Are you looking for a career move that will put you at the heart of a global financial institution? Then bring your skills in communications and problem solving.
Shape your career with Citi in Dublin. Byjoining 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.
Citi has had a presence in Ireland since 1965, it was one of the first foreign banks to open an office in the country and is the Citibank Europe Plc Headquarters.
Team / Role Overview
ILOC Operations is a team providing support to Citigroup's Insurance Client base. The team is responsible for operational oversight, adherence to policies and facilitating the delivery of best in class customer experience. Quality is key and organizational skills are critical. There are approximately 400 clients using the ILOC offering and Citigroup is the leader in the market. The product is very cyclical in nature, the upward trend begins in October and the downward trend ends in March.
Responsibilities
The Cash & Collateral Management Supervisor provides leadership and supervisory responsibility for medium-sizedoperational/administrativeteam(s) of clerical/support employees. The role provides support to ILOC Operations & implementations, Trade product and Risk counterparts.
What you will do:
Responsible for the efficient and proper utilization of cash & collateral throughout the firm, and its subsidiaries, on both a domestic and international basis. Working with the funding and credit relations groups, will analyze cash flow, use of cash capital and collateral, transfer of funds (intra-company and with outside parties), bank account usage, bank compensation, and flow-through of funds.
Integrates a solid understanding of industry and business standards and practices of collateral and margin processes.
Deals with collateral related problems independently and has some latitude to resolve complex issues.
Designs and analyzes complex reports often related, but not limited to Collateral and Margin processes to satisfy management requirements and support/control activities.
Minimizes risk to the bank through a solid understanding of procedural requirements - provides solutions to reduce errors, and to adhere to audit and control policies.
Provides guidance and/or on-the-job-training to new team members
What we'll need from you:
Relevant experience, preferably with Collateral Management, bond settlement expertise
Understanding of Facility Risk Ratios and the related risk and process involved. Ability to calculate and derive these ratios effectively
Good understanding of bond settlements and related cash settlement cycles
Ability to determine eligible collateral and agree substitutions with the client in line with all requirements of the ILOC Risk / eligibility criteria
Fluent English language skills
What we can offer you
By joining Citi Dublin, 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 that support you (and your family) to be well, live well and save well. Discover more here.
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.
#LI-LC1
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Job Family Group:
Operations - Transaction Services------------------------------------------------------
Job Family:
Cash Management------------------------------------------------------
Time Type:
Full time------------------------------------------------------
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