Senior Relationship Manager - Trade & Institutions

Senior Relationship Manager – Trade & Institutions

Published:

24th February 2025

Location:

City of London, United Kingdom

Category:

Banking

Job Type:

Permanent

Salary:

£85,000

Role:

Front Office

Description

Our client, a prestigious City banking brand is seeking multiple experienced Senior Relationship Manager's to join their London HQ near Moorgate. The bank is now in its 50th year in the UK and is sitting on around £1.2bln on their balance sheet You will support Head of Trade and FI with any client relationship and administrative activities as well as ensuring efficient services to the trade customers and banks. The role is Full time in Office please (no hybrid available). No sponsorship available for candidates at this time.

Responsibilities

Developing and marketing trade finance products to customers and FIs by identifying opportunities in coordination with corporate RMs
Perform compliance due diligence on new network bank relationships and establishment of RMA
Monitor adverse news on network and correspondent banks through SWIFT KYC Registry and take appropriate update from the banks
Keep the bank limits updated in coordination with FI & Trade RMs
Conduct compliance due diligence on the parties in the LC and FI relationships as and when required
Maintain and develop active relationship with FI network and engage with banks for attracting their trade business and routing of export LCs.
Connect with other business units within the Bank and the wider Group to facilitate the cross-selling of full range of commercial bank products by collaborating with the target banks
Liaison with internal stakeholders e.g. GFI, Trade Finance, Commercial RMs , Credit Risk and Legal and Compliance etc.
Maintenance of all applicable correspondences and files associated with the FI business.
Upload account opening related documents into the core banking system.
Support FI Head in projects and marketing activities relating to; correspondent banks Vostro / Nostro accounts, compliance, RMA, FI Limits initiation and monitoring.
Respond to trade customers and banks queries in coordination with Trade Operations
Maintain and update the records on the Bank’s and Country Credit Limits.
Monitor the bank and country limits and reconcile the limits with Credit Administration/ GFI.
Prepare applications for new and increasing bank limits for GFI allocation and CCC approval
Perform compliance due diligence on the correspondent banks annually
Perform RMA due diligence on new network banks in compliance with the Group directives.
Conduct compliance checks on the counter parties on a transactional basis
Prepare periodic and ad hoc reports for GFI and as and requited by the management.
Create MI on banks and countries, FI & Trade business on a regular basis
Reconciliation of department reports with the system reports.