Controlled Disbursement Fraud

Citi • New Castle, DE

7d • $43,960 - $57,340 • Onsite

About The Position

The Cash and Trade Proc Rep 5 is an entry level role responsible for processing basic to relatively complex transfers in coordination with the Transaction Services team. The overall objective is to perform moderately complex cash & trade operation tasks, by providing processing assistance for assigned projects. This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required. This job description provides a high level review of types of work performed, other job-related duties may be assigned as required. Fraud MT110 Match Pay and Signature Verification exception processing -Review of DE/FI/NY checks daily to validate authentication of the items and obtain approval to pay from client decision -Perform MT110 match functions for FI clients -Generate financial adjustments for return items -Investigate and resolve any potential issues/cash breaks by coordinating efforts with other operational departments as may be needed -Work cases via PACT SI -Review of signature exception and obtain proper approvals.

Requirements

• 2-4 years of relevant experience
• Demonstrated basic experience in cash management processing and transaction services
• Proficiency with Microsoft Office tools and data entry skills
• Detail oriented
• Good time management skills

Responsibilities

• Perform cash management operations, such as cash handling, check processing, return items.
• Serve as a subject matter expert for User Acceptance Training (UAT) and training initiatives; train new team members and lower level personnel
• Participate in compliance related activities to minimize losses
• Assist with cash & trade operational project needs
• 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.
• Review of DE/FI/NY checks daily to validate authentication of the items and obtain approval to pay from client decision
• Perform MT110 match functions for FI clients
• Generate financial adjustments for return items
• Investigate and resolve any potential issues/cash breaks by coordinating efforts with other operational departments as may be needed
• Work cases via PACT SI
• Review of signature exception and obtain proper approvals.

Benefits

• medical, dental & vision coverage
• 401(k)
• life, accident, and disability insurance
• wellness programs
• paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED