Financial Crime Lead

Citigroup Inc.; Greater London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A global financial services company in London is seeking a Wealth Financial Crimes Manager to oversee AML, KYC, and Sanctions activities. This senior role requires extensive experience in financial crime regulations and project management. You will implement compliance initiatives, manage reporting, and coordinate with various stakeholders. The position offers a hybrid working model, competitive salary, and generous benefits, including a discretionary performance bonus and private medical insurance.

Benefits

Generous holiday allowance starting at 27 days

Discretionary annual performance related bonus

Private medical insurance

Employee Assistance Program

Paid Parental Leave

Qualifications

• 7-10 years of experience in AML, KYC and Sanctions.
• Experience in AML Compliance, Audit, Operational Risk or other control function.
• Experience managing complex projects.

Responsibilities

• Lead the implementation of AML, KYC and Sanctions initiatives globally.
• Manage reporting of AML, KYC and Sanctions metrics.
• Support high-risk client assessments.

Skills

Strong subject matter expertise across Financial Crime regulation

Experience across jurisdictions

Strong Project Management skills

Advanced Excel skills

Excellent communication and presentation skills

Education

Bachelor’s Degree

Master’s Degree Preferred

Financial crime qualification (i.e. CAMS)

Job description

The Wealth Financial Crimes Manager is responsible for leading key Wealth AML, KYC and Sanctions activities across Wealth globally. This role is accountable for ensuring that Wealth complies with Citi’s AML, KYC and Sanctions Standards and meets all regulatory commitments related to AML, KYC and Sanctions.

This role serves as a senior leader and subject matter expert and drives consistency of AML, KYC and Sanctions policies, procedures and technology across Wealth geographies, Products and Operations.

Position Responsibilities include:

• Lead the implementation of AML, KYC and Sanctions initiatives across Wealth globally.
• Partner with the regional Wealth teams to implement new AML, KYC and Sanctions requirements/procedure.
• Manage the reporting of AML, KYC and Sanctions metrics.
• Partner with the regional stakeholders teams to assess existing processes, identify enhancements, and implement consistent processes across Wealth.
• Partner with the regional stakeholders teams to identify control gaps and implement appropriate corrective action plans.
• Partner with the Control Partners (e.g., Compliance, Legal and Risk) to enhance processes and controls, including development of business requirements for technology enhancements.
• Represent Wealth on AML and Sanctions committee meetings.
• Prepare AML, KYC and Sanctions committee and meeting materials.
• Support in the on-boarding and assessment of high-risk clients, including determining any financial crime or reputational risk and coordinating the review by Senior Management.
• Support 2LOD colleagues in conducting investigations, reviews and assessments of potential money laundering, terrorist financing, sanctions or other financial crime related matters.
• Represent Wealth in the collation and co-ordination of responses / data for relevant annual regulatory reporting / questionnaires.
• Manage regional adherence to AML, KYC and Sanctions related policies and standards, including escalation of metrics outside risk appetite and implementation of appropriate mitigating controls (where applicable).

Knowledge/Skills Required:

• Strong subject matter expertise across Financial Crime regulation, guidance and risk mitigation strategies.
• Experience working across jurisdictions / geographies and regulatory environments, in particular UK, Europe and US.
• Strong Project Management skills.
• Strong organizational and analytical skills, including advanced Excel skills.
• Ability to work in a complex environment and meet aggressive deliverables and deadlines.
• Skillful co-ordination in working across a wide range of stakeholders both within and beyond the function.
• Excellent communication and presentation skills.
• Ability to work with all levels in the organization.

Experience/Education:

• 7-10 years of experience in AML, KYC and Sanctions.
• Experience in AML Compliance, Audit, Operational Risk or other control function.
• Experience managing complex projects.
• Bachelor’s Degree Required/Master’s Degree Preferred.
• Financial crime qualification (i.e. CAMS).

What we can offer you:

We work hard to have a positive financial and social impact on the communities we serve. In turn, we put our employees first and provide the best-in-class benefits they need to be well, live well and save well.

By joining Citi London, you will not only be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), but also receive a competitive base salary (which is annually reviewed), and enjoy a whole host of additional benefits such as:

• Generous holiday allowance starting at 27 days plus bank holidays; increasing with tenure
• A discretionary annual performance related bonus
• Private medical insurance packages to suit your personal circumstances
• Employee Assistance Program
• Paid Parental Leave
• Special discounts for employees, family, and friends
• Access to an array of learning and development resources

Alongside these benefits Citi is committed to ensuring our workplace is where everyone feels comfortable coming to work as their whole self every day. We want the best talent around the world to be energized to join us, motivated to stay, and empowered to thrive.

Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.

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