AVP, Senior AML Investigations QC SAR Review Analyst - GFCII
Tampa, Florida
Job Req ID 23618750Overview
Our international footprint will give you access to unique intelligence and decades of experience. And by joining our Anti-Money Laundering team – one of the most international areas at Citi – you will touch every aspect of the company and make critical decisions for our clients, for your career, for every employee, and for the business.
Success Profile
- Analytical
- Detail oriented
- Leadership
- Communicator
- Relationship expertise
- Persuasive
Glassdoor Reviews
Responsibilities
The Compl AML Intel Sr Analyst is a seasoned professional role. Applies in-depth disciplinary knowledge, contributing to the development of new techniques and the improvement of processes and work-flow for the area or function. Integrates subject matter and industry expertise within a defined area. Requires in-depth understanding of how areas collectively integrate within the sub-function as well as coordinate and contribute to the objectives of the function and overall business. Evaluates moderately complex and variable issues with substantial potential impact, where development of an approach/taking of an action involves weighing various alternatives and balancing potentially conflicting situations using multiple sources of information. Requires good analytical skills in order to filter, prioritize and validate potentially complex and dynamic material from multiple sources. communication and diplomacy skills are required. Regularly assumes informal/formal leadership role within teams. Involved in coaching and training of new recruits Significant impact in terms of project size, geography, etc. by influencing decisions through advice, counsel and/or facilitating services to others in area of specialization. Work and performance of all teams in the area are directly affected by the performance of the individual.
Responsibilities:
- Analyze and proactively identify risks and new AML concerns. Review recent news, court documents, and public/private sector white papers.
- Independently conduct complex research and investigations utilizing internal and external data; analyze research results and conduct complex data analysis.
- Prepare written investigative reports and Suspicious Activity Reports (SARs) where appropriate; present findings to senior management and advise on next steps.
- Execute due diligence investigations in support of policies and procedures to meet internal and external regulatory requirements.
- Use sound decision-making and discretion in making decisions that mitigate corporate risk at each decision point throughout the investigation.
- Make recommendations to senior management on next course of action – either relationship retention or termination and, when warranted, prepare SARs.
- Additional duties as assigned.
- 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:
- AML Certification
- 5-8 years prior work experience in a financial institution with job specific work experience in AML
- Consistently demonstrates clear and concise written and verbal communication and interpersonal skills
Education:
- Bachelor’s/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.
This Quality Control SAR Review role will be performing quality control evaluations of GFCII investigations and SARs at a senior level. This role will be filled by a subject matter expert responsible for the completion of reviews involving significant AML risks identified in complex, highly sensitive, multi-business cases, projects, and Suspicious Activity Reports initiated by the Global Financial Crimes Investigations and Intelligence unit.
The evaluation process determines whether internal and external systems were properly used to identify and/or verify a customer’s identity, account relationship, transactional activity, public information, any related individuals/entities, and any negative news. The process also evaluates whether the reports, supporting documentation and templates are complete.
The work performed in this role leads to thorough evaluations of GFCII Investigation Reports and SARs to ensure that data documentation is audit ready and meets GFCII standards and regulatory requirements that ultimately could lead to recommendations to Citi business units that mitigate AML, regulatory and reputational risks.
The QC SAR Review Analyst will also conduct QC reviews of the GFCII Investigative processes and SARs to identify (if necessary) GFCII process improvements. The role involves work in strategic development focused on ways to improve the efficiency and quality of our controls and the investigative work product, including timeliness of submissions and decreasing case aging within the control functions. In addition, the QC SAR Review analyst will also support coordination with stakeholders in providing appropriate responses to internal auditors and external regulators.
