This position serves as a core Compliance Officer for Independent Compliance Risk Management (ICRM)'s Compliance Independent Assessment (CIA) team responsible for assessing compliance risks and controls implemented by Citi's first and second line of defense. Ideal candidate is a strategic professional who stays abreast of developments within Financial Crimes (Anti Money Laundering (AML), Sanctions and Anti Bribery & Corruption (AB&C)) field and contributes to directional strategy by considering their application in this job and the business. Candidate is recognized to have technical authority in an area within the business and expected to have commercial awareness. Developed communication and diplomacy skills are required to guide, influence, and convince others, in particular, colleagues in other areas and occasional external customers. Candidate is expected to have significant impact on the area through exemplary action towards complex deliverables. Candidate will provide advice and counsel related to the technology or operations of the business. Work impacts an entire area, which eventually affects the overall performance and effectiveness of the sub-function/job family.
Responsibilities
Evaluate, enhance, and implement best -in-class Financial Crimes Compliance policies and practices.
Provide expert advice on AML Compliance policies to the AML/Financial Crimes Support teams and the business.
Perform AML Compliance quality and testing, evaluate process deficiencies, analyze control measures, enhance reporting capabilities, and recommend corrective actions while satisfying regulatory and audit commitments. Further, assess and identify emerging risks and recommend / drive program enhancements.
Evaluate and respond to escalated matters; further escalate unusual activity as needed. Advise senior management on next steps.
Create, develop, and deliver relevant training to business and functional partners.
Has the ability to operate with a limited level of direct supervision.
Can exercise independence of judgement and autonomy.
Acts as SME to senior stakeholders and /or other team members.
Appropriately assess risk when business decisions are made, demonstrating 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:
10-12 years of experience in large Financial, Regulatory and Risk management environments.
A comprehensive understanding of the regulatory and compliance environment surrounding Financial Crimes including AML, Sanctions and Anti Bribery & Corruption.
Awareness of Compliance Risk Management Framework, policies, standards, guidelines, and procedures as well as the ability to interpret regulations applicable to the organization.
Experience with auditing principles including audit planning, risk assessments, development of risks and controls matrices, processes and controls design assessments, controls operating effectiveness testing, transactional testing, and reporting activities.
Certifications in AML and auditing area preferred.
Effectiveness in working within a large scale and complex matrix organization is essential.
Excellent oral communication and writing skills in interacting with non-executives and executive management and across multiple business lines and control functions.
Recommends appropriate and pragmatic solutions to risk and control issues.
Applies knowledge of key regulations to influence audit testing review scope.
Develops effective line management relationships to ensure strong understanding of the business.
Advanced analytical skills Ability to both works independently and collaborate with team members.
Proficient in MS Office applications (Excel, Word, PowerPoint) and reporting tools like Tableau.
An individual contributor role focused on delivering high quality work independently, leveraging specialized skills & expertise without managing a team.
Education:
Bachelor's degree; experience in compliance, internal or external auditing, legal or other control-related function in the financial services firm, regulatory organization, or legal/consulting firm, or a combination thereof; experience in area of focus; Advanced degree or relevant certification a plus.
Master's degree preferred.
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Job Family Group:
Compliance and Control------------------------------------------------------
Job Family:
Testing------------------------------------------------------
Time Type:
Full time------------------------------------------------------
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