Head Of AML UAE

United States Citigroup; Dubai; On-site; AED 300,000 - 600,000; Full time

Job summary

Citigroup in the United Arab Emirates seeks an AML Compliance Officer to lead multiple teams through managers, driving best-in-class AML policies and a robust control framework. You will ensure consistent reviews across entities and liaise with regulators and internal audit to address issues promptly.

The role requires deep AML expertise, senior stakeholder influence, and the ability to design and deliver effective training to businesses and compliance staff while safeguarding Citigroup and its

Qualifications

• 15+ years of FinCrime experience, preferably UAE or Middle East region.
• AML certification required.
• Previous work in a financial institution with AML focus.

Responsibilities

• Design, develop, deliver and maintain AML policies and controls.
• Ensure regular cross-entity reviews to validate control effectiveness.
• Improve governance and escalation framework for timely issue handling.
• Provide training to business lines and AML staff; participate in training design.

Skills

FinCrime expertise

Leadership

Communication

Presentation skills

Regulatory knowledge

Analytical thinking

Stakeholder management

Cross-cultural leadership

Education

Bachelor's degree

Master's degree preferred

Tools

AML frameworks

Job description

The AML Compliance Officer AMLCO

The AML Compliance Officer AMLCO manages multiple teams through other managers In-depth understanding of how own sub-function contributes to achieving the objectives of the function A good understanding of the industry direct competitors products and services is also necessary in order to contribute to the commercial objectives of the business Requires thorough understanding of strategic direction of the function within the relevant part of the business combined with a solid conceptual practical grounding in both the function and or area of expertise and related subject areas Excellent communication skills required in order to negotiate internally often at a senior level Some external communication negotiation may be necessary Responsible for executing functional strategy in area managed Determines approach to implementing functional strategy Accountable for end results budgeting planning policy formulation and contribution to future strategy of the area s Impact reflects size of team managed strategic influence on the business and interaction with other functions or businesses Full management responsibility for multiple teams including management of people budget and planning to include duties such as performance evaluation compensation hiring disciplinary actions and terminations and budget approval Shall be doing involved or responsible for diverse cross-discipline activities b b b Responsibilities b Design develop deliver and maintain best-in-class AML Compliance policies and practices provide a mechanism for identifying key money laundering risks and how the mitigation of those risks would be monitored and measured through a robust control framework Confirm that reviews are conducted consistently across each entity on a regular basis to validate that the controls identified are operating effectively Develop and improve upon the Governance and Escalation framework to inform senior management in a timely manner of emerging issues for promptly action and correction Establish a formal Feedback Channel with the Businesses Internal Audit and Compliance Assurance to validate that root cause analysis is performed proactively and communicated to relevant stakeholders through the established channel In addition review consolidate address and track to resolution significant issues identified through root cause analysis to senior management Furthermore validate that the feedback root causes from various channels is consolidated and shared within Compliance to allow for enhancements to Policy Standards and Learning amp Development as necessary Continually review and monitor the results from Manager Control Assessments MCAs to determine if changes are required Liaise with regulators externally and Citi Internal Audit and Compliance Assurance staff as appropriate including coordinating AML-related examinations audit and reviews document production and issue responses - to confirm that there is consistency in responses and issues are communicated across regions such that actions and conclusions are shared Provide adequate training is provided to the Business lines and other AML Compliance employees and as needed participate in the design and delivery of training as required to inform employees of the objectives of the program Lead and manage a diverse team of staff across multiple locations invest in the development of all team members to facilitate consistent execution Additional duties as assigned 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 as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards b b b Qualifications b 15 years FinCrime experience preferably UAE and or Middle East region AML certificationPrior work experience in a financial institution with job specific work experience in AMLSelf-motivated and detail orientedProactive leadership and motivational skillsConsistently demonstrates clear and concise written and verbal communication skillsAdvanced presentation skills with the ability to articulate complex problems and solutions through concise and clear messagingSignificant knowledge and expertise of AML regulations risks and appropriate controlsExperience in the design and implementation of AML programsDemonstrated ability to assess complex issues through root cause analysis and other analytical techniques structure potential solutions drive to resolution with senior stakeholdersAbility to influence and lead people across cultures at a senior level using sound judgment and successful execution understanding how to operate effectively across diverse businessesExperience with and previous exposure to internal or external control functions and regulators incl the US particularly banking and AML regulatorsLevel of comfort with creative tension across different lines of defense while maintaining professionalism and a shared goal of increased quality levels across the programProven ability to effectively assessing and managing competing prioritiesExperience managing diverse teams and comfort navigating complex highly-matrixed organizationsKnowledge of the laws applicable to money laundering including the Bank Secrecy Act The USA PATRIOT Act US Treasury AML guidelines OFAC requirements and Suspicious Activity Reporting requirements b b b Education b Bachelor s University degree Master s degree preferredJob Family Group ComplianceJob Family AML CoreTime Type Full timeMost Relevant SkillsAnalytical Thinking Business Acumen Credible Challenge Digital Skills Including AI Laws and Regulations Process Execution Program Management Referral and Escalation Risk Controls and Monitors Risk Identification and Assessment Other Relevant SkillsFor complementary skills please see above and or contact the recruiter 15+ years FinCrime experience, preferably UAE and/or Middle East region.AML certificationPrior work experience in a financial institution with job specific work experience in AMLSelf-motivated and detail orientedProactive leadership and motivational skillsConsistently demonstrates clear and concise written and verbal communication skillsAdvanced presentation skills with the ability to articulate complex problems and solutions through concise and clear messagingSignificant knowledge and expertise of AML regulations, risks and appropriate controlsExperience in the design and implementation of AML programsDemonstrated ability to assess complex issues through root cause analysis and other analytical techniques; structure potential solutions; drive to resolution with senior stakeholdersAbility to influence and lead people across cultures at a senior level using sound judgment and successful execution, understanding how to operate effectively across diverse businessesExperience with and previous exposure to internal or external control functions and regulators (incl. the US); particularly banking and AML regulatorsLevel of comfort with creative tension across different lines of defense while maintaining professionalism and a shared goal of increased quality levels across the programProven ability to effectively assessing and managing competing prioritiesExperience managing diverse teams, and comfort navigating complex, highly-matrixed organizationsKnowledge of the laws applicable to money laundering, including the Bank Secrecy Act, The USA PATRIOT Act, US Treasury AML guidelines, OFAC requirements, and Suspicious Activity Reporting requirements