Sanctions Operations Processing Analyst

1 week ago


Mumbai, Maharashtra, India Citi Full time US$ 9,00,000 - US$ 12,00,000 per year

At Citi, we get to connect millions of people across hundreds of cities and countries every day.  And we've been doing it for more than 200 years.  We do this through our unparalleled global network.  We provide a broad range of financial services and products to our clients – whether they be consumers, corporations, governments or institutions – to help them meet their biggest opportunities and face the world's toughest challenges.

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.

The TTS Sanctions Operations function supports sanctions processes globally across Citi's TTS business. This function strives to a) Make Sanctions processes a competitive advantage; (b) Drive efficient, agile technology and processes (c) Full compliance to strategic operating model across TTS lines of business (d) Build strong risk / controls focus, ensure minimal surprises and (e) Deliver on all targeted improvement programs.

We're currently looking for a high caliber professional to join our team as Sanctions Operations Processing Analyst. (Internal Job Title: Cash and Trade Proc Analyst 1 - C09) based in Penang, Malaysia. 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.

Role:

The role of a Level 2 Analyst involves analyzing matches generated due to transactions or clients onboarding screening against various government prescribed sanctions watchlists, internal lists and any other applicable regulations. This includes determining if there is a true match, performing and documenting detailed analysis and research, requesting more information if required from relevant stakeholders or clients, reporting and escalating cases to compliance team and acting in accordance with the instructions from compliance team. Analyst will be responsible to provide best-in-class service to clients while maintaining risk levels within the firm's risk appetite and protecting the franchise in a manner consistent with the Citi policies and risk framework across all TTS lines of businesses.

Key Activities:

  • Operate in a fast-paced environment that requires management of work queue.

  • Review and action matches held for compliance related matches.

  • Investigate and obtain additional information to make a sound decision.

  • Engage and escalate to various compliance and AML teams when appropriate.

  • Prepare and compile reports as applicable.

  • Identify repetitive false hits to explore and propose potential optimization opportunities.

  • Identify opportunities for process improvement and follow through on implementation.

  • Understand payment processing and formats.

  • Work closely with Global/Regional Compliance, Transaction Services Business Compliance Officer, CSIS and Legal Counsel on compliance matters (as deemed necessary)

  • Work with Client Service Teams to ensure client escalations are addressed timely and such instances are minimized over time.

  • Staying abreast of relevant changes to Citi sanctions policies, identifies impact of such changes on TTS procedures and proactively works with internal teams globally to adopt such changes in manner that is consistent with policies and is sustainable on the long run.

Education level and/or relevant experience(s)

  • Bachelors' degree in any subject would be preferred.

  • Experience in Transaction Banking products and handling regulatory / compliance matters.

  • 2+ years of relevant regional and/or global experience in a financial institution.

  • Any AML, Sanctions or compliance related certifications which have industry recognition would be an added advantage.

Knowledge and skills

  • Strong verbal and written communication.

  • Good PC software application knowledge, especially Microsoft Office applications.

  • Team player and able to work in highly challenging environment.

  • Ready to work in Flexible work timing.

  • Good presentation skills.

  • Ability to conduct training.

  • Organizational skills, ability to solve problems.

  • Making quick and reliable decisions upon completing controls

  • Cooperation and daily communication with other Citi branches globally

  • Cooperating with other teams in HUB and following the common goal approach

  • Monitoring of pending items portfolio, ensuring the expected timeliness

  • Identifying and reporting problems to a supervisor

#Sanctions

Job Family Group:

Operations - Transaction Services

Job Family:

Cash Management

Time Type:

Full time

Most Relevant Skills

Please see the requirements listed above.

Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

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.

View Citi's EEO Policy Statement and the Know Your Rights poster.



  • Mumbai, Maharashtra, India Citi Full time ₹ 9,00,000 - ₹ 12,00,000 per year

    The Cash and Trade Proc Analyst (Grade 09)   is an intermediate level role responsible for processing basic to relatively complex transfers in coordination with the Transaction Services team by way of executing Sanctions review in coordination with the Transaction Services team. While the overall objective is to perform moderately complex cash & trade...


