Citigroup Inc
Compliance AML Lead Analyst - C13/ VP
Citigroup Inc, Tampa, Florida, us, 33646
The Compliance AML Execution Lead Analyst is senior professional responsible for performing risk and compliance reviews in coordination with the broader Anti-Money Laundering (AML) team. The overall objective is to utilize in-depth AML knowledge to review, analyze and conduct effective due diligence and investigations on higher risk cases that may be a potential risk to Citi. Responsibilities may also include review of cases completed by Analysts for timeliness and accuracy, coaching/training team members, as required, and assisting management in exams/audits, and mitigating operational risks.
Responsibilities:
Conduct investigations and research on potentially suspicious clients using various internal and external systems and databases
Conduct Cross Sector reviews among multiple Citi business lines.
Document and report the review/investigation findings and prepare case files with the required supporting documentation
Summarize, in writing, clear and concise findings of the investigations
Advise senior management on next steps and provide recommendations on the next course of action (relationship retention, termination, Suspicious Activity Report (SAR))
Manage risks by analyzing the root cause of issues and impacts to business
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.
This role my also be responsible for:
Review AML cases completed by Analysts to ensure that any material AML risks have been mitigated and case documentation is in accordance with the unit’s policies and procedures.
Carry out SAR Reporting Officer responsibilities by Reviewing/Approving Suspicious Activity Reports (SARs) drafted by Analysts consistent with FinCEN requirements.
Ensure SAR related regulatory timelines and requirements are followed by the team (i.e., 30 days for SAR; 120 days for supplemental SARs).
Review/Approve post-investigative actions recommended by Analysts, including relationship termination, Risk Rating Override, and KYC Feedback Loop.
Ensure that all errors and deficiencies identified by the Quality Assurance Team have been remediated.
Conduct personalized one-on-one or group mentoring sessions to explain processes, red flags, investigative strategies, techniques, changes in procedures, emerging trends and managerial directives.
Assist Analysts in overcoming performance related challenges.
Lead or assist with ad-hoc AML related projects.
Assist management with regulatory exams and other third-party reviews (e.g., IA, CA).
Perform complex, cross-sector, and/or high-risk reviews involving unusual transactional patterns, significant negative news, intricate business relationships, potential network activity, prominent/high-profile clients, entities designated as SDN/money laundering concern, and other sensitive matters.
Manage/mitigate operational risks by analyzing the root cause of issues and impacts to business, make recommendations to Senior Management on process and control enhancements.
This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.
Qualifications:
6 -10 years of experience
4+ years of experience in drafting and/or approving Suspicious Activity Reports (SARs) in accordance with applicable regulatory requirements
Understanding of advanced money laundering typologies and techniques, and investigative practices for detecting such activity
Ability to operate with a limited level of direct supervision
Ability to exercise independent judgement and autonomy
Proficient in MS Office
Proven analytical skills
Effective verbal and written communication skills
Comprehensive knowledge of AML regulations preferred
Responsible for volume, quality and timeliness of work product
Follows procedures and identifies opportunities to strengthen controls
Learns from experiences, adapts and improves, and welcomes challenge from others on processes and decisions
Takes ownership and accountability for delivering outcomes, takes responsibility for own work
Succeeds together: Builds strong relationships with stakeholders
Education:
Bachelor's/University degree, Master's degree preferred
Job Family Group:
Compliance and Control
Job Family:
AML Execution
Time Type:
Full time
Primary Location:
Tampa Florida United States
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.
Anticipated Posting Close Date:
Nov 12, 2024
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 (https://www.citigroup.com/citi/accessibility/application-accessibility.htm)
.
View the "EEO is the Law (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf) " poster. View the EEO is the Law Supplement (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf) .
View the EEO Policy Statement (http://citi.com/citi/diversity/assets/pdf/eeo_aa_policy.pdf) .
View the Pay Transparency Posting (https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp_%20English_formattedESQA508c.pdf)
Citi is an equal opportunity and affirmative action employer.
Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.
Responsibilities:
Conduct investigations and research on potentially suspicious clients using various internal and external systems and databases
Conduct Cross Sector reviews among multiple Citi business lines.
Document and report the review/investigation findings and prepare case files with the required supporting documentation
Summarize, in writing, clear and concise findings of the investigations
Advise senior management on next steps and provide recommendations on the next course of action (relationship retention, termination, Suspicious Activity Report (SAR))
Manage risks by analyzing the root cause of issues and impacts to business
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.
This role my also be responsible for:
Review AML cases completed by Analysts to ensure that any material AML risks have been mitigated and case documentation is in accordance with the unit’s policies and procedures.
Carry out SAR Reporting Officer responsibilities by Reviewing/Approving Suspicious Activity Reports (SARs) drafted by Analysts consistent with FinCEN requirements.
Ensure SAR related regulatory timelines and requirements are followed by the team (i.e., 30 days for SAR; 120 days for supplemental SARs).
Review/Approve post-investigative actions recommended by Analysts, including relationship termination, Risk Rating Override, and KYC Feedback Loop.
Ensure that all errors and deficiencies identified by the Quality Assurance Team have been remediated.
Conduct personalized one-on-one or group mentoring sessions to explain processes, red flags, investigative strategies, techniques, changes in procedures, emerging trends and managerial directives.
Assist Analysts in overcoming performance related challenges.
Lead or assist with ad-hoc AML related projects.
Assist management with regulatory exams and other third-party reviews (e.g., IA, CA).
Perform complex, cross-sector, and/or high-risk reviews involving unusual transactional patterns, significant negative news, intricate business relationships, potential network activity, prominent/high-profile clients, entities designated as SDN/money laundering concern, and other sensitive matters.
Manage/mitigate operational risks by analyzing the root cause of issues and impacts to business, make recommendations to Senior Management on process and control enhancements.
This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.
Qualifications:
6 -10 years of experience
4+ years of experience in drafting and/or approving Suspicious Activity Reports (SARs) in accordance with applicable regulatory requirements
Understanding of advanced money laundering typologies and techniques, and investigative practices for detecting such activity
Ability to operate with a limited level of direct supervision
Ability to exercise independent judgement and autonomy
Proficient in MS Office
Proven analytical skills
Effective verbal and written communication skills
Comprehensive knowledge of AML regulations preferred
Responsible for volume, quality and timeliness of work product
Follows procedures and identifies opportunities to strengthen controls
Learns from experiences, adapts and improves, and welcomes challenge from others on processes and decisions
Takes ownership and accountability for delivering outcomes, takes responsibility for own work
Succeeds together: Builds strong relationships with stakeholders
Education:
Bachelor's/University degree, Master's degree preferred
Job Family Group:
Compliance and Control
Job Family:
AML Execution
Time Type:
Full time
Primary Location:
Tampa Florida United States
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.
Anticipated Posting Close Date:
Nov 12, 2024
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 (https://www.citigroup.com/citi/accessibility/application-accessibility.htm)
.
View the "EEO is the Law (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf) " poster. View the EEO is the Law Supplement (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf) .
View the EEO Policy Statement (http://citi.com/citi/diversity/assets/pdf/eeo_aa_policy.pdf) .
View the Pay Transparency Posting (https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp_%20English_formattedESQA508c.pdf)
Citi is an equal opportunity and affirmative action employer.
Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.