At a Glance
- Tasks: Develop new banking relationships and provide solutions for Digital/FinTech clients.
- Company: Citi Commercial Bank is a rapidly growing business focused on the Digital/FinTech sector.
- Benefits: Enjoy a dynamic work environment with opportunities for growth and collaboration across global teams.
- Why this job: Join a team that drives innovation in banking and supports the fast-paced Digital/FinTech industry.
- Qualifications: Strong knowledge of the Digital/FinTech market and experience in Commercial Banking required.
- Other info: This role is subject to FCA and PRA Certification Regime; candidates must meet fitness requirements.
The predicted salary is between 43200 - 72000 ÂŁ per year.
Citi Commercial Bank (CCB) is a fast growth business with a vision to significantly scale up over the next five years and beyond. Coverage of companies in the fast growing Digital/FinTech space is a core part of this strategy. The primary responsibilities for the Relationship Manager – Digital will be to develop new banking relationships and to provide solutions for existing Digital/FinTech CCB clients operating in the payments ecosystem. The job involves day-to-day cooperation with Citi colleagues in various countries, including working with the credit underwriting team, subsidiary relationship managers, product and implementation teams. Responsibilities also include active engagement in projects related to additional products and functionalities offered by the CCB team across the region for Digital/FinTech companies.
Key Outline
The key outline of this London-based role is to help develop new relationships and to nurture the growth of revenues from CCB clients in the Digital/FinTech space who are headquartered in the UK. An ongoing commitment in identifying new revenue streams and flows, support and own RFPs, and deepen wallet penetration for revenue realization. Through those activities, you’ll achieve an annual growth rate in revenue for the CCB business whilst overseeing your clients’ sales performance.
Main Responsibilities
- Acquire new, multi-product, Digital/FinTech customers for the Bank;
- Manage relationships and provide service for CCB Digital customers in the UK;
- Proper account planning is expected, the RM has to determine and plan the future relationship, business opportunities, products to sell, etc.;
- Work closely with the Sector Head, the wider UK CCB team, CCB Cash Sales Transactors, Markets experts and junior staff on a daily basis;
- Monitor and support the products’ implementation process;
- Manage customers and transactions in the CRM platform;
- Close cooperation with Banking Capital Markets and Advisory teams to address opportunities within the Digital space;
- Frequent interaction with other CCB teams across the globe;
- Verify adherence to global Know Your Customer (KYC) standards during the onboarding and periodic review processes;
- Maintain overall control and accountability for the managed cross-border transactions referrals;
- Participate in structuring new product solutions specific to Digital/FinTech clients and the industry segment.
Experience/Knowledge/Skills/Languages:
- Excellent knowledge of the Digital/FinTech market, customers, ecosystem, competition, and local regulations;
- Good knowledge of corporate finance, FX, cash management and trade products are needed;
- Thorough understanding of banking products for digital/technology customers;
- Experience in Commercial/Relationship Banking with international customers;
- Ability to assess the credit risk of digital/technology companies;
- Experience of the implementation/onboarding process;
- Team player with the ability to collaborate across the wider UK CCB team and the Global Digital Team, as well as requesting support from the appropriate team members as required;
- Exploring issues and generating solutions. Analysis and use of a diverse range of environmental and business information to identify business priorities and making decisions to deliver business benefits;
- Ability to engage appropriately at all levels in the organization and build relationships with a variety of business and external sources.
“Candidates applying for this role must be aware that it is a Certified Role, subject to the FCA and PRA Certification Regime. The Certification Regime is one element of the Individual Accountability Regime which came into effect on 7 March 2016. Under the Certification Regime, Citi UK regulated entities (Citi entities) must ensure that employees working in certain roles categorized as specified significant harm functions (Certified Roles) are assessed as fit and proper to carry out their role. Under the guidance provided by the FCA and PRA, firms should have regard to the following when assessing fitness and propriety:
- Honesty, integrity and reputation
- Financial soundness
- Competence and capability
In order to comply with the requirements of the Certification Regime, Citi entities must take reasonable care to ensure that an employee does not perform a Certified Role without first being certified as Fit and Proper. For this reason, you will be assessed for this role against the Fit and Proper requirements, as described above. This assessment will be carried out through extensive interviews, self-disclosures, permitted criminal record checks, regulated reference checks, credit checks and other background screening checks.”
Job Family Group: Commercial and Business Sales
Job Family: Relationship Management
Time Type: Full time
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 .
View the EEO is the Law poster. View the EEO is the Law Supplement . View the EEO Policy Statement . View the Pay Transparency Posting .
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Commercial Bank Relationship Manager - Fintech, Digital, Technology & Communications - VP employer: Citigroup Inc.
Contact Detail:
Citigroup Inc. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Bank Relationship Manager - Fintech, Digital, Technology & Communications - VP
✨Tip Number 1
Familiarize yourself with the latest trends and developments in the Digital/FinTech space. This knowledge will not only help you understand potential clients better but also demonstrate your expertise during interviews.
✨Tip Number 2
Network with professionals in the Digital/FinTech industry. Attend relevant events, webinars, or meetups to connect with potential colleagues and clients, which can give you an edge in understanding their needs and challenges.
✨Tip Number 3
Brush up on your relationship management skills. Since this role involves managing multiple client relationships, showcasing your ability to build and maintain strong connections will be crucial.
✨Tip Number 4
Prepare for questions related to credit risk assessment and compliance standards. Understanding these areas will be vital, as they are key components of the role and will likely come up during the interview process.
We think you need these skills to ace Commercial Bank Relationship Manager - Fintech, Digital, Technology & Communications - VP
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Commercial Bank Relationship Manager position. Familiarize yourself with the Digital/FinTech market and how it relates to Citi's strategy.
Tailor Your CV: Customize your CV to highlight relevant experience in relationship management, particularly within the Digital/FinTech sector. Emphasize your knowledge of banking products and your ability to assess credit risk for technology companies.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the Digital/FinTech space and your understanding of Citi's goals. Mention specific examples of how you've successfully developed banking relationships or managed accounts in the past.
Highlight Team Collaboration Skills: Since the role requires working closely with various teams, be sure to illustrate your teamwork abilities. Provide examples of how you've collaborated with colleagues across different departments to achieve business objectives.
How to prepare for a job interview at Citigroup Inc.
✨Understand the Digital/FinTech Landscape
Make sure to research and understand the current trends, challenges, and opportunities in the Digital/FinTech market. Being able to discuss these topics will demonstrate your knowledge and passion for the industry.
✨Showcase Relationship Management Skills
Prepare examples from your past experiences where you successfully managed client relationships. Highlight how you identified new revenue streams and deepened client engagement, as this is crucial for the role.
✨Familiarize Yourself with Banking Products
Brush up on your knowledge of banking products relevant to digital and technology customers. Be ready to discuss how these products can be tailored to meet the needs of potential clients.
✨Demonstrate Team Collaboration
Since the role involves working closely with various teams, prepare to discuss instances where you effectively collaborated with others. Emphasize your ability to engage with different stakeholders and drive projects forward.