Are you looking for a career opportunity as a Relationship Associate-MC in Bengaluru? Look no further! In this blog post, we will explore the job prospects and Citi Recruitment Relationship Associate – MC In Bengaluru 2023. Discover what it takes to excel in this role and how to apply for this exciting opportunity.
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About the Citigroup
Citigroup was formed on October 8, 1998, following the $140 billion merger of Citicorp and Travelers Group to create the world’s largest financial services organization. The history of the company is divided into several firms that eventually amalgamated into Citicorp, a multinational banking corporation operating in more than 100 countries; or Travelers Group, whose businesses covered credit services, consumer finance, brokerage, and insurance. The company’s history dates back to the founding of the City Bank of New York (later Citibank) in 1812; Bank Handlowy in 1870; Smith Barney in 1873, Banamex in 1884; Salomon Brothers in 1910.
Citigroup Inc. or Citi (stylized as citi) is an American multinational investment bank and financial services corporation headquartered in New York City. The company was formed by the merger of banking giant Citicorp and financial conglomerate Travelers Group in 1998; Travelers was subsequently spun off from the company in 2002. Citigroup owns Citicorp, the holding company for Citibank, as well as several international subsidiaries. Citigroup is incorporated in Delaware.
Citigroup is the third largest banking institution in the United States; alongside JPMorgan Chase, Bank of America, and Wells Fargo, it is one of the Big Four banking institutions of the United States. It is considered a systemically important bank by the Financial Stability Board and is commonly cited as being too big to fail. It is one of the eight global investment banks in the Bulge Bracket.
Citigroup is ranked 33rd on the Fortune 500 as of 2021. Citigroup has approximately 200 million customer accounts and does business in more than 160 countries. It has 223,400 employees, although it had 357,000 employees before the financial crisis of 2007–2008 when it was bailed out by a massive stimulus package from the U.S. government.
In 2020 it was one of the largest securities services providers, having over $23.6 trillion in assets under custody (AUC).
In February 2021, CEO Michael Corbat was replaced by Jane Fraser, who became the first female CEO of a Big Four bank
Eligibility Criteria Of Citi Recruitment Relationship Associate – MC In Bengaluru 2023
Bachelors/University degree or equivalent experience.
2-5 years relevant experience.
Role and Responsibility
Builds relationships with client network and operational teams, becoming a key contact for internal requests/problem escalation and resolution
Ensures timely completion of Know Your Client (KYC) and other regulatory requirements, in partnership with product partners and Relationship Managers (RM)s
Helps clients to access Citi’s global network, locating local coverage and product support across the globe
Works with RMs and product partners to on-board new clients/new subsidiaries and KYC/initial credit set-ups completed
Coordinates credit requests and approvals from Citi’s global network
Engages with product partners and Citi’s global network to identify revenue opportunities and to position certain products with clients
Ensures periodic support discussions are held with clients and are correctly documented
Maintains correct client legal and marketing hierarchies
Partners with the Credit Admin team to ensure credit documentation is kept current: FX, derivatives, Loans, LCs, and other credit-related documents
Partners with the Credit Admin team to monitor the usage of credit lines, and partner with Independent Risk during client Annual Reviews
Assists in the implementation of cash transactions for Banker
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.
How To Apply?
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