The Banking & Lending Operations Assistant Vice President is a senior role within the UKEMEA Wealth (Private Bank) Banking & Lending Swiss Operations Team based in Zurich. The main responsibilities include execution of client orders for banking products (fiduciary placements, time deposits, Islamic investments and others), issuance of Standby Letters of Credit (Bank Guarantees) and tasks related to credit collateral monitoring. This role also requires driving various initiatives as well as support operations transformation projects to improve efficiency and excellence. Given the diversity of the role, the demanding client segment and the involvement of large value transactions, we are looking for applicants who have experience in money market operations and preferably experience in the area of standard and non-standard Bank Guarantees. We are looking for applicants who have worked in a fast-paced environment, who enjoy working under pressure against multiple daily deadlines, who are service oriented and who diligently executes procedures, policies & controls. The role offers great opportunity to gain insight of Wealth Management Business and its Banking & Lending products as well as to have ongoing close interaction with local, regional and global partners within Citi Wealth Private Bank Business and Operations Service Centers.The key responsibilities:Issuance of Bank Guarantees (standby letter of credit)Collateral Monitoring & Credit related tasksExecution of client orders for banking productsExecution of Murabaha trades with commodity brokersCompile and issue periodic management information to support governance processesAct as the backup to the team leadSupport various initiatives and projects to improve efficiency and excellenceRecord ManagementPerforming periodic control testingQualifications:3 years or more of experience in Banking / Lending OperationsExpert know-how for Bank Guarantees (Standby Letters of Credit)Familiarized with Credit Risk and Collateral ManagementAware of the interest rate market and deposit productsGeneral understanding of Banking & Lending ProductsAble to work diligently under time pressure on concurrent activitiesAbility to collaborate across teamsAbility to take on new assignmentsEducation:Bachelor’s / University Degree in Business, Accounting or FinanceMother tongue or Degree in EnglishAble to speak and write in German or French is an assetThis job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.------------------------------------------------------Job Family Group:Operations - Transaction Services------------------------------------------------------Job Family:Cash Management------------------------------------------------------Time Type:Full time------------------------------------------------------Most Relevant SkillsPlease see the requirements listed above.------------------------------------------------------Other Relevant SkillsFor complementary skills, please see above and/or contact the recruiter.------------------------------------------------------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.
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