Job opportunity : TTS CO/Trade Operations Representative

Cameroon Desks
Location(s) : Douala, Cameroon 

Job Type : On-Site/Resident 

Job Category : Transaction Services

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.

  • 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.
  • 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
  • Bachelor’s/University degree or equivalent experience in relevant Financial Degree
  • International Certification in TRADE is an advantage
Job Family Group
  • Operations - Transaction Services
Job Family
  • Cash Management
Time Type
  • Full time
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.


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