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Director, AML Compliance for US Personal Bank, Cards - Issuing and Acquiring (Hybrid)

Company: Citi
Location: Carrollton
Posted on: September 21, 2022

Job Description:

The Compliance Anti-Money Laundering (AML) Risk Management Director is a senior management level position responsible for establishing internal procedures to prevent money laundering and assist in all matters concerning financial crimes in coordination with the broader AML team. The overall objective is to manage a team, utilize in-depth specialty knowledge to identify issues/problems and devise recommendations for complex situations.Responsibilities:

  • Lead and manage staff of AML professionals to accomplish goals and invest in the development of team members through the development and execution of AML training
  • Develop and assist in the implementation of firm-wide AML risk management policy and strategic AML Compliance Risk Management (ACRM) direction as well as maintain the AML compliance program for the businesses
  • Translate AML strategy and goals across Citi clients, products, and geographies in a succinct brief and clear manner as well as provide direction and guidance on the program
  • Provide advice to the businesses regularly on new business initiatives, new products, business acquisitions, and client-related matters with respect to applicability of policies, resolution of potential red flags, or other client/transaction-related compliance escalations
  • Work with business/functional line management in recommending, developing, and executing on business initiatives within permissible statutory and regulatory frameworks
  • Assess complex issues, structure potential solutions, and drive effective resolution with other senior stakeholders
  • Liaise with regulators and Citi internal audit staff for AML matters including coordinating AML related examinations, audit and reviews, document production, and issue replies
  • Participate in and manage various internal assurance processes including regional enterprise wide and horizontal risk assessments, self-assessment, internal audit, and compliance testing review
  • 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:
    • 15+ years of relevant experience
    • 8-10+ years of managerial experience
    • Anti-Money Laundering (AML) certification
    • Experience in managing regulatory exams and relationships with examiners and auditors
    • Extensive knowledge of appropriate regulatory requirements including local and US laws, international and industry standards
    • Extensive knowledge of AML regulations, risks, and appropriate controls
    • Demonstrated leadership and motivational skills
    • Ability to work with regional and global partners, and influence and lead people across culture and senior level Education:
      • Bachelor's degree/University degree or equivalent experience required
      • Master's degree preferred Primary responsibility for this role will be to oversee the Personal Banking and Wealth Management Credit Card line of business in North America (USA and Canada), covering both Cards Issuing and Merchant Acquiring. Prior Cards product and AML experience is required.-------------------------------------------------Job Family Group: Compliance and Control-------------------------------------------------Job Family:AML Compliance & Risk Mgmt------------------------------------------------------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, Carrollton , Director, AML Compliance for US Personal Bank, Cards - Issuing and Acquiring (Hybrid), Executive , Carrollton, Texas

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