Sep 07, 2021

Banking Relations Manager (Correspondent accounts)

  • Exness
  • Limassol, Cyprus
Full time Banking Business Development

Job Description

Our company showed tremendous growth during the last few years, delivering great business results as well as a sustainable focus on innovations and ethical behaviour. The business growth was supported with extensive headcount growth in Cyprus, South Asia & other emerging markets. Having huge plans for the future, we are now looking for a key member in our Global Banking Relationships team a Banking Relations Manager for Correspondent accounts.

You will be responsible for developing and managing Exness's network of correspondent bank relationships.

You will be responsible for:

  • Sourcing new correspondent accounts and establishing correspondent relationships;
  • Creating functional strategies for developing and managing correspondent relationships;
  • Development of internal guidelines and procedures related to correspondent relationships and correspondent accounts operations;
  • Negotiating the terms  of correspondent accounts services, including applicable  fees and charges;
  • Handling correspondent accounts opening;
  • Review and approving daily transactions, verifying and reconciliation Nostro and Vostro accounts, preparing daily operations and other reports, solving all issues related to the payments/settlements with correspondent banks in a timely manner;
  • Managing relationships with  key contacts at correspondent banks, handling regular meetings with correspondent banks representatives;
  • Coordinating regular reviews, maintaining appropriate AML/KYC files;
  • Evaluating and monitoring of the correspondent banks in regards to their rating, reputation, licensing, financial position, the scope of services, fees and other parameters;
  • Dealing with correspondent banks, their reporting requirements and service relationships, while developing a strong understanding of the local market operation and regulation relevant to the services provided.


  • 5-8 years of relevant work experience in a similar position at commercial banks;
  • Cash management and payments processing background, strong knowledge and experience of FX and remittance operations in commercial banks;
  • Proven experience and relationships with key contacts in Tier-1 banks worldwide;
  • Good understanding of operational risk in the banking sector, KYC, AML/CFT and correspondent banking;
  • Ability to negotiate and influence actions in a professional and effective manner;
  • Experience in the financial services industry with a strong operational understanding of the financial  business;
  • Understanding of the Forex industry specifics and multi-currency environment;
  • Proven ability to develop strong working relationships and establish a high level of credibility across functional lines of business and organizational levels;
  • Bachelor’s or Master’s Degree in Banking and Finance preferred;
  • English - fluent, other languages considered as an advantage;
  • Experience in B2B sales preferred;
  • Availability to travel when needed;
  • Ability to work under pressure and think strategically;
  • A deep sense of professionalism - to present and meet with internal and external stakeholders as needed.

We offer you: ​

  • Outstanding conditions for professional growth and development, work in a very fast-paced and challenging environment;
  • Relocation package for the family and visa support;
  • Competitive salary based on the candidate's expectations and internal benchmark;
  • New branded corporate Mini Cooper Countryman S for the relocated employee;
  • Medical insurance coverage for employees and family members, a company fitness centre for employees and their spouses;
  • Kindergarten/school compensation program;
  • Company’s contribution to training & development;
  • Outstanding offices view;
  • Result-oriented approach; flexible working conditions;
  • Corporate employee share scheme for all the employees.

Your application will be reviewed further and you will receive an update in due course if you are shortlisted. Due to the high volume of applicants, we are able to contact only shortlisted candidates at this point in time.

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