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VP, Credit Cards Interchange Settlements & Recon - C13 - CHENNAI

Job Req ID 25845384 Location(s) Chennai, India Job Type On-Site/Resident Job Category Transaction Services
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At Citi, we get to connect millions of people across hundreds of cities and countries every day. And we have been doing it for more than 200 years.  We do this through our unparalleled global network.  We provide a broad range of financial services and products to our clients – whether they be consumers, corporations, governments or institutions – to help them meet their biggest opportunities and face the world's toughest challenges.

Citi’s Treasury and Trade Solutions (TTS) provides global solutions that can help clients drive their business forward while investing in innovation to bring new solutions to life.

We are currently looking for a high caliber professional to join our team asCash & Trade Proc Sr Mgr (Internal Job Title: Cash & Trade Proc Sr Mgr - C13) based in Chennai, India. Being part of our team means that we’ll provide you with the resources to meet your unique needs, empower you to make healthy decision and manage your financial well-being to help plan for your future.  For instance:

  • Citi provides programs and services for your physical and mental well-being including access to telehealth options, health advocates, confidential counseling and more. Coverage varies by country.

  • We empower our employees to manage their financial well-being and help them plan for the future.

  • Citi provides access to an array of learning and development resources to help broaden and deepen your skills and knowledge as your career progresses.

In this role, you are expected to:

The role reports into the Global Lead Comm. Cards Interchange Settlement & Recon and SPOC for Asia Clusters driving efficiency managing risk robustly. This role is based in Chennai. Requires basic commercial awareness. There are typically multiple people within the business that provide the same level of subject matter expertise It has responsibilities that will necessitate excellent collaboration with team members across all global Cards Operations sites, involving direct and matrix management of activities.

  • Be accountable for the Commercial Cards Interchange Settlement & Reconciliation function

  • Drive and manage Operational projects and initiatives for the function responsible globally working closely with stakeholders to delivery industry leading metrics and efficiency and deliver best-in-class Service.

  • Be client-facing as appropriate, representing the business and Citi to best effect

  • Perform MCA for functions and ensure flawless adherence to controls

  • Ensuring effective measures and metrics are in-place to monitor operational performance (KPIs, KRI’s, TATs) and work across the matrix to address and resolve issues and gaps.

  • Work with vendors to drive efficiency and align processes and controls and share best practice

  • Drive process and operational improvements, creating an environment that continually enhances the business

  • Maintain effective relationships with colleagues, management, internal/external clients and stakeholders

  • Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.

As a successful candidate, you would ideally have the following skills and exposure:

  • Bachelor's/University degree, Master’s degree preferred

  • 12+ years of experience in a related senior level role with experience in trade / cash operations and management

  • Candidate must have in-depth working and hands on knowledge in Interchange Settlement & Reconciliation function

  • Good understanding of Commercial Cardslife cycle

  • Must have excellent Accounting knowledge & good Analytical skills

  • Must have good understanding of various Association Reports & Product Processor Reports

  • Accounting knowledge on Fees and Revenue received from Associations

  • Quickly analyze Reconciliation  Exceptions and work towards resolutions and preventive measures

  • Ability to work across different time zone as this is a Global role

  • Proven experience in creating and implementing processes that result in improved business performance

  • Effective verbal and written communication and analytical skills

This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.

Working at Citi is far more than just a job. A career with us means joining a family 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.

Take the next step in your career, apply for this role at Citi today

https://jobs.citi.com/dei

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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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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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