  • Mumbai, Maharashtra, India Citi Full time ₹ 9,00,000 - ₹ 12,00,000 per year

    The Cash and Trade Proc Analyst (Grade 09)   is an intermediate level role responsible for processing basic to relatively complex transfers in coordination with the Transaction Services team by way of executing Sanctions review in coordination with the Transaction Services team. While the overall objective is to perform moderately complex cash & trade...

  • KYC Analyst

    1 week ago


    Mumbai, Maharashtra, India Wahed Full time ₹ 8,00,000 - ₹ 24,00,000 per year

    Performing research on prospective and existing clients related parties to identify and analyse a sanctions nexus.Relevant experience of Compliance activities particularly in relation to Sanctions preferred.Conduct internal and external outreach for EDD reviews, Negative news and PEP screening.Assesses whether alerts raised by sanctions screening systems...


  • Mumbai, Maharashtra, India Citi Full time ₹ 5,00,000 - ₹ 12,00,000 per year

    Discover your future at CitiWorking at Citi is far more than just a job. A career with us means joining a team of more than 230,000 dedicated people from around the globe. At Citi, you'll have the opportunity to grow your career, give back to your community and make a real impact.Job OverviewThe Cash and Trade Proc Analyst (Grade 09) is an intermediate level...


  • Mumbai, Maharashtra, India Kroll Full time

    Job DescriptionThe day-to-day responsibilities include but are not limited to:- Conduct investigations and analyses to evaluate client profiles in line with CIP standards, focusing on CDD and EDD globally.- Perform research on Politically Exposed Persons, sanctions, adverse media, and screenings using tools like World-Check, Regulatory Data Corp, and...

  • KYC Analyst

    11 hours ago


    Mumbai, Maharashtra, India Wahed Full time ₹ 8,00,000 - ₹ 12,00,000 per year

    About Wahed:We have a passion to reduce financial inequality and exclusion by building world leading financial products and services aimed at giving access to all. We are a New York headquartered Financial Technology (FinTech) company focused on serving values-based (shariah compliant) digital financial services to retail clients globally, starting with...


  • Mumbai, Maharashtra, India beBeeFinance Full time ₹ 90,00,000 - ₹ 1,50,00,000

    Finance ProfessionalJob Summary:Evaluate credit opportunities by assessing industry and business trends, preparing comprehensive financial models, including P&L, Balance Sheet, and cash flow statements.Present deal findings to senior management in a clear and concise PowerPoint format.Coordinate disbursement of sanctioned deals while liaising with internal...

  • Credit Analyst

    7 days ago


    Mumbai, Maharashtra, India Intellectual Capital Hr Consulting Full time ₹ 9,00,000 - ₹ 12,00,000 per year

    Credit Analyst - Wholesale Lending - SMEPreparation of Credit Appraisal notes for SME clients.Discuss with business on Terms and Conditions for risk assessmentsDiscuss with customers for obtention of information for preparation of CRANs.Monitor the accounts based on the terms stipulated by Sanctioning Authority.Prepare Monthly/Quarterly Monitoring Reports...

  • Security Analyst

    3 weeks ago


    Mumbai, Maharashtra, India SBI Operations Support Full time

    About the Role : We are seeking a proactive Security Analyst to join our growing Information Security team. The role focuses on threat detection, incident management, risk assessment, and compliance to safeguard critical systems and data. You will collaborate with cross-functional teams, ensure adherence to regulatory standards, and support continuous...


  • Mumbai, Maharashtra, India SBI Operations Support Full time

    About the Role:We are looking for Business Analysts to collaborate with stakeholders and ensure seamless execution of IT projects.The role includes requirement gathering, analysis, and Responsibilities:- Gather and analyze business/system requirements.- Prepare BRDs, solution documents, and process flowcharts.- Maintain version-controlled documentation.-...