Overview of the Role:

Citi Global Wealth is a leading provider of financial solutions for affluent, high net worth, and ultra-high net worth clients globally. We are committed to service excellence and seizing opportunities for our clients through the wealth continuum. The technology organization is building a purpose-driven team to serve its globally diverse, digitally forward customers. We are seeking exceptional candidates who think digitally and differently, resolve problems in unconventional ways, and strive to provide a remarkable experience for our clients. We define success by our Citi Leadership Standards: Develops our People, Drives Value for Clients, Works as a Partner, Champions Progress, Lives our Values, and Delivers Results. The Role We are seeking a highly skilled and experienced senior data leader to join our Wealth Manage

Citi Wealth is undertaking a strategic transformation of its custody, clearing, and post-trade ecosystem to enable a modern, scalable, and platform-driven operating model. We are seeking a Head of Custody & Clearance Platforms to lead the design and delivery of next-generation platforms that power trade lifecycle processing, custody services, asset servicing, and settlement across Wealth Management.

This role is responsible for transforming legacy, broker-dependent and siloed clearing environments into a modular, interoperable, and product-agnostic platform ecosystem, enabling Citi to:

• Support multiple custodians and clearing partners
• Scale across asset classes and geographies
• Improve control, transparency, and resiliency
• Deliver real-time, data-driven post-trade capabilities
• The role requires a leader who can combine deep domain expertise in custody and clearing with modern platform engineering and ecosystem thinking.

Key Responsibilities

1.

Custody & Clearing Platform Strategy:

• Define and execute a target-state platform strategy for custody, clearing, and post-trade services
• Lead transformation from monolithic clearing models to modular, multi-provider platform architecture
• Support strategic initiatives such as custodian transitions, clearing platform modernization, and in-sourcing / out-sourcing optimization
• Establish a future-ready operating model supporting multiple clearing brokers and custodians

2.

Post-Trade Platform Transformation Lead:

• Lead the initiative to run the transformation for technology platforms supporting the full post-trade lifecycle:Trade capture and enrichment
• Allocation and confirmation
• Clearing and settlement (DTCC, NSCC, DTC, Fed, etc.)
• Custody and safekeeping
• Asset servicing (corporate actions, income processing)
• Cash and position reconciliation
• Books and records (IBOR/ABOR alignment)

3.

Multi-Custodian & Ecosystem Enablement:

• Enable seamless integration with:Clearing firms (e.g., Pershing, etc.)
• Market infrastructure (DTCC, exchanges, payment rails) integration
• Internal Citi systems across markets, services, banking, and risk
• Design API-first and event-driven integrations for real-time interoperability

4.

Modern Platform Engineering:

Drive adoption of:

• Cloud-native architectures and microservices
• Event-driven processing for trade lifecycle events
• Real-time settlement visibility and exception handling
• Replace batch-heavy, fragmented processes with real-time and near-real-time processing models
• Establish engineering excellence through:
• Dev Sec Ops, CI/CD
• SRE and resilience engineering
• Observability and operational telemetry

5. Data, Transparency & Control

Build real-time data platforms enabling:

• Position and cash visibility
• Settlement status tracking
• Exception and break management
• Establish a golden source of books and records across custody and clearing
• Enable data lineage, reconciliation, and auditability across the trade lifecycle

6.

Intelligent Operations & Automation:

• Introduce AI and automation to improve post-trade efficiency:
• Exception prediction and resolution
• Reconciliation automation
• Corporate actions processing optimization
• Enable straight-through processing at scale
• Reduce manual intervention through intelligent workflows and decisioning systems

7. Risk, Regulatory & Control Framework

Ensure platforms meet all regulatory, compliance, and control requirements

Embed:

• Audit trails and transparency
• Regulatory reporting capabilities
• Operational risk controls
• Partner with Risk, Compliance, and Operations to manage:
• Settlement risk
• Counterparty risk
• Operational resilience

Stakeholder & Transformation Leadership:

Partner with:

• Wealth business leaders
• Operations and custody teams
• Enterprise architecture and infrastructure teams
• Lead large-scale transformation programs such as:
• Clearing platform replacements
• Custodian migrations
• Post-trade modernization initiatives
• Influence senior stakeholders and drive enterprise alignment and funding

9.

Talent & Organization:

• Build and lead a high-performing global engineering and platform organization
• Develop expertise across:
• Post-trade domain knowledge
• Distributed systems and platform engineering
• Data and reconciliation technologies
• Foster a culture of ownership, resilience, and continuous improvement

Must-Have Qualifications

• 20+ years of experience in financial services technology, with deep expertise in custody, clearing, and post-trade processing
• Proven track record of leading large-scale clearing/custody transformations
• Strong domain expertise in:
• Trade lifecycle (front-to-back)
• Clearing and settlement processes
• Custody and asset servicing
• Reconciliation and books & records

Experience working with:

• Clearing brokers and custodians (e.g., Pershing or similar)
• Market infrastructure (DTCC, NSCC, DTC, payment systems)
• Deep expertise in modern architecture patterns:
• Microservices, APIs, event-driven systems
• Cloud platforms (AWS/Azure/GCP)
• Experience building real-time or near-real-time processing platforms
• Proven ability to lead global teams and large transformation programs
• Strong understanding of regulatory and risk frameworks in post-trade environments
• Ability to influence senior executives and cross-functional stakeholders

Nice-to-Have Qualifications

• Experience with custodian transitions or clearing platform replacements
• Familiarity with wealth management platforms and advisory ecosystems
• Exposure to multi-asset class clearing (equities, fixed income, derivatives, alternatives)
• Experience implementing AI/automation in post-trade operations
• Knowledge of distributed ledger / blockchain applications in settlement
• Experience with real-time payments and liquidity management platforms
• Prior exposure to books & records transformation (IBOR/ABOR convergence)
• Experience with vendor platform integration vs in-house platform build decisions
• Advanced degree in Engineering, computer science, or related discipline

Leadership Profile

• Deep domain authority in custody and clearing, with platform mindset
• Ability to translate complex post-trade processes into modern architectures
• Strong balance of strategic thinking and execution rigor
• High resilience and ability to operate in large-scale transformation environments
• Commercially aware, with focus on efficiency, risk reduction, and scalability
• Excellent communicator who can bridge technology, operations, and business

Why This Role Matters

• This role is critical to Citi Wealth’s ability to:
• Transition from legacy clearing dependencies to a modern, flexible ecosystem
• Deliver real-time, transparent, and resilient post-trade capabilities
• Support multi-custodian strategies and future growth

You will define the core operational backbone of the wealth platform, ensuring that every transaction—from execution to settlement and safekeeping—is seamless, scalable, and future-ready.

Job Family Group:

Technology

Job Family:

Applications Development

Time Type:

Full time

Primary Location:

Jersey City New Jersey United States:

Primary Location Full Time Salary Range:

$170,000.00 - $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.

Most Relevant Skills:

Please see the requirements listed above.

Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

Anticipated Posting Close Date:

Apr 09, 2026

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