Cash & Trade Processing Intermediate Associate Analyst - B11 (Hybrid)

The Cash & Trade Proc Int Assoc Analyst is an entry level role responsible for assisting on any projects and initiatives related to cash management in coordination with the Transaction Services team. The overall objective is to ensure transactions are completed with accuracy and on time, while helping various internal roles related to cash management.

Responsibilities:

• A B11 OFAC Analyst is responsible for reviewing and researching funds transfer that contain potential matches to government sanctions or internal watch list. This includes determining if there is a true match, performing and documenting research, and escalating to compliance units when appropriate. In addition, they are responsible for several key functions beyond the standard analyst position. Responsible for a small team within the OFAC space.

  Functions:

• Review and action payment transactions held for sanction related matches
• Investigate and obtain additional information to make a sound decision
• Engage and escalate to various compliance and AML teams when appropriate
• Identify repetitive false hits and create managed exceptions.
• Accounting/Reconcilement of Citi’s OFAC Blocked Accounts.
• Regulatory Reporting.
• Interpreting and applying and OFAC licenses.
• Aged investigation reviews
• External Reject Monitoring.
• Identify opportunities for process improvement and follow through on implementation.

Qualifications:

• Self-motivated with strong time management skills
• Analytical and deductive reasoning skills
• Banking and payment knowledge including Swift, FED, and CHIPS is preferred
• Understanding of regulatory practices in AML, OFAC and sanctions is preferred 
• Ability to work in high-volume, high pressure processing environment
• Ability to multi-task and prioritize
• Flexible and able to shift between different functions quickly and efficiently
• Strong verbal and written communication
• Related experience in funds transfer and/or sanction screening
• Strong computer skills including Word and Excel
• College degree preferred
• Must be able to work occasional weekends

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.

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In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.

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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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