At a Glance
- Tasks: Manage global bank relationships and ensure compliance for Citi Markets businesses.
- Company: Join Citi, a leading global financial institution with a diverse team.
- Benefits: Enjoy competitive salary, generous holidays, private medical insurance, and hybrid working.
- Why this job: Make a real impact in a dynamic environment while growing your career.
- Qualifications: BA/BS degree and experience in international securities or network management required.
- Other info: Be part of a supportive workplace that values diversity and personal growth.
The predicted salary is between 43200 - 72000 Β£ per year.
Job Description
Discover your future at Citi Working at Citi is far more than just a job. A career with us means joining a team of more than 230,000 dedicated people from around the globe. At Citi, you'll have the opportunity to grow your career, give back to your community and make a real impact.
Job Overview Are you looking for a career move that will put you at the heart of a global financial institution? Then bring your skills in analysis, problem solving and communication to Citi's Bank Network Management (BNM) Team.
By Joining Citi, you will become part of a global organisation whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.
Team/Role OverviewBank Network Management is part of the SMB&IC Operations & Technology (O&T) Division. BNM provides best in class banking services to our business partners and clients, while strengthening regulatory compliance, governance, and control over Citi owned bank accounts. BNM global functions include: Relationship Management, Regulatory, Bank Expense Optimization, Bank Signatory Management (BSM), Third Party Risk and In Business Risk & Control. The Relationship function is responsible for managing relationships with agent banks to provide transparency, governance, and control over real world bank accounts which Citi businesses hold globally, both with affiliates and 3rd party banks. The Senior Network Manager (SNM) position covering the Agent Bank Relationships on behalf of Citi Markets businesses.
What you'll doManage Banks and Custodian Bank Relationships globally on behalf of the Citi Markets businesses and account management for limited US based Citi Mortgage related business (i.e. CNAI). This will include:
- Establishment of the bank/custody account infrastructure required to support various Markets businesses.
- Conduct RfP's to identify and assess ability of bank/custodian to support activity in scope
- Consult businesses and other interested parties (operations, legal, tax, regulatory, etc) on market practices and capabilities; assist on establishing new products; report regulatory/market changes to interested parties, and the potential impact to their businesses.
- Close coordination with many areas of the Firm is required (Trading Desks, Securities Operations, Treasury Operations, Legal, Tax & Compliance) and the candidate will have significant external contact with Banks, Industry Organizations and Internal Regulators.
- Negotiate fees and manage service levels to ensure best pricing and service for the Firm
- Negotiation of and completion of documentation (SLAs, BCP and Legal Agreements) required for the establishment of relationships and the opening of accounts, and ongoing maintenance and management of that documentation.
- Conduct formal Due Diligence on the agent banks in accordance with relevant regulatory requirements
- Ensure Accounts are maintained in accordance with relevant regulatory requirements
- Act as a senior escalation point within Citi and the Relationship team with respect to Agent Management.
- Manage or actively participate in various projects involving the Network Management team, either at the market, regional, or global level.
- Full-service support for USPB Citi Mortgage Business.
What we'll need from you
- The ideal candidate must have a BA/BS degree plus experience in the international securities industry (in Network Management, Securities/Custody Operations, Custody/Clearance Sales or Relationship Management).
- A good working knowledge of the securities settlement process & custody operations, cash management/services, foreign exchange, payments and derivatives (including futures) is required.
- Experience with managing bank relationships, fee negotiation, account opening, documentation & the corresponding regulatory considerations is a must.
- A working knowledge of SWIFT (admin, system, & industry initiatives) is a plus.
- Highly motivated, able to work independently, self-starter, able to prioritize
- Experience within large scale, cross-business projects
- Project management skills and ability to multi-task
- Strong oral and written communication skills
- Experience with facilitating large change initiatives
- Experience working within a large global matrix organization structure
- Excellent written and verbal communication skills
- The candidate should have proven relationship skills at a senior level.
- The individual should have excellent analytical, communication and presentation skills along with time management expertise and the ability to manage many projects concurrently.
