Sanctions Operations Processing Analyst - L2

Citigroup; Penang; On-site; MYR 60,000 - 80,000; Full time

Job summary

A leading global bank in Malaysia is seeking a Sanctions Operations Processing Analyst. In this role, you will analyze transaction matches against various sanctions watchlists, ensuring compliance and effective reporting. Candidates should have at least 2 years of experience in a financial institution, preferably with knowledge in regulatory matters. This position requires strong communication skills and proficiency in Microsoft Office. Join a team that promotes equality and growth while making a significant impact in the banking sector.

Qualifications

• 2+ years of relevant regional and/or global experience in a financial institution.
• Experience in Transaction Banking products and handling regulatory/compliance matters.
• Any AML, Sanctions or compliance related certifications which have industry recognition would be an added advantage.

Responsibilities

• Analyze matches generated from transactions or clients onboarding screening against sanctions watchlists.
• Engage and escalate to compliance and AML teams when appropriate.
• Prepare and compile reports as applicable.

Skills

Strong verbal and written communication

Good PC software application knowledge

Team player

Good presentation skills

Problem-solving

Education

Bachelor's degree in any subject

Tools

Microsoft Office applications

Job description

Sanctions Operations Processing Analyst - L2

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Job Overview

At Citi, we connect millions of people across hundreds of cities and countries each day. 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, driving efficient technology and processes and ensuring full compliance to strategic operating model.

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, reporting and escalating cases to compliance team and acting in accordance with the instructions from compliance team.

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 escalation 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.

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.

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