Financial Institutions Relationship Support Assistant (Internship or Apprentice)

Job description

iBanFirst is accelerating its development and is looking for a Financial Institutions (FI) Relationship support Manager to reinforce its FI relationship team. This position is based in Paris.

What you will do

The FI Relationship support manager reports directly to the FI relationship manager and is part of the Operations department. The Operations department counts 3 teams: Due Diligence, Back Office and FI Relationship.

The FI relationship support manager is the key daily coordinator of all current affairs with financial institutions, including treasury, correspondent banking and FX liquidity. The FI relationship support manager has a central role in assisting the ongoing projects, process and discussions.

As such, the main assignments are:

• Centralize and organize the documentation for KYC
• Respond to KYC demands and periodic compliance review
• Respond to RFIs (Request For Information)
• report data necessary for all ongoing discussions with financial institutions: banks, FX liquidity providers…
• Follow-up / Assess / Rank the costs and revenues realized by each FI to facilitate feedback and further negotiations.

Preferred experience & Required Qualities

• Studying a Master 1/ 2
• Result-driven: iBanFirst has a very ambitious roadmap to deliver for its clients and investors, the relationship manager is fully part of iBanFirst’s growth and service improvement.
• Thorough understanding of banks’ business model, culture, and services: international payments / correspondent banking, capital markets (FX)
• Deep understanding of potential ways of integration with banks
• SWIFT and SEPA knowledge is a plus
• knowledge about local vs virtual accounts and local IBANs establishment is a plus
• Strong teamwork / transversal work abilities to collect requirements, give relevant feedback and circulate information to all stakeholders and top management.
• Strong Analytical skills: data management, business reports, RFPs…
• Experience in transversal work, as manager or participant
• Strong communication skills to convey iBanFirst requirements and projections to FIs, and to inform top management with a synthetic view on relationships with FIs
• Doer and self-motivated
• Bachelor/Master’s in business or Finance
• International mindset and fluent in both French and English

What we offer

• Various missions and projects in an innovative scale-up in a thriving industry (fintech),
• A key role and a unique opportunity to shape the future of iBanFirst,
• A great, professional, and international team,
• A nice work environment, in our office located in Paris 8,
• Regular offsite and internal events,
• Attractive package, depending on profile.

Our recruitment process:

• Call with the Talent Acquisition (30')
• Interview with Elise (FI Relationship Manager)
• Start Date: ASAP.

💡 Who are we?

Founded in 2016, iBanFirst has quickly established itself as the leading alternative for businesses that trade and carry out international payments. iBanFirst offers a next-generation cross-border payment experience that combines a powerful platform and the support of FX experts. With iBanFirst, executives and finance teams can get direct access to currency markets, receive, send and track payments and develop tailored hedging strategies.

With more than 350 employees in 10 European countries, processing a volume of transactions worth more than €1.4 billion each month, and listed by the Financial Times as one of Europe's fastest growing companies, iBanFirst became in less than 10 years a trusted partner for SMEs across borders.

iBanFirst has the financial backing of the French public investment bank (bpiFrance), European venture capital leaders (Elaia, Xavier Niel), and the American investment fund Marlin Equity Partners (more than 8 billion dollars of capital under management).

Regulated by the National Bank of Belgium as a payment institution, iBanFirst is authorized to operate throughout the European Union. Member of the SWIFT network and SEPA certified, iBanFirst holds AISP and PISP accreditations under PSD2.

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