Apply for this jobThis is a critical role with responsibility stretching across a number of functional and product areas. The successful candidate will be responsible for proactively provide support on trade controls to EMEA countries. Responsibilities: - Proactively plan for enhanced Trade (Trade Services - Letter of Credit & Guarantee / Export & Import Documentary Operations/Trade finance/Working Capital finance) controls and governance for UK Trade and other selected countries in EMEA region which need higher attention due to complexity of processes and other factors. - Understanding operational risk elements and build strong focus on Risk and Control in transaction processing. - Assist in coordination of EMEA/WE level various Trade related audits and reviews and be responsible to ensure satisfactory ratings for such reviews. - Oversight on outsourced service provider for the countries from Controls side. - Management and tracking Corrective Action Plans (CAPs) across the region to ensure that they are completed within time. - Proactive management of branch controls by providing direction on key control initiatives. - Ensure regular review of Balance Sheet Exposure Report (BSER) for EMEA Trade and address issues with the regional / global control teams. - Track and monitor processing errors and work with operations teams to ensure appropriate controls are put in place to avoid recurrence of issues. - Support ad-hoc process and in-country reviews to ensure strict compliance with all applicable procedures and guidelines. - Assist in designing, implementation and maintenance of regional operational procedural documents for regulatory requirements and controls including Sanctions, AML, Manual Payments, Regulation W, FATCA etc. - Support ad hoc tasks for Trade Operations / TTS Client Operations as may be assigned by Manager from time to time. Requirements: - Enthusiasm and strong desire to work in operations. - Strong knowledge of International Trade operations (Import / Export Letters of Credit, Guarantees, Letters of Credit confirmation, Guarantees/Letters of Credit advising, negotiation, International Chamber of Commerce (ICC) publications covering Documentary business and international trade, etc.). - Strong knowledge of Compliance including Sanctions and AML as applicable to International trade. - Good knowledge of Citi policies which are applicable for Trade (Trade Services - Letter of credit & Guarantee / Export & Import Documentary Operations/Trade Finance/Working Capital finance). - Ability to map and re-engineer processes for control efficiency. - Extensive experience in process improvement. - Knowledge of key Citi systems. Qualifications: - Confidence, self-motivation and lots of initiative. - Ability to build working relationships with Regional, Country, Global operations, Technology, Compliance and Product partners. - Good verbal and written communication skills. - Fluent English. - Ability to work in team environment. Education: - Bachelor's/University degree or equivalent experience. Development value: - Excellent exposure to EMEA Trade Operations and engagement with EMEA countries. - Exposure to remote managing outsourced operations functions in low-cost locations. - Interface with senior management in London, EMEA countries.
Job Family Group: Operations - Transaction Services
Job Family: Cash Management
Time Type: Full time
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