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 securities or relationship management required.
- Other info: Be part of a supportive workplace that values diversity and personal growth.
The predicted salary is between 43200 - 72000 £ per year.
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 Overview
Bank 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 do
- Manage 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).
- 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 prioritise.
- 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 organisation 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 energised 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.
Senior Network Manager - Citi employer: Citi
Contact Detail:
Citi Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Network Manager - Citi
✨Tip Number 1
Network like a pro! Get out there and connect with people in the industry. Attend events, join online forums, or even hit up LinkedIn to find folks who work at Citi or in similar roles. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for those interviews! Research Citi's values and recent news about the company. Think about how your skills in analysis and problem-solving can make a real impact in the Senior Network Manager role. Practice common interview questions so you can shine when it counts.
✨Tip Number 3
Show off your relationship management skills! Be ready to discuss your experience managing bank relationships and negotiating fees. Use specific examples to demonstrate how you've successfully navigated challenges in the past—this will really impress the hiring team.
✨Tip Number 4
Don't forget to apply through our website! It's the best way to ensure your application gets seen by the right people. Plus, it shows you're serious about joining the Citi team. So, get that application in and let’s make it happen!
We think you need these skills to ace Senior Network Manager - Citi
Some tips for your application 🫡
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 – 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. We’re keen on seeing how you’ve navigated complex relationships and managed multiple projects.
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way to ensure your application gets into the right hands. Plus, it shows us that you’re serious about joining our team at Citi!
How to prepare for a job interview at Citi
✨Know Your Stuff
Before the interview, dive deep into Citi's Bank Network Management and understand their role in the financial ecosystem. Familiarise yourself with key terms like RfP, SLAs, and regulatory compliance. This will not only help you answer questions confidently but also show your genuine interest in the position.
✨Showcase Your Relationship Skills
Since this role involves managing relationships with banks and stakeholders, prepare examples that highlight your experience in relationship management. Think of specific instances where you successfully negotiated fees or resolved conflicts, as these stories will resonate well with the interviewers.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving skills and ability to handle complex situations. Practice articulating how you would approach challenges related to bank account management or regulatory compliance, as this will demonstrate your analytical thinking and decision-making abilities.
✨Ask Insightful Questions
At the end of the interview, have a few thoughtful questions ready about Citi's future projects or their approach to risk management. This shows that you're not just interested in the job, but also in how you can contribute to the company's goals and growth.