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VP, Compliance Officer - AML Risk Assessment Program

Company: Citi
Location: Flower Mound
Posted on: January 15, 2022

Job Description:

The AML Risk Assessment Program Vice President reports to the Head of AML Risk Assessments and will assist in the execution of the AML Risk Assessment, Horizontal Risk Assessments, Tax Risk Assessment and the KYC Coverage Framework. This VP in this role will help with the holistic design and implementation of the AML and Tax Risk Assessment programs, partnering with stakeholders in the Second Line Business Teams, First Line, Independent Compliance Risk Management, Compliance Testing, Internal Audit, and regulators.The AML Risk Assessment Program Vice President is a strategic professional who stays abreast of developments within own field and contributes to directional strategy by considering their application in own job and the business. Requires basic commercial awareness. Developed communication and diplomacy skills are required in order to guide, influence and convince others, in particular colleagues in other areas. Significant impact on the area through complex deliverables.Work impacts an entire area, which eventually affects the overall performance and effectiveness of the sub-function/job family.


  • Evaluate, enhance and implement best -in-class AML Compliance policies and practices.
  • Provide expert advice on AML Compliance policies to the AML/Financial Crime Support teams and the business.
  • Evaluate and respond to escalated matters; further escalate unusual activity as needed. Advise senior management on next steps.
  • Responsible for liaising with the AML and Horizontal Risk Assessment teams, as well as ICRM to help with the execution of the Risk Assessments.
  • Responsible for liaising with the data analytics team to improve data collection and validation efforts for the Risk Assessments.
  • Assisting with the design and execution of writing risk assessment reports that clearly articulate compliance risks and controls across a country, regional, business sector, product or enterprise wide to quantify compliance risk.
  • Ensuring methodologies are kept up to date and reviewed periodically by the team lead.
  • Responsible for compiling and drafting internal governance forum material and, where appropriate, running internal governance meetings and coordinating associated follow-ups.
  • Supporting additional duties.
  • Has the ability to operate with a limited level of direct supervision.
  • 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:
    • 6-10 years of AML compliance or risk management-related experience; significant knowledge and expertise of AML regulations and the global environment; ability to identify emerging AML risks and help develop end-to end strategies to address them that are actionable, well-controlled and executed timely.
    • A good understanding of the regulatory environment and potential changes that emerge from the AML and Countering the Financing of Terrorism National Priorities act and regulations.
    • Ability to interpret regulation and regulatory guidance clearly and appropriately in terms of applicability to Citi's AML Program and AML Risk Assessment Processes.
    • A good understanding of the firm's products and services to contribute to the Risk Assessment framework.
    • Experience with the design and implementation of effective analytics from a risk perspective. Strong technical background preferred.
    • Demonstrated ability to problem solve and comprehend end-to-end program processes in complex organizations.
    • Experience partnering with multiple constituencies to create consensus and effectively execute responsibilities.
    • Strong interpersonal, leadership and communication skills to negotiate internally, with an ability to inform decision-making with management.
    • Strong critical thinking, analytical skills, project management skills and a desire to innovate, and drive change.
    • Ability to synthesize complex concepts and translate into effective communication and presentations to senior audiences.
    • Energetic and responsive team player with a proven ability to take initiative and drive execution of initiatives.
    • Excellent follow-up and time management skills.Education:
      • Bachelor's/University degree or equivalent experience required
      • Master's degree preferred-Job Family Group:Compliance and Control-Job Family:AML Core-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, Flower Mound , VP, Compliance Officer - AML Risk Assessment Program, Executive , Flower Mound, Texas

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