The Commercial Banking business in Hungary is seeking a Mid-Corp Associate Banker to join its team. The Mid-Corp segment of the Commercial Banking business is focused on the acquisition and existing client relationship management of the medium tier of the large corporate segment in the Hungarian market. We serve clients with banking needs for local and foreign account management, financing and strategic advisory.

This is a seasoned professional role. Evaluates moderately complex and variable issues with substantial potential impact, where development of an approach/taking of an action involves weighing various alternatives and balancing potentially conflicting situations using multiple sources of information. Requires good analytical skills in order to filter, prioritize and validate potentially complex and dynamic material from multiple sources. Strong communication and diplomacy skills are required. Involved in coaching and training of new early career recruits.

Responsibilities:

• Business origination support: completion of industry and company research and preparation of financial analysis (cash flow, balance sheet, income statement analysis)
• Supports the Senior Relationship Managers in the structuring of deals that balance risk and reward
• Prepares / oversees new transaction memo proposals & annual credit reviews for the submission to the in-business credit lending management and independent risk departments
• Provide support to the daily activities of the relationship manager including account maintenance or servicing related matters
• Serves as clients' contact point and is responsible for managing internal departments to address any customer service issues;
• Proactively owns, responds to, uncovers and anticipates future client needs, roadblocks or risks and expectations;
• Works with product specialists and subject matter experts to structure innovative and customized solutions that meet clients’ individual needs in the cash management, working capital or strategic financing fields;
• Works closely with Case Manager on the on-boarding and retention of clients, ensuring the appropriate “Know Your Client” (KYC) and other compliance deliverables are met;
• Identifies cross-sell opportunities to deepen and increase share of wallet;
• Drives innovation in the solutions we provide clients and further developing our business where necessary and appropriate 
• Maximizes client experience by proactive sharing markets updates, trend and intelligence;
• Assists Senior Relationship Manager or Team Leader in in the research and identification of prospective clients;
• Networks with clients to identify avenues for new business opportunities
• Complete all tasks – having connection with the organisation’s activity but not detailed in the Job Description – charged by the supervisor
• Actively protects Citi’s assets and reputation by being the first line of defense from credit risk management perspective
• Ensures compliance with regulatory requirements and Citi's policies / guidelines at all times
• 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.

Qualifications:

• 4-8 years of experience
• Sound knowledge of banking and investment products and process as well as a track record of providing sound banking and financial advice and solutions to clients
• Demonstrates core credit analytical skills
• Possesses advanced understanding of accounting principles, financial modelling and statement analysis
• Holds an intermediate level of Early Warning Detection skills
• Commands ability to close deals and proficiently manage the credit origination process, gather and maintain credit documentation and monitor accounts
• Fluent oral and written Hungarian and English is required to perform role effectively
• Ability to work effectively in team setting
• Excellent interpersonal, communication and influencing skills
• A self-starter, with positive/can-do approach, embraces changes and is bold;
• High level of energy, enthusiasm and motivation
• Highly focused, able to rapidly identify key priorities, clearly communicate the priorities
• Passion for creating new business opportunities with existing clients and able to
• demonstrate innovative approaches to meeting clients’ needs.
• A proactive approach in looking for ways in strengthening business relationship with clients, delivers a simple, secure and seamless client experience
• Ability to embrace new technology and understand the role digital plays in the experience we deliver for our clients
• Must have a sharp business development focus and demonstrative innovative approaches
• Able to quickly adapt priorities based on the latest data insights

What we can offer you:

By joining Citi Hungary, you will not only be part of a 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.

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

This Role is a “Controlled Function” Role as defined by the Central Bank of Ireland Reform Act 2010 and Principal Regulations 2011, and amending Regulations 2014, 2015.