact for question arising
CPB Switzerland MCA Entity Rating
* Support the Investment Centre Head in the tracking and execution of all required actions to meet a sufficient assurance rating (or higher) on a sustainable basis
International Tax Agenda
* Manage MIS, updates and presentations on matters relating to International Tax transparency and the automatic exchange of information. Key is to remain abreast of local and international developments on this subject and to provide timely updates to senior management;
Other Responsibilities
* Supporting Business Risk & Control in certain key aspects of their duties – in particular supporting the analysis of allocation of responsibilities between Business Risk & Control, Supervisory Principles and Business Managers; the work to also include considerations of how required management reporting on key risks and tracking documents/deficiency reports could be automated and streamlined;
* Support CPB Switzerland Business Services Heads in the design and effectiveness of MCA in their areas of supervision;
* Co-ordination of Continuity of Business (‘COB’) for CPB Switzerland Front Office, as well as the key business interface for Crisis Management planning
* Conduct process reviews and challenge the process owners on the design and effectiveness of controls as well as ongoing reviews of the Manager Control Assessment (‘MCA’) and whether key operational risks are recorded and monitoring methodologies employed remain appropriate;
* Support CPB Switzerland in preparation for internal audit or external exams;
* Support the drive and engagement in Team Challenge from a CPB Switzerland perspective;
* Support Business and Product in the review of the standards of written procedures.
Development Value:
* Exposure to one of the leading Private Banks in Europe and an opportunity to gain insights and experience of both business processes/practices as well as a full spectrum of private wealth services;
* Engagement with local and regional seniors;
* Insights into current and future industry issues and strategies.
Knowledge/Experience:
* Process Re-engineering experience
* Some experience of international tax matters would be an advantage
* Excel & Powerpoint experience
Skills:
* Analytical Skills
* Presentation Skills
* Good communication skills
* Ability to communicate at all levels within an organisation
* Creativity & initiative
Qualifications:
* First degree level education essential
* Exceptional candidates who do not meet this criterion may be considered for the role provided they have the necessary skills and experience.
Competencies:
* Strong execution & attention to detail
* Influencing & stakeholder management
* Self-starter
* Problem Solving
**Job:** **Project Management**
**Title:** **Business Change Manager**
**Location:** **CHE-GE-Geneva**
**Requisition ID:** **15009775*