Client Demarketing Associate /Specialist AVP Portfolio Optimization Group (Commercial & Corporate Banking)

Citigroup • Irving, TX

269d • $87,360 - $131,040

About The Position

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.

Requirements

• 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

Responsibilities

• Review and validate client demarketing requests, conducting due diligence against client's footprint metrics ensuring business criteria's are met
• Collaborate with product partners to complete cross-business reviews and liaise 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
• Prepare 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
• Lead side projects assigned from time to time and report progress thereto

Benefits

• Medical, dental & vision coverage
• 401(k)
• Life, accident, and disability insurance
• Wellness programs
• Paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Credit Intermediation and Related Activities