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Compliance AML Risk Management Senior Officer (Senior Vice President)

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Citi

23d ago

  • Job
    Full-time
    Expert Level
  • Legal
    Banking & Finance
  • London

AI generated summary

  • You need AML compliance experience, certification, regulatory exam management skills, and extensive AML knowledge. Strong analytical, leadership, and cross-cultural influencing skills are essential. A degree is required; a master's is preferred.
  • You will implement AML policies, assess risks, develop governance, analyze data, monitor issues, and advise management on compliance matters while ensuring adherence to regulations.

Requirements

  • Relevant experience in AML Compliance role
  • Anti-Money Laundering (AML) certification
  • Experience in managing regulatory exams and relationships with examiners and auditors
  • Extensive knowledge of appropriate regulatory requirements including local and US laws, international and industry standards
  • Extensive knowledge of AML regulations, risks, and appropriate controls
  • Demonstrated analytical skills
  • Demonstrated leadership and motivational skills
  • Ability to work with regional and global partners, and influence and lead people across culture and senior level
  • Bachelor’s degree/University degree or equivalent experience
  • Master’s degree preferred

Responsibilities

  • Execute and implement firm-wide AML risk management policy and strategic direction
  • Maintain AML compliance program for the business including assessment of risks and the development of policies, procedures, and governance
  • Identify and assess risk, vulnerabilities, and opportunities for efficient and effective risk coverage
  • Work within team and across business/functional line management to assess complex issues, structure potential solutions, and drive effective resolution within permissible statutory and regulatory frameworks
  • Analyze data, prepare and present regional/global reports related to AML risk assessments
  • Monitor AML related issues and escalations with senior management and global partners
  • Evaluate and respond to escalated matters, further escalate as required, and advise senior management on next steps as needed
  • 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.

FAQs

What is the primary responsibility of the Compliance AML Risk Management Senior Officer?

The primary responsibility is to establish internal procedures to prevent money laundering and assist in all matters concerning financial crimes in coordination with the broader AML team.

Where is this position based?

This position is based out of London.

Who does this role report to?

This role reports to the Global Investment Banking AML Head.

What kind of experience is required for this position?

Relevant experience in an AML Compliance role is required, along with an Anti-Money Laundering (AML) certification.

What qualifications are necessary for this role?

A Bachelor’s degree or equivalent experience is necessary, with a Master's degree preferred.

What type of knowledge is important for this role?

Extensive knowledge of AML regulations, risks, and appropriate controls, as well as local and US laws and international industry standards, is important.

What are some benefits provided to employees in this position?

Benefits include a generous holiday allowance, a discretionary annual performance-related bonus, private medical insurance packages, and access to learning and development resources.

Is there an opportunity for career advancement within this role?

Yes, by joining Citi, there are opportunities for career growth and development within the organization.

What is the working model for this position?

The working model is hybrid, with up to 2 days per week working from home.

How does Citi approach diversity and inclusion in its hiring practices?

Citi is an equal opportunity and affirmative action employer, considering applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Finance
Industry
10,001+
Employees
1998
Founded Year

Mission & Purpose

Citigroup Inc. or Citi is an American multinational investment bank and financial services corporation headquartered in New York City. Citi's operation is to provide financial services that enable growth and economic progress. Core activities are safeguarding assets, lending money, making payments and accessing the capital markets.

Benefits

  • Live Well, Stay Healthy

    Citi provides programs and services for your physical and mental well-being including access to telehealth options, health advocates, confidential counseling and more. Coverage varies by country.

  • Paid parental leave

    We believe all parents deserve time to adjust to parenthood and bond with the newest members of their families. That’s why in early 2020 we began rolling out our expanded Paid Parental Leave Policy to include Citi employees around the world.

  • Save well, for now and your future

    We empower our employees to manage their financial well-being and help them plan for the future.

  • Keep learning

    Citi provides access to an array of learning and development resources to help broaden and deepen your skills and knowledge as your career progresses.

  • Be well, take time off

    We have a variety of programs that help employees balance their work and life, including generous paid time off packages.

  • Support Your Community

    We offer our employees resources and tools to volunteer in the communities in which they live and work. In 2019, Citi employee volunteers contributed more than 1 million volunteer hours around the world.