The Compliance Anti-Money Laundering (AML) Risk Management Senior Officer is a senior level position responsible for establishing internal procedures to prevent money laundering and assist in all matters concerning financial crimes in coordination with the broader AML team. The overall objective is to utilize established disciplinary knowledge to identify inconsistencies in data or result and formulate strategic recommendations on policies, procedures, and practices.

This role supports Citi’s North America (NAM) Investment Banking (IB) business, which is part of Citi’s Banking franchise, and is based out of Jersey City.

The Investment Banking AML team is responsible for identifying AML risks in the IB businesses, and working with IB to establish internal procedures, processes and controls to prevent and detect money laundering, and assist in all matters concerning financial crimes in coordination with the broader AML team.

This position reports to the Global Investment Banking AML Head and will act as their delegate, providing support and credible challenge to the NAM IB businesses across several areas, including the episodic deal due diligence, counterparty due diligence, and AML new product approval processes.

The Investment Bank provides advisory, debt and equity capital markets solutions for corporations, governments, and financial institutions, and a good understanding of these products and services is critical in this role, along with an excellent grasp of the AML regulations that apply to these products, including the FinCEN CDD Rule. As this role requires interactions with senior stakeholders across the three lines of defense, the successful candidate will require strong communication skills, a solution-oriented mindset, and the ability to adapt to a fast-changing business environment.

Responsibilities:

• Execute and implement firm-wide AML risk management policy and strategic direction

• Maintain AML compliance program for the business including assessment of risks and the development of policies, procedures, and governance

• Identify and assess risk, vulnerabilities, and opportunities for efficient and effective risk coverage

• Work within team and across business/functional line management to assess complex issues, structure potential solutions, and drive effective resolution within permissible statutory and regulatory frameworks

• Analyze data, prepare and present regional/global reports related to AML risk assessments

• Monitor AML related issues and escalations with senior management and global partners

• Evaluate and respond to escalated matters, further escalate as required, and advise senior management on next steps as needed

• Appropriately assess risk 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.

Qualifications:

• 10+ years of relevant experience

• Anti-Money Laundering (AML) certification preferred

• Experience in managing regulatory exams and relationships with examiners and auditors

• Extensive knowledge of appropriate regulatory requirements including local and US laws, international and industry standards

• Extensive knowledge of AML regulations, risks, and appropriate controls

• Strong written and verbal communication skills

• Demonstrated analytical skills

• Demonstrated leadership and motivational skills

• Ability to work with regional and global partners, and influence and lead people across culture and senior level

Education:

• Bachelor’s degree/University degree or equivalent experience

• Master’s degree preferred

This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.

Job Family Group:

Compliance and Control

Job Family:

AML Risk Management

Time Type:

Full time

Primary Location:

Jersey City New Jersey United States

Primary Location Full Time Salary Range:

$163,600.00 - $245,400.00

In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.

Anticipated Posting Close Date:

Dec 04, 2024

Citi is an equal opportunity and affirmative action employer.

Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi (https://www.citigroup.com/citi/accessibility/application-accessibility.htm) .

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Citi is an equal opportunity and affirmative action employer.

Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.