REPRESENTATIVE RESPONSIBILITIES:
- Ensures adequacy and completeness of the information utilized and documented in GFCII investigations and SARs
- Manage the verification process of the existence of proper documentation of KYC, Due Diligence and Transactional Activity within GFCII investigation reports and SARs
- Communicate with investigators and supervisors for corrections, updates, and approvals of investigations, SARs and supporting documentation in preparation for submission
- Responsible for receiving, organizing and reviewing Suspicious Activity Reports, including the SAR narrative, supporting documentation, transaction amounts/totals and dates of activity, to ensure completeness and accuracy of the content of the report; provide feedback and suggested revisions to investigators as appropriate
- Assist in day to day execution of the controls over the investigations processes within the GFCII
- Assist the GFCII team with ensuring the global investigations process is effectively implemented
- Conduct QC reviews based upon Global Anti-Money Laundering Investigation Standards and GFCII Procedures
- Develop Strategic proposals for continual improvements to the GFCII control environment
- Identify and implement the enhancements required in the QC/Fact Checking process
- Works independently while understanding the necessity of communicating and coordinating work efforts with fellow QC/SAR Analysts and GFCII Investigation Analysts
QUALIFICATIONS:
- 6-10 years prior work experience in a financial institution with job specific work experience in AML and Financial Crimes
- Consistently demonstrates clear and concise written and verbal communication and interpersonal skills
- Knowledge of laws applicable to money laundering, including the Bank Secrecy Act (BSA), The USA Patriot Act, OFAC requirements, and Suspicious Activity Report (SAR) requirements is a plus
- Prior experience in examination roles and in depth understanding risk and controls analysis
- Excellent research, written and oral communication skills
- Advanced proficiency in Microsoft Word, Excel, PowerPoint, and Outlook
- Superior attention to detail
- Willingness to learn proprietary technology
- Strong interpersonal skills – Must have the ability to build relationships with a diverse group of Compliance and other stakeholders
- Able to multitask and complete projects and assignments in a fast-paced, time-sensitive environment
EDUCATION:
- Bachelor’s/University degree
-------------------------------------------------
Job Family Group:
Compliance and Control-------------------------------------------------
Job Family:
AML Intelligence------------------------------------------------------
Time Type:
Full time------------------------------------------------------
Primary Location:
Tampa Florida United States------------------------------------------------------
Primary Location Salary Range:
$76,510.00 - $114,770.00------------------------------------------------------
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
-
Join our team
of 220,000+
strong diverse employees -
Socially minded employees volunteering in communities across 90 countries
-
Meaningful career opportunities thanks to a physical presence in over 95 markets
We foster a culture that embraces all individuals and encourages diverse perspectives, where you can make an impact and grow your career. At Citi, we value colleagues that demonstrate high professional standards, a strong sense of integrity and generosity, intellectual curiosity, and rigor. We recognize the importance of owning your career, with the commitment that if you do, we promise to meet you more than half way.
Innovation Through Diversity
-
A Day in the Life at Anti-Money Laundering: Naomi Ferdinand
Interested in learning more about working in Anti-Money Laundering at the world's most global bank? Hear from our employees as they share their stories and insights.
-
A Day in the Life at Anti-Money Laundering: Rose Sayre
Interested in learning more about working in Anti-Money Laundering at the world's most global bank? Hear from our employees as they share their stories and insights.
Success Stories
Get inspired and hear what employees who started their careers in AML have to say about Citi
How did you begin a career in Compliance/AML?
I fell into AML when I was working for another financial institution as a support person for a Relationship Manager, which included KYC support. Very quickly the KYC/AML component took over the role, and I decided to develop my expertise in AML by obtaining formal AML qualifications (ACAMS, AFMA AML/CTF diploma).
What does your day-to-day job entail and what do you like most about it?
There is a lot of variety as I have an advisory role, which essentially means that I provide advice to the business on ML/TF/sanctions risks in connection to what they do. We sit on many governance meetings held by various business lines, and also have business meetings on a specific client or product where AML oversight is required. Our function also reviews a lot of documents, including KYC escalations, policies, and procedural documents, and any exception to these must be approved by our team.
What do you enjoy most about your role?
I really enjoy the variety in the role and the fact we have so many internal stakeholders. There are lots of opportunities to learn about banking products and operations.
What skill set does someone working in this kind of area need?
Technical knowledge of the AML regulatory and risks environment and understanding how payments/banking products work is essential. Good analytical and writing skills are also important, as we write and review a lot of data and documents. I find it valuable to be inquisitive – part of our job is to ask a lot of questions to understand what you are being asked to provide advice on. Finally, creating positive relationships with stakeholders is beneficial, as we need to engage, challenge, and develop a sense of trust with the business to achieve a true partnership.
What advice would you give to someone looking to break into a career in AML?
The AML sector is a competitive one, as it is in high demand as more focus is placed on AML compliance. Having AML-related qualifications such as the ACAMS certification, qualifications in financial crimes or AML helps.
Where can a career at Citi take you?
As Citi is global bank, it is possible to transfer to other roles in our regional hubs or even at global head office in the US!
What makes Citi a good place to work?
What I like about working at Citi is the fast-paced environment; there is always something going on. Citi offers me flexibility and is supportive of my work-life balance. I also like the little perks such as company discounts and the free gym!
Nuri
Operational Risk Manager/ AML M&I Managers Control Assessment (MCA) Program Lead
Tenure at Citi: 7 years
How does your role/department impact the larger organization?
My department is responsible for governance of the Managers Control Assessment process for all AML monitoring and investigations functions, which is the medium mechanism for the company to execute their controls. Our coverage is global.
How did you begin a career in Compliance/AML?
I started as an AML analyst. I am native Turkish and, at that time, CSC Poland was looking for Turkish speakers for a migration on AML monitoring from Turkey to Poland.
What does your day-to-day job entail and what do you like most about it?
My current position is a self-contributor role. On my day-to-day work, I need to ensure that all required reports are generated on time and shared with the senior management. Since our program is the main control program within Citi, it is critical that reports are produced correctly and delivered in timely manner.
What do you enjoy most about your role?
I like to speak with different people all around the globe. Moreover, my role allows me to have insight into all processes in functions supported by us. The exposure to the whole AML environment gives me a helicopter view of the AML Department. At the same time I have the opportunity to see the details of all teams and processes, which allows me to gain a greater knowledge and perspective on AML in Citi.
