The Cash & Trade Proc Mgr. is an intermediate level role responsible for ensuring transactions are processed accurately and on time in coordination with the Transaction Services team. The overall objective is to manage a Cash and Trade Operations team, apply in-depth disciplinary knowledge to reach solutions and ensure deliverables are completed efficiently and accurately.
Responsibilities:
- Review service quality, production systems, and client reporting within cash and trade operations
- Analyze complex and variable issues to resolve issues and ensure team deliverables meet performance and quality expectations
- Recommend quality reviews of cash management services, production systems, and client reporting
- Manage performance, identify areas of development/training and make recommendations for pay increases, promotions, terminations, hiring, etc. of team
- Contribute to planning, budget management and formulation of procedures
- Serve as backup to the Cash and Trade Operations Senior Manager
- 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, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.
Qualifications:
- At least 5 years of relevant experience in compliance checking (documents scrutiny).
- Acquire a good familiarity and commend of regulation issued by State Administration of Foreign Exchange （外汇法规）, The RMB XB related regulator from PBOC and RMB cross border Payment and Collection settlement. Including but not limited to:
- Goods and service trade.
- FDI (Foreign Direct Investment), ODI (Overseas Direct Investment) and foreign debt, capitalization foreign exchange settlement facilitation program.
- Reporting requirement from regulator.
- Familiar and master of foreign exchange and cross border RMB regulations under China Shanghai Pilot Free Trade Zone and other special area regulator in Shanghai, cross-border investment and financing etc.
- Known well of Bank FX Simplification Program(外汇展业)
- Excellent both English speaking and writing.
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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Most Relevant Skills
Please see the requirements listed above.
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Other Relevant Skills
For complementary skills, please see above and/or contact the recruiter.
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