Citi hiring FX Control Officer.

Primary Purpose :
This position reports to TTS Manager and is responsible for handling Clients Domiciliation process Import and Export, conducting transactions foreign exchange control as per local regulation and performing regulatory reports for payment and receivables. This position is responsible for ensuring that branch is in compliance with FX control regulation and sending timely regulatory reports.

In addition to above processing responsibilities, this position is Oil and Gas clients service requirements , supporting Markets for FX documentation to Central Bank and helping on MCA/GRC coordination.

Principal Accountabilities:
Domiciliation :
Print Document in Orbus (Custom office system) and verify their conformity
Perfom the domiciliation in orbus
Prepare the cover sheet for each domiciled file
Record domiciled files on Domiciliation Book
Open of import and export domiciliation files in local FX Control application and file them as per record management
Handling of requests from other banks to use our domiciliation files (answer to their SWIFT, update of local FX Control application, follow up until reception of their SWIFT of payment and stamped customs document, closure of related file in local FX Control application)
Update of local FX Control application with all FCY payments (import files + fx authorization)
Closure of export files after documents received from exporters
Update orbus book with partial payment and closure dates
Issuing commissions memos for Dom and FX files.
MIFT transfers

Verification of documentation for FCY transfers as per exchange regulation
Transmission to Citiservice for regularization if some documents are missing
Preparing free format messages in case of deferral with other banks
Transfers via Citidirect

Reception and printing of transfer order from cash center in Poland
Transmission to Citiservice any transfer received without documentation
Reception of documentation (from Citiservice or from reception)
Linkage of documentation with transfer order and checking of documentation as per exchange regulation
If documentation is missing, transmission to Citiservice for regularization
Typing of telex (free format) in flex in case of deferral with other banks
If documentation is ok, sending for processing (after update of sysfx see below)
Reports- Regulatory Reports

Citidirect report (daily) : reconciliation between Citidirect transfers received from cash center and processed
EOD report
Quarterly report to Central Bank on Import & Export domiciliation expired since more than 3 months
Annual report to central bank on “encaissement repatriation” during the previous year (in collaboration with treasury)
Handling deferrals of docs (recording in sheet and removing if regularized, filing all regularized deferrals) and preparation of deferral report circulated every Friday
Monthly DCFC
MCA Process
Other Regulatory reports as per RR inventory list of TTS Operations
Other tasks assigned by Management including