Trust Investment Officer

Citibank - More jobs by this advertiser
Trust Investment Officer-19033672

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 Mission and Value Proposition  explains what we do and Citi Leadership Standardsexplain 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.

Description of the Position

Under the supervision of the head of Investment Management Oversight for Citi Trust NAM, the Investment Officer will help oversee the investment processes for trust accounts and help manage investment risk.  This is an investments risk management role, and is not a portfolio manager or investment advisor role.  The responsibilities of the position may include the following:

    • Prepare various monthly and quarterly reports for management and board of directors (concentrations, capital markets products, affiliated securities, high cash positions, non-researched managers and funds, alerts and violations) and resolve risk items

    • Enter/review/approve mutual fund and ETF trade orders

  • Monitor and research daily asset allocation and restriction alerts to ensure that violations are resolved

  • Prepare a variety of business and operational reports for committees, including maintaining grid of report deliverables, scheduling committee meetings and participants, preparing meeting minutes, and maintaining files

  • Maintain monthly group calendar, handle payment of expenses

  • Gather materials needed to respond to requests from the OCC, Internal Audit, and internal partners (Compliance, Investment Products Risk, Operations, etc.)

  • Participate in various projects with the goal of creating efficiencies while automating manual processes and procedures

    • Perform investment manager due diligence, performance review and attribution, and ongoing account monitoring

    • Research and respond to inquiries from trust officers and investment counselors on investment-related matters

    • Additional responsibilities may include approving proposed investment changes consistent with Citi Private Bank investment guidelines, and conducting annual “Reg. 9” account reviews to ensure that account investments are appropriate

  • Bachelor’s Degree required
  • 3-5 years of experience in the financial services industry.  Knowledge of trust/fiduciary management or experience in Risk, Internal Audit or Compliance a plus.
  • Strong knowledge of financial markets and investment vehicles, including experience processing securities transactions.
  • Demonstrated ability to work independently, multi-task, and use sound reasoning and judgment.
  • Strong written and verbal communication skills.
  • Proven presentation, organizational and problem-solving skills, high level of attention to detail.
  • Knowledge of Fi-Tek, Charles River and Pershing/Lockwood preferred but not required.

  • Excellent PC skills, including knowledge of Microsoft Office Applications.  High degree of proficiency in Microsoft Excel is necessary.

  • No travel required.

  EEO Statement: Citi is an equal opportunity and affirmative action employer. Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity  Pay Transparency: Citi won’t discriminate against anyone for discussing pay, but those with access to pay data in their work can’t disclose it unless responding to complaints/investigations or legal requirements.

22 September 2019
Location: United States New Jersey Jersey City
Work type:
Full time
Banking and Financial Services
PLEASE! No enquiries from Recruitment Agencies or Headhunters.

Only direct applications will be considered.

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