The Cash and Trade Proc Analyst 1 is an intermediate level role responsible for executing complex transactions and participating in complex processes in coordination with the Transaction Services team. The overall objective is to act as a subject matter expert while processing all regular transfers, payments, trade transactions, and wholesale card activity.

Responsibilities:

• Process all regular, restricted and legal transfers; which include processing of payments, receivables, trade transactions, liquidity flows and wholesale card activity
• Ensure transactions are processed efficiently, act as a SME (subject matter expert) and recommend process improvements
• Evaluate and recommend solutions to problems through data analysis, technical experience and precedent
• Anticipate and respond to requests for deliverables with internal and external clients and vendors
• Contribute to and collaborate with cash & trade operations projects as needed
• Develop comprehension of how the cash & trade operations team interacts with others in accomplishing objectives
• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.

Qualifications:

• Previous relevant experience preferred
• Fundamental comprehension of financial industry regulations
• Effective verbal and written skills
• Effective communication and analytical skills

Education:

• Bachelor’s/University degree or equivalent experience

This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.

Job Description
The Transaction Service Analyst exists to support the Operations Administration Unit ensuring that independent monitoring of transaction processing activities, segregation of duties and strong controls are in place, consistent with the bank’s policies and procedures. To promote and monitor a robust Risk and Control environment in the Operations department through consistent adherence to established and emerging Citi policies, mitigating the risk of losses due to Fraud, Regulatory Fines and other Operational risk events. This role supports the key functions of Vendor Management, Proofs and reconciliation, Regulatory Reporting monitoring, Unclaimed Accounts management, Manage the process of Escheatment to the Government as required by regulations.
Responsibilities

•    Reconcile Cash Letters against customer deposits
•    Perform reconciliation of Manager’s Cheques against numbered forms log to account for all items.
•    Review TLM accounts reconciliations received from the GRU team; perform daily validation and follow up on Nostro Accounts, prepare and submit entries for manual matching, escalate exceptions to management and AO.
•    Prepare Audit Confirmations on behalf of clients and claim bill charges
•    Manage and coordinate the Inactive/dormant account process ensuring that inactive accounts are identified, flagged and monitored in accordance with local regulatory &/or internal policy of the Bank.
•    Perform daily review of all Inactive and blocked accounts and escalate to senior's accounts with unauthorized activities.
•    Compute stamp duty for negotiable instruments for remittance to the relevant authorities.
•    Prepare and submit EERS NAF File Upload (CSD, RTGS, PO, FXTS / E-gate / PaySwitch / Aperta / JamFIRMS)
•    Prepare and deliver O&T Control report: GMRS 161 weekly report; Exceeded Items 10 – 29 days and Exceeded Items greater than 30 days reports; GMRS Commentary input
•    Review Safekeeping Log periodically and ensure controls in place
•    Perform independent review of Numbered Forms
•    Performs monthly reconciliation and validation of both Onshore and Offshore IENC Loan accounts
•    Coordinate the MCA testing process for Operations; perform MCA testing including quarterly risk reviews and assessments; upload test results in CitiRisk System
•    Review and update Process Control Manual (PCM) for manually managed application/system
•    Perform monthly reconciliation and analysis of all unclaimed balances. Manage the process of escheatment to the Government as required by regulations.
•    Coordinate Information Security Administration in-country functions and manual entitlements; carry out EERs requests to update user profiles; manage semi-annual entitlements reviews process
•    Perform signature / power validation of documents received on behalf of clients against the verification system (SVS) to check for authenticity.
•    Scan original MPP (Manual Initiated Funds Transfers) received in country, via Citidocs in workflow queue and route for authorization.
Skills:
•    Proficient in MS Excel, Power Point, Word
•    Ability to quickly learn systems and applications
•    Sound understanding of operations controls and risk exposure
•    High productivity and learning capacity
•    Organization and high sense of responsibility
•    Highly detailed-oriented
•    Ability to work under pressure and manage deadlines
•    Attention to detail and intermediate problem solving skills
•    Demonstrates clear and concise written and verbal communication

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Job Family Group:

Operations - Transaction Services

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Job Family:

Cash Management

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Time Type:

Full time

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Most Relevant Skills

Please see the requirements listed above.

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Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

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Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.

 

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