What are the responsibilities and job description for the Correspondent Banking Relationship Lead position at Multitude?
At Multitude, we’re more than just a listed European FinTech company - we’re a team driving financial innovation. We provide digital lending and online banking services that empower consumers, SMEs, and FinTechs to grow and succeed.
Powered by our Banking-as-a-Service Growth Platform, we operate through three business units: Ferratum, offering seamless mobile banking for consumers; CapitalBox, providing flexible financing for SMEs; and Multitude Bank, supporting non-bank lenders and FinTechs.
As the Correspondent Banking Relationship Lead, you will play a pivotal role in managing and expanding our correspondent banking network. You will ensure regulatory compliance, enhance operational efficiency, and drive strategic partnerships in the international payments landscape.
Your Role
- Build and maintain relationships with local clearing systems, correspondent banks, financial institutions, and payment service providers.
- Ensure compliance with SWIFT protocols, AML/KYC regulations, and all correspondent banking regulatory requirements.
- Identify and develop new business opportunities in the correspondent banking space.
- Serve as the primary liaison for correspondent banks and payment service providers, ensuring seamless communication.
- Monitor and mitigate risks related to correspondent banking activities and payment services.
- Collaborate with internal stakeholders to integrate correspondent banking with other business lines.
- Develop and implement disaster recovery plans for payment operations.
- Maintain a pipeline of potential banking relationships and report on correspondent banking activities to senior management.
What We Are Looking For
- At least five years of experience in correspondent banking, payment services, or a related field.
- Strong knowledge of international payment systems and correspondent banking operations.
- Familiarity with AML/KYC compliance and other regulatory requirements.
- Understanding of banking back-office operations and day-to-day procedures.
- Excellent communication, analytical, and problem-solving skills.
- Ability to work both independently and collaboratively.
- Proficiency in Microsoft Office Suite.
- Willingness to travel as needed.
Why Join Us?
- Hybrid work model - Enjoy the flexibility of balancing remote and in-office work.
- Workation policy - Work from different countries for up to 60 days per year.
- Matching share programme - We match your contributions after a two-year holding period.
- LinkedIn Learning access - Over 16,000 courses in business, technology, and creative fields.
- Leadership and high-potential programs - Designed to support your career growth within Multitude.
- Private health insurance - Comprehensive coverage for your peace of mind.
- Wellbeing benefit - Initiatives to support your physical and mental well-being.
- Weekly office breakfasts - Enjoy a great start to your workday with the team.
- Opportunities for growth - Realize your ideas and advance in a fast-growing international fintech.
Kindly note that by proceeding, you confirm that you have read and accepted our Recruitment Privacy Policy.
