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Job description
Job Description
The associate in Global Network Management supports the development and execution of the firm’s global agent bank strategy. The role focuses on maintaining effective bank relationships, delivering commercial outcomes, and ensuring alignment with the firm’s risk, regulatory, and operational frameworks. Bank Relations partner with senior relationship managers and cross-functional stakeholders to optimize service delivery, manage risk, and support strategic bank initiatives across regions and products.
Job Description
The associate in Global Network Management supports the development and execution of the firm’s global agent bank strategy. The role focuses on maintaining effective bank relationships, delivering commercial outcomes, and ensuring alignment with the firm’s risk, regulatory, and operational frameworks. Bank Relations partner with senior relationship managers and cross-functional stakeholders to optimize service delivery, manage risk, and support strategic bank initiatives across regions and products.
Key Responsibilities
Relationship & Stakeholder Management
Maintain effective working relationships with external agent banks and internal stakeholders (Treasury, Legal, Operations, Risk, Business Units)
Support senior engagement with banks, including preparing materials and tracking actions
Escalate issues clearly and proactively to senior team members
Represent the firm in routine interactions with bank network stakeholders and at industry forums
Commercial & Analytical Execution
Analyze bank fee structures, service levels, and account activity to identify risks and optimization opportunities
Interpret data and contribute to recommendations on cost, service, and relationship positioning
Support negotiations and commercial discussions through data-backed analysis
Proactively identify anomalies in bank performance or pricing
Risk, Control & Regulatory Compliance
Ensure adherence to internal risk frameworks and external regulatory requirements (e.g. KYC, CASS)
Understand and articulate the risk implications of relationship decisions
Partner with Risk, Legal, and Audit to support governance and control processes
Escalate issues appropriately and contribute to remediation actions
Business & Strategic Support
Support evaluation of new markets, products, and bank capabilities
Contribute to strategic initiatives including RFPs, bank selection, and footprint optimization
Assist in preparing materials for senior forums and relationship reviews
Participate in industry working groups and market infrastructure discussions
Operational & Product Coverage
Develop working knowledge of banking products including custody, cash, payments, and securities services
Understand trade lifecycle and how bank services support business activity
Assist in resolving operational issues and improving service delivery across the network
Coordination with Operations teams on service performance and issue resolution
Skills & Experience
Core Skills
Strong analytical capability with ability to interpret complex datasets
Effective communication and stakeholder management skills
Sound judgement balancing cost, risk, and service considerations
Ability to operate in a fast-paced, global, and cross-functional environment
Experience / Knowledge
Understanding of banking, custody, or treasury functions preferred
Familiarity with regulatory frameworks (e.g. KYC, client asset rules)
Experience working with external financial institutions or vendors is advantageous
Behavioral Attributes
Detail-oriented with strong ownership and accountability
Able to prioritize and adapt in a dynamic environment
Operates calmly under pressure and demonstrates professional maturity
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Worksite address
new york, NY, 10261, US
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.