AML, Sanctions & Payments Controls AVP
Company: Citi
Location: Lithia
Posted on: June 23, 2022
Job Description:
The Anti-Money Laundering (AML), Sanctions, & Payments
Operations Controls Team mainly serves as a governance unit,
providing project management and advisory assistance to the
Institutional Client Group (ICG) Markets and Securities Services
(MSS) Operations teams globally. The AML, Sanctions, & Payments
Operations Controls Team coordinates with various groups Firm-wide
as to the implementation of an effective risk mitigation and
controls framework for all things AML and sanctions across the
Enterprise.Working in partnership with relevant Compliance, Risk
Management, Control, and Operations organizations, the Team ensures
conformance to relevant policies and standards across ICG MSS
Operations. Our goal is to develop and implement a control
framework for ICG MSS Operations, to govern both AML, Sanctions &
Payments requirements, including (but not limited to) MCA, KRI,
exception reporting/monitoring, and escalation.Responsibilities:In
addition to other responsibilities, the ICG MSS AML, Sanctions &
Payments Controls AVP will perform the following key duties:
- Serve as utilitarian representative of ICG MSS Operations
Controls in relation to AML and Sanctions functions
- Proactively review applicable control processes and reporting
to ensure conformance to policies and standards (e.g., Global AML,
KYC, and Transaction Monitoring Policies; Global Sanctions Policy;
and Global Operating Standard for Sanctions Matches)
- Provide leadership and support in assessing current state of
controls pertaining to AML- and Sanctions-related regulatory
requirements to evaluate controls related to AML Transaction
Monitoring and Sanctions are appropriate and effective
- Recommend enhancements to controls, as needed, to mitigate
risks related to AML and Sanctions
- Develop and implement (with input, as applicable, from relevant
stakeholders) strategic plans for enhancing controls to mitigate
risks related to AML and Sanctions
- Assess risks and drive actions to address issues and their root
causes by challenging both historical and proposed practices
- Provide leadership and support with appropriate remedial
actions as they relate to AML monitoring and Sanctions screening
and dispositioning
- Ensure significant risks are appropriately and timely escalated
through Operations / AML / Sanctions / Payments Controls Governance
channels
- Provide analytic, functional, and reporting support to the AML,
Sanctions, & Payments Controls leadership while maintaining
strategic objectives
- Appropriately assess risk and promote efficiency 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 supervising the activity of
others and create accountability with those who fail to maintain
these standards
- Support AML, Sanctions, & Payments leadership on broader ICG
MSS strategy and target operating model
- Develop broad and detailed understanding of the Organization's
landscape, structure, culture, and technology framework
- Ensures project completion, special assignments, and other ad
hoc activities as assignedQualifications:
- 5-8 years relevant experience
- Excellent verbal and written communication skills
- Demonstrated understanding of AML and Sanctions regulatory
environment
- Demonstrated understanding of gap analysis and risk
identification
- Proficient in multi-tasking and managing multiple projects
simultaneously
- Strong interpersonal skills and ability to work well in a team
environment collaborating across diverse groups globally
- Ability to present a compelling case to influence others where
appropriate and hold relevant stakeholders accountable on agreed
upon deliverables
- Ability to operate with a limited level of direct
supervision
- Aptitude for exercising independence of judgement and
autonomyEducation:
- Bachelor's/University degree or equivalent
experience-------------------------------------------------Job
Family Group: Compliance and
Control-------------------------------------------------Job
Family:Governance------------------------------------------------------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 .View the
"" poster. View the .View the .View the
-----------------------------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, Lakeland , AML, Sanctions & Payments Controls AVP, Other , Lithia, Florida
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