Head of Wealth Technology Platform

Citi • Jersey City, NJ

60d

About The Position

The Head of Wealth Technology Platform is a senior technology leadership role reporting directly to the Head of Wealth Technology. This critical position will lead the transformation of Citi's Wealth Technology Stack into a single, unified platform, driving innovation, efficiency, and a superior client experience. The ideal candidate will be a strategic thinker with a proven track record of leading large-scale technology transformations in the financial services industry.

Requirements

• +15 years of experience in technology leadership roles, with a focus on wealth management or financial services.
• Proven track record of leading large-scale technology transformations.
• Deep understanding of wealth management technologies and business processes.
• Experience with agile development methodologies.
• Experience with cloud technologies (AWS, Azure, GCP).
• Strong understanding of technology architecture principles.
• Exceptional leadership and communication skills.
• Strong strategic thinking and problem-solving abilities.
• Ability to influence and build consensus across diverse stakeholders.
• Ability to thrive in a fast-paced, dynamic environment.
• Passion for innovation and continuous improvement.

Responsibilities

• Platform Strategy and Vision: Define and articulate a clear vision and strategy for the Wealth Technology Platform, aligned with the overall business objectives of Citi Wealth Management.
• Transformation Leadership: Lead the end-to-end transformation of the Wealth Technology Stack, overseeing all aspects of the platform build, migration, and ongoing maintenance.
• Technology Architecture: Drive the adoption of modern technology architectures, including containerization, public cloud, and microservices. Ensure the platform is scalable, resilient, and cost-effective.
• Agile Transformation: Lead the agile transformation of the development organization, establishing dedicated squads with product owners and enabling iterative development and streamlined decision-making.
• Stakeholder Management: Collaborate closely with business leaders, product managers, and other stakeholders to ensure the platform meets their needs and expectations.
• Vendor Management: Manage relationships with key technology vendors, ensuring they deliver high-quality products and services. Abstract the choice of vendors as a key platform principle.
• Budget Management: Develop and manage the platform budget, ensuring resources are allocated effectively and efficiently.
• Risk Management: Identify and mitigate technology risks, ensuring the platform meets all regulatory requirements.
• Team Leadership: Build and lead a high-performing team of technology professionals, fostering a culture of innovation, collaboration, and continuous improvement.
• Ensure compliance with restricted technology guidelines: The new stack must limit any prohibited and restricted technologies
• Wealth Intra-day Bookkeeping: Accountable for wealth intra-day bookkeeping processes: journals, tax lots, positions, balances, clients, accounts
• Migration Strategy: Oversee the phased rollout of the new stack, initially targeting new-to-bank CPB NAM clients, with bulk migration of existing clients occurring incrementally by region and segment after the platform stabilizes.
• Environment Strategy: Establish and maintain enhanced testing environments, including 2 UAT and 1 Performance testing environment, to mitigate current test environment challenges and enable Agile execution. Drive testing automation to bring in cost efficiencies and faster turnaround time.

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees