Cash & Collateral Management Analyst

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

Join our expanding Citi Cash Management Operations team in Budapest and make your own progress in a supportive and friendly environment!

The Cash Management Operations is responsible for ensuring the effective cash management of Citibank’s Nostro accounts across EMEA region and globally by monitoring their balances; analysing currency positions within the day and by reconciling previous days’ positions; providing funding; managing payments flows, time sensitive obligations and intraday liquidity across those.

We are a people-oriented organization that appreciates and promotes personal and professional aspirations: we acknowledge life-work balance throughout your career path.

What you will do:

• Support Cash Management team’s BAU activities
• To provide accurate and timely funding projections and, if needed, initiate liquidity transfers accordingly
• Monitor Nostro Account balances and provide forecast before Market Cut-offs
• Manage Liquidity within the pre-defined allocation levels
• Review and analyze transactions both intraday and during reconciliation
• Effective communication with departments whose work is related to nostro cash management, including the Markets Treasury trading desk
• Participating in documentation of business requirements and testing of new processes and systems
• Regular maintenance of department’s operating procedures
• Timely resolution of any reconciliation issues
• Timely and effective escalation of all issues
• Reconciliation of Nostro accounts
• Participation in industry/system testing
• Consistently & proactively manage requests / workload through to completion
• Contribute to make the funding processes more efficient
• Take on individual initiatives. Contribute to discussions with stakeholders

What we'll need from you:

• Strong mathematical or analytical background
• Experience in project related activities
• Experience in similar role is advantageous
• 1-3 years of relevant experience
• University/College degree in Accounting/Finance
• Exceptional candidates who do not meet these criteria may be considered for the role provided they have the necessary skills and experience

Skills & Competences:

• Excellent spoken and written English
• 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 parallel
• Strong PC skills in Excel, Word and Outlook. Training will be provided on other systems used within this position
• A desire to learn
• Precision, keen attention to details
• Strong interpersonal skills
• Strategic thinking
• In addition the successful candidate will possess good time management skills and be comfortable dealing with staff at all levels including senior management
• Good interpersonal skills
• Organised approach
• Positive and pro-active attitude
• Goal 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 Program
• Home 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 offices
• Pension Plan Contribution to voluntary pension fund
• Group Life Insurance
• Employee Assistance Program
• Access to a wide variety of learning and development programs, online course libraries and upskilling platforms, such as Udemy and Degreed
• Flexible work arrangements to support you in managing work - life balance
• Career progression opportunities across geographies and business lines
• Socially active employee communities with diverse networking opportunities

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 energized 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.

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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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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.

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View Citi’s EEO Policy Statement and the Know Your Rights poster.