Sanctions Operations Analyst - Entry-Level Compliance

Citi

Getzville (NY)

On-site

USD 55,000 - 68,000

Full time

14 days+

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Benefits offered by this job

Discretionary incentive and retention

Medical, dental & vision coverage

401(k)

Job summary

Citi in Getzville, NY is seeking an entry-level Sanctions Operations Processing Analyst to review and research funds transfers for potential government sanctions matches. You will determine if there is a true match, document findings, request information, and escalate to compliance units when appropriate.

Responsibilities include analyzing transactions, preparing reports, identifying false hits, and engaging AML teams for resolutions.

Qualifications

College degree preferred
Analytical and deductive reasoning skills
Banking and payment knowledge including ISO, Swift, FED, Chips is preferred
Understanding of regulatory practices in AML, OFAC and Sanctions is preferred
Ability to work in high-volume, high pressure processing environment
Ability to multi-task and prioritize
Strong verbal and written communication
Related experience in funds transfer and/or sanction screening
Strong computer skills including Word and Excel
Must be able to work occasional weekends and holidays
Bachelor’s/University degree or equivalent experience

Responsibilities

Review and action payment transactions held for sanction related matches
Investigate and obtain additional information to make a sound decision
Engage and eliminate to various compliance and AML teams when appropriate
Prepare and compile reports
Identify repetitive false hits
Identify opportunities for process improvement and follow through on implementation
Understand payment processing and formats
Crosstrain for various internal roles within the department, and provide back-up coverage for those roles as needed
Assist as required for control, risk, daily activities, and transaction services projects
Perform all required tasks within established procedures and controls to minimize losses
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.