Citi Group Business Risk Sr Group Manager - C15 LONG ISLAND CITY 

United States, New York, New York 

138247077

Citi Wealth AML Risk Management Lead – C15

Wealth delivers a wide range of products and services covering capital markets, managed investments, portfolio management, trust and estate planning, investment finance and banking. By building on the strengths and capabilities across Citi, we intend to transform the way we serve clients across the wealth spectrum, delivering the full range of high tech and high touch capabilities Citi can offer, and ultimately help them achieve their goals.

This role will require expertise in AML Risk Management in the retail brokerage/investment and private banking space. Ability to effectively and sustainably solution streamlined AML risk prevention measures is paramount. Excellent verbal and written communication skills are required, along with resourcefulness, out-of-the box thinking, and robust risk control acumen. Candidates must have experience in complex problem-solving as well as working across multiple businesses, regions, and functions.

Key Responsibilities

• Support an effective AML risk management governance framework
• Identify, assess and document inherent AML risks arising from Wealth business activities on an on-going basis, including as part of the new business/activity assessment, and existing products, services, client makeup, interaction channels and procedures
• Assess AML prevention and detection control effectiveness, including direction to MCA/RCSA design and execution
• Focus on continuous improvements to ensure controls are efficient, effective, streamlined, and sustainable
• Identify and escalate AML risk related control issues to governance forums
• Define and monitor remediation actions to manage residual AML risks to an acceptable level and in accordance with fraud risk appetite
• Support the development of AML risk appetite
• Source high quality AML risk related data that is complete, accurate and timely to enable the monitoring of AML risk profile
• Identify inconsistencies and other anomalies in AML risk related data
• Connect the dots with adjacent financial crime risk stripes, such as Sanctions and fraud
• Perform look-across/thematic review of internal and external events
• Identify/assess emerging risk, e.g., deep fakes, and drive Wealth effort to mitigate
• Participate in industry wide AML risk discussions to attain best practice and lessons learned
• Coordinate with Citi enterprise Financial Crimes & Fraud Prevention team, KYC operations and the 2nd LOD AML Compliance Risk Management team to proactively and seamlessly improve risk profile
• Provide adequate oversight of the change implementation plan to confirm that technology expenditures and operational resources are adequately deployed to improve KYC controls
• Lead the response to regulatory exams and audits
• Stay abreast of relevant changes to laws, rules and regulations that impact Wealth AML risk profile

Qualifications

• 15+ years of Financial Services work experience with focus on AML risk management
• Bachelor's degree required; Master’s degree preferred
• ACAMS preferred

Skill Requirements

• Strong process and project management skills, including the ability to manage several large initiatives simultaneously
• Detail oriented and analytical
• Ability to use broad knowledge and expertise to clearly define complex issues despite incomplete or ambiguous information
• Ability to create and maintain a network of strong partnerships across the regions/products/functions
• Provides well-reasoned, balanced assessments of issues and questions, in a timely fashion
• Considers broad implications of decisions on different functions and units
• Thinks strategically and articulates concepts clearly
• Ability to drive operating and culture change and has the long-term vision and leadership stamina to maintain course within a constantly changing environment.

• Demonstrate ability to synthesize information, prioritize business goals and drive results with a high sense of urgency
• Exceptional communication, executive reporting, influencing, and negotiation skills
• Accomplished change leader with a flexible approach and resilience to setbacks
• Openness to challenge and continuously challenging the status quo
• Self-motivated, highly adaptive, and able to work well under high stress
• Strategically minded with track record of execution excellence

Anticipated Posting Close Date:

View the " " poster. View the .

View the .

View the