We are looking for a Head of Banking Relationships to be based in our sunny office in Limassol, Cyprus or at least be capable to travel once a month here! You will be responsible for managing Exness's network of banking relationships for cash and providing value to both external and internal clients through market expertise, delivery of relevant information as well as working very closely with the Head Of Treasury. At the same time, you will be responsible for the management and oversight of all global banking relationships within Exness's network of banks.
You will be responsible for:
Proactively Manage and advance relationships with key contacts at partner banks;
Conducting regular reviews (documentation review, bank calls and visits), maintaining appropriate AML/KYC files, communicating, and ensuring delivery of detailed service level requirements, and acting as an escalation point for any issues arising with our bank
Overseeing & Monitoring Bank accounts in the Region and keep up-to-date with in-country banking legislative developments to provide assistance on banking requirements;
Providing assistance on banking requirements in new countries/entities, negotiating competitive arrangements and service levels with existing and new banking suppliers;
You will work closely with internal subject matter experts including Service Delivery, OGC, Compliance, Credit, and Risk. As the relationship owner, you will be expected to be proactive in dealing with banks, their reporting requirements and have a deep knowledge of how best to service those relationships (including a strong understanding of local market operation and regulation as they relate to the services being provided), as well as Exness and client requirements;
Liaise and maintain strong relationships with regional bankers, negotiating terms & conditions of banking facilities and service fees;
Identify and articulate to the Chief Financial Officer an efficient transactional banking and payment infrastructure to minimize cost and regulatory risk to Exness, managing the staff within to maintain this;
Arrange Meetings with representatives from visiting agent banks to understand their needs and proactively advance Exness as a safe partner;
Extend the breadth and number of banks to facilitate more banking options for Exness;
Ensure that all required annual due diligence deliverables are completed and documented, including annual documentation requirements, due diligence calls and/or visits, service level follow-ups, etc
Design and conduct quarterly cash liquidity reviews and propose effective repatriation plans for excess cash across the group;
As part of the ongoing due diligence process, this role is expected to assess, understand and communicate to the finance group any changes to bank strategy, structure, model as well as any market changes that may impact the services we receive from the banks;
5-10 years of relevant work experience;
Experience in the financial services industry with a strong operational understanding of the custody business;
Staff Management experience is a must;
Ability to build and maintain strong internal and external relationships;
Knowledge of securities markets, foreign exchange, cash clearing, and capital market regulatory considerations pertaining to foreign investment activities;
Knowledge of the external competitive environment for the industry;
Experience of High Volume Asian Traffic essential;
Willingness to conduct overseas travel as part of the due diligence process;
Professional Knowledge and Skills:
Bachelor’s or Master’s Degree preferred;
Understanding of project management, FX and a multi-currency environment;
Demonstrated ability to negotiate agreements;
Proficient with Microsoft Word, Excel and PowerPoint;
Excellent public relation and communication skills;
Ability to work under pressure;
Ability to think strategically;
Ability to interact with various levels of management (including senior management);
Ability to organize and prioritize work tasks and projects on a short-term and long-term basis.
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, company fitness centre for employees and their spouse;
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.
We support the relocation of our candidates and do our best to help them feel good and to be successful in the company! Apply Today
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.
The Exness Group provides services for trading the financial markets.
The Exness Group was founded by a group of like-minded professionals in the area of finance and information technology in 2008.
In the past few years the Exness Group has developed at an impressive rate, and is recognized today as an industry leader. By December 2020, our clients' monthly trading volume reached 673.6 billion USD and our active traders around the world surpassed 145,400. Currently the Exness Group offers a wide range of financial instruments.
Continuous development, guided primarily by the systematic improvement of trading conditions, is the key to the Exness Group's long-term success. We run an extremely customer-centric business, therefore, improving the quality of our services is our top priority.
Our customers enjoy a high level of customer service through our personal and truly international approach. We offer client support in 15 languages, including 24/7 support in English, Chinese, and Thai. We provide traders with: constant improvement, new opportunities to explore the financial markets, and the opportunity to work with a recognized leader in the financial industry.