Cash and Trade Operations Analyst at Citi Bank

Akwajobs   (Douala, Littoral Cameroon)

Posted : 16 February, 2022

Category : Banque, Assurance, Finance   Location : Douala, Littoral Cameroon

Job type : Full Time

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The Cash and Trade Operations Analyst, Scanning desk is an entry level role responsible for processing basic to relatively complex transfers in coordination with the Transaction Services team. The overall objective is to perform moderately complex cash & trade operation tasks, by providing processing assistance for assigned projects.

Responsibilities:

• Pre-scrutiny of all transactions received at the counter or from various units
• Scanning of documents in various business application
• Prepare Report  of outgoing  payments scanned, pending transaction reports, recording the list of Cross Boarder Funds transfer, scanned as part of input to enable various report owners compile various regulatory & customer reports
• Printing & checking for completeness of Compliance documentation for Cross Boarder Funds transfer received at the counter and through other means
• Perform assigned Departmental Control function checklist items on a regular basis( Weekly) for scanned transaction
• Filling of source documents for transactions scanned
• Handling internal clients (Relationship managers, Citiservice ) Investigations on Cross Boarder Funds transfer and other transactions
• Prepare non complex memo for customer outstanding items eg: Check books, unprocessed transaction, incomplete transaction requiring follow up
• Update of the  Deferral tracker for pending documentation and pending transactions 
• Assist too attend to customer at the counter and receive transaction documentation for scrutiny
• Perform cash management operations, updating outstanding check processing, return items and items pending collection by the customers
• Provide processing assistance where needed for firm payments, receivables, trade transactions, liquidity flows as needed
• Serve as a subject matter expert for User Acceptance Training (UAT) and training initiatives; train new team members and lower level personnel
• Participate in compliance related review activities to minimize losses
• Assist with cash & trade operational projects as needed
• 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:

• 2-4 years of relevant experience
• Demonstrated basic experience in cash management processing and transaction services
• Proficiency with Microsoft Office tools and data entry skills

Education:

• University Degree

 

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

 

Responsibilities include

• Pre-scrutiny of all transactions received at the counter or from various units
• Scanning of documents in various business application
• Prepare Report  of outgoing  payments scanned, pending transaction reports, recording the list of Cross Boarder Funds transfer, scanned as part of input to enable various report owners compile various regulatory & customer reports
• Printing & checking for completeness of Compliance documentation for Cross Boarder Funds transfer received at the counter and through other means
• Perform assigned Departmental Control function checklist items on a regular basis( Weekly) for scanned transaction
• Filling of source documents for transactions scanned
• Handling internal clients (Relationship managers, Citiservice ) Investigations on Cross Boarder Funds transfer and other transactions
• Prepare non complex memo for customer outstanding items eg: Check books, unprocessed transaction, incomplete transaction requiring follow up
• Update of the  Deferral tracker for pending documentation and pending transactions 
• Assist too attend to customer at the counter and receive transaction documentation for scrutiny
• Perform cash management operations, updating outstanding check processing, return items and items pending collection by the customers
• Provide processing assistance where needed for firm payments, receivables, trade transactions, liquidity flows as needed
• Serve as a subject matter expert for User Acceptance Training (UAT) and training initiatives for items related to the job performed. Train new team members and lower level personnel
• Participate in compliance related review activities to minimize losses
• Assist with cash & trade operational projects as needed
• Monitoring of electronic transactions received via Citidirect online  banking.
• Follow up for processing of transactions on hold.
• Archiving and filing of documents
• Good knowledge of cross border funds transfer and Exchange control regulation (trade procedure and trade product).
• Good working knowledge of Exchange control Regulation
• Ensure Clearance of transactions in relation to Exchange control regulation
• Ensure all customers transactions/requests received are thoroughly reviewed for completeness and compliance and timely and accurately processed.
• Ensure assigned regulatory reports are submitted timely and accurately

• Compiles and submits various Management reports (BSER, MIFT reports, GMRS etc)
• Ensures that bank records and valuables files are protected in fireproof cabinet and controlled.
• Performs DCFCs and MCA on a regular basis (daily, weekly, or monthly).
• Reports timely to the supervisors or to the higher management, any issue damaging the bank
• Act as a back up to other operations and processing units, Clearing, Funds transfer and Trade unit

 

What are the key challenges/changes the incumbent will have to face from the market place and internally?

• Varied work assignments requiring attention to detail, frequent careful choice in timing and sequence of procedures and steps.
• In-depth knowledge of various products is required in order to work effectively
• Ability to work effectively and efficiently in a fraud-prone environment.
• High impact in terms of risk and delivery responsibilities
• Processing errors leading to unauthorized payments.
• Adverse economic conditions that calls for honesty.
• Ensuring high quality delivery to customers
• Managing high volumes of transactions and Regulatory request

 

Skills:

• Good skills in technical report writing,
• Initiative to do what is right without being told.
• Ability to detect alterations on instruments presented
• General understanding of Bank product, Fx local regulations
• Quality Oriented
• Fast learner
• Team player
• Good interpersonal, decision making and problem solving skills.
• Good computer skills
• Process improvement oriented
• Service delivery oriented
• Persistent patience and courtesy.
• Availability for extra work and none initially defined functions
• Ability to create favorable impressions and instill confidence
• High integrity level.

 

Competencies

• Proven record of project management with demonstrated achievement
• Varied work assignments requiring attention to details, frequent careful choice in timing and sequence of procedures and steps.
• Ability to work effectively and efficiently in a fraud-prone environment.
• High impact in terms of risk and delivery responsibilities.
• Large volume of processing and sometimes have to work under pressure.
• Working in a restricted area with limited free space requiring a lot of attention and good organization skills.
• High impact in terms of risk and delivery responsibilities and limited influence on product.
• Track record of exceeding performance expectations
• Demonstrates an appreciation of a diverse workforce. Appreciates differences in style or perspective and uses differences to add value to decisions or actions and organizational success.

 

DEVELOPMENT VALUE:

The job will expose the candidate to:

• Dealing with diverse groups of people in different departments such as ASU, Markets, Relationship Managers, Clients to an extent etc.
• Exposure to both internal and external customers, and Regulatory auditors
• Ensure standard approach

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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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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

 

Apply here: https://citi.wd5.myworkdayjobs.com/2/job/Douala--Cameroon/Cash-and-Trade-Operations-Analyst_22432081

 

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