Officer, AML Execution Analyst (GEDD Periodic Transaction Review)

Whether you’re at the start of your career or looking to discover your next adventure, your story begins here.  At Citi, you’ll have the opportunity to expand your skills and make a difference at one of the world’s most global banks.  We’re fully committed to supporting your growth and development from the start with extensive on-the-job training and exposure to senior leaders, as well as more traditional learning.  You’ll also have the chance to give back and make a positive impact where we live and work through volunteerism.

Citi’s Independent Compliance Risk Management (ICRM) is an independent control function that provides guidance and challenge to the firm, managing compliance risk and promoting behavior that is consistent with Citi’s mission.

The Periodic Transactions Review (PTR) is a process conducted in order to strengthen customer due diligence to fully identify and address the AML risk associated to correspondent accounts. Periodic Transaction Review Team is conducting a review of a Foreign Correspondent Banking (FCB) client’s transactional activity.

The Periodic Transactions Report is a part of the Citi KYC renewal process and is used to assist with evaluating the client’s AML risk. The PTR analysis covers three months activity. Information gathered in the Periodic Transactions Report is used to understand the usage of the correspondent accounts by the clients and the possible associated AML risks while renewing the KYC documents for this client. It validates the accuracy of anticipated account activity, the accuracy of the risk score associated with the client, and identifies potential risk areas such as nested activity, high risk customers, unusual activity or patterns.

We’re currently looking for a high caliber professional to join our team as Officer, AML Execution Analyst (GEDD Periodic Transaction Review) (Internal Job Title: Compl AML Execution Intmd Analyst - C11) based in Mumbai, India.  Being part of our team means that we’ll provide you with the resources to meet your unique needs, empower you to make healthy decision and manage your financial well-being to help plan for your future.  For instance:

• Citi provides programs and services for your physical and mental well-being including access to telehealth options, health advocates, confidential counseling and more. Coverage varies by country.
• Citi provides access to an array of learning and development resources to help broaden and deepen your skills and knowledge as your career progresses.
• We have a variety of programs that help employees balance their work and life.

In this role, you’re expected to:

• Complete Level 1 and Level 2 reviews of the PTR Report, which includes identifying Red Flags, Validating Negative Media, and Providing Recommendations to the findings.
• Obtain and analyze transactions and transaction patterns related to Foreign Correspondent Bank, Payment Intermediaries and Affiliate clients activity, validate know your customer.
• Identify unusual/suspicious activity based on AML red flag / typologies knowledge and provide a robust clear and concise analysis of material findings.
• Raising recommended adjustments to a KYC profile, or request additional information as it relates to transaction activity which cannot be reasonably explained.
• Ensuring PTR reviews are completed with the specified review period.
• Using proprietary, subscription and public databases, research entities related to the transactions.
• Thoroughly and succinctly document the research and analysis related to the financial activity and related entities for an audience that includes: - Regulators - Internal Audit - Relationship Managers - Senior Managers and - Internal Compliance
• Meet or exceed quality, productivity and timeliness goals.
• Communicate with internal entities, including senior managers and other Citigroup AML monitoring units to ensure findings are incorporated in all aspects of the AML control program.
• 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 a successful candidate, you’d ideally have the following skills and exposure:

• Good understanding on Foreign Correspondent Banking (FCB) and Anti Money Laundering principles.
• Highly proficient in MS excel (sort, pivot tables).
• Highly proficient AML investigator with demonstrated experience in AML monitoring.
• Fluent in English, spoken and written.
• Excellent judgment and assessment skills.
• Excellent organizational and prioritization skills.
• Excellent communication skills – as evidence by ability to concisely and meaningfully explain and document investigation.
• Demonstrates initiative and creativity in problem solving.
• 3-4 years minimum of AML monitoring experience as Senior AML Analyst of Citi's corporate client accounts: financial transactions/ transaction patterns/counterparties (including the customers of the client), and utilizing KYC documentation and research to evaluating AML related customer risk
• Finance/Banking background is a plus.
• Education : Bachelor’s/University degree or equivalent experience.

Working at Citi is far more than just a job. A career with us means joining a family of more than 230,000 dedicated people from around the globe. At Citi, you’ll have the opportunity to grow your career, give back to your community and make a real impact.

Take the next step in your career, apply for this role at Citi today

https://jobs.citi.com/dei