Senior Vice President, Business Analytics Group Manager – AML

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Job Overview

Citi Analytics & Information Management (AIM) team is a global community that objectively connects and analyzes information, to create actionable intelligence for our business leaders. The Anti Money Laundering (AML) Analytics Head (Senior Vice President) will be a part of AIM, based out of Bangalore and reporting into the Director / Managing Director in AIM.

Lead a team of Statisticians, Data Scientists and Business Analysts for the following teams (1) AML Data Science & Model Management (DSMM), AML Independent Validation (IV) and AML Global Business Solutions (GBS). The AML Analytics head will follow global consistent methodology but is expected to have a high level of initiative, creativity and suggest enhancements to the current methodologies. The role requires working closely with business partners based in other geographies that Citi operates in (e.g., U.S., LATAM, APAC, EMEA).

Responsibilities:

• Act as Strategic Leader: Incumbents would be primarily responsible for supporting Business Execution activities for Independent Compliance Risk Management (ICRM) AML organization, implement analytical solutions
• Scope of work includes Segmentation & Clustering Development and Review, AML Scenario Development and Enhancement, Threshold Tuning, Outlier Analysis, Initial Thresholds Setting, Case Risk Scoring, Model Development and Performance Review, Tactical Tuning tasks depending on current needs and project plans
• Oversight of Independent Validation for AML Scenarios, KPI processes (Threshold Settings, Segmentations, Random Client Analysis) within the agreed schedule and ensure execution follows global consistent standard, procedures and templates which incorporate, regulatory guidelines (OCC 2011-12), the Bank’s Model Risk Management (MRM) Policy, framework and industry leading practices
• Innovate & generate new ideas, concepts, and models to improve methods of obtaining and evaluating quantitative and qualitative data. Escalate identified risks and sensitive areas in terms of methodology and processes
• Maintain an industry leading knowledge of the tools, systems, and processes available for best-in-class AML Detection and Monitoring
• Build effective teams to deliver on business priorities. Manage career progression for the team, Talent management, effective Performance Management as per goals and Leadership principles
• Thought Leadership
• Stakeholder Management
• Communication and Influence, communicate findings and recommendations to senior management. Stay current with the latest trends and technologies in analytics. Ensure compliance with policies and regulatory requirements
• Risk Management, 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
• Human Centric Leadership, lead a team of analytics professionals and work with them to deliver on organizational priorities

Qualifications:

• 15+ years of experience in Financial Services / Analytics Industry
• Prior experience in AML domain, Mantas, or any other AML Transaction Monitoring systems
• Prior experience in AML analytics – AML Scenarios Development, Threshold Tuning, Segmentation, Clustering, Customer Risk Scoring, Model Development & Validation, Random Client Analysis
• Prior experience in supporting Audits and Regulatory Reviews
• Strong understanding of Data & Analytics ecosystem, establish a scalable analytics framework
• Proven ability to translate complex data into actionable insights. Ability to leverage data analytics tools & techniques for analytics problem solving for organizational needs
• Experience in interacting with senior stakeholders across the organization
• Consistently sets high performance standards with right mentorship & coaching interventions for team. Ownership & accountability of career progression, performance management, IDP and conflict management. Retain talent, manage attrition, and career mobility
• Excellent verbal and written communication skills. Communicates seamlessly across team members / stakeholders / cross-functional teams.
• Strong capability to influence business outcomes / decisions in collaboration with AIM leadership & business stakeholders. Demonstrate thought leadership in partner meetings while leading from the front to drive innovative solutions with excellent stakeholder management.
• Master’s degree in STEM.