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
The Cash & Collateral Management Senior Analyst is a seasoned professional role. Applies in-depth knowledge, contributing to the development of new techniques and the improvement of processes and work-flow for the area or function. Integrates subject matter and industry expertise within a defined area. Requires in-depth understanding of how areas collectively integrate within the sub-function as well as coordinate and contribute to the objectives of the function and overall business. Evaluates moderately complex and variable issues with substantial potential impact, where development of an approach/taking of an action involves weighing various alternatives and balancing potentially conflicting situations using multiple sources of information. Requires good analytical skills in order to filter, prioritize and validate potentially complex and dynamic material from multiple sources. Strong communication and diplomacy skills are required. Regularly assumes informal/formal leadership role within teams. Involved in coaching and training of new recruits. Significant impact in terms of project size, geography, etc. by influencing decisions through advice, counsel and/or facilitating services to others in area of specialization. Work and performance of all teams in the area are directly affected by the performance of the individual.
Responsibilities:
Supports Cash Management Operations global team and managers in creating a strong team to define, perform and control Cash Management Operations processes regionally and globallyIs responsible for the efficient and proper utilization of cash & collateral throughout the firm, and its subsidiaries at Central Banks, Agent Banks and other FMIs, on both a domestic and international basis, including timely settlement of all payment obligationsIs responsible for effective predicting, forecasting and reporting to Treasury processesWorks on funding process, will analyse cash flow, use of cash capital and collateral, transfers of funds (intra-company and with outside parties), bank account usageEstablish controls for all cash & collateral movements and cash usage and coordinate activities with control functions and auditsPlay a significant role in developing data processing, liquidity management and funding systems used at Cash Management OperationsMaintain and operate automated or semi-automated cash management systems to track and predict cash flows, allocate funds to appropriate areas on settlement dates, monitor excess or idle cash, and assist in projecting short term funding requirements. Monitor portfolios and associated exposures to ensure sufficient collateral is timely pledged effectively and in accordance with needs and rulesSubject matter expert who develops and implements business initiatives, client solutions, and/or projectsStays abreast of developments within the collateral and margin function and considers his/her implications for own job and the businessHas responsibility for volume, quality, timeliness and delivery of complex deliverables often related, but not limited to Cash Management processesAccountable for integrity of process, operations and associated results; may have responsibility for planning, budgeting and policy formulation within area of expertiseResponsible for detailed analysis of collateral related issues where the best course of action is not evident from the information available, but actions must be recommended/takenContributes to standards around which others will operateSupports a wide range of internal clients (product, sales, client delivery, and technology) and external corporate clientsDevelops and exercises business plans, policies and procedures, and demonstrates an ability to lead projects, offer innovative solutions and cost saving opportunitiesOversees the daily performance of the collateral and margin processes to satisfactory completion of the daily operational cycleDefines, develops, implements and tracks appropriate margin related KPIs and SLAs for the groupLiaises with internal (front office, middle office, settlement, control, etc.) teams and external clients to assess service quality and identify areas for improvementConducts discovery and due diligence activities with clients to meet their needsSolves complex client queries and consults with clients as requiredApplies a solid knowledge of the business to develop creative solutions to meet client and business needsProvides in-depth and sophisticated analysis to define problems and develop solutions, mostly but not limited to Cash Management processesInfluences strategic functional decisions through advice, counsel or provided services that have direct impact on the businessActs as an advisor or coach to new or junior staffBuilds and maintains effective relationships with colleagues, management, internal/external clients and stakeholders; facilitates and enables changeManage all kind of incidents (e.g. system outages, industry issues, cyber attacks, etc) and ensuring minimum impact on the firm and its clients. This might also include a requirement to work in outside normal working hours and in overtimeSupports roll-out and implementation of global best-practices, in particular knowledge transfer of existing processes to other marketsManages internally developed tools like EUC and ITeSS and perform periodical review of those
Qualifications, Knowledge & Experience
5-8 years of experience in Banking/Treasury areaIndividuals are expected to be subject matter experts in multiple or specific skill sets, business areas or productsIntermediary knowledge of Treasury Funding and Banking OperationsBachelor’s/University degree, Master’s degree preferred
Skills & Competences:
Excellent spoken and written English, other languages are advantageousAn understanding of concept of Corporate Treasury, Markets Treasury and Operations The candidate is expected to be dynamic, flexible and a quick learner as the business requires candidates to be able to learn and perform multiple functions parallelAdvanced PC skills in Excel, Word, MS Access and Outlook, including macro & VBA programming. Training will be provided on other systems used within this positionA desire to learnPrecision, keen attention to detailsStrong interpersonal skillsGood communication and organizational skillsWillingness to work on local Bank Holiday days when managing regional/global processesAbility to support occasional weekend works if required for testingOrganized approachPositive and pro-active attitudeGoal oriented and self driven
What we can offer you:
By joining Citi Hungary, 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 compensation package and enjoy a whole host of additional benefits that support you (and your family) to be well, live well and save well:
Cafeteria ProgramHome Office Allowance (for colleagues working in hybrid work models)Paid Parental Leave Program (maternity and paternity leave)Private Medical Care Program and onsite medical rooms at our officesPension Plan Contribution to voluntary pension fundGroup Life InsuranceEmployee Assistance ProgramAccess to a wide variety of learning and development programs, online course libraries and upskilling platforms, such as Udemy and DegreedFlexible work arrangements to support you in managing work - life balanceCareer progression opportunities across geographies and business linesSocially active employee communities with diverse networking opportunities
This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.
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Job Family Group:
Operations - Transaction Services
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Job Family:
Cash Management
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Time Type:
Full time
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Most Relevant Skills
Please see the requirements listed above.
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Other Relevant Skills
For complementary skills, please see above and/or contact the recruiter.
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