Citi IPB US AML Specialist in Miami, Florida

  • Primary Location: United States,Florida,Miami

  • Education: Bachelor's Degree

  • Job Function: Bus Strategy, Planning & Admin

  • Schedule: Full-time

  • Shift: Day Job

  • Employee Status: Regular

  • Travel Time: Yes, 25 % of the Time

  • Job ID: 18076284

Description

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.

Citi’s 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 public’s 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.

Objective:

Position is responsible to provide specialized support to the IPB U.S. business in AML and Sanctions related initiatives. This position will work jointly with the AML Senior Program Lead, Senior Specialist and other Global and in-business stakeholders in the implementation of AML and Sanctions operational elements approved for the IPB U.S. business under its overall AML and Sanctions monitoring framework. This position will help drive the implementation of Corporate and business approved programs to ensure a robust customer due diligence process is performed during account opening and during periodic reviews of the IPB U.S. customer base. This position will also actively support and coordinate the implementation of other key AML and Sanctions projects required for the business to operate under a controlled and effective AML environment, these projects may be the direct result of initiatives committed by the business to regulators or internal Citi stakeholders such as Citi’s Board of Directors and Citi’s second and third line of defense teams (e.g., AML Advisory/Compliance, Internal Audit). Individual will work closely with the business operating units to ensure that day-to-day / on-the-ground AML activities are performed in adherence to global/sector KYC/AML policies and guidelines. Incumbent will also work closely with the AML Senior Program Lead and Global teams to conduct impact and gap assessment of new policies and standards deployed for the business. This position may also work with AML and Sanctions processes, procedures and training of staff. Position will participate in the implementation of specific initiatives required for the business to enhance its AML and Sanctions framework, identify and address ongoing training needs and act as an AML subject-matter-expert in support of the business operating model.

Primary Responsibilities:

  • Partner with the AML Business Senior Program Lead to execute and implement specific actions to enhance the AML and Sanctions framework to ensure a consistent operating model and an optimal management of AML and Sanctions risks

  • Assist in translating Consumer Bank commitments (in full alignment with Global KYC/AML) into the business, assess impact and drive full implementation of such commitments and requirements.

  • Work with AML partners on the interpretation and strict implementation of Citi policies and standards and compliance of regulatory requirements to ensure they are met while being sensitive and balanced vis-à-vis customers and business needs.

  • Participate in AML-related project plans to coordinate the implementation of KYC/AML and Sanctions monitoring requirements. Adhere to expected execution and quality timelines. Track timely completion of milestones and escalate identified risks or roadblocks. Work with the AML Business Senior Program Manager to escalate staffing, training and implementation needs and design training/certification programs and execute them.

  • Partner with the IPB U.S. CBSU team to constantly assess opportunities for improvement.

  • Provide advice and education to the business on AML programs and best practices. Implement and track training and communication strategies for the business.

  • Conduct training sessions, in accordance with a business approved training program, on topics around AML and Sanctions. Audience will be IPB US staff who perform AML activities.

  • Document project execution in an audit-like manner and represent the business in AML-related audits and validations conducted on the implementation of business AML Programs, as needed.

  • Partner with the business Decision Management team to develop AML reports/MIS and presentations. Represent the IPB U.S. business with internal reviewers, such as Compliance Testing, in the review of customer KYC files for completeness.

Qualifications

Qualifications:

  • Over 3-5 years of AML-related experience

  • Bachelor of Arts or equivalent experience

  • Position requires strong background in AML Regulations including the Bank Secrecy Act and the US Patriot Act couple with excellent analytical skills (quantitative and qualitative)

  • The employee must have experience in project management and on Consumer banking operations and AML controls

  • Superior interpersonal and communication skills at all levels.

  • Strong analytic skills and ability to rapidly assimilate complex information.

  • High level of energy, enthusiasm and motivation.

  • Highly effective influencing skills. Ability to build strong partnerships.

  • Sound decision making, while able to agreeably present another viewpoint.

  • Positive/can-do approach, embraces changes and communicates as own.

  • Superior organizational skills.

  • Excellent written and presentation skills.

  • Ability to use Microsoft tool suite (Excel, Word, Access, PowerPoint)

  • Proven success in a client-focused environment and with process improvement projects.

  • Bilingual – English and Spanish; Portuguese a plus

Citi is an equal opportunity and affirmative action employer. Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.