Global Financial Crimes Investigations & Intelligence Compl AML Intelligence Grp Mgr
Company: Citi
Location: Jersey City
Posted on: June 17, 2022
Job Description:
Job DescriptionThe Compl AML Intelligence Grp Mgr is accountable
for management of complex/critical/large professional disciplinary
areas. Leads and directs a team of professionals. Requires a
comprehensive understanding of multiple areas within a function and
how they interact in order to achieve the objectives of the
function. Applies in-depth understanding of the business impact of
technical contributions. Commercial awareness is a necessity.
Generally accountable for delivery of a full range of services to
one or more businesses/ geographic regions. Excellent communication
skills required in order to negotiate internally, often at a senior
level. Some external communication may be necessary. Accountable
for the end results of an area. Exercises control over resources,
policy formulation and planning. Primarily affects a sub-function.
Involved in short- to medium-term planning of actions and resources
for own area. Full management responsibility of a team or multiple
teams, including management of people, budget and planning, to
include performance evaluation, compensation, hiring, disciplinary
actions and terminations and budget approval.
Responsibilities:
- Act as a mentor to more junior team members globally and to
encourage consistent understanding of policies and procedures and
strategic direction.
- Provide subject matter expertise on AML concerns. Compile
documentation by reviewing recent news, court documents and
public/private sector white papers.
- Oversee appropriate collection and analysis of documents to
obtain a complete global understanding of the client and identify
unusual transaction patterns. Additionally, provide guidance to
analysts on best and most effective documentation approach for
clear and concise case documentation supporting final
disposition.
- Identify and research high risk areas / typologies and trigger
events for risk severity and sensitivity evaluation.
- Work collaboratively to analyze and review typologies to
establish review processes.
- Manage and influence data analysts as they gather data from
prior AML investigations, subpoenas, and prior escalations to
detect trends and "connect the dots" amongst disparate data sets.
Help prepare Suspicious Activity Reports (SARs) and recommend
relationship retention or termination.
- Determine suitable data access requirements, the extent of data
sharing access and restrictions in collaboration with the Data
Privacy Office and designing, with support from Global and Regional
partners, the data mining analytics strategies for detecting
suspicious transactional and customer activity.
- Escalate to Investigative units, Risk advisory or Stakeholders
if needed.
- Act as a team lead, manage a team of analysts who perform all
of these basic duties.
- Additional duties as assigned.
- 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, as well as
effectively supervise the activity of others and create
accountability with those who fail to maintain these standards.
Qualifications:
- 10+ years relevant experience
- AML certification /Advanced degree preferred.
Education:
- Bachelor's/University degree, 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
requiredThe Global Financial Crimes Investigations and
Intelligence's (GFCII) mission is to create an integrated approach
to the prevention and detection of financial crime by identifying
vulnerabilities and mitigating risks to the bank. Provide
appropriate feedback through strategic analysis and leverage
synergies across functions to create a holistic view of financial
crimes.The Global Financial Crimes Investigations and Intelligence
unit's expanded mission (e.g., Cyber Crime, AB&C, Sanctions,
AML, Fraud, Cryptocurrency), high-risk geographies and integrated
Cyber Crime/Data Intelligence Function will require a synchronized
operational approach across the Financial Crimes umbrella.The
Global Coordination Team Lead (TL) is responsible for supervising a
group of 6 or more investigative analysts and for coordinating
complex multi-region, multi-country and multi-business cases. In
this capacity, they will provide leadership and direction to
relevant GFCII regional offices as they initiate focused
investigations concerning significant Financial Crimes risks. This
position is also responsible for conducting global meetings to
leverage individual findings and prepare consolidated findings in
support of final recommendations.The Global Coordination TL
exercises global responsibility by assuring their assigned analysts
properly coordinate with regional Analysts to verify that regional
investigations have considered relevant information and are
complete, accurate and timely. The TL receives periodic briefings
on progress and findings of regional investigations and oversees
the global and regional preparation of escalations appropriately,
for presentation to the GFCII Global Head or GC, and thereafter to
other stakeholders as directed. The TLs have overall responsibility
for coordination of the uniform treatment of customers across
regions related to the cases of their assigned
analysts.Requirements of this position include the ability to
proactively identify and mitigate significant global Financial
Crimes risk through the creation of Special Initiatives designed to
capture Citi exposure from significant external events to include
terror attacks and public corruption and projects which are
thematic groupings of investigations focused on products, high risk
jurisdictions, business lines to assess the internal control
environment. These Special Initiatives are often developed through
liaison with external law enforcement entities who assist in the
identification of money laundering and/or terrorist finance
typologies and mitigation of AML and terrorist financing risks to
Citi.Specific Responsibilities Include:
- Play a critical Global Coordination role by continuously
engaging with the regional teams to ensure a timely case
progression, disposition, escalation, closure and feedback.
- Responsible to lead and/or respond to high priority matters
involving significant events/negative news initiated by Legal, Law
Enforcement and Senior Management and above.
- Provide day-to-day supervision, oversight and guidance to their
respective analytical team.
- Spearhead strategic initiatives on process restructuring and/or
productivity enhancements by engaging with internal and external
stakeholders globally.
- Act as a mentor to junior team members globally and ensure a
consistent understanding of GFCII's policies and procedures and
strategic direction.Qualifications:
- Four Year College Degree or equivalent experience
- Post Graduate Degree is a plus
- Eight to ten plus years of professional work experience that
includes writing, presenting, and past experiences managing
relationships with diverse managers
- Prior management Experience
- Five plus years' experience in reviewing customer transactions
and information for potentially suspicious activity and performing
AML related investigations
- Five plus years' experience in reviewing and approving Know
Your Customer (KYC) files for complex banking products, performing
analysis of customer information/transactions, and preparing
Suspicious Activity Reports (SARs)
- Knowledge of the laws applicable to money laundering, including
the Bank Secrecy Act (BSA), The USA Patriot Act, OFAC, FinCEN
requirements, and Suspicious Activity Report (SAR)
requirements
- Excellent organizational, time management, and project
management skills
- Excellent research skills including experience with online
research tools
- Advanced proficiency in Microsoft Word, Excel, Access,
PowerPoint, and Outlook
- Strong writing, analytical, and communication skills
- Able to multitask and complete projects on time-Job Family
Group:Compliance and Control-Job Family:AML Intelligence-Time
Type:Full time-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.View the "EEO is
the Law" poster. View the EEO is the Law Supplement.View the EEO
Policy Statement.View the Pay Transparency Posting-Effective
November 1, 2021, Citi requires that all successful applicants for
positions located in the United States or Puerto Rico be fully
vaccinated against COVID-19 as a condition of employment and
provide proof of such vaccination prior to commencement of
employment.
Keywords: Citi, Jersey City , Global Financial Crimes Investigations & Intelligence Compl AML Intelligence Grp Mgr, Accounting, Auditing , Jersey City, New Jersey
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