Nicholas Schmidt-Urzua joined Citi Private Bank as managing director and head of Multi-Asset Trading & Advisory for Latin America.

Schmidt-Urzua will be responsible providing complex trading solutions to the firm’s most sophisticated Capital Markets clients, including active traders and continuing to segment the bank’s client coverage model.

“Nicolas has over 15 years of trading expertise, working with clients in Latin America and Europe. Acquiring the best talent to provide top tier coverage, content and execution underscores our commitment to our clients in the Latin American region,” said Lisandro Chanlatte, head of Investment Counselors for Latin America.

Schmidt-Urzua previously served as head of the Global Investment Opportunities (GIO) for Latin America at J.P. Morgan Private Bank. Prior to his GIO role in Latin America, Schmidt-Urzua held a similar position as the GIO head in Geneva where he was responsible for building a $40 million revenue business for clients. He also worked at Credit Suisse in New York and Miami.

Citi Private Bank has $374 billion in global assets under management, across 49 offices in 15 countries and 139 countries.