Head of Wealth Technology Platform

Citi • Jersey City, NJ

56d

About The Position

About Citi: Citi is a leading global financial services company that 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. At Citi, we believe in the power of ingenuity and collaboration. We are looking for talented and passionate individuals to join our team and help us shape the future of financial services. Job Description: 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. Key Objectives: Lead the transformation of Citi's Wealth Technology Stack into a single, unified platform. Drive the adoption of modern technologies and architectures, including containerization and public cloud. Enable the delivery of a new, dedicated Citi Wealth application. Streamline account management and cash management processes. Enhance client segmentation and tiering capabilities. Implement agile development methodologies and foster a culture of innovation. Ensure the platform meets the highest standards of security, reliability, and performance.

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.

Nice To Haves

• Master's degree preferred.

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: Executive
• Number of Employees: 5,001-10,000 employees