Citi Group USPB Retail Financial Crimes Policy Adherence Head - C15 

Honduras, Copán 

376534430

With the changing global environment, Citi reprioritized focus on financial crimes,creating a new Financial Crimes and Fraud Prevention (FCFP) organization. This fusion will streamline accountability and responsibility for Risk & Control activities and deliver process consistency to protect the firm against emerging financial crime risks.

This role reports into the Head of USPB Financial Crimes Policy Adherence and Engagement.

Responsibilities:

• Managing Financial Crime Regulatory and Policy initiatives as required, such as the implementation of new or enhanced business products and services, control enhancements and or sunsetting, and related project management work efforts.
• Sponsor the identification and resolution of BSA/AML/Sanctions/ABC Policy gaps, control enhancements, implementation assessment regarding financial crimes policy and regulatory requirements, collaborating with the business in development of sustainable solutions to meet policy requirements and risk mitigation.
• Review and challenge all relevant artifacts/evidence to ensure that the letter and spirit of the policies are being addressed within issues and or corrective actions plans.
• Lead activities to simplify and streamline the operationalization of BSA/AML/Sanctions/ABC and Transaction Monitoring policies on behalf of the USPB business, ensuring ongoing risk mitigation, efficient and effective execution to policy
• Sponsor/Own revisions and ongoing governance of the appropriately owned Financial Crimes execution policy and procedures (ex. FinCEN CDD rule/ CIP-P) for USPB.
• Sponsor/Own regulatory matters on behalf of the business, including enforcement actions, and new laws, regulations, rules, impact assessments and implementation plans relating to the business/product/function supported.
• Facilitate both gap and root cause analysis (RCA) exercises between Legal, Compliance, Operations, Technology, Risk, and the line of business to create action plans that provide resolution and ensure policy adherence.
• Support development of relevant Policy Adherence and scorecard material as necessary for presentation at senior level governance forums as well as for meetings with stakeholders such as Regulators, 2nd and 3rd Line of Defense and senior management.
• Represent Financial Crimes in appropriate global and regional forums/committees.
• Coordinate with management to appropriately assess risk and risk appetite as it pertains to Financial Crimes 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, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.
• Managing a team of multiple teams of Financial Crimes professionals. Developing, attracting, and retaining talent; recommending staffing levels required to carry out the unit’s role and responsibilities effectively while establishing and adhering to talent management processes and compensation and performance management programs. Mentoring and developing junior staff.

Job Qualifications:

• 12-15 years in the following: Transaction Monitoring, KYC, Risk, Operational Risk, Risk Operations, Policy Management with experience in compliance, legal or other control-related function in the within a large financial services firm, regulatory organization, or legal/consulting firm, or a combination thereof with at least 5 years of people leadership experience
• Strong executive presence with exceptional communication and interpersonal skills
• Deep functional knowledge of industry best practices and applicable BSA/AML/KYC/Sanctions/ABC rules, regulations, policies, processes, and frameworks.
• Detail oriented thought leader, with proven ability to question and identify opportunities within existing processes and business practices by leveraging previous experiences and knowledge of the business. This candidate must possess strong conflict resolution skills and ability to work in a complex environment with quick turnaround timelines
• Strong presentation skills with the ability to articulate complex problems and solutions through concise and clear messaging with people at all levels of the organization
• Demonstrated ability to assess complex issues through root cause analysis and other analytical techniques; structure potential solutions; drive to resolution with senior stakeholders.
• Proven leadership skills, with emphasis in high-stakes and high-visibility scenarios
• Advanced analytical skills

Education

• Proficient in MS Office applications (Excel, Word, PowerPoint)
• Bachelor’s degree required; Advanced degree preferred.
• Relevant AML and/or Sanctions Certification desired

Anticipated Posting Close Date:

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