Director, Global Sanctions Risk & Controls - Wealth

Citigroup; Jacksonville (FL); On-site; USD 230,000 - 300,000; Full time

Job summary

Citigroup in Jacksonville seeks a Director, Global Sanctions Risk & Controls to lead the First Line of Defense sanctions risk management framework across Citi's Global Wealth businesses, including U.S. Retail Banking, Mortgage, USCC, Citi Private Bank, Wealth at Work, and Citi Private Client.

The role partners with Compliance, Legal, IRM, Operations and Technology to strengthen controls, regulatory responses, risk governance, and executive reporting, while enabling business growth and client

Qualifications

• 15+ years in sanctions, financial crimes, or related risk roles within financial services.
• Experience leading First Line of Defense risk programs in wealth management or private banking.
• Strong governance, stakeholder management and regulatory engagement skills.

Responsibilities

• Lead the First Line of Defense sanctions risk management program across Global Wealth and USCC.
• Establish and execute a multi-year sanctions risk strategy aligned with Citi's risk appetite.
• Drive governance, controls, and risk management across businesses, products, and geographies.
• Advise senior management on sanctions risks, geopolitical developments, and regulatory changes.
• Assess risk and ensure effective escalation and transparency of material sanctions risks.

Skills

Sanctions risk management

Regulatory compliance

Leadership

Strategic thinking

Stakeholder management

Education

Bachelor's degree in Finance/Business/Related field

Advanced degree preferred

Tools

ERM systems

Data analytics tools

Job description

The Business Risk & Controls organization is seeking an experienced and strategic leader to serve as Director, Global Sanctions Risk & Controls .

This role is responsible for leading the First Line of Defense sanctions risk management framework across Citi's Global Wealth businesses, including U.S. Retail Banking, Mortgage, USCC, Citi Private Bank, Wealth at Work, and Citigold/Citi Private Client globally. The Director will provide strategic leadership, oversight, governance, and execution of sanctions risk management activities to ensure risks are effectively identified, assessed, monitored, mitigated, and escalated across businesses, products, client segments, and jurisdictions.

The successful candidate will partner closely with Business Leadership, Compliance, Independent Risk Management, Operations, Technology, Legal, and Enterprise Functions to maintain a strong sanctions control environment while supporting business growth and client experience objectives. This role serves as the senior First Line of Defense lead for sanctions risk management across the Wealth franchise.

Reporting To: Head of Financial Crimes, Fraud, Sanctions & Reputation Risk, Business Risk & Controls

Key Responsibilities

Strategic Leadership & Risk Governance

• Lead the First Line of Defense sanctions risk management program across Global Wealth and USCC.
• Establish and execute a multi-year sanctions risk strategy aligned with Citi's risk appetite, business objectives, and regulatory expectations.
• Drive consistent governance, standards, controls, and risk management practices across businesses, products, and geographies.
• Serve as a trusted advisor to senior management on sanctions risks, emerging threats, geopolitical developments, and regulatory changes.
• Appropriately assess risk when business decisions are made, ensuring effective escalation and transparency regarding material sanctions risks and control issues.

Sanctions Risk Oversight

• Oversee the identification, assessment, monitoring, and mitigation of sanctions risks associated with clients, products, services, transactions, and geographic exposures.
• Ensure sanctions risks are appropriately addressed throughout the client lifecycle, including onboarding, due diligence, account maintenance, lending, investments, mortgage activities, and payments.
• Provide effective challenge regarding sanctions risk exposures and control effectiveness.
• Partner with business leaders to evaluate sanctions implications of new products, strategic initiatives, digital capabilities, and business transformation efforts.

Controls, Monitoring & Program Execution

• Oversee the design, implementation, execution, and enhancement of sanctions-related controls across key business processes and client journeys.
• Evaluate control effectiveness, identify opportunities for improvement, and drive sustainable enhancements that improve risk management and operational efficiency.
• Ensure adherence to Citi policies, standards, procedures, and applicable regulatory requirements.
• Oversee risk assessments, monitoring activities, and controls reporting to support effective management oversight and decision-making.
• Drive continuous improvement through process optimization, automation, and enhanced data quality.

Executive Reporting, Issue Management & Governance

• Establish governance routines and management reporting that provide transparency into sanctions risk exposures, control effectiveness, emerging risks, and remediation efforts.
• Develop meaningful key risk indicators, metrics, and management information to support executive decision-making.
• Present sanctions risk matters to governance committees, executive leadership, and business forums.
• Oversee the identification, tracking, escalation, and remediation of sanctions-related issues, audit findings, regulatory commitments, and corrective action plans.
• Ensure timely and sustainable resolution of identified control gaps and risks.

Regulatory Engagement & Stakeholder Management

• Lead business engagement during regulatory examinations, internal audits, compliance reviews, and independent assessments.
• Partner closely with Compliance, Independent Risk Management, Operations, Technology, Legal, and Enterprise Functions to strengthen sanctions risk management practices.
• Maintain awareness of evolving regulatory expectations and industry developments and assess resulting business impacts.

Leadership & Talent Development

• Lead and develop a high-performing team of risk and controls professionals.
• Foster a culture of accountability, collaboration, innovation, continuous improvement, and strong risk management.
• Create an environment that encourages constructive challenge, ownership, and execution excellence.

Qualifications

• 15+ years of experience in sanctions, financial crimes, compliance, operational risk, business controls, audit, or related disciplines within financial services.
• Significant experience supporting Wealth Management, Private Banking, Consumer Banking, Retail Banking, Mor