Citi Group Financial Crime Risk Officer Vice-President 

United Kingdom, England, London 

601490423

The individual is required to provide oversight and assurance that existing controls are both effective and consistent with Citi standards and applicable law. Further, the individual will assist the prompt identification of control issues, root cause assessment, sustainable and robust issue resolution and appropriate escalation. The individual will also work with counterparts across other Citi lines of business to share control best practices and support management of sanctions risk holistically across the firm.

What you’ll do:

• Understand business-owned products, services, as well as corresponding financial crimes-related controls, and processes (e.g., customer, relationship, and transactional screening).
• Provide financial crimes compliance/risk management subject matter expertise to the Services businesses to ensure the design and implementation of a coherent and effective control environment.
• Assess existing control framework, identify potential compliance gaps.
• Drive execution ensuring compliance with applicable laws, rules, and regulations, as well as effectiveness of the control environment.
• Ensure adequate mapping of risk and processes and clear control ownership.
• Create & maintain a robust partnership with the business heads, operations, technology and the second line of defense.
• Escalate, assist management and reporting of control issues.
• Drive a consistent and holistic approach to Financial Crimes risk management across Services.
• Ensure early engagement on new business initiatives to ensure timely support of commercial priorities and full adherence to global and regional risk management policies and procedures.
• Conduct reviews of financial crimes processes and procedures to ensure that both controls and processes are in keeping with policy and business expectations.
• Assure that controls have been implemented consistently, with appropriate supporting documentation.
• Maintain current knowledge and understanding of product innovation, client needs and of changing regulatory requirements to continuously assess impact and changes needed to existing control environment.
• Serve as an escalation point for issues or emerging from Services Operations, and Technology.
• Maintain oversight through review of metrics, monitoring of activity, and tracking of corrective action plans.
• Prepare and provide regular updates to senior management and various governance committees on control issues and/or enhancements.
• Work with other Financial Crime Risk teams to ensure a consistent holistic approach to financial crimes risk management.
• Ensure robust and adequate reporting to senior management.
• Help identify opportunities for streamlining processes and implement efficiencies that will lead to enhanced client experience.
• Support the timely response to regulatory inquiries.

What we’ll need from you:

• Bachelor’s/Universitydegree required; master’s degree desirable.
• Financial Crime certification preferred (ACAMS, ACSS etc.).
• Strong professional experience in Financial Services, in AML/Sanctions Compliance or Business/Product Operations and/or Risk & Controls with focus on Financial Crimes Risks.
• Knowledge and understanding of Payments, Correspondent Banking, Trade, Working Capital, and Liquidity Management products.
• Excellent interpersonal skills.
• Able to work independently and deliver according to strict timelines and quality standards.
• Demonstrated ability and confidence to challenge business management, escalate issues and press for change.
• Good oral and written communications skills; must be articulate and persuasive with the judgement and authority to provide insightful commentary to senior stakeholders.
• Able to drive change to business practices by working effectively across a global organization.
• Self-starting with the ability to multitask and prioritize.
• Proven people and team management skills.
• Project management and change capabilities are essential.
• Capable of prioritizing and multi-tasking in a dynamic, fast paced environment.
• Demonstrated analytical skills with follow-up and problem-solving capability.
• Ability to analyses a process and recommend ways to improve quality, controls, and efficiency.

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

Time Type:

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