Role :   Job Opportunity : TTS CO/Trade Operations Representative
Location :   1. Douala-Littoral
Company URL :   http://www.citibank.co.uk

Description:

JOB VACANCY - CitiBank Cameroon : TTS CO/Trade Operations Representative, DOUALA

Job Req ID 23704021 Location(s) Douala, Cameroon Job Type On-Site/Resident Job Category Transaction Services
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TTS CO/Trade Operations Representative is an intermediate level role responsible for executing complex transactions and participating in complex processes in coordination with the Transaction Services team. The overall objective is to act as a subject matter expert while processing all regular transfers, payments, trade transactions, while ensuring adherence to Regulations in place. The Trade Operations is responsible for handling processing of all Bank Trade transactions including but not limited to Letters of credit (Import, Export), Standby Letters of Credit (SBLCs), Letters of Guarantees, Collections (Import and export),Offshore Loans.

Staff also supports Cash Functions within the IPU/Cash Ops unit

Responsibilities:

Ensuring Trade transactions are processed accurately, on a timely basis, and in compliance with Client request, local law, FX regulations and US regulations.
Performing regular review and enhancement of Trade Processes and Procedures
Investigating and resolving issues on processing of Trade transactions
Ensure all Controls with regards to Trade are adhered to
Support Cash functions within the Cash Ops unit
Knowledge and mastery of Trade Procedures and Trade Products
Pre processing of trade transactions (ICs, LCs, ELCs, ECs, LGs, SBLCs) in accordance with customers applications and Trade policies and procedures.
Pre scrutiny of applications’ drafts (LC, SBLC, Guarantees)
Pre scrutiny of documents’ drafts
Preparing and scanning in TRIMS/TITAN Imaging of transactions for processing
EOD Trade Reconciliation
Management Control assessments updates
Archiving and Filing of documents
Investigations
Reconciliations of Trade related Nostro/Suspense accounts (Open items)
Regulatory Reporting
Proofing, (review and explanations of differences with adequate Corrective action plans)
Various MIS reporting for the business
Local ​Compliance on Foreign CCY(trade) outgoing payments for compliance to Regulation
Handling of Trade loans and other syndicated loan booking
Proper follow up and booking entries on inward and outward collection.
Reconciliation of nostros accounts.
Reconciliation of suspense account
Pre-scrutiny and scrutiny on bill discounted
Pre-scrutiny and scrutiny on loans request
Preparations of booking entries for loan and bill discounted.
Archiving and filing of documents
Perform EOD reconciliation
Prepare quality reports/
Prepare Regulatory Reports related to Trade
Complete Departmental Control Function checklist
Prepare proofs on trade related accounts
Maintain records for transaction volumes / statistics on all Trade products
Handle various projects for the team
Process all regular, restricted and legal transfers; which include processing of payments, receivables, trade transactions, liquidity flows and wholesale card activity
Ensure transactions are processed efficiently, act as a SME (subject matter expert), effective reconciliation and recommend process improvements
Evaluate and recommend solutions to problems through data analysis, technical experience and precedent
Anticipate and respond to requests for deliverables with internal and external clients and vendors
Contribute to and collaborate with cash & trade operations projects as needed
Develop comprehension of how the cash & trade operations team interacts with others in accomplishing objectives
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.

Qualifications:

Previous relevant experience preferred
Fundamental comprehension of financial industry regulations
Effective verbal and written skills
Effective communication and analytical skills
Good working knowledge of Excon regulation
Ability to work with minimal supervision
Dealing with diverse groups of people in different geographical locations.
Mastery of Bank Products
Exposure to both internal, external and Regulatory audit
Ability to detect minor unauthorized changes on Documents presented
General understanding of Bank products, foreign exchange local regulations
Quality oriented with high concentration on the job
Ability to efficiently prioritize the tasks to perform
Good level of security sense and fraud awareness
Leadership Skills, Good interpersonal skills and ability to communicate
High levels of integrity
Capacity to  work under pressure
Minimum 04 years experience

Education:

Bachelor’s/University degree or equivalent experience in relevant Financial Degree
International Certification in TRADE is an advantage
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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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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.

Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.

View the "EEO is the Law" poster. View the EEO is the Law Supplement.

View the EEO Policy Statement.

View the Pay Transparency Posting

All applications must be submitted ONLINE at : https://jobs.citi.com/job/douala/tts-co-trade-operations-representative/287/58596588304