CTS AML Officer- 12021261

Details: Office Location / Address:  NY- 388 GREENWICH STREET 388 GREENWICH STREET NEW YORK NY 10013 USA - 10026 Education Level:  Bachelor's Degree Shift:  Day Job Employee Status:  Regular Citi, the leading global financial services company, has some 200 million customer accounts and does business in more than 100 countries, providing 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, and wealth management. Additional information may be found at www.citigroup.com or www.citi.com. Job Title: CTS AML OfficerOfficer Title: VPBusiness: Citi Transaction ServicesDivision: Risk ManagementLocation: New York, NY  Function is responsible for working with business management, independent Compliance, and other support areas, for ensuring appropriate AML and related controls for CTS products. • Provide support globally in the area of Anti-Money Laundering and Know Your Customer compliance programs, for commercial and potentially consumer payment flows in CTS.• Evaluate the general risk faced by the client and the impact of those risks to CTS• Develop and manage a regular AML/KYC reporting and escalation process to inform senior management and the compliance team, as necessary.• Work closely with Independent Compliance from the Product and AML departments.• Ensure that senior management and line of business management are accountable for effectively implementing bank policies and procedures and fulfilling AML and OFAC obligations.• Develop appropriate objectives and means to measure the effectiveness of compliance officers and personnel.• Ensure new products and services are subject to senior level compliance review and approval and consider the AML risk of the new product or service.• Work closely with the business to ensure AML support in preparation for internal/external regulatory exams and audits• Organize efforts to complete necessary CMAC documents in preparation for CMAC reviews• Manage Global CTS AML Risk Assessment coordination for new and existing products• Work alongside each business to aid in the AML Risk Assessment process• Coordinate with the Global AML Committee to ensure all CTS risk assessments are properly completed and reviewed• Provide innovative solutions to represent AML metrics and information in meaningful formats to effectively monitor and manage AML Risks.  Prepare reports for Senior Management• Analyze AML metrics from a variety of sources to identify key risk indicators and root causes• Manage weekly AML Risk reporting for Senior Risk ManagementDevelopment Value:• Opportunity to have significant potential impact on the business and influence the future direction and initiative prioritization for the business• Highly entrepreneurial role with a lot of room for innovation and new business building.• Opportunity to work closely and build trust with senior management

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