AML Compliance Risk Management Officer – Customer Risk & Regulatory Response

The Anti-Money Laundering Compliance Risk Management (ACRM) function is the second line of defence in mitigating money laundering and terrorist financing risks for Citi and its customers in the global marketplace. This role sits within the Customer Risk & Regulatory Response team under the Services AML Compliance Risk Management organization. Citi’s Services business line provides global payment solutions to meet our clients’ evolving and innovative needs.

The Customer Risk & Regulatory Response team provides strategic AML oversight and advisory for the Services line of business with a focus on emerging risk, customer related escalations, regulatory engagement and response, and modernization of the AML program. Services is a fast-growing business, and this team is at the forefront of managing and responding to this evolving risk. This role is multi-faceted to provide key coordination and management across the various areas within Services AML oversight including Payments & Innovations, Foreign Correspondent Banking, Payment Intermediaries and Securities Services.

Responsibilities:

• Provide support and coordination for the head of Customer Risk & Regulatory Response.
• Identify, vet, and address potential risks or escalated issues with the assistance of functional partners.
• Utilize information from global regulatory changes, new regulations, and internal policy changes to further identify new key risk areas.
• Provide support and liaise with regulators and Citi internal audit and independent compliance assessment staff for AML matters including coordinating AML related examinations, audit and reviews, document production, and responses.
• Challenge and assess the broader Services AML operating model for opportunities for efficiency and enhanced communication/knowledge sharing.
• Provide support and oversight for cross-functional ad-hoc AML projects, including leading on project work streams as needed which arise from time to time out of regulatory or environmental changes.
• Manage and collaborate with global stakeholders across functions and the three lines of defence.
• Participate in and manage various internal assurance processes including enterprise wide and horizontal risk assessments and compliance independent assessment reviews.
• Support the modernization of the Services AML program through strategic initiatives including operationalization of new risk detection tools.
• Assess complex issues, structuring potential solutions and driving to effective resolution with stakeholders while providing credible challenge of business products, processes, and systems.

 

Qualifications:

• 6-10 years of experience in AML compliance, financial crime investigation, or a related field.
• Anti-Money Laundering (AML) certification preferred.
• Working knowledge of AML regulatory requirements including local, US, and international laws
• Knowledge of payment industry trends, innovations, emerging risks as well as key regulatory risk drivers.
• Working knowledge of industry standards and practices
• Consistently demonstrates clear and concise written and verbal communication.
• Ability to manage high profile projects and regulatory deliverables.
• Excellent judgement and analytical skills with significant attention to detail.
• Ability to work collaboratively and cooperatively with other team members.

Education:

• Bachelor’s Degree/University degree or equivalent experience
• CAMS certification and/or advanced degree (MS, JD) preferred.

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:

Compliance and Control

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Job Family:

AML Compliance & Risk Mgmt

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Time Type:

Full time

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Primary Location:

Tampa Florida United States

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Primary Location Full Time Salary Range:

$103,920.00 - $155,880.00

In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.

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Anticipated Posting Close Date:

Aug 26, 2024

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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.

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