Citi Bank Signatory Management Analyst - Bank Network Management in Budapest, Hungary
Primary Location: Hungary,Budapest,Budapest
Education: Bachelor's Degree
Job Function: Procurement
Shift: Day Job
Employee Status: Regular
Travel Time: No
Job ID: 17069525
Citi Service Center Budapest was established in 2005 to serve 54 countries across EMEA and globally in some functions. We have grown over the years to boast over 25 separate functions, exceeding 1,500 employees and we continue to expand. Our population is diverse and is representative as a microcosm of Citi globally.
Global Bank Network Management is part of the O&T Division. BNM manages key relationships with the global agent bank and custody service providers, Finance, Regulatory, Legal & Compliance, Global Operations, Global Treasury, ICG Product teams, etc. Bank Network Management houses all Citi owned and operated bank accounts within the central bank account repository, ABACUS. The Bank Signatory Management Team is responsible for maintaining the completeness and accuracy of Citi bank account signing authorities globally.
The role includes the collation, review and maintenance of signing authority data in ABACUS, driving team projects to completion and building and maintaining processes to enhance controls, track progress and provide metrics reporting for team projects.
Into our team we are looking for a
Bank Signatory Management Analyst - Bank Network Management
Maintain the central record of signing authorities on cash (phase 1) and security accounts (phase 2) that are open throughout the agent network
Collate signing authority documents internally and from the agent bank network to populate the central repository (ABACUS/BSM system)
Maintain the database (ABACUS/BSM) of all signing authorities on bank accounts open at all agent banks throughout the network
Contribute to system and process development to ensure robust controls are implemented
Ensure best standards and practices are adhered to through reviewing and updating signing authority documents in a timely manner
Manage/develop exception processes to maintain completeness of Citi’s bank account signing authority inventory
Ensure that golden source information housed in ABACUS/BSM is maintained and current
Lead and/or contribute to team projects
Ensure that all agent banks have received and applied updated signing authority documents securely
Develop and maintain tools to track and report progress on BNM/BSM projects
Bachelor Degree plus 2-3 years of experience in the international securities industry (in Regulatory/Control, Network Management, Securities/Custody Operations, Custody/Clearance Sales or Relationship Management / Documentation).
Fluent English language knowledge
Good understanding of the Global Network Management function.
General understanding of the securities settlement process & custody operations, cash management/services, foreign exchange, payments and derivatives (including futures).
Experience with managing relationships, documentation & Bank/custody account management
A working knowledge of SWIFT (admin, system, & industry initiatives) is a plus.
The individual should have good analytical, communication skills along with time management expertise and the ability to manage many projects concurrently.
The individual must have good planning and organizational skills and be a self-starter.
The group is seeking a person with a proven track record of project management achievements & a demonstrated attention to detail. The ideal candidate must be flexible and able to work well under pressure and, at times, within tight deadlines.
What we offer:
Opportunity to work across the ICG organisation at every level, getting a detailed view of the Bank’s Operations, Businesses, Products and Services.
Gaining Experience in the whole range for Network Management services: Broker Dealer, Global Custody, Cash and Foreign Exchange.
Being part of a dynamic, Global Team in a constantly developing environment.
The work offers an excellent environment in which to work alongside top professionals across these disciplines to get a broad understanding of the business.
Extensive training will be given.
Apply now to be part of this dynamic team.