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Trade Controls Analyst

Location: Mumbai
Company: Citigroup
Direct Employers
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This 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.
- 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.
- 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.
- 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.
- 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

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 (\EEO\Supplement\Final\JRF\QA\508c.pdf) .
View the EEO Policy Statement (\aa\policy.pdf) .
View the Pay Transparency Posting (\%20English\formattedESQA508c.pdf)
Citi is an equal opportunity and affirmative action employer.
Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.
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