What we can offer you We work hard to have a positive financial and social impact on the communities we serve. In turn, we put our employees first and provide the best-in-class benefits they need to be well, live well and save well.
By joining Citi Belfast, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed), and enjoy a whole host of additional benefits such as:
- Generous holiday allowance starting at 27 days plus bank holidays; increasing with tenure
- A discretional annual performance related bonus
- Private medical insurance packages to suit your personal circumstances
- Employee Assistance Program
- Pension Plan
- Paid Parental Leave
- Special discounts for employees, family, and friends
- Access to an array of learning and development resources
Alongside these benefits Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day. We want the best talent around the world to be energized to join us, motivated to stay, and empowered to thrive.
Sounds like Citi has everything you need? Then apply to discover the true extent of your capabilities.
ββββββββββββββββββ Job Family Group: Risk Management ββββββββββββββββββ Job Family:Operational Risk ββββββββββββββββββ Time Type: Full time ββββββββββββββββββ Most Relevant Skills Analytical Thinking, Constructive Debate, Controls Design, Escalation Management, Issue Management, Operational Risk, Policy and Procedure, Policy and Regulation, Risk Controls and Monitors, Risk Identification and Assessment.ββββββββββββββββββ Other Relevant Skills For complementary skills, please see above and/or contact the recruiter.ββββββββββββββββββ 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.
Senior Network Manager - Citi employer: Citi
Contact Detail:
Citi Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Senior Network Manager - Citi
β¨Tip Number 1
Network like a pro! Reach out to your connections in the finance and banking sectors. Attend industry events or webinars where you can meet potential colleagues or even hiring managers. Remember, itβs all about who you know!
β¨Tip Number 2
Prepare for those interviews! Research Citi's values and recent news. Think about how your skills in analysis and relationship management can benefit their Bank Network Management team. Show them youβre not just another candidate, but the right fit!
β¨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or mentors. Focus on articulating your experience in managing bank relationships and regulatory compliance. The more comfortable you are, the better youβll perform when it counts.
β¨Tip Number 4
Donβt forget to apply through our website! Itβs the best way to ensure your application gets noticed. Plus, youβll find all the latest job openings and updates directly from Citi. Letβs get you that Senior Network Manager role!
We think you need these skills to ace Senior Network Manager - Citi
Some tips for your application π«‘
Tailor Your CV: Make sure your CV is tailored to the Senior Network Manager role. Highlight your experience in managing bank relationships and any relevant skills in analysis and communication. We want to see how your background aligns with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about joining Citi and how your skills can contribute to our Bank Network Management team. Keep it engaging and personal β we love to see your personality!
Showcase Relevant Experience: When filling out your application, be sure to showcase your experience in the international securities industry and any project management skills. Weβre keen on seeing how youβve navigated complex relationships and regulatory requirements in the past.
Apply Through Our Website: Donβt forget to apply through our website! Itβs the best way to ensure your application gets to us directly. Plus, youβll find all the details you need about the role and our company culture there!
How to prepare for a job interview at Citi
β¨Know Your Stuff
Make sure you brush up on your knowledge of the international securities industry, especially in areas like Network Management and Custody Operations. Familiarise yourself with the securities settlement process and be ready to discuss how your experience aligns with Citi's needs.
β¨Showcase Your Relationship Skills
Citi values strong relationship management, so prepare examples of how you've successfully managed bank relationships in the past. Think about specific instances where you negotiated fees or improved service levels, as these will demonstrate your capability in this role.
β¨Be Ready for Regulatory Talk
Since regulatory compliance is a big part of the job, be prepared to discuss your understanding of relevant regulations and how they impact banking operations. This shows that youβre not just knowledgeable but also aware of the broader implications of your work.
β¨Demonstrate Your Project Management Skills
Citi is looking for someone who can juggle multiple projects. Be ready to share examples of large-scale projects you've managed, highlighting your ability to prioritise tasks and coordinate with various teams. This will show that you can thrive in a complex, global environment.