• Compliance AML Risk Mgmt Manager - VP Jobs in United Kingdom

  • Citibank India
  • United Kingdom, Uk
  • Save Job
  • 2 - 3 Years
  • Posted : above 1 month

Job Description:

Compliance AML Risk Mgmt Manager - VP - 19036424


About Citi

Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management Our core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of our clients

Citis Mission and Value Proposition explains what we do and Citi Leadership Standards explain how we do it Our mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress We strive to earn and maintain our clients and the publics trust by constantly adhering to the highest ethical standards and making a positive impact on the communities we serve Our Leadership Standards is a common set of skills and expected behaviors that illustrate how our employees should work every day to be successful and strengthens our ability to execute against our strategic priorities

Diversity is a key business imperative and a source of strength at Citi We serve clients from every walk of life, every background and every origin Our goal is to have our workforce reflect this same diversity at all levels Citi has made it a priority to foster a culture where the best people want to work, where individuals are promoted based on merit, where we value and demand respect for others and where opportunities to develop are widely available to all

The role reports to the Head of the Global AML Payment Intermediary Program and is required to provide Regional AML Compliance support and oversight for the Payment Intermediaries client segment in EMEA Treasury and Trade Solutions (TTS) and coordination with the Citi Commercial Bank AML team

Some key responsibilities

Providing day-to-day and AML risk assessment oversight for the following products, services Emerging Digital Payments and other high-risk client segments including Payment Intermediaries

Responsibility for the Payment Intermediary AML Program in EMEA that includes conducting client facing site visits and call reports, coordination of KYC documentation, and support of business teams

Provision of guidance to Payment Intermediary Oversight Committee (PIOC) on AML controls and specific risk factors of existing and future clients, providing recommendations on how to mitigate any issues including follow-up conversations with clients

AML approval and oversight of EMEA relationships (new and existing), including Committee escalation cases

Involvement in KYC renewal escalations/concerns/inconsistencies

Developing new and updating AML standards, programs, guidelines, procedures and related documents assuring, as appropriate, that AML compliance risks are adequately identified, assessed and controlled

Review and advise on new and enhanced products, procedures or client segments and applicable New Product Assessments

Development and administration of training and procedural materials

Assist with other ad-hoc projects, including leading on particular projects/workstreams which arise from time to time out of regulatory or environmental changes

EMEA support for internal and external exams and audits related to the Payment Intermediary program

Participate and act as a voting delegate for relevant governance committees

Engage with other AML/Sanctions/Monitoring/Legal functions to ensure coordinated approach to AML issues, interfacing with the business

Other duties that may be assigned from time to time


Knowledge, skills and experience required

A Bachelor Degree is desirable

Solid related experience in Anti-Money Laundering Compliance, Banking or control-related function in the financial service industry

Must have a strong understanding of AML risks and typologies and be able to assist the Citi business to identify areas of weakness within the AML programs of their Payment

Intermediary Clients

Able to demonstrate understanding of Payment Intermediary client products (eg payments, receivables etc) and knowledge of Payment Intermediary client types is essential

Preference will be given to candidates with AML/ Compliance/ Legal/ regulatory / audit background and candidates who can demonstrate a firm understanding of Citi AML policies and procedures, and an overall appreciation of Payment Intermediaries and the ecommerce environment

Candidate must possess excellent interpersonal and client service skills as well as have the ability to work very closely and confidently within the AML team and the business

He or she will also need to be able to work autonomously and lead a small team of AML Compliance professionals

Effective communication, both written and oral, is crucial to successful job performance

Strong analytical and organizational skills are also necessary

Exceptional candidates who do not meet these criteria may be considered for the role provided they have the necessary skills and experience

Valuing Diversity

Demonstrates an appreciation of a diverse workforce Appreciates differences in style or perspective and uses differences to add value to decisions or actions and organisational success

Profile Summary:

Employment Type : Full Time
Eligibility : Any Graduate
Industry : Banking
Functional Area : Banks/Insurance/Financial Services
Role : Banking -General
Salary : As per Industry Standards
Deadline : 07th Jan 2020

Key Skills:

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