Job Information
Citigroup Compliance AML Risk Management Senior Officer (Senior Vice President) in London, United Kingdom
The Compliance Anti-Money Laundering (AML) Risk Management Senior Officer is a senior level position responsible for establishing internal procedures to prevent money laundering and assist in all matters concerning financial crimes in coordination with the broader AML team. The overall objective is to utilize established disciplinary knowledge to identify inconsistencies in data or result and formulate strategic recommendations on policies, procedures, and practices.
This role supports Citi’s UK, Europe, Middle East and Africa (MEA) Investment Banking (IB) business, which is part of Citi’s Banking franchise, and is based out of London.
The Investment Banking AML team is responsible for identifying AML risks in the IB businesses, and working with IB to establish internal procedures, processes and controls to prevent and detect money laundering, and assist in all matters concerning financial crimes in coordination with the broader AML team.
This position reports to the Global Investment Banking AML Head and will act as their delegate, providing support and credible challenge to the IB businesses across several areas, including the episodic deal due diligence, counterparty due diligence, and AML new product approval processes.
The Investment Bank provides advisory, debt and equity capital markets solutions for corporations, governments, and financial institutions, and a good understanding of these products and services is critical in this role, along with an excellent grasp of the AML regulations that apply to these products. As this role requires interactions with senior stakeholders across the three lines of defence, the successful candidate will require strong communication skills, a solution-oriented mindset, and the ability to adapt to a fast-changing business environment.
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.
Qualifications:
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
Education:
Bachelor’s degree/University degree or equivalent experience
Master’s degree preferred
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 discretional annual performance related bonus
Private medical insurance packages to suit your personal circumstances
Employee Assistance Program
Pension Plan
Paid Parental Leave
Special discounts for employees, family, and friends
Access to an array of learning and development resources
Job Family Group:
Compliance and Control
Job Family:
AML Risk Management
Time Type:
Full time
Citi is an equal opportunity and affirmative action employer.
Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
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Citi is an equal opportunity and affirmative action employer.
Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.