DANIELE NICOTRA
CPB US Compliance Director
Citi Private Bank
Long Island City, New York
(718) 248-3233
BACKGROUND
In January 2004, I earned my MBA in Finance from St. John’sUniversity. I have worked in the financial industry for over 17 years. I started out on the sales side of the financial industry in 1993 working at Salomon Smith Barney (now Morgan Stanley Smith Barney) for 3 years with a portfolio manager and various financial consultants assisting with the management of $175 million in assets. I then worked as a Compliance Analyst for a year at the same firm. From there I worked for 3 years as an Assistant Vice President in the audit department at Chase Manhattan Bank (now JP Morgan). In this role, I performed and supervised internal control evaluations of the front, middle and back offices of the Global Asset Management and the Global Private Bank businesses, including KYC, AML, credit, trading, alternative investments, trust and portfolio management. I was also responsible for leading the Global Asset Management and Global Private Bank audit coverage of the Y2K project. It was while employed at Chase that I earned by CTA (Certified Trust Auditor) certification and became a member of FIRMA.
After Chase, I joined the Citi Private Bank (CPB) Compliance Department at Citigroup in 2000 and I have been with Citi ever since. I am currently a US Regional Compliance Director at CPB and the manager of the CPB Suitability Surveillance Unit. In this role, I am responsible for providing support of compliance and control matters for our US business as well as managing the investment surveillance team for investments booked on both the bank-side and broker-dealer side of our business. I am also responsible for reviewing and approving higher risk client profiles. Additionally, I serve on various risk and investment committees that are part of the CPB governance and risk management structure.
Over the last 17 years, my work experience has afforded me the opportunities to develop a very diverse knowledge base, which includes broker dealer, private bank, asset management, trust, banking, credit/lending and custody activities.
I have my Series 7, 24 and 66 licenses. I am also a member of the Fiduciary Risk Management and Compliance Roundtable since 2007.
I’ve been a FIRMA member for over 10 years. I’ve also served on the Operating Risk Committee (formerly the Emerging Risk Issues Committee) since its inception in 2002.
ATTESTATION
I have discussed my nomination with my employer, who welcomed this opportunity. I have my employer’s full support that will allow me to fulfill the commitments necessary to serve as a Board member.
CANDIDATE STATEMENT
FIRMA is a very well recognized organization amongst fiduciary and investment professionals. We are on the horizon of the most financial regulatory changes since the Great Depression due in part to the passage of Dodd-Frank. In my opinion, this is one of the most exciting times for fiduciary and investment professionals. I would be honored to serve on the Board of this very important and prestige organization as FIRMA and its members navigate the ever changing financial landscape. I believe that my experience and diverse financial background will be an asset to the FIRMA Board and its members.