Natural Resources Middle Office Manager, London
Client: 11037 Citibank, N.A. United Kingdom
Location: London, United Kingdom
Job Category: Other
EU work permit required: Yes
Job Reference: 809b906655e6
Job Views: 3
Posted: 17.05.2025
Expiry Date: 01.07.2025
Job Description:
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 Natural Resources Middle Office team.
By joining Citi, you will become part of a global organization whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.
What you’ll do:
- Manage the day-to-day running of the Natural Resources Middle Office team based in London.
- Handle client contacts and issues related to Letters of Credit, Cash against documents, and other Trade Services products, with proactive follow-up with Operations, Sales, and Product Management teams.
- Understand how security is taken over transactional collateral.
- Oversee new client onboarding and management, working with Implementations, Sales, Product, and Technical Partners.
- Maintain controls for all aspects of the middle office to ensure effective risk management for EMEA Trade.
- Engage with Product, Sales, and Coverage teams regarding new customer requirements.
- Provide excellent service through streamlined operations, innovative solutions, clear communication, and timely responses.
- Educate clients about available tools to assist them.
- Understand Tripartite agreements and hedging strategies.
- Escalate customer feedback, delays, and errors appropriately.
- Monitor secured transactions and collateral, tracking from purchase to sale.
- Liaise with warehouse companies, clients, and counterparties.
- Ensure clear and concise positions in Triquesta, detailing transactional exposures and statuses, and ensure facility utilization requests are within credit parameters.
- Obtain approvals for transactions outside approved criteria.
- Report accurate positions for transactional financing, adhering to risk policies.
- Identify opportunities to automate and digitize processes.
What we’ll need from you:
- Experience in a senior trade middle office role managing a team.
- Knowledge of Commodities Middle Office functions.
- Strong understanding of trade-related processes and policies.
- Excellent client service skills.
- Analytical, interpretive, and problem-solving abilities.
- Strong influencing and negotiation skills.
- Proven process improvement experience.
- Ability to manage multiple priorities.
What we can offer you:
We strive to positively impact communities and prioritize employee well-being through competitive benefits, including:
- Starting holiday allowance of 27 days plus bank holidays, increasing with tenure.
- Annual performance bonus.
- Private medical insurance.
- Employee Assistance Program.
- Pension Plan.
- Paid Parental Leave.
- Employee discounts.
- Learning and development resources.
Join Citi London to enjoy a flexible, inclusive workplace where you can thrive and grow.