Job Information
Citigroup Cash and Trade Processing Intermediate Associate Analyst in Getzville, New York
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.
Job Family Group:
Operations - Transaction Services
Job Family:
Cash Management
Time Type:
Full time
Primary Location:
Getzville New York United States
Primary Location Full Time Salary Range:
$55,341.00 - $73,050.00
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.
Most Relevant Skills
Please see the requirements listed above.
Other Relevant Skills
For complementary skills, please see above and/or contact the recruiter.
Anticipated Posting Close Date:
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.
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 (https://www.citigroup.com/citi/accessibility/application-accessibility.htm) .
View Citi’s EEO Policy Statement (https://www.citigroup.com/global/eeo-aa-policy) and the Know Your Rights (https://www.eeoc.gov/sites/default/files/2023-06/22-088_EEOC_KnowYourRights6.12ScreenRdr.pdf) poster.
Citi is an equal opportunity and affirmative action employer.
Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.