Cash & Trade Proc Associate Analyst 2 (Hybrid) - New Castle, United States - Citi

Citi

Verified Company

New Castle, United States

15 hours ago

Posted by:

Mark Lane

beBee recruiter

Description

The Cash & Trade Proc Assoc Analyst 2 is an entry level role responsible for assisting the function with any projects and initiatives related to cash management in coordination with the Transaction Services team.

The overall objective is to facilitate multiple complex transaction types from end to end, including escalation as needed.

Controlled Disbursements Counterfeit Review Analyst is responsible for identifying potential fraud across all Controlled Disbursement products. Requires good understanding of Fraud and reputational risk. The incumbent requires to work with internal and external line of business at all levels.

This individual will focus on identifying prospects and customers that pose a fraud or reputational risk, communicates these findings to management and other line of businesses to initiate account closure or denial.

Responsibilities:

Detect fraud timely to minimize Net Fraud Loss and Credit Loss
Liaise with other business unit to detect fraud effectively
Case monitoring of existing accounts with fraudulent check activity
Escalate suspicious cases to investigation unit by providing all relevant information in order to prevent loss to the client and Citi
Ensure all cases details are provided for accurate reporting
Review detailed fraud detection information from various sources that provide suspect or unusual activity requiring research and followup
Provide prompt and appropriate action on identified suspect customers and accounts to prevent potential losses and tracking the database for monthly loss avoidance goals and action taken
Draft and file Suspicious Activity Reports (SARs) consistent with FinCEN requirements
Maintain high level of productivity and accuracy
Other duties as assigned and or needed

Qualifications:

Four Year College Degree or equivalent experience.
Minimum 5 years of experience in reviewing customer transactions and information for identifying potentially suspicious activity and fraud reviews/investigations.
Experience in writing and preparing Suspicious Activity Reports (SARs) in accordance with applicable regulatory requirements preferred
Work experience in a financial institution with job specific work experience in Counterfeit Monitoring.
Excellent accuracy and strong attention to detail
Good organizational skills ability to multitask and prioritize
Strong analytical skills with the ability to detect patterns in wide range data sets
Experience in corporate banking services is an advantage
Excellent organizational and time management skills.
Excellent research skills including experience with online search tools.
Advanced proficiency in Microsoft Word, Excel, Access, and Outlook.
Strong attention to detail and followup skills.
Strong writing, analytical and communications skills. Must be able to multitask and complete projects on time.
Ability to understand and draw conclusions from research conducted.
Should be a selfstarter, and organized, and must have the ability to work independently, without supervision.

Education:

Bachelor's/University degree or equivalent experience

This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.

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Job Family Group:

Operations - Transaction Services

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Job Family:

Cash Management

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Time Type:

Full time

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Primary Location:

New Castle Delaware United States
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Primary Location Full Time Salary Range:
$48, $68,160.00

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Anticipated Posting Close Date:

Apr 16, 202- 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.

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