$79120 - $118680 Year
Monday to Friday
Day shift
Health insurance
Paid time off
Employee discount
Dental insurance
Vision insurance
401(k)
401(k) matching
Flexible schedule
Parental Leave
Tuition reimbursement
Flexible spending account
Retirement plan
Others
KYC Risk Evaluation Management (REM) is an AML function that is responsible for conducting a risk evaluation for clients with certain high-risk attributes to determine whether to on-board or maintain the relationship from an AML risk perspective. In support of the REM function, the Internal Assessment team is designed to ensure risk evaluations are properly conducted by (a) performing Peer Reviews; (b) supporting volumes related to IA, Exam and regulatory reviews ; and (c) developing controls and solutions to enhance the KYC REM Program. To achieve this objective, the responsibility of an Internal Assessment Senior Analyst includes:
Responsibilities:
Understand the KYC REM process and how holistic risk evaluations are conducted. This may include the assessment of: Client Information, Ownership Structure, Name Screening Matches, EDD, Product Profile, and Local Requirements.
Understanding the applicable Global KYC Policies, Standards and Procedures
Reviewing risk evaluations completed by the Regional KYC REM hubs to assess risk comprehension, narrative writing and skill sets.
Engaging with REM QC teams to be a consolidated point of contact to understand and respond to REM Risk Findings/Observations. This provides insight on how Regional KYC REM Hubs understand concepts defined by Procedure and Policy.
Assisting in the development of sound metrics on Peer Review/QC issues and trends, perform root cause analyses on identified concerns, develop practical and executable solutions to enhance narrative/analysis/risk comprehension.
Providing feedback to KYC REM Management, KYC REM Execution Team Leads, and KYC REM staff on results and actions that need to be taken to improve the process.
Escalate AML concerns or any significant suspicious activities to senior management
Assist in coaching and training REM Analysts
Responsibilities may evolve as the program dictates
Qualifications:
5+ years of relevant work experience
Bachelor’s Degree and AML Certification preferred
Effective verbal and written communication skills
Ability to critically think and assess complex issues
Recent working knowledge of AML legislation and regulatory requirements.
Ability to rapidly comprehend new and complex products.
Commitment to understanding country-specific principles and business knowledge related to AML regulations.
Proactive, organized, and ability to work independently with minimal supervision.
Must be able to manage and complete multiple tasks on time.
Understanding appropriate escalation and follow-up methods when potential AML risk is identified.
Ability to independently refer to policies and procedures and put into context with regards to this role.
Education:
Bachelor’s degree/ University degree or equivalent experience
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 Core
------------------------------------------------------
Time Type:
Full time
------------------------------------------------------
Primary Location:
Tampa Florida United States
------------------------------------------------------
Primary Location Full Time Salary Range:
$79,120.00 - $118,680.00
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:
Jun 10, 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.
Communication
Leadership
Teamwork
Interpersonal
Learning/adaptability
Self-management
Organizational
Computer
Problem solving
Open mindedness
Strong work ethic
technology
Others
5+ years of relevant work experience
Finance
On going position
Hybrid Remote