Wealth Technology - Head of Custody & Clearance Platforms, Director

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 ManageCiti 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 partnersScale across asset classes and geographiesImprove control, transparency, and resiliencyDeliver real-time, data-driven post-trade capabilitiesThe role requires a leader who can combine deep domain expertise in custody and clearing with modern platform engineering and ecosystem thinking.Key Responsibilities Custody & Clearing Platform StrategyDefine and execute a target-state platform strategy for custody, clearing, and post-trade servicesLead transformation from monolithic clearing models to modular, multi-provider platform architectureSupport strategic initiatives such as custodian transitions, clearing platform modernization, and in-sourcing / out-sourcing optimizationEstablish a future-ready operating model supporting multiple clearing brokers and custodians Post-Trade Platform Transformation LeadLead the initiative to run the transformation for technology platforms supporting the full post-trade lifecycle:Trade capture and enrichmentAllocation and confirmationClearing and settlement (DTCC, NSCC, DTC, Fed, etc.)Custody and safekeepingAsset servicing (corporate actions, income processing)Cash and position reconciliationBooks and records (IBOR/ABOR alignment) Multi-Custodian & Ecosystem EnablementEnable seamless integration with:Clearing firms (e.g., Pershing, etc.)Market infrastructure (DTCC, exchanges, payment rails) integrationInternal Citi systems across markets, services, banking, and riskDesign API-first and event-driven integrations for real-time interoperability Modern Platform EngineeringDrive adoption of:Cloud-native architectures and microservicesEvent-driven processing for trade lifecycle eventsReal-time settlement visibility and exception handlingReplace batch-heavy, fragmented processes with real-time and near-real-time processing modelsEstablish engineering excellence through:DevSecOps, CI/CDSRE and resilience engineeringObservability and operational telemetry Data, Transparency & ControlBuild real-time data platforms enabling:Position and cash visibilitySettlement status trackingException and break managementEstablish a golden source of books and records across custody and clearingEnable data lineage, reconciliation, and auditability across the trade lifecycle Intelligent Operations & AutomationIntroduce AI and automation to improve post-trade efficiency:Exception prediction and resolutionReconciliation automationCorporate actions processing optimizationEnable straight-through processing at scaleReduce manual intervention through intelligent workflows and decisioning systems Risk, Regulatory & Control FrameworkEnsure platforms meet all regulatory, compliance, and control requirementsEmbed:Audit trails and transparencyRegulatory reporting capabilitiesOperational risk controlsPartner with Risk, Compliance, and Operations to manage:Settlement riskCounterparty riskOperational resilience Stakeholder & Transformation LeadershipPartner with:Wealth business leadersOperations and custody teamsEnterprise architecture and infrastructure teamsLead large-scale transformation programs such as:Clearing platform replacementsCustodian migrationsPost-trade modernization initiativesInfluence senior stakeholders and drive enterprise alignment and funding Talent & OrganizationBuild and lead a high-performing global engineering and platform organizationDevelop expertise across:Post-trade domain knowledgeDistributed systems and platform engineeringData and reconciliation technologiesFoster a culture of ownership, resilience, and continuous improvementMust-Have Qualifications20+ years of experience in financial services technology, with deep expertise in custody, clearing, and post-trade processingProven track record of leading large-scale clearing/custody transformationsStrong domain expertise in:Trade lifecycle (front-to-back)Clearing and settlement processesCustody and asset servicingReconciliation 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 systemsCloud platforms (AWS/Azure/GCP)Experience building real-time or near-real-time processing platformsProven ability to lead global teams and large transformation programsStrong understanding of regulatory and risk frameworks in post-trade environmentsAbility to influence senior executives and cross-functional stakeholdersNice-to-Have QualificationsExperience with custodian transitions or clearing platform replacementsFamiliarity with wealth management platforms and advisory ecosystemsExposure to multi-asset class clearing (equities, fixed income, derivatives, alternatives)Experience implementing AI/automation in post-trade operationsKnowledge of distributed ledger / blockchain applications in settlementExperience with real-time payments and liquidity management platformsPrior exposure to books & records transformation (IBOR/ABOR convergence)Experience with vendor platform integration vs in-house platform build decisionsAdvanced degree in Engineering, computer science, or related disciplineLeadership ProfileDeep domain authority in custody and clearing, with platform mindsetAbility to translate complex post-trade processes into modern architecturesStrong balance of strategic thinking and execution rigorHigh resilience and ability to operate in large-scale transformation environmentsCommercially aware, with focus on efficiency, risk reduction, and scalabilityExcellent communicator who can bridge technology, operations, and businessWhy This Role MattersThis role is critical to Citi Wealth’s ability to:Transition from legacy clearing dependencies to a modern, flexible ecosystemDeliver real-time, transparent, and resilient post-trade capabilitiesSupport multi-custodian strategies and future growthYou 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 - $300,000.00In 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 SkillsPlease see the requirements listed above.------------------------------------------------------Other Relevant SkillsFor complementary skills, please see above and/or contact the recruiter.------------------------------------------------------Anticipated Posting Close Date:Apr 09, 2026------------------------------------------------------Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.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.View Citi’s EEO Policy Statement and the Know Your Rights poster.