What skill set does someone working in this kind of area need?
You need to have analytical skills. You need to be open and have a transparent approach. Since you are going to be in contact with several people all around the globe, you need to be patient. It would be beneficial to be self-initiator and persistent. Sense of ownership is valuable as well; any idea, even the best, can be forgotten if not driven with confidence.
What advice would you give to someone looking to break into a career in AML?
Be focused, be analytical, be innovative, and continue challenging during your investigations. Own your initiatives and don’t limit yourself. Try to understand and learn more about the organization while improving your network among different departments.
Where can a career at Citi take you?
I want to give an example here to show you the scale of the opportunity. My Belarusian direct report moved to Poland to study and then got employed by Citi as an AML analyst. He moved forward in his career and he got a position in the AML Quality Assurance team. He was sent to Geneva for 3 months assignment to support the process. He was very successful, hence was offered a position there. That meant he was to be the very first QA team member there. After two successful years in that position, he moved to a compliance role with a promotion.
What makes Citi a good place to work?
Citi is good place to work due to several reasons. It is truly a multi-cultural organization. Regardless of your position, you are always in touch with people from all around the world. That leads us to the second reason. Citi is truly a global organization, having locations and branches in many countries. Having those two major properties, Citi is one of the best employers, offering almost limitless development opportunities to its employees.
This is just a small example from the huge Citi world; therefore, Citi is not only a good, but a great place to work!
Do you take part in any volunteering, special programs, or leadership development opportunities and/or participate in any Employee Networks?
It is pivotal and highly encouraged to any Citi employee to be active and use opportunities provided by Citi. Personally, I have actively participated in the volunteering week for the last 5 years. I had the chance to attend several self-development courses and special programs.
I have completed many Citi course trainings offered to me. I was also selected in 2016 to participate in I Lead – AVP program, which is a special curriculum for high-performance AVPs from various business functions who are gathered and given assignments to real applicability projects with the task of proposing solutions.
I co-chair Citi Pride Network for CSC Poland. At the moment of filling this questionnaire, our network is still under establishment, but surely not for much longer! I also take active roles in Poland disABILITY and Poland Multicultural employee networks.
I graduated Management in Warsaw School of Economics (specialization, Human Resources Management) with a master’s degree. In 2016, I obtained ICA International Advanced Certificate in AML issued by International Compliance Association.
How does your role/department impact the larger organization?
My department is responsible for transaction monitoring. Our main responsibility is to mitigate the risk of laundering money and terrorist financing.
How did you begin a career in Compliance/AML?
Before I joined Citi, I read a lot about the global issue of money laundering and I decided to continue my career in this area. Additionally, I met a person who recommended Citi as a great employer. When I noticed that Citi in Poland has AML department, the choice was simpler.
What does your day-to-day job entail and what do you like most about it?
I am responsible for six teams that monitor transaction for GCB clients in NAM. The thing I like most is the cooperation with people and looking for improvements in current process.
What do you enjoy most about your role?
As I mentioned earlier, contact with people and looking for improvements. Additionally, I like that each day there are new challenges; therefore, my work is never boring.
What skill set does someone working in this kind of area need?
Ability to manage and develop people.
What advice would you give to someone looking to break into a career in AML?
Even if you don’t have experience in AML, don’t be afraid – apply! We will teach you how to be a great expert in AML.
Where can a career at Citi take you?
Sky is the limit. In AML, you have a chance to learn many things from AML process by reporting to managing people. Everything depends on you how you want to use this knowledge.
What makes Citi a good place to work?
Atmosphere, open-minded people, many opportunities to develop, and many interesting challenges every day.
How does your role/department impact the larger organization?
My team provides long-term trend analysis to support improvements to the overall AML monitoring program. This impacts Citi as a whole by ensuring we meet our regulatory and stakeholder commitments to have a robust, efficient AML program.
How did you begin a career in Compliance/AML?
Prior to working in AML I had worked in mortgage documentation review and check fraud monitoring. Due to my experience in risk management and my technical skills, I was hired to the production support team for AML.
What does your day-to-day job entail and what do you like most about it?
My day is usually split between preparing analyses for presentation and meeting with senior management/compliance officers to share our findings.
What do you enjoy most about your role?
There’s always something new to learn in AML.
What skill set does someone working in this kind of area need?
Since my role is focused on data manipulation and presentation, a strong skill set in SQL, SAS, Excel, PowerPoint, and other manipulation and presentation tools is necessary.
As far as soft skills, being self-motivated, good organization skills, and an inquisitive mind.
Where can a career at Citi/AML take you?
Anywhere! There are tons of opportunity across Citi’s many offices and lines of business.
What makes Citi a good place to work?
Citi has a great culture that emphasizes work-life balance and a wide range of opportunities for personal growth.
Featured Career Areas
Technology
Transformation
Finance
Risk ManagementSaved Jobs
You have no saved jobs
Previously Viewed Jobs
You have no viewed jobs