Sanctions Operations Analyst

Review and disposition of Alerts generated through the screening of transactions and customers against the Sanctions List issued by the regulators and Non Sanctions lists. The position has decision-making over escalation/closure of cases. Serves as an operations analyst for CSC Cash Operations responsible for enforcing internal strategies, policies, procedures, and processes related to monitoring and escalation of sanctions alerts and regulatory requirements that Citi must comply with.

The position must also assess related sanctions risk exposure, self-manage the quality of sanctions control processes, and enforce that all processes/geographies comply with global standards to ensure those sanctions risks are properly managed and mitigated in order to protect the franchise. In addition, provides support for the collation of potential breaches of sanctions across the firm and works with contacts in Business and Compliance to ensure consistent and effective application and implementation of, and controls to evidence adherence to, relevant sanctions-related global standards, policies, and procedures.

• Analyzing alerts for customers/transactions with Sanction Screening list during account opening, before a transaction is processed or received, and/or during account maintenance.
• Reporting unusual client activities that might be related to sanctioned individuals, money laundering, or terrorist financing.
• Conducting searches and recording evidence from internal systems, the internet, commercial databases, and inquiries with business or Compliance contacts within the organization.
• Accumulating facts from investigations that will be utilized for Senior Management presentations, Compliance, Internal Audit, or any other related stakeholder to determine the compliance of a customer/transaction with Citi and regulatory policies.
• Ensuring all alert analysis and investigations are performed within the timeframe provided in the policy and stipulated in the SLA’s with the countries.
• Monitoring adherence to Citi’s Global Sanctions Policy and relevant procedures; staying current on key sanctions regulatory changes, key enforcement actions, and related industry trends.
• Interacting with relevant teams to raise awareness of sanctions trends, emerging issues, remedial actions, or enhancements to the program.
• Appropriately assessing risk when business decisions are made, demonstrating consideration for the firm’s reputation and safeguarding Citigroup, its clients, and assets by driving compliance with applicable laws, rules, and regulations, and escalating, managing, and reporting control issues with transparency.
• Making recommendations to the design and maintenance of a comprehensive written Operations Sanctions Framework (procedures and policies).
• Identifying and escalating material risks and significant instances of non-adherence to the Framework by accountable front line units.
• Overseeing adherence to procedures and processes to ensure compliance with policies, ensuring front line units meet required standards.
• Supporting efforts in connection with Internal Audit and functional regulators in Program exams and evaluations; tracking and challenging remedial actions from front line units.
• Editing sanctions-related reference materials; supporting the various electronic record-keeping logs for sanctions licenses, voluntary disclosures, subpoenas, etc.; participating in sanctions training programs.
• Additional duties as assigned.

• Excellent analytical and problem-solving techniques.
• Knowledge of AML and sanctions regulations, risks, and typologies.
• Knowledge of compliance laws, rules, regulations, risks, and typologies.
• Excellent written and verbal communication skills.
• Must be a self-starter, flexible, innovative, and adaptive.
• Strong interpersonal skills with the ability to work collaboratively and with people at all levels of the organization.
• Strong project management and organizational skills and capability to handle multiple projects at one time.
• Proficient in MS Office applications (Excel, Word, PowerPoint).
• 3 years of banking experience.
• Bilingual Spanish and English preferred.

• Bachelor’s/Universi…