NAM Compliance

NAM Compliance Officer (Sanctions, AML, Trade) - C09 - MUMBAI

Citi’s Treasury and Trade Solutions (TTS) is a market leading, award-winning provider of cash management, cards and trade solutions to financial institutions, public sector and corporate clients around the world. With a global network spanning 90+ countries, we are uniquely qualified to service clients with local and cross-border interests and provide integrated reporting and management. TTS is a highly innovative organization with a strong digital agenda; new products and services are continuously being developed to meet our clients rapidly evolving treasury requirements and unlock new opportunities for growth.

We are currently looking for a high caliber professional to join our team as Cash and Trade Proc Analyst 1 - C09 (Internal Job Title: Cash and Trade Proc Analyst 1 - C09) based in Mumbai, India. Being part of our team means that we’ll provide you with the resources to meet your unique needs, empower you to make healthy decision and manage your financial well-being to help plan for your future. For instance:

• Citi provides programs and services for your physical and mental well-being including access to telehealth options, health advocates, confidential counseling and more. Coverage varies by country.
• We empower our employees to manage their financial well-being and help them plan for the future.
• Citi provides access to an array of learning and development resources to help broaden and deepen your skills and knowledge as your career progresses.
  
  

In this role, you are expected to:

Cash and Trade Proc Analyst 1 is an entry level role that involves analyzing cases relating to Compliance/AML issues and requires analytical skills and decision making in accordance with Citi internal policies, standards, procedures, and guidelines. Core Responsibilities: Risk and Control, Revenue and Cost management and Migration and Project management.

Job Responsibilities includes:

• Processing Standard
• Processing of day-to-day transactions as per local operating procedures with respect to Sanctions, AML, Anti-Boycott, Military Finance and other local compliance guidelines.
• Adhere to internal policies to ensure compliance with legal parameters as well as company policies and procedures
• Through knowledge of Sanctions policies of respective countries.
• Analytical skills to identify true and false match.
• Need to have good due diligence skill to perform research.
• Through knowledge of AML red identification and how to mitigate the same.
• US Anti-boycott knowledge is appreciated.
• Delivers as per Service Level Agreement at all times and ensure service quality is maintained
• Understand customer requirements, investigates and responds appropriately.
• Meet required productivity metrics set for the team
• Ensure tracking, accurate and timely resolutions of issues and exception raised
• Adhering to the latest compliance /Sanctions / FATCA/AML policies and guidelines
• Provision / deletion / modification of entitlements for user to access Citi applications. Trade Maintenance activities which include Customer Static Database maintenance, group profile maintenance etc. Completion of request and clarification / Intimation sent to end user.
• Managing sends site expectations via phone call / emails for query resolution / clarifications
• Decent knowledge of various trade products like: LC / Standby/ Accounting /Payments / Supply chain finance/ Compliance etc.
• Risk and Control
• Adhere to internal policies to ensure compliance with legal parameters as well as company policies and procedures
• Maintain performance metrics to track defects, productivity.
• Assist unit for audit preparation and necessary actions for clean audit results
• Migration and Project management
• Support/ participate in new/ongoing projects/migrations and ensure smooth cut over with minimized risks – internal and external
• Assist in developing and maintaining training database, training materials, and trackers for the migration
• Support training for new staffs. Ensure training and parallel run are well planned and executed without impact on delivery
• Participate in cross functional projects at unit level
• Helps in Continuous Review of operating procedures and highlights risks in processes and puts mitigating controls.
• Revenue and Cost management
• Give suggestions or participate in process improvements and cost improvement initiatives
  
  

As a successful candidate, you would ideally have the following skills and exposure:

• Bachelor’s/University degree or equivalent experience.
• 5-7 years of relevant experience
• Experience in the AML / Compliance / Sanctions sector like - Documentary Letters of credit, Standbys, Bank to Bank Reimbursements and Payments will be an asset.
• Effective verbal and written communication and analytical skills.
• Team player and able to work in highly challenging environment.
• Flexibility regarding working hours and working days.
• Open to working on a night shift supporting North America region.
  
  

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