Head of Business Execution - Investment Solutions & CIO - C16

About Citi

Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. 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.

About Citi Wealth

Citi Wealth is focused on serving the needs of clients across the entire wealth spectrum. 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. Citi Wealth serves over 600,000 clients across its global footprint in Asia, Europe, Mexico, and North America. It delivers the full range of wealth products across investments, banking, lending, insurance, trust services and financial planning & advice. Citi Wealth propositions are delivered via tailored offerings across the Citigold, Citi Private Client, International Private Bank and Citi Private Bank brands.

Job Description: 

The Head of Business Execution – Investment Solutions & CIO, will report directly into the COO for Wealth, and matrix into the Investment Solutions and Chief Investment Officer (CIO) for Wealth.  It will form part of the COO and Investment Solutions/CIO leadership team.  Investment Solutions is comprised of our global investment product organization, which includes Citi Investment Management, Markets, Alternative Investments and Insurance.  The Office of the CIO is responsible providing leading global investment advice, content and lab capabilities across all segments and markets.

The role will drive the overall administrative activities of the Investment Solutions and CIO business.  The Business Execution Head coordinates and manages activities such as the tracking of business financials, employee headcount, audits, business continuity, regulatory issues and other administrative needs/ad hoc projects as necessary.  This role will manage team a small team of professionals.   They will also be responsible for end results, budgeting, planning, policy formulation and significant contribution to future strategy of the group. The role will reinforce and support management across the group function, with focus on fostering a culture of controls and accountability. 

Responsibilities:

• Execute against key priorities and strategy for the Investment Solutions and CIO business across multiple countries/jurisdictions
• Ensure strategic goals that guide future growth and development of the Bank are prioritized and translated into tactical business plans with mechanisms for key measurements in place to monitor progress
• When required, develops medium- to long-term plans and executes functional strategies requiring coordination and integration across units
• Lead business routines & program manage strategic initiatives
• Own resource allocation, productivity initiatives and realization of cost efficiency 
• Drive culture and people initiatives (e.g., VOE)
• Act as delegate for product head when required in certain meetings
• Create methodologies, procedures and governance of the Productivity Area to ensure expense targets are met by each business/function
• Oversee the design, enhancement, implementation, reporting, and oversight of budgets, financials, operations, human resources and compliance by way of systems, processes, workflows, procedures and the assessment of existing environments and anticipated changes
• Engage in cost management activities, such as validating spending and cost saving initiatives, monitoring savings initiatives and expenses, as well as monitoring consistency between financial information, productivity information and HR reports
• Identify opportunities to optimize costs, propose initiatives and lead creation of direct expense plans in partnership with internal functions and teams
• Monitor strict adherence to governance and ensure risks are addressed, setting high standards of professionalism across all functions
• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citi, its clients and a