Compliance AML Intelligence Officer -VP

Bachelor of Business Administration (Management)

Nationality: Any Nationality

Vacancy: 1 Vacancy

Job Description:

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 may 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, and 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 judgment 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.

Fixed Term 8 Month Replacement while original analyst is on a 1 year leave of absence.