Citi Group Managing Director-Anti-Money Laundering AML 

United States, Florida 

74653213

The AML Prevention Head reports to the Global Head of AML and is responsible for the oversight and execution of the end-to-end design of the AML Prevention pillar. This includes oversight and management of the following:

• AML KYC Program
• AML Product Risk Program
• AML Digital Risk program

Specific Responsibilities Include:

• Define and implement the global strategy and design of the Global KYC program
• Lead the end-to-end process for all KYC-related policies, standards, and guidelines aimed at setting the framework for execution of risk processes and management of AML risk in adherence to the strict standards specified by Citi's principal Regulators, Compliance Testing, and Internal Audit.
• Act as the Subject Matter Expert for KYC-related matters, provide input and guidance, as well as establish the framework necessary to effectively implement the KYC Policy and related Standards.
• Act as a primary stakeholder with Compliance Technology and the various businesses to ensure that the CitiKYC platform operates effectively and efficiently to address KYC requirements.
• Represent global KYC function to our Auditors and Regulators at a senior level and represent Citi in industry AML bodies.
• Make all necessary decisions in the Global KYC Program Design context to ensure that Citi's reputation and franchise is protected in the context of personal responsibility and in some situations liability for those decisions.
• Develop innovative solutions and apply effective problem solving to remove any barriers and challenges to the effective execution of overall KYC strategy.

• Perform credible challenge of business New Product Approval submissions
• Drive consistency in AML’s approach to Product Risk across all Lines of Business by continuing to develop a global Product Risk framework
• Senior point of escalation for Digital Risk matters, including credible challenge of prospective clients with a Digital Assets (including Virtual Assets) nexus, engaging with regulators on exposure to the sector, and responsible for the Virtual Asset Service Provider framework overall.

• Drive continuous improvement and modernisation of each of the Global KYC, Product Risk and Digital Risk programs.
• Define and Execute globally appropriate projects mandated by Citi's Regulators in terms of content, quality and timeline.
• Manage and influence relationships with senior Compliance and Global Business leads.
• Chair and/or contribute to senior global committees, including the Global KYC Program Committee, and AML NPA Executive Committee
• Operate, for all of the above, as an effective member of the Global AML Leadership Team responsible for the execution of these responsibilities globally and consistently in line with our commitments to Citi's Regulators.

Skills:

• The ability to understand complex AML risk and operational issues and develop practical and effective solutions.
• Leadership and management of complex and/or operational functions including a comprehensive understanding of the regulatory and compliance environment surrounding foreign correspondent banking
• A proven record of accomplishment of effectively presenting information to senior management.
• The ability to handle multiple projects associated with a wide array of stakeholders (e.g. Business, Technology).
• The ability to develop talent and appropriate subject matter expertise.
• Experience with managing complex regional and global projects.
• Proven change management skills.

The role requires highly developed risk management, people management, organizational, communication, negotiating and influencing skills, together with the ability to problem solve and think strategically, and to manage multiple deadlines across competing priorities. Also required are highly developed inter-personal skills, relationship management and influencing skills, as is the ability to operate at a senior executive level and combine strategic thinking with focused execution.

Knowledge and Experience:

The role requires an individual who has a broad knowledge of global AML regulatory matters including an extensive understanding of key AML and reputational risks. The desired candidate is required to have a Bachelor’s degree or equivalent work experience, 15 years of AML/KYC experience, including 5 years in senior managerial roles and experience in program management.

Anticipated Posting Close Date:

View the " " poster. View the .

View the .

View the