Transaction Banking Full-time Job

3 weeks ago   Accounting & Finance   Dubai   146 views Reference: 35064
Job Details

Our business is divided into two core segments - Cash Management and Trade:

Cash Management focuses on Payments and Receivables, Liquidity Management Services, Platform and Data Services and Commercial Cards.

Payments – Allowing clients to initiate payments securely and efficiently whether domestic or cross border.

Receivables – Clients funds collected, allowing them to better support sales initiatives and drive top line growth.

Liquidity Management Services – Allowing clients to optimise their excess liquidity, manage risk and minimise debt.

Platform and Data Services – Our award-winning banking platform, CitiDirect provides Treasurers with access to Citi’s global cash management and trade solutions suite.

Commercial Cards – With issuance capabilities in over 100 countries, Citi is a leading commercial card provider.

Our Global Trade solutions network facilitates trade flows to enable growth and progress for our clients, it consists of the below primary products:

Working Capital Finance – offers global buyers and suppliers’ opportunities to help expand liquidity through Supplier Finance, Dynamic Discounting and other payment options.

Export Agency Financing – collaborating with export credit agencies to expand in higher risk markets and deliver short-term structured financing.

Trade Finance – includes Trade Loans to add value throughout transaction lifecycle.

Trade Services – offers traditional services such as Letters of Credit for exporters, importers and financial institutions.

Commodity Trade Finance – supporting clients end-to-end commodity flows.

Company Description
Nvestment arm, the bank works to promote financial literacy and entrepreneurship programs, which target local talent and aspiring entrepreneurs around the world, including the UAE. In this context, the bank had forged successful partnerships with top academic institutions such as Higher Colleges of Technology, the University of Dubai, Abu Dhabi University, Sharjah Women's College, Ittihad University and Emirates Institute of Banking and Financial Studies in the past 15 years to help develop local banking talent. Most recently, Citi Foundation has partnered with Amideast, Education for Employment (EfE), Injaz Al-Arab. As part of its commitment to the Paralympic Movement globally and within the UAE, Citi sponsored the 2019 World Para Athletics Championships in Dubai.In 2020 Citi UAE contributed 50,000 USD to UAE 10 million meals initiative from The MBR Humanitarian and Charity Establishment .The charity will use the funds to provide 20, 000 meals to communities affected by COVID-19 outbreak in the UAE, as part of the biggest food drive in the country. 10 million meals campaign enables institutions to make in kind and financial donations towards providing meals to low income families throughout the month of Ramadan