Head of Art Advisory, Citi Private Bank
Citigroup
Lead Citi Private Bank's global Art Advisory business, established in 1979 as one of the first art advisory services. For nearly 50 years, this unique service has provided comprehensive art collecting guidance to ultra-high-net-worth clients across the world. Through a range of customizable service offerings, Art Advisory delivers to clients strategic guidance for building and maintaining significant art collections, expert collection management, and market intelligence.
The business serves a sophisticated international client base currently across North America and EMEA, with significant growth opportunities across all regions. As Head of Art Advisory, direct a team of specialists while collaborating across the bank's global platform to drive business growth, ensure service excellence, and deepen client relationships.
As the business' chief spokesperson, this role requires exceptional relationship-building abilities, executive presence, and the ability to translate complex art market dynamics for diverse audiences.
The Art Advisory business is a regulated fiduciary, subject to OCC (Office of the Comptroller of the Currency) Regulation 9 oversight, requiring strict adherence to regulatory requirements and fiduciary standards.
Key Responsibilities:
Business Leadership & Strategy:
+ Drive business growth through strategic planning
+ Develop and execute strategic initiatives to expand market presence
+ Manage and expand client relationships across service offerings
+ Project and achieve annual revenue targets
+ Manage department budget and revenue
+ Identify and capitalize on market opportunities
Fiduciary & Risk Management:
+ Chair Art Advisory Investment Review Committee (AAIRC) for fiduciary oversight
+ Ensure adherence to OCC Regulation 9 requirements and fiduciary standards
+ Maintain and enhance fiduciary governance framework
+ Oversee anti-money laundering and sanctions risk processes for art vendors
+ Review and approve all client agreements and fee structures
+ Coordinate with Legal and Compliance on regulatory matters
Matrix Leadership & Collaboration:
+ Orchestrate relationships across Citi's global organization including banking, marketing, lending, risk/controls, operations, technology, and legal teams
+ Build consensus among senior stakeholders for business initiatives
+ Partner with private bankers to support comprehensive client relationships
+ Lead cross-functional projects requiring multiple expertise and departments
Management & Development:
+ Lead and mentor a team of art specialists, ensuring excellence in client service
+ Build and maintain high-performing team through recruitment, development, and retention strategies
+ Manage performance reviews, goal setting, and career development planning
+ Coordinate team workload and project assignments across global client base
+ Foster collaborative culture aligned with Citi's values and standards
+ Guide team in maintaining highest levels of client service and fiduciary responsibility
Client & Stakeholder Management:
+ Leverage deep and extensive network across the global art world to benefit clients
+ Cultivate and deepen relationships with UHNW clients/prospects through sophisticated engagement
+ Maintain strong relationships with key auction houses, galleries, museums, and art world professionals
+ Guide clients through significant art transactions, including auction guarantees
+ Partner with bank's Art Finance team
+ Foster long-term client relationships through exceptional service and market insights
Thought Leadership & Marketing:
+ Serve as the business' chief spokesperson for art market commentary
+ Represent the business at high-profile industry events and media engagements
+ Develop compelling content strategy for business publications and insights programming
+ Lead client events, webinars, and market education initiatives
+ Articulate complex art market dynamics to diverse stakeholders
+ Collaborate with Marketing on digital presence and content
Operational Excellence:
+ Oversee operational processes
+ Oversee regulatory examinations and internal audits
+ Drive technology and process improvements
+ Ensure operational efficiency and scalability
Required Qualifications:
+ Advanced degree in Art History or related field
+ 15+ years of museum, gallery, and/or auction house experience
+ Deep and extensive network of relationships across the global art world
+ Proven track record in art advisory or related field
+ Good business development skills and experience
+ Exceptional client relationship management skills at the UHNW level
+ Outstanding public speaking and presentation abilities
+ Strong executive presence and sophisticated communication style
+ Significant travel required (domestic and international)
+ Additional languages a plus
+ Demonstrated leadership and team management experience
Preferred Experience:
+ Experience working with UHNW clients and their advisors
+ Track record of business development and revenue growth
+ Understanding of wealth planning and private banking services
------------------------------------------------------
**Job Family Group:**
Private Client Product Services
------------------------------------------------------
**Job Family:**
IF Art Advisory & Finance
------------------------------------------------------
**Time Type:**
Full time
------------------------------------------------------
**Primary Location:**
New York New York United States
------------------------------------------------------
**Primary Location Full Time Salary Range:**
$200,000.00 - $300,000.00
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.
------------------------------------------------------
**Anticipated Posting Close Date:**
Feb 20, 2025
------------------------------------------------------
Citi is an equal opportunity and affirmative action employer.
Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review **Accessibility at Citi (https://www.citigroup.com/citi/accessibility/application-accessibility.htm)** .
View the "EEO is the Law (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf) " poster. View the EEO is the Law Supplement (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/OFCCP\_EEO\_Supplement\_Final\_JRF\_QA\_508c.pdf) .
View the EEO Policy Statement (http://citi.com/citi/diversity/assets/pdf/eeo\_aa\_policy.pdf) .
View the Pay Transparency Posting (https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp\_%20English\_formattedESQA508c.pdf)
Citi is an equal opportunity and affirmative action employer.
Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.
Confirm your E-mail: Send Email
All Jobs from Citigroup