Job Description

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

Work Experience:

• 5-7 years of relevant work experience mainly in Trade Finance Operatio

This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required. Business/ Department Objectives: We are looking for an individual who is ready to work in a challenging and competitive environment. Someone who has the knowledge of trade concepts and can attend to authorization of Bills & Trade Payments presented under Documentary Letters of credit, Standbys, Bank to Bank Reimbursements and Payments. Candidate should be open to work in a dynamic environment wherein individual skills combine with team’s performance to determine the success of the unit and should be open to work in any shifts. Core Responsibilities: 1. Essential functions and Responsibilities > Authorizing transactions relating to Trade Services & Finance > Review, analysis and implementation of control measures to prevent, financial, reputational and operational risks > Monitor various queues for incoming transactions and ensure they are actioned promptly as per SLA. > Ensuring Nostro, Suspense, Inter-Branch and other related accounts are in order > Ensuring internal recon activities are performed on a timely manner. > Able to understand, comprehend and deliver customer requirement effectively and promptly. > Handle customer / bank queries pertaining to all trade products via SWIFT. > Ensuring the compliance of txns to the US regulations policies and procedures. > Liaising with internal teams to effectively deliver customer requirement. > Building cordial relationships with all stakeholders. > Identify process gaps and work on building controls. > Preparation of daily / weekly/ monthly reports are provided as per the requirement. 2. Risk and Control a. Adhere to internal policies to ensure compliance with legal parameters as well as company policies and procedures b. Maintain performance metrics to track defects, productivity. c. Assist unit for audit preparation and necessary actions for clean audit results 3. Migration and Project management a. Support/ participate in new/ongoing projects/migrations and ensure smooth cut over with minimized risks – internal and external b. Assist in developing and maintaining training database, training materials, and trackers for the migration c. Support training for new staffs. Ensure training and parallel run are well planned and executed without impact on delivery d. Participate in cross functional projects at unit level 4. Revenue and Cost management a. Give suggestions or participate in process improvements and cost improvement initiatives Percentage of Travel: NO No Yes, 10% of the Time Yes, 25% of the Time Yes, 50% of the Time Yes, 75% of the Time Yes, 100% of the Time Relocation: (no here would mean that business would not consider outstation candidate) Other: This is a Night Shift Role - 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. Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi. View the "EEO is the Law" poster. View the EEO is the Law Supplement. View the EEO Policy Statement. View the Pay Transparency Posting