Sanctions Operations Analyst (Data Entry)

Extraction of data elements that are subject to Sanctions Screening received from customers as supporting documentation. The position has decision-making over escalation/closure of cases. Serves as an operations analyst for CSC Cash Operations for LATAM responsible for enforcing internal strategies, policies, procedures, 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 enforcing that all processes/geographies comply with global standards and 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 from across the firm and work with contacts in the 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.

Responsibilities:

• Analyzing supporting documentation received from customers to extract data elements that are subject to Sanctions Screening.
• Report 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 enquiry 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 regulation policies.
• Ensure that all alert analysis and investigations are performed within 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 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.
• 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 not adherence to the Framework by accountable front line units.
• Overseeing adherence to procedures and processes, to ensure compliance with policies ensuring that front line units meet required standards