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Demarketing Associate Specialist - AVP

Manage the complete client offboarding process ensuring compliance and risk mitigation
Irving, Texas, United States
Mid-Level
6 days ago
Citigroup

Citigroup

A global financial services corporation offering a range of banking, investment, and financial products to consumers and businesses.

Demarketing Associate Specialist - AVP

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

Commercial & Corporate Banking, Portfolio Optimization Group

The Client Demarketing Associate/AVP role is an intermediate-level position within the Banking Portfolio Optimization Group (POG) team. As part of a global initiative to ensure a clean and risk-managed client portfolio, this role will be responsible for managing the end-to-end offboarding process of commercial and Corporate Banking Clients.

This is a highly visible role that will offer the individual exposure to the bank's global network and cross-functional teams, including Relationship Management, Operations, Service, Business and Product leads. The successful candidate will demonstrate strong product knowledge, attention to detail and a proactive, positive mindset with a drive to learn.

Responsibilities

  • Review and validate client demarketing requests, conducting due diligence against client's footprint metrics ensuring business criteria's are met
  • Collaborating with product partners to complete cross-business reviews and liaising with business teams for ownership transfers
  • Draft and issue client communications, including closure letters, in partnership with internal legal and compliance teams
  • Liaise with Operations teams to execute client exits, ensuring all accounts and related products are fully closed in accordance with existing procedures/protocol
  • Preparing reports / matrix to reflect progress and follow ups with multiple stakeholders
  • Collaborate with internal stakeholders to continuously refine offboarding processes and contribute to strategic enhancement efforts
  • Support with reporting and governance requirements, ensuring issues are escalated promptly and through appropriate channels
  • Leading side projects assigned time to time and reporting progress thereto

Qualifications

  • 2-4 years of experience in Corporate or Commercial Banking, with a strong understanding of banking products and client lifecycle management
  • Proven expertise in Microsoft Office – Advanced PowerPoint presentation & Excel expertise including demonstrated capabilities with pivot tables, Vlookups and formulas.
  • Excellent due diligence and analytical skills with the ability to identify and mitigate risk
  • Strong communication and interpersonal skills, confident in engaging with internal and external stakeholders
  • Highly organised with attention to detail and the ability to manage multiple offboarding cases in a fast-paced environment
  • Positive attitude, proactive mindset, and eagerness to learn and grow within a global banking franchise.
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Demarketing Associate Specialist - AVP
Irving, Texas, United States
Marketing
About Citigroup
A global financial services corporation offering a range of banking, investment, and financial products to consumers and businesses.