Job Information
Citigroup Cash & Trade Processing Manager in Newark, Delaware
Business Overview:
The Public Sector Lockbox business is a 24/7 operational unit which provides a variety of services to government clients to assist them in managing their receivables and important documents. The functions of this business include Mailroom, Batching, Scanning, Dispatch and Data Entry for a variety of clients. Most functions occur in a POD or small team environment. A successful candidate manages the efforts of 25+ staff members who perform these tasks. The candidate must be able to work most holidays and weekends, and successfully complete the government-required background check. Extended hours may be required to complete job requirements. This role is an officer/AVP at Citi and therefore, is expected to excel at Citi’s Leadership Standards, categorized below.
Develops Our People:
Responsible for managing a team of 25+ staff members that fluctuates based on seasonal volumes; this includes management of Citi direct staff and oversight of Agency staff
Recognize the value of our people: Value their differences; help them grow and develop; tap their full potential; treat everyone with respect and dignity
In partnership with individual staff members, find creative ways to positively impact his/her career growth and trajectory. Work with peers within and across shifts and sites to identify and develop a diverse and effective talent pipeline for internal mobility.
Serve as the primary and first point of escalation for staff members and internal clients.
Manage daily production activities of the team including appropriate resource allocation, setting and reviewing performance goals, monitoring functional and shift-level metrics, ensuring all client SLA’s are met
Conduct regular monthly 1:1s with each Citi staff member covering progress against goals and individual performance plans, providing coaching and feedback including productivity and quality metrics, attendance metrics, leadership standards achievement, development/training needs and all other aspects of employee management
Appropriately communicate organizational information and updates through department and floor meetings, appropriate email/IM, and regular in-person communication
Write and deliver detailed mid-year and year-end performance appraisals
Appropriately welcome and indoctrinate new hires to organization
Reward results - recognize, reward and promote talent based on performance ("the what" and "the how”); highlight people who role model Citi’s Leadership Standards, celebrate exceptional team behavior and outcomes
Drives Value for Clients:
Continually find ways to Be the Best for our Clients
Regularly monitor quality reports and eliminate client-impacting defects through coaching and process improvement initiatives
Lead root cause analysis review on client impacting concerns, and provide detailed information and proposed solutions regarding findings
Participate in all client-facing events as needed
Works as a Partner
Consistently practice the ‘One-Team’ perspective collaborating business decisions within and across shifts
Effectively partner across sites and businesses through leadership and active participation in site-wide Task Forces, councils and projects
Network/navigate within the organization in order to troubleshoot and resolve escalated issues
Attend and actively participate in shift turnover meetings, huddle with POD team to provide updates and daily strategy
Through an assortment of communication avenues, maintain frequent, effective and transparent communications with peers, managers and staff across shifts and sites
Serve as deputy for the Cash & Trade Senior Processing Manager (VP) and cover for peers within and across shifts as needed
Champions Progress
Work with internal teams and vendors to understand existing processes and business requirements and aid the successful implementation of new technology and/or products
Identify opportunities and lead initiatives to implement process improvements and expense-reduction enhancements
Champion at least one task force or committee and provide regular senior management updates with measurable impact
Actively lead Lean and Operations Excellence project teams, client projects, or other internal initiatives. Ensure 100% attendance and engagement in Operations Excellence sessions and Citi Lean Training
Manage change effectively and positively
Lives Our Values
Conduct team building and morale building initiatives with your team, across shifts and across sites
Lead and actively participate in People Strategy efforts across shifts and sites
Represent Public Sector Lockbox appropriately in all site-wide initiatives, executive-level tours and community efforts
Risk and Controls:
Ensure Adherence to all departmental policies, client requirements, and compliance guidelines within a strictly regulated environment
Participate in Audit preparation and review processes
Identify control deficiencies, participate in monthly MCA reviews and implement appropriate procedures to mitigate any risk
Ensure 100% timely completion
Delivers Results
Create and monitor appropriate metrics for PODs, shift, site and organization
Ensure overall operating efficiency and maintain standards for conduct, quality, performance and productivity and address corrective action when necessary
Handle Escalations and provide timely/accurate resolutions
Provide required monthly temporary agency reporting and performance comments
Increase annual employee satisfaction survey scores and connect culture committees across all sites, sharing best practices
Job Qualifications:
Minimum 2 years supervisory experience required, in lockbox operations environment preferred
Customer service and/or multi-shift experience preferred
A demonstrated history of effective management and career development skills
Strong interpersonal skills and positive peer engagement experience in a diverse environment
Strong and effective written and verbal communication skills across diverse audiences and levels
Strong “Emotional Intelligence”, or the capacity to recognize, control, and express your own emotions while being empathetic to the emotions of others
Must have strong attention to detail and solid time management and organizational skills
Demonstrated ability to appropriately respond under pressure and effectively multi-task in a fast paced environment
Maintain full understanding of operational processes through training, hands on experience; lead by example
Demonstrated ability to be a change agent and embrace new technology in a fast paced, changing environment
Ensure schedule flexibility to accommodate 24/7 management coverage needs and off-shift meetings
Proficiency in Windows and Microsoft Office required
U.S. Citizenship or Permanent Residency (green card) is a requirement for this position
Required to pass an extensive background check that is renewed every 5 years
High School diploma or GED required
BS/BA preferred, or equivalent work experience required
This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.
Schedule: Monday to Friday 6:30am to 3:00pm
Job Family Group:
Operations - Transaction Services
Job Family:
Cash Management
Time Type:
Full time
Primary Location:
Newark Delaware United States
Primary Location Full Time Salary Range:
$78,080.00 - $117,120.00
In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.
Anticipated Posting Close Date:
Sep 18, 2024
Citi is an equal opportunity and affirmative action employer.
Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi (https://www.citigroup.com/citi/accessibility/application-accessibility.htm) .
View the "EEO is the Law (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf) " poster. View the EEO is the Law Supplement (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf) .
View the EEO Policy Statement (http://citi.com/citi/diversity/assets/pdf/eeo_aa_policy.pdf) .
View the Pay Transparency Posting (https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp_%20English_formattedESQA508c.pdf)
Citi is an equal opportunity and affirmative action employer.
Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.