AtCiti , we connect millions of people across hundreds of cities and countries every day through our unparalleled global network. We provide a broad range of financial services and products to our clients – whether they be consumers, corporations, governments, or institutions – to help them meet their biggest opportunities and face the world's toughest challenges.
Citi'sTreasury and Trade Solutions (TTS)provides global solutions that can help clients drive their business forward while investing in innovation to bring new solutions to life.
We're currently looking for a high-caliber professional to join our team as aSanctions Operations Processing Analyst(Internal Job Title:Cash and Trade Proc Analyst 1 - C09 ) based inPenang, Malaysia . Being part of our team means that we'll provide you with the resources to meet your unique needs, empower you to make healthy decisions, and manage your financial well-being to help plan for your future.
The role of a Sanctions Operations Processing Analyst involves analyzing complex cases relating to Compliance/AML issues and requires analytical skills and research capabilities. The role will be required to carry out research on companies and their business to find out potential sanction-related issues. Detailed analysis on the Line of Business of Entities and inputs from intelligence sources on shipments will also be required to ensure that there are no AML/Fraud concerns. This research and analysis will be done in accordance with the Group's laid down policies and procedures. The role also requires building knowledge and expertise on global trends in Compliance and AML.
In this role, you're expected to:
Review and provide feedback on transactions escalated by processors related to various compliance regulations.
Prepare/Submit Reports to respective business units and retain records of U.S. Anti-boycott Regulations, Sanctions violations, U.S. Export Control, and potential money laundering situations on a monthly/quarterly basis.
Work closely with Global/Regional Compliance, Transaction Services Business Compliance Officer, CSIS, and Legal Counsel on compliance matters (as deemed necessary).
Ensure timely updates of Compliance Screening Procedures upon receipt of communication from Global information sources.
Prepare an annual compliance plan and training schedule to ensure yearly compliance training requirements are met.
Update Compliance training materials to reflect current trends.
Raise overall Compliance awareness by publication of bulletins and daily quizzes.
Participate in internal and external audit reviews.
Identify root cause analysis for compliance issues identified during Manager Control Assessment and undertake corrective action for immediate compliance.
Contribute to process improvement measures to serve our internal clients better.
As a successful candidate, you'd ideally have the following skills and exposure:
Relatively well-versed with all aspects of trade compliance.
1 – 4 years relevant experience.
Good PC software application knowledge.
Good communication and interpersonal skills.
Team player and able to work in a highly challenging environment.
Ready to work in flexible work timing.
Good at taking initiative proactively.
Good presentation skills.
Ability to conduct training.
Education:
A recognized tertiary qualification in Banking, Business, Finance, Economics, Accounting, or Management.
Job Family Group:Operations - Transaction Services
Job Family:Cash Management
Time Type:Full time
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.#J-18808-Ljbffr