FX Operations Team Leader

  • Full Time
  • Douala

Website CITI BANK

Job Req ID 24809470 Location(s) Douala, Cameroon Job Type Hybrid Job Category Transaction Services

 

By Joining Citi, you will become part of a global organisation whose mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.

Team/Role Overview

The FX Operations Team Leader is an intermediate supervisory level position responsible for providing leadership and direction for the activities performed by the Market Ops analysts in Cameroon, Ivory Coast and Senegal as related to FX trades processed by trading desks and branch offices in coordination with the Operations – Transaction Services team in those countries and including Gabon. The overall objective of this role is to ensure the seamless and timely delivery of FX transactions according to the regulatory requirements in those specific countries, and be the Markets Ops SME for these countries.

The role requires strong engagement and collaboration with the Central Bank at the mid-level.

What you’ll do

  • Execute Market Operations transaction processing related to FX Settlement < Regulatory reporting.
  • Responsible for handling and pre-arrangement all documentation and depositing/sending same through the flash drive to the Central Bank in the framework of the re/pre-financing process.
  • Monitoring of unsettled FX trades done by Markets Front Office staff.
  • Reconcile and confirm the receipt of LCY and FCY from the Central Bank.
  • Act as a checker for all the regulatory reporting about Markets activities in West & Central Africa.
  • Formulate procedures, and techniques and contribute to the development of new techniques that increase team productivity, ensuring entire team meets or exceeds performance goals.
  • Serve as an analytical and procedural expert, and as first point of escalation for Junior staff members, management and internal/external clients.
  • Escalate control gaps and issues to senior management as needed.
  • Identify control gaps during the settlement cycle and implements appropriate solutions to mitigate any risk or control losses.
  • Analyze data to identify control deficiencies and resolve discovered issues through implementing appropriate procedures.
  • Act as an advisor to new/junior staff.
  • 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.

What we’ll need from you

  • Extensive relevant experience
  • Experience in an FX transaction processing role in a top 5 local investment bank and or regulatory institution governing FX Pre-Financing and Cross Border FX activities
  • In-depth knowledge of settlement cycle concepts and procedures to resolve settlement issues with the central bank
  • Previous people management experience
  • Consistently demonstrates clear and concise written and verbal communication skills
  • Bachelor’s Degree/University degree or equivalent experience

What we can offer you

By joining Citi Cameroon you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week) but also receive a competitive base salary (which is annually reviewed) and enjoy a whole host of additional benefits that support you (and your family) to be well, live well and save well. Discover more HERE.

Alongside these benefits, Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day. We want the best talent around the world to be energized to join us, motivated to stay, and empowered to thrive.

Sounds like Citi has everything you need. Then apply to discover the true extent of your capabilities.

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Job Family Group:

Operations – Transaction Services

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Job Family:

Transaction Capture Services

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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.

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