Job description

  • Location:
    London - 30 Gresham Street
  • Department:
    Business Enablement and Oversight
  • Division:
    IBP Business Enablement
  • Employment Type:
    Full time
  • Salary:

Correspondent Bank Network Associate (6182)

Investec is a distinctive Specialist Bank serving clients principally in the UK and South Africa. Our culture gives us our edge: we work hard to find colleagues who'll think out of the ordinary and we put them in environments where they'll flourish. We combine a flat structure with a focus on internal mobility. If you can bring an entrepreneurial spirit and a desire to learn and collaborate to your work, this could be the boost your career deserves.

Embedded in our culture is a sense of belonging and inclusion. This creates an environment in which everyone is free to be themselves which helps to drive innovation, creativity and ultimately business performance. At Investec we want everyone to find it easy to be themselves, and to feel they belong. It's a responsibility we all share and is integral to our purpose and values as an organisation.

Research shows that some candidates can be reluctant to apply to a role unless they meet all the criteria. We pride ourselves on our entrepreneurial spirit here and welcome you to do the same – if the role excites you, please don't let our person specification hold you back. Get in touch!

Team Description

Correspondent Network Management are primarily responsible for the selection and management of the groups global network of banks and market infrastructures that facilitate all post trade flows. The team are also responsible for monitoring market developments and regulations to ensure Investec is at the forefront of changes

Objective of Role:
Are you a self-starter with a diligent approach to work and can do attitude? Do you have payments or securities operations experience? Are you experienced in management of correspondent bank relationships? We are looking for an individual to come and join the Correspondent Bank Network Management function within Operations.

The person we are looking for must be a self-starter with some prior back office / operations experience with a knowledge of payments being advantageous. The candidate will be expected to take on their own suite of relationships where they will act as the point person for Investec Bank plc and our underlying subsidiaries. The person will also be responsible for acting as a control  function, reviewing costs, managing external account repository and completing regular due diligence.

Key Responsibilities:-
Management of cash and custody relationships

Coordination of and attendance at external bank meetings, write up, distribution of call reports; follow up on actions seeing through to completion
Issue management and resolution for IBP and other entities as required

Development of market / industry knowledge; reviewing changes and analysing impacts to Investec
Completion of regular due diligence on correspondent network
Life cycle management of all external accounts
Management of billing process; tracking key costs and spend
Collation and distribution of NWM MI

Core skills and knowledge General
To act with integrity at all times and embrace the philosophy of treating our customers fairly (compulsory)

To act as an ambassador for Investec
Regulatory knowledge (CASS, PSD2, EMIR) as applicable to role (advantageous) 

  • Skills
    Good communication skills
    Organised and consistent
    Good problem solver, analytical
    Personable and presentable
    Ability to perform in a pressurised environment
    PC literate (not limited to Intermediate/Advanced Excel skills)

Technical knowledge – not all are essential
• Understanding of payments processing
• Understanding of settlement and custody process

Close map
London - 30 Gresham Street
30 Gresham Street, London, England, GB, EC2V 7QN

Meet the recruiter

Jess Sheehan


We commit to ensure that everyone is fairly assessed during our recruitment process.

Let us know if you need any reasonable adjustments to complete your